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ICA holds seminar to discuss scope of small diameter copper tube
The small diameter copper tube heat exchangers find their usage in making refrigeration equipment, heat pumps and air conditioners.Read more
BASF and Adani to jointly invest €2 bn in petrochemical project in Gujarat
This will be BASF’s first CO2-neutral site and will be 100% powered by renewable energy.Read more
Germany’s Continental to invest Rs 240-cr in powertrain plant in Pune
The plant will produce various drivetrain products including engine management systems, sensors and actuators as well as fuel and exhaust management componentsRead more
IPF Industrial Excellence Awards 2018 receives thumbs up from industry
Industrial Products Finder (IPF) recognises the fastest growing SMEs from manufacturing sector and firms that meet the standards of ‘Product Excellence’. This year’s awards received thumbs up from more than 200 who’s who of the industry who were present for the function where 15 SMEs from across India were honoured for their performance.Read more
Hitachi acquires ABB's power grids business for $11 bn
Power electronics giant Hitachi has agreed to acquire ABB’s power grids business in an $11 billion (£8.7 billion) deal. Initially, Hitachi will acquire an 80.1 per cent stake in the power grids business and expects to close the acquisition in the first half of 2020, making power grids a consolidated subsidiary. Read more
TDK to showcase solutions for automotive and IoT at CES 2019
The company will bring together the industry’s most comprehensive portfolio of sensors and passive components marketed under brands TDK, InvenSense, Micronas, Chirp, Tronics and EPCOS.Read more
Can Indian manufacturing industry achieve $1 tn goal?
The federal government has proposed the ambitious target of $5 trillion for the Indian economy by 2025. Among industries, the goal for the manufacturing sector has been fixed at $1 trillion. But are the targets achievable? Although challenging it’s very much achievable, says Manish Pant.Read more
Lightweight chuck enables minimum acceleration and braking times
The SCHUNK ROTA NCE lightweight chuck sets a new benchmark for lathe chucks. The specialists at the SCHUNK competence center for lathe chuck technology and stationary workholding have invested around 700 hours of computing time in the finite element method in Mengen, Germany, with the aim of adjusting the geometry of the lathe chuck to the distribution of forces in order to ensure maximum rigidity, concentricity- and run-out accuracy despite the lightweight geometry.Read more
Indian industrial valves market to reach $4 bn by 2023: CII report
The valves market will witness a CAGR of 5.9% from 2018 to 2023, whereas the estimated CAGR for the actuators market in India will be 5.7% from 2018 to 2023.Read more
HVAC company Trane launches new DC inverter VRF System
The new series provides 26 per cent better efficiency compared to the conventional system and saves up to 30 per cent installation space.Read more