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Elgi Equipments acquires Australia’s Pulford Air & Gas
Elgi Equipments, one of India’s leading air-compressor manufacturers, has forayed into the Australian market with the acquisition of F R Pulford & Son Pty Limited along with its wholly owned subsidiary Advanced Air Compressors Pty Ltd, doing business as Pulford Air and Gas (Pulford), based in Sydney. Read more
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ABB Control Technologies and Actemium ink global cooperation pact
ABB Control Technologies, the market leader in distributed control systems (DCS), and Actemium, the VINCI Energies brand dedicated to industry and worldwide major player in industrial processes,Read more
Toyota Kirloskar Auto Parts wins IMTMA-ACE Micromatic award
The company’s case study bagged the first prize, which was awarded during 12th National Productivity Summit of Indian Machine Tool Manufacturers’ Association (IMTMA) held in Chennai Read more
ACMA’s annual session mulls over the future of Indian auto component industry
The auto component association also released a study, conducted by McKinsey & Co, on the theme of “Auto component industry in India: Preparing for the future†on the occasionRead more
ACMA appoints Ram Venkataramani as President
Deepak Jain, Managing Director, Lumax Industries Ltd, has been appointed as Vice President of Automotive Component Manufacturers Association of India (ACMA) for 2018-19Read more
IMTMA hosts 12th National Productivity Summit in Chennai
The summit showcased competitiveness and sustainable growth in manufacturing as Industry 4.0 adoption scales up across IndiaRead more
“India holds an important position for Henkelâ€Â
Germany-based Henkel is one of the leading solution providers for adhesives, sealants and functional coatings worldwide. With sectors such as auto, packaging, aviation, construction, etc booming, the demand for adhesives is expected to increase manifold.Read more
SB Energy to deploy 2,000 Ecoppia robots for cleaning PV solar panels
Ecoppia, the Israel-based provider of robotic, water-free photovoltaic solar panel cleaning solutions, has entered into an agreement with SB Energy, a wholly-owned subsidiary of SoftBank Group Corp, to deploy two thousand robots across its five sites in Bhadla Phase III & IV Solar Park Project in Rajasthan. Read more
Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%
ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more
Air-compressor major Elgi Equipments acquires Australia’s Pulford Air & Gas
Acquisition is a part of Elgi Equipments’ business mission to becoming a leading player in the global air-compressor business by 2027Read more