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Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector
Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more
Beckhoff to showcase its PC-based control technology at Achema 2018
At Achema 2018, leading trade show for the process industries (June 11-15, Frankfurt, Germany), Beckhoff will present its open PC-based control technology for all vertical process industry markets.Read more
Industry 4.0 model could be achieved in a series of steps: Siemens report
A new research paper released by Siemens Financial Services (SFS) titled 'Practical Pathways to Industry 4.0' has identified six key challenges facing manufacturers in the process of moving to an Industry 4.0 model. The research paper also found that digital skills and access to finance for digital transformation are the top two challenges to a successful transition.Read more
Maharashtra offers easy access to skilled manpower
Germany-based Leadec provides technical services to automotive and manufacturing companies to make their production better and more efficient. Sudhir Gurtoo, Managing Director, Leadec India Pvt Ltd, has been instrumental in setting up the company in India in 2009. In conversation with IPF, he explains advantages offered by Maharashtra to manufacturing industry and how companies can improve efficiency.Read more
Tips to save energy in furnace operation in rolling mill
In this article, S P Shenoy shows how significant savings in fuel consumption can be achieved in a hot rolling mill by adopting a technique developed by an Indian company. The process involves improving thermal shock cracking resistance of refractory lining, emissivity enhancement, improved corrosion resistance and preventing carbon deposits on the burner blocks. Hot rolling involves plastic deformation of heated metals and alloys into flat products (slabs, plates) or long products (wire rods, Read more
Canadian Solar commissions a 35MWp open access solar project in India
Canadian Solar Inc., one of the world's largest solar power companies, announced that its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India reached commercial operation in March 2018.Read more
DENSO releases new safety monitor to reduce accidents involving CVs
DENSO Corporation, one of the world's largest automotive suppliers, announced that it has released a retrofittable driver status monitor to help reduce the number of traffic accidents involving commercial vehicles, such as trucks and buses.Read more
TDK acquires Faraday Semi LLC to bolster power solutions
TDK Corporation announced that it has acquired Faraday Semi LLC, a U.S.-based venture-backed company engaged in the design of advanced power semiconductor ICs. Faraday Semi is now a wholly owned subsidiary of TDK.Read more
Servokon starts stabiliser check-up camp in more than 25 cities
With the onset of summers and the increasing need to have effective power conditioning solutions for households across the country, Servokon has started a stabiliser check-up camp in more than 25 cities. A prominent name in the power conditioning sector across India, Servokon claims to be the company providing 100% genuine working range and 100% copper winding in its innovative stabilisers range. With so many brands in the market offering different kinds of products, a layman needs to have the rRead more
Govt assures action on ease of doing business in defence Sector
Ajay Kumar, Secretary (DP) has assured the industry that the Ministry of Defence was keen to align procurement and production and the recently constituted Defence Planning Committee chaired by the NSA will also undertake this issue.Read more