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Nirmal K Minda appointed as president and Ram Venkataramani, as vice president for ACMA 2017-18
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, announced the appointment of Nirmal K Minda, Vice President, ACMA, as the president of ACMA and Ram Venkataramani as the vice president, ACMA for the term 2017-18.Read more
Indian lead acid battery market: Leading from the front
Automotive sector, smart cities, digital India program, shift towards data driven telecom services, etc will lead to surge in demand for lead acid batteries in India, says Karan Chechi. Lead acid battery market in India can be broadly divided into two categories: SLI lead acid batteries and stationary lead acid batteries.Read more
Surveillance to act as a catalyst for secure cities
Smart Cities Council India along with Western Digital, a leading global provider of storage solutions, co-hosted a Roundtable Conference on “Technology Modernization for Safer and Smarter Cities†in Mumbai, recently. The conference primarily aimed at discussing initiatives to fuel the growth of surveillance security in India, the challenges faced, and methods to address them.Read more
How can SMEs be big and effective?
Ranabir Chakraborty analyses the impact of GST on SMEs in lead acid battery industry and provides probable strategies for their survival. The Indian lead acid battery market, which is around Rs 35,000 crores per year market now, can be divided in to three groups - big players, next level and small players.Read more
OMRON to acquire US-based industrial code reader company, Microscan Systems
OMRON Corporation (Headquarters: Shimogyo-Ku, Kyoto; President and CEO: Yoshihito Yamada) recently announced that it has entered into an agreement with Spectris plc in the UK regarding its acquisition of the US-based subsidiary of Spectris, Microscan Systems, Inc. (Microscan Systems).Read more
OMRON to acquire US-based industrial code reader company Microscan Systems,
OMRON Corporation (Headquarters: Shimogyo-Ku, Kyoto; President and CEO: Yoshihito Yamada) recently announced that it has entered into an agreement with Spectris plc in the UK regarding its acquisition of the US-based subsidiary of Spectris, Microscan Systems, Inc. (Microscan Systems).Read more
ESPRIT delivers solutions for Industry 4.0 Smart Manufacturing
DP Technology is helping factories of the future prepare for the digital transformation that’s taking place in manufacturing, with solutions including digital twinning, digital threads, machine-aware manufacturing, knowledge-based machining and cloud-enabled databases. Read more
Ametek Land India's calibration laboratory secures best in class for NABL accreditation
The AMETEK Land calibration laboratory in India has been assessed and accredited against the ISO/IEC 17025:2015 standard in the field of calibration, as approved by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The laboratory secured the best calibration measurement capability of any laboratory in India for the 0 to 550°C range.Read more
LANXESS continues to expect record earnings for 2017 following strong second quarter
Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 per cent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals improved by around 25 per cent to EUR 367 million, compared with EUR 293 million in the prior-year quarter. Read more
Piramal Finance Limited accelerates its presence in the auto sector
Piramal Enterprises Limited, through its subsidiary Piramal Finance Limited, has financed INR 400 crore to Hema Engineering Industries Limited (Hema). Proceeds from this loan will be used to refinance existing term lenders and fund the company’s capex plans. The deal was made through Corporate Finance Group (CFG), erstwhile Structured Finance Group, of Piramal Finance Limited. Gurgaon based Hema Engineering is a 2 wheeler focused Tier-1 vendor of fabricated components to clients like HeroRead more