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PMFME Scheme aims to build two lakh micro food processing enterprises
This scheme aims to provide financial, technical and business assistance for upgradation of existing micro food processing enterprises.Read more
Auto component major BorgWarner aims to grow EV revenues to 45% by 2030
As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more
PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment
With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more
Energy savings by reducing pressure drop in compressed air systems
High pressure drop in the distribution system and the hoses, pipes, and joints can lead to a significant increase in energy consumption. In this article, Raajeshwar M K explains reasons for pressure drop and offers tips to reduce it and increase efficiency of the systems.Read more
Chicago Pneumatic India launches two permanent magnet motor compressors
These compressed air solutions - launched under CPMV & CPVS range - can be used in industry segments such as general engineering, manufacturing, grain sorter, pharmaceutical, steel, etc where pneumatic and screw compressor applications come into playRead more
BreatheEasy Consultants launches German-made IQAir Atem Car air purifier
Priced at Rs 43,900, IQAir Atem Car is a powerful, yet quiet and compact car air purifier. It can clean the air in the car up to 20 times per hour and capture a wide range of road and in-vehicle air pollutants.Read more
Toyota Material Handling redefines dealer engagement with Infosys Meridian
Infosys Meridian enables enterprises to evolve into a remote-first, hyper-productive anywhere workplace that deepens stakeholder engagement, streamlines work processes and enhances productivity.Read more
Budget 2021 aims to rationalise duties; proposes changes to benefit MSMEs
To benefit MSMEs, budget proposes to increase duty on steel screws, plastic builder wares and on certain auto parts. The budget 2021 proposes to review 400 old exemptions in the custom duty structure this year.Read more
High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
Proposed Indian Ports Bill, 2020 aims to attract investments and boost economic activity
Formulation of specialised tribunals, affordable grievance redressal mechanism and a dedicated tribunal to curb any anti-competitive practises in the port sector are some key reforms to empower exporters in the long run. Read more