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Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more
BMT turret & tool holder system will drive the future of CNC Machines
Incorporated in 1996, Sphoorti Machine Tools has emerged as one of India’s leading manufacturer of Tool Discs and Tool Holders for any CNC turning and CNC turn mill centres. In this interview, R K Purohit, Managing Director, Sphoorti Machine Tools shares the present status of the company by briefing on the new product developments and industry scenario.Read more
Rapid growth sparks innovation and expansion in global battery manufacturing
The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more
DRDO, L&T join hands for realisation of Indigenous AIP System for Indian Navy
Larsen & Toubro and DRDO under contract for realisation will work on Air Independent Propulsion (AIP) System Modules for Kalvari Class of Submarines of the Indian Navy.Read more
Avaada Energy gets LoI for 400 MW DC Solar Project from GUVNL
The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under green shoe option at a tariff of Rs 2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Read more
Mobile robot components market worth $7.4 billion by 2027
A report by Interact Analysis shows Mobile robot component market growth fueled by demand for order fulfillment robots where US currently dominates the mobile robot component market, but China is set to become a strong rival.Read more
L&T flags off reactors to Mexico’s second largest refinery
The Heavy Engineering arm of Larsen & Toubro, flagged off 5 nos. reactors for PEMEX’s Miguel Hidalgo (Tula) refinery in Mexico.Read more
Cobot market to see growth at 20% by 2023
A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more
L&T Construction wins orders to establish 380kV overhead power transmission lines
L&T Construction’s Power Transmission & Distribution (PT&D) Business wins EPC orders in India and overseas. The order won are to establish 80kV overhead power transmission lines in Kingdom of Saudi Arabia and Gujarat’s southern region.Read more
Trane Technologies outlines transition plan to achieve net-zero targets by 2050
Trane Technologies revealed latest ESG report which debuts net-zero roadmap and highlights significant progress on its 2030.Read more