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Tata Technologies signs MoU with TiHAN-IIT Hyderabad for SDVs, ADAS systems
Tata Technologies has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS).Read more
Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23
The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more
Annual ARC Industry Forum Asia is driving sustainability, energy transition
The Annual ARC Industry Forum Asia is organised by ARC Advisory Group in two forums this year. The event will take place in Tokyo, Japan on June 20 and Bangalore, India on July 12 to 13. Industrial Product Finder will be one of the media sponsor at the event. Read more
Daimler India Commercial Vehicles shows strong revenue and sales in 2022
Daimler India Commercial Vehicles achieved sales volume growth of 25 per cent in 2022 with total 29,470 vehicle sales. 200,000 cumulative vehicles produced in Oragadam plant, with highest-ever vehicle exports, parts sales and domestic sales in the year. Read more
Matrix with Space Office Systems redefines security, telecom landscape at Matrix Partner Connect
Matrix is a leader in providing Security and Telecom solutions. In a partnership with Space Office Systems Private Limited, it showcased comprehensive line of security and telecom products at Matrix Partner Connect at Mumbai on April 28.Read more
HM23: Engineering green growth
HM23: Engineering green growthRead more
L&T Construction wins power transmission projects in Indian and overseas market
L&T Construction bags order under Results-linked Distribution Sector Scheme (RDSS) in the western part of Rajasthan and Chennai in India. The PT&D business has also won an order to supply, construct, test, and commission a 132kV substation in the United Arab Emirates.Read more
AI startup, Cognecto raised Rs 4 Cr in a seed round led by Inflection Point Ventures
Indian company, Cognecto raised investment in the seed round by Inflection Point Ventures. It aims to uniquely combine IoT, AI-driven operational analytics, and managed services to unlock a new level of efficiency in Heavy Equipment. The startup was also named one of the most innovative startups by IIT Delhi in 2023.Read more
Vitesco Technologies’ plants offers intelligent and sustainable production
German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more
Global manufacturing growth to slow down, CAGR of 3% to 2027
A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more