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IDC MarketScape names Siemens a Manufacturing Execution System Leader for 2023

Siemens is the only company to be named as a Leader across all 5 Manufacturing Execution Systems (MES) IDC MarketScape reports for 2023Read more

Production Linked Incentive: Boon for the Medical Devices Industry in India

India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.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

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

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

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more

ABB India automates first India-Bangladesh cross-border oil pipeline

ABB India has supplied Numaligarh Refinery Limited with integrated automation and control solutions to monitor and manage a 130 km cross-border oil pipeline between India and Bangladesh. The project scope includes installing ABB Ability SCADAvantage, Remote Terminal Units (RTU), and a leak detection systemRead more

Schaeffler elevates Vijay Chaudhury as Director of Communications & Marketing for Asia Pacific region

German manufacturer of rolling element bearings, Schaeffler has appointed Vijay Chaudhury as Director of Communications & Marketing – Asia Pacific. Chaudhury was previously serving Head of Communications and Marketing for India, and Head of Press and Media Relations – Asia Pacific positions in the company.Read more

Best Power Equipments appoints Sushil Virmani as managing director

BPE (Best Power Equipments) has appointed Sushil Virmani as the Managing Director of BPE. Founder and Group Managing Director, Amitansu Satpathy welcomed Virmani saying that he look forward to a new golden period under his leadership at BPE.Read more

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