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Trane launches GEN Elite C Series VRF in Asia Pacific

Unlike traditional non-inverter systems, the advanced inverter technology and unique piping design of the CO VRF allow for continuous operation and precise temperature control, minimising temperature fluctuations.Read more

BASF opens a smart factory in China to produce thermoplastic polyurethane

The new plant is the largest single TPU production line for BASF globally. The smart factory is built with advanced technologies – including automated guided vehicles and advanced automation systems.Read more

ADF Foods targets revenue doubling every 3 yrs, eyes domestic growth

The company aims to capitalize on the increasing demand for pre-cooked food items in both international and domestic markets.Read more

Royal Enfield opens eastern warehouse in Kolkata to supply streamlined parts

The Asia Pacific region plays a substantial role, contributing 20% to Royal Enfield's overall exports.Read more

Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics

GreenLine, in its mission to pioneer sustainable freight transportation, is investing Rs 200 crore to deploy LNG-powered trucks for Hindustan Zinc's road logistics operations.Read more

United Grinding opens a subsidiary in Southeast Asia

The United Grinding Group has intensified its Southeast Asian business and established its own subsidiary in Singapore.Read more

India's growing economy set to outpace China temporarily: IMF

According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.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

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

Schaeffler appoints Alfred Lee as President Industrial Asia Pacific

The role will see Alfred spearhead the company’s growth across various industrial sectors in the Asia Pacific region, including two-wheelers, off-road, rail, aerospace, raw materials, industrial automation, power transmission, and wind.Read more

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