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Pump manufacturers in Coimbatore hike prices by 15 per cent
The price hike is due to the rise of raw material and spare parts prices which government was unable to control. Given that the demand is high in the industry for material supplies the industry is experiencing a tough time. Read more
Schmersal India decides to move towards railway and defence
While industries are battling to equalise their business to pre-Covid levels, companies are working out strategy to open more avenues to expand their business. In this Video Interaction with Pushkar Oak, Sagar Bhosale, MD, Schmersal India delves into safety gaining prominence in switchgears using new age technologies and Schmersal’s coping mechanism to sustain Covid impact.Read more
Polymer telescopic guide from igus saves 64 per cent weight
The first telescopic guide is completely made of high-performance polymer. Compared to the drylin NT-35 telescopic rail, it is 64 per cent lighter with the same extension length.Read more
Kirloskar Brothers supplies fire-fighting pump sets for Atal Tunnel project
FM approved & UL listed fire-fighting pump sets of Kirloskar Brothers Limited (KBL) are deployed along the 9-km Atal Tunnel, which is the world’s longest motorable tunnel that connects Manali to LehRead more
PLI scheme for bulk drugs and medical devices receives 243 applications
Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more
IESA lauds new PLI Scheme allocating Rs 18, 100 cr for Advanced Chemistry Cell
IESA has been actively working in this space for the past three years, collating information from industry players (IESA member companies) and submitting inputs on the discussion for Advanced Battery Manufacturing in India.Read more
Best Power Equipments (BPE) expands production capacity acquiring facility in Noida
The company has recently commenced the production of UPS from 600 VA to 1.2 MVA, Smart rack solution & Solar inverters due to robust sales from varied industries such as Healthcare, Data Centers, Banking etc.Read more
Continental India celebrates production of 50 mn wheel speed sensors
The localisation efforts substantially benefited from the safety regulations introduced in April 2019 - mandating Anti-lock Braking System (ABS) in all the passenger cars and 2-Wheelers upwards of 125 CC caused a spike in demand for wheel speed sensors.Read more
October exports show degrowth of 5.4 per cent due to supply challenges: FIEO
FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more
Extend PLI scheme to MSMEs to boost electronic manufacturing in India: Study
According to a research study of MVIRDC World Trade Center Mumbai, government should reduce the investment limit under the PLI scheme for select electronic components to Rs 200 million from Rs 1,000 million to allow MSMEs to participate in this scheme. Read more