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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
Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components
The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more
Detroit Engineered Products launches updated version of MeshWorks 2023
This latest version of product has numerous enhancements and performance improvements, as well as novel features that open up many possibilities for engineering simulation in design and analysis.Read more
Research: 35% of the value of industrial robots comes from servo motors
Based on five years of research into the global industrial robot market, Components in Industrial Robots market report will be released in June 2023.Read more
EMAG is a go-to Solution Provider for Indian Manufacturing, says MD
The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more
Igus sets up a new facility at Bengaluru, plans to invest 100 crore
Igus India plans to open new 84,000 sq ft integrated campus in Bangalore, Karnataka in 2023 with a target to achieve 500 crore combined sales revenue by 2025-26. Company also rolls out global programme “Enjoyneering” in India, advocating fun with innovation.Read more
L&T ropes in Green Energy stalwarts to form Green Energy Council
Larsen & Toubro formed a Green Energy Council to Bolster L&T's Resolute Commitment to Carbon Neutrality by 2040 and in line with company’s commitment to play a meaningful role in building India’s green energy future.Read more
Bearing sector is experiencing an upsurge in demand
In this interview with Rakesh Rao, Sanjeev Taparia, Chief Sales & Marketing Officer, National Engineering Industries Ltd, elaborates on strategies to be adopted by NEI as the company aims to more than double its sales by 2025.Read more
Flender reinvents itself at Hannover Messe 2023
Flender introduced Flender One gearbox to revolutionise the market. With Flender One, customers will receive a gear unit solution that is precisely tailored to their application and preventing waste while utilising the smallest drive concept possibleRead more
Fuji Electric India gets Great Place to Work certification
Great Place to Work Institute, a global authority on building, sustaining, and recognising high-trust, high-performance culture at workplaces, awards Fuji Electric India with its certificate for 2023-2024. It is the beginning of a new phase of growth and development, says top management.Read more