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Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%
ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more
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Perkins launches electronic diesel engine in India
The 4006 electronic engine, manufactured at the company’s Aurangabad facility, delivers 750 kVA prime electric power.Read more
HMS Industrial Networks acquires Germany’s Beck IPC
With IPC@CHIP technology, which is the core of Beck’s product offering for industrial OEMs, the company offers a compact embedded programmable platform solution in the form factor of a chipRead more
Dana to acquire Oerlikon’s drive systems biz for $ 600 mn
The acquisition optimises Dana’s global manufacturing presence to be closer to customers in key growth markets such as China and India, as well as the USRead more
Uno Minda buys Germany’s iSYS RTS to strengthen presence in auto electronics
With increasing electronic content in automotives, Minda Industries has identified electronic control modules as one of the major product line for growth and expansionRead more
Igus smart plastics increases plant safety, reduces maintenance costs
The new intelligent plastic solutions offer many options for predictive maintenanceRead more
FG Wilson all set to make a mark in Indian genset market
UK-based FG Wilson makes self-contained generator sets, which are easy to install & operate, and are designed for a long and productive working life.Read more
Sopan ties up with US-based Titan Oil to provide EOR solutions
With Indian government taking special interest in boosting production from mature & ageing fields, demand for eco-friendly enhanced oil recovery (EOR) solutions will increase in the countryRead more
Petroleum Minister Dharmendra Pradhan visits LAPP’s HQ in Germany
The Minister visited the office to learn more about the German vocational training system.Read more
Atlas Copco expands compressed air and nitrogen product ranges
It has launched several product innovations in compressed air and gases for the low, medium and high pressure marketsRead more