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Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu

The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.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

Godrej Capital launches Nirmaan, a digital platform for MSMEs

Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future.Read more

Ecolab joins Microsoft to showcase sustainability solutions at Hannover Messe

Ecolab is a global sustainability leader offering water, hygiene and infection prevention solutions. Ahead of Hannover Messe, 2023, it has announced an enhanced collaboration with Microsoft to feature technologies that help companies progress toward their sustainability goals.Read more

General Motors honours Sundram Fasteners with Supplier of the Year award

Sundram Fasteners Limited (SFL) receives the recognition for the 10th time as ‘Supplier of the Year’ from General Motors (GM). SFL supplies key products to GM, including transmission shafts, radiator caps, pumps & assemblies and others. Read more

Addverb Technologies reinforces its global position as pioneers in human-robot collaboration

Addverb, a leading robotic company from India is rebranding its logo and coming out with a new identity. The new branding builds on the company’s ability to deliver innovative automation solutions using human-robot collaboration.Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

Factories of the Future

According to the recently released “State of Smart Manufacturing” report by Rockwell Automation, India has the highest number of manufacturing organisations investing in technology. The study surveyed more than 1,350 manufacturers across 13 leading manufacturing countries including India, China, Germany, Japan, the US, and the UK.Read more

India embedding sustainability in manufacturing to become a global hub

With India becoming the large manufacturing hub, the question of sustainability stands a big doubt on country’s capability. P Kaniappan suggests that inclusion of sustainable practices in manufacturing operations will help India reach the pinnacle of developments.Read more

Tecumseh under Masterflux brand will roll out products for EV segment

North America-based Tecumseh Products Company is a global manufacturer of cooling solutions. For more than 25 years the company has been operating in India with the subsidiary named Tecumseh Products India (TPI). Sandeep Chaudhry, Managing Director, Tecumseh Products India, in the interview shares how the sustainability and energy efficiency is evolving the opportunities in India and what role Tecumseh is playing in it.Read more

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