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Industrialisation & automation fostering use of industrial robots
Surge in labour charges worldwide, which in turn has enforced manufacturers to replace human labour with machines, is one of the major demand drivers for industrial robots, says an Allied Market Research report.Read more
Danfoss India recognises excellence in the Indian Cold Chain industry
Danfoss India, in association with Global Cold Chain Alliance (GCCA) India, presented the 9th edition of the Danfoss-Indian Cold Chain (ICE) Awards to players involved at various levels in the Indian cold chain industry for their remarkable contributions to the sector. These awardees have been integral to realising the Indian Government’s vision to transform India as the food factory of the world.Read more
TCS collaborates with Zebra Technologies on new global development center
Tata Consultancy Services, a leading global IT services, consulting and business solutions organisation, announced the introduction of a TCS global development center based in Hyderabad, to provide operational efficiencies and an enhanced customer experience for Zebra Technologies, the market leader in tracking technology and solutions that generate actionable information and insight.Read more
Total corporate funding in global solar sector comes to USD 7.1 bn in first nine months of 2017, reports Mercom Capital Group
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released a new report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2017 and the first nine months of 2017.Read more
LANXESS to consolidate global production of lubricant precursors
Specialty chemicals company LANXESS intends to cease production at its Ankerweg site in Amsterdam, Netherlands, where it produces base oils for industrial lubricants. Operations shall be terminated latest in November 2018.Read more
Geofencing market to grow at 27.5% CAGR to 2022
The global geofencing market size is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022 at a CAGR of 27.5% driven by the technological advancementsRead more
Sterling and Wilson launches the revolutionary IAQURE in its HVAC offerings
Sterling and Wilson, a leading Global MEP company, announced the launch of their revolutionary solution – IAQURE, which is bound to change the face of indoor air quality in India.Read more
ATEN International accelerates growth, with opening of new office in India
ATEN International, the leading provider of IT connectivity and total management solutions, expects 30% growth in this fiscal year ending December 31st, 2017 from its India and South Asia markets.Read more
Escorts unveils India’s first electric tractor concept and global tractor series
Escorts Ltd, India’s leading engineering conglomerate launched India’s first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under flagship brands Farmtrac and Powertrac compliant with tier 4 emission norms of Europe and America amidst 43 International distributors.Read more
US-based Cummins' Pune R&D centre to be part of global research network
The US-headquartered engine specialist Cummins Inc is setting up a R&D centre in Pune to cater to not just Indian customers but also the global market. The centre, which will be second largest R&D facility for the company outside the US, will involve investment of Rs 1000-1500 crores over a period of three years. Read more