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Schneider Electric inaugurates new factory at Prospace Industrial Park, Kolkata
Schneider Electric organized the ground breaking ceremony for its new factory Prospace Industrial Park in Kolkata. With the investment of Rs 140 crore the state-of-the-art factory aims strengthen the capacity in producing products such as Vacuum Interrupters (VI).Read more
Schaeffler India appoints Seshan Iyer as President of Industrial business
Schaeffler India, industrial and automotive supplier has appointed Seshan Iyer as President - Industrial India today on April 20. Iyer will be based at Schaeffler’s India corporate office in Pune.Read more
Klüber Lubrication, a brand of Freudenberg at India Steel Expo 2023
Klüber Lubrication, specialty lubricants manufacturer offers reliable operations in extreme conditions and high productivity lubrication solutions for the steel industry at India Steel Expo 2023 in Mumbai. Read more
LAPP India inaugurates new ÖLFLEX CONNECT plant in Coimbatore
LAPP India, a leader in cable and connection technology has launched their fifth ÖLFLEX CONNECT plant in Coimbatore, Tamil Nadu. This newly opened plant is 16,000 sq ft in area.Read more
Schneider Electric appoints Deepak Sharma as Zone President Greater India, MD & CEO, SEIPL
Schneider Electric has appointed Deepak Sharma as the new Zone President – Greater India and MD & CEO, SEIPL effective May 1, 2023. He will be taking over this role from Anil Chaudhry, who held the position for more than years.Read more
Croda India to invest Rs 500 crore in a greenfield manufacturing plant at Dahej
Croda India inaugurates greenfield manufacturing plant at Dahej, Gujarat with an investment of Rs 500 crore in the first phase. The new facility will increase Croda’s capacity to serve rising regional consumption of its Consumer Care products and growing opportunities in Pharma and Crop Care.Read more
Festo continues on course for growth and innovation
The Festo Group achieved double-digit growth for another year in a row with a rise in sales by 13.4 per cent to €3.81 billion in 2022 (previous year €3.36 billion). Innovative automation is the enabler for the industrial transformation towards renewable energies, sustainable production, hydrogen and circular economy.Read more
WIKA India tunes in solar power for all its factories
The global market leader in pressure, temperature, level, force, and flow measurement, WIKA India notifies the installation of solar panels for its Ghaziabad factory. This step will make all four factories of the company, across India, solar power enabled.Read more
Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO
Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more
Brookfield making sustainable energy investment for $1 bn in Avaada Ventures
A formal agreement was signed recently between Canadian investor Brookfield and serial entrepreneur Vineet Mittal, founder of the Avaada group to invest into country biggest sustainable energy investment, told people aware on the topic demanding anonymity.Read more