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Hyundai Motor India exchanges MoU with TN govt, planning to invest Rs 20,000 Cr
Hyundai Motor India Limited (HMIL) is planning for a long-term investment in the state of Tamil Nadu for over the period of 10 years (2023 to 2032) with a plan to increase production volumes and introduce new electric vehicle models. Read more
ABB’s new facility for energy efficient drives has over 50% women technicians
ABB India, the technology leader in electrification and automation opened an enhanced facility strengthens local manufacturing to meet domestic and global demands for variable speed drives which can typically reduce power consumption by up to 25 per cent.Read more
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
Annual ARC Industry Forum Asia is driving sustainability, energy transition
The Annual ARC Industry Forum Asia is organised by ARC Advisory Group in two forums this year. The event will take place in Tokyo, Japan on June 20 and Bangalore, India on July 12 to 13. Industrial Product Finder will be one of the media sponsor at the event. Read more
ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth
Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more
Godrej & Boyce launches India’s first-ever Safety App ‘i-Report’ for Material Handling Operations
Godrej Group’s Godrej RenTRUST is India’s largest rental equipment provider investing significantly to promote safety on the shop floor and warehouses. On 33rd Safety Foundation Day celebration, the company launched i-Report app which is equipped with over 1000 trained operators stationed at more than 200 locations.Read more
Plexconnect 2023 foresees 380 international buyers from over 63 countries
The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.Read more
Daimler India Commercial Vehicles shows strong revenue and sales in 2022
Daimler India Commercial Vehicles achieved sales volume growth of 25 per cent in 2022 with total 29,470 vehicle sales. 200,000 cumulative vehicles produced in Oragadam plant, with highest-ever vehicle exports, parts sales and domestic sales in the year. Read more
Brakes India forays into lubricants with the all-new brand Revia
Brakes India entered into lubricants segment with a new brand named Revia. The engine oils will cater to both passenger car and commercial vehicle segments.Read more
HM23: Engineering green growth
HM23: Engineering green growthRead more