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Hitachi Energy to help speed up electrification of Indian Railways
The technology and market leader in power grids will deliver its transformers to Indian Railways, which aims to become a net zero carbon emitter by 2030Read more
Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22
According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more
Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth
Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more
Construction equipment sales in India drops by 23% in Q3 FY22: ICEMA
The construction equipment sales suffered on account of multiple factors, the most noteworthy being the significant slowdown in road construction activity, according to the Indian Construction Equipment Manufacturers Association (ICEMA).Read more
Grundfos unveils large range of CR pumps in India
Grundfos, one of the leading global players in the pumps and water solutions segment, has launched its new generation of large CR pumps in India.Read more
Ingersoll Rand celebrate its 100 years in India
Ingersoll Rand India, a leader in mission-critical flow creation and industrial technologies, kicked-off its centennial celebrations with the launch of its solar plant at Naroda, Gujarat. Read more
Kirloskar Brothers wins India’s Most Ethical Company award
The pump maker has won the CMO Asia’s award in the ‘Ethical Company in Industrial Manufacturing’ categoryRead more
Tata Motors to set up vehicle scrapping facility in Maharashtra
Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more
Continental achieves production milestone of 1 mn airbag control units
Continental’s Bengaluru plant reached a milestone for producing one million Airbag Control Units (ACUs), a landmark achieved in a single calendar year. Read more
ABB India wins Frost & Sullivan India awards in two categories
ABB India won the Gold Award for Manufacturing excellence in the Engineering Sector - Large Business, and is among the top three in the Smart Factory Awards.Read more