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PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra

Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more

Yamaha Motor to accept orders for its new Hyper-EV Motor from this month

Company has also newly developed a unit boasting a maximum output in the 350 kW class (operating voltage of 800V) intended for installation and use in hyper-EVs and other high output applications.Read more

BTL EPC bags BHEL’s Rs 170 cr order for coal handling plant in West Bengal

For the project, Shrachi Group’s BTL EPC Ltd has already tied up with Swedish company Rexroth for hydraulic motor and L&T for ring granulator and roller screenRead more

Chicago Pneumatic India launches two permanent magnet motor compressors

These compressed air solutions - launched under CPMV & CPVS range - can be used in industry segments such as general engineering, manufacturing, grain sorter, pharmaceutical, steel, etc where pneumatic and screw compressor applications come into playRead more

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

CG Power and Industrial Solutions unveils 7th motor manufacturing facility for Smart LV Motors

The new facility will manufacture Smart Electric Motors from 75 kW to 1000 kW.Read more

ABB launches new series of high-output motors in India

Thee new motors reinforces company's commitment to offer greater flexibility for specific customer requirements and most demanding environments and applications.Read more

Godrej Material Handling and Greendzine launch motorised order-picking trolley

This strategic alliance to launch MOPTro (a motorised order-picking trolley) is in line with Godrej Material Handling’s vision of improving intra-warehousing logistics and supply chain.Read more

Kirloskar Brothers launches SP Coupled pump-set for effluent treatment plants

The energy-efficient SP coupled pump-set fitted with IE4 motor has a lower life cycle and operating cost. It consumes up to 14% less energy for pumping the same amount of fluid. These are ready-to-use pumps designed for effluent treatment plants and dewatering applicationsRead more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

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