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Igus develops a two-component injection-moulded plain bearing

New to the agricultural and construction machinery industry: with the new iglidur Q3E plain bearing, igus has - for the first time - managed to manufacture heavy-duty bearings made of two layers of high-performance plastic using a cost-effective injection-moulding process. Plastic-based, multi-layer structures previously required the winding process, which is more expensive for high volumes.Read more

Space startup investments surge in Q3 amid government contracts boom

Despite the typically sluggish nature of the July-September period, funding for 103 companies surged by 17% to reach $3 billion, according to the findings by venture capital firm Space Capital.Read more

Indian construction equipment industry up 23% in Q3 FY23

Indian Construction Equipment Manufacturers’ Association (ICEMA), apex association for Construction Equipment (CE) manufacturers in India announced its Q3 FY23 results with shows sales grew by 23 percent YoY growth with 27,817 units of Construction Equipment being sold.Read 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

COVID Impact: Machine tools industry may recover in Q3

The spread of COVID-19 has delivered a severe blow to the global economy. Due to the disruption caused by COVID 19 in the first half of the year, the recovery of the machinery industry has been delayedRead more

HPL Electric and Power grows 9 per cent in 9M on metering and lighting segment

The Central Government’s move to replace conventional meters with smart meters has propelled business for the company. Read more

Escorts Ltd. announces Q3 profits up by 9.2 per cent at Rs 153.1 crore

With new budget company will focus on agriculture and infrastructure segmentsRead more

Indian solar installations up by 44 per cent in Q3 2019: Mercom

Tamil Nadu was the top state for large-scale solar installations in Q3 2019Read more

Hind Rectifiers reports PAT of Rs 3.15 crore for Q3 FY19

The company’s net sales were up 135.09 per cent at Rs 68.53 croreRead more

Greaves Cotton reports revenue growth of 13 per cent for Q3 FY19

The company earned a revenue of Rs 506 crore and EBITDA grew by 14 per cent to Rs 71 crore for the current quarterRead more

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