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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