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Indian industrial valves market to reach $4 bn by 2023

Indian actuators market, which was Rs 778.6 crore in 2017, is expected to witness a compound annual growth rate (CAGR) of close to 5.7 per cent from 2018 to 2023, says a CII report.Read more

Indian industrial valves market to reach $4 bn by 2023: CII report

The valves market will witness a CAGR of 5.9% from 2018 to 2023, whereas the estimated CAGR for the actuators market in India will be 5.7% from 2018 to 2023.Read more

Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%

ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more

TIL launches new cranes and reach stacker at EXCON 2017

TIL Limited actively participated as an associate sponsor at Excon 2017 – South Asia’s largest construction equipment exhibition. Partnering India's infrastructure growth since 1944, TIL Limited is one of the leading providers of a wide range of infrastructure equipment that represent some of the finest in global technologyRead more

Government's credit guarantee to reach Rs 500 billion under CGTMSE for FY19

With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 500 billion for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) schemeRead more

Indian adhesives market is likely to reach $ 1.5 bn by 2023

Muralidhar K Shenoy, Country & Commercial Director, Huntsman Advanced Materials Europe, Middle East, Africa & India Region, Huntsman Corporation. In this interaction, he discusses advantages of various types of adhesives and key demand drivers of the industry.Read more

Dr Nitin Joshi joins ALOK as Vice President-Technology

Leading masterbatch provider, ALOK has appointed Dr Nitin Joshi as Vice President-Technology. An IIT graduate and a Ph.D. holder from UDCT, Dr Joshi has an extensive 25 years of experience within product development, R&D, regulatory affairs and quality control.Read more

Global welding consumables market to reach $18.3 bn by 2023

Asia-Pacific is anticipated to grow at the highest rate, owing to the large number of ongoing and proposed energy projects in China and India, says Allied Market ResearchRead more

High performance plastic market to reach $ 6,979 million in 2021

The global high performance plastics market in the transportation industry was estimated to be $ 5,182 million in 2016 and this is projected to reach $ 6,979 million by 2021, growing at a CAGR of 6.1% during 2016-2021 on account of supportive government policies and regulations, growing usage of high performance plastics by automotive and aviation industries and rising demand for plastics (with higher temperature stability, chemical resistance and better mechanical properties) worldwide.Read more

NexGen gamification reaches the process industry for training purposes

Operator training can be both fun and efficient when done through gamification. Finnish company Neste Jacobs has launched a new game called NAPCON Games Distiller for operator training in the process industry. The game is the first one of a completely new generation of training games.Read more

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