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We expect to receive 50% more orders in 2023-24

In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls Pvt Ltd, shares recent industry trends and the company growth plans.Read more

KISSsoft and RecurDyn hosts live session for e-drive design

The session presented a common and continuous solution to design, analyse and optimise the NVH (noise, vibration, and harshness) behaviour of a gearbox used in an e-drive system.Read more

Igus partners Mura Technology to set up chemical recycling plant

In Böhlen, Germany, up to 120,000 tonnes of plastic waste per year are to be recycled into oil.Read more

DEP receives patent for automated process for parametric modeling

This automated parametric modelling process generally includes an automated parametric process to build a parameterised computer-aided-engineering model from computer aided design (CAD).Read more

ECOlogical: Igus' plain bearings made from regranulated tribo-plastics

The sustainable iglidur ECO H, ECO P, ECO A180 and ECO G materials consist of regranulates and thus conserve resourcesRead more

Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area

Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more

Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics

The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more

India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22

With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more

SUHNER receives Best Managed Company Award from Deloitte

The group has been recognised as one of Switzerland’s Best Managed Companies 2022 by Deloitte.Read more

K U Sodalamuthu receives award from Engineering Export Promotion Council

K S Balamurugan, MD of K U Sodalamuthu, received the award from Basavaraj Bommai, Karnataka Chief Minister, at a recently held function in Bengaluru.Read more

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