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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
Elgi unveils LD series intelligent reciprocating air compressor at INTEC 2022
: Intelligent XT controller levels out utilisation between the two compressed air units, reducing manual intervention. Read more
MTS launches two ready reckoners for engineering and plastic industries
Mangalmurty Techno Slides (MTS) is a very popular name among the mechanical engineering industries for their best seller product “Engineering slide charts”. Looking at the continuous demand from the industries and popularity of the charts, MTS has now introduced two books as ready reckoners - Engineering Data Book and Plastics and Elastomers Ready Reckoner.Read more
Process industries to drive demand for industrial pumps
Price variations in industrial pump components due to strong demand from end-user industries are expected to have a negative impact on capital investments, says a Grand View Research report.Read more
From old to new: igus is making e-chain recycling even easier
igus installation service will now have old energy chains collected.Read more
Hind High Vacuum bags Defence Ministry award for laser safety coatings
‘Certificate of Recognition’ for indigenised & innovative works on Laser Safety Coatings for the Defence Industry.Read more
Yokogawa receives order for water facility management system in Ethiopia
Yokogawa Electric Corporation's subsidiary Yokogawa Middle East & Africa has received an order for an integrated water facility monitoring and management system from the Addis Ababa Water and Sewerage Authority (AAWSA), which is responsible for the water supply and wastewater treatment systems that serve the Ethiopian capital city of Addis Ababa. Read more
Union MSME Ministry recognises 3i EXPO for subsidy for exhibitors
With this, exhibitors will be eligible for 80% subsidy under Procurement and Marketing Support (PMS) Scheme of the Ministry for buying space at IPF's 3i EXPO.Read more