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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
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