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Soma Specialities is looking to double its revenues in 2-3 years

Soma Specialities, a pioneer in introducing mechanised floor cleaning and floor maintenance systems in India, has been into the business for more than four decades. In this interview, Samir Sabu, Director, Soma Specialities, shares USPs of the products and the company's strategy to grow 25-30 per cent annually.Read more

Apex Precision unveils eco-friendly mist cleaner at IMTEX 2023

Distributor for THK Global in India, Apex Precision Mechatronix launched planetary roller screw - an alternative to ball screw for applications where heavy load needs to be transmitted at IMTEX 2023Read more

ABB India achieves 82 % reduction in Scope 1 & Scope 2 GHG emissions

The tech company, ABB India announced 81.6 per cent reduction in scope 1 and scope 2 Greenhouse Gas (GHG) emissions versus its 2019 baseline across all five locations in India. With its investments into renewable energy sources and RE100 (renewable electricity) realisation, it also enhanced its water recyclability by approximately 12 per cent.Read more

Budget 2023: Will 'green growth' energise equipment demand?

Identifying green growth as one of the seven priorities of this year’s budget, Finance Minister Nirmala Sitharaman has announced a slew of measures to achieve energy transition and net zero objectives. But, will these generate demand for equipment and solutions in the country? Let's hear from the industry leaders.Read more

At ELECRAMA 2023, APAR will highlight its focus on sustainability

In this conversation with Rakesh Rao, Shashi Amin, CEO, Cables Solutions, APAR Industries Ltd, elaborates on demand trends in the industry and steps taken by the company to propel the cause of sustainabilityRead more

Budget 2023: The manufacturing fine print

Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more

Indonesian President Joko Widodo to attend Hannover Messe

Indonesia is this year’s partner country at Hannover Messe, GermanyRead more

Budget proposes Rs 90 bn for revamped credit guarantee scheme to MSMEs

The announcement that the Government will bring another dispute resolution scheme under Vivad Se Vishwas-II to settle commercial disputes will help MSME and trade resolve their issue urgently.Read more

Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23

The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more

Schneider Electric urges companies to invest in sustainable technologies

Most companies planning to spend less than 2 per cent of their revenues on sustainable initiatives and decarbonisation, revealed a report by Schneider Electric. The issue also formed a backdrop for discussion at Word Economic Forum’s annual meeting.Read more

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