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Global manufacturing growth to slow down, CAGR of 3% to 2027
A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more
Igus finances Plastic Fischer's initiative of collecting plastic waste in Indian rivers
A non-profit company, Plastic Fischer is working since 2021 to fight marine pollution and protect marine biodiversity. Its river-cleaning initiatives are supported by companies such as igus in Cologne, which is financing the collection of altogether 10,000 kilogrammes of plastic waste.Read more
Croda India to invest Rs 500 crore in a greenfield manufacturing plant at Dahej
Croda India inaugurates greenfield manufacturing plant at Dahej, Gujarat with an investment of Rs 500 crore in the first phase. The new facility will increase Croda’s capacity to serve rising regional consumption of its Consumer Care products and growing opportunities in Pharma and Crop Care.Read more
Mahindra Research Valley at the forefront of automotive technology
Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more
Production for new ZF automotive software, cubiX begins
German company, ZF Friedrichshafen started production of its automotive software, cubiX with intelligent networking of all chassis systems for optimally controlled longitudinal, lateral and vertical dynamics. Lotus Eletre electric SUV becomes the world's first production vehicle with the new ZF software.Read more
Essar launches EET to invest $3.6 billion in energy transition in the UK and India
Essar Group announced the formation of Essar Energy Transition (EET) with $2.4 billion investment in blue and green hydrogen, ammonia, biofuels, and decarbonisation of refinery in the UK to reduce industrial emissions in North West England. With this company is to invest $1.2 billion investment in India as well.Read more
We are looking at three-fold growth to meet global & domestic needs
Electronic Relays India, solid state relays manufacturers located in Banglore are launching system monitoring SSR and I/O controllers at Elecram 2023. Madhav Badsheshi, DGM, Business Development, Electronic Relays India in this interview reveals the other product and growth plans of the company. Read more
Gandhi Automations provides fire-rated rolling shutters
Fire rated rolling shutters providing fire solutions with features like auto-closing mechanism and sturdy constructions, proper installation and maintenance is necessary to ensure the proper usage of the product.Read more
Enerpac unveils SBL600 hydraulic gantry system
SBL600 lifting height of 10.6 m allows users to perform heavy lifts to a greater height compared to other gantries in this category. Read more
Safex Chemicals buys UK-based Briar Chemicals
Agro-chemical firm Safex Chemicals India Ltd has acquired the UK-based Briar Chemicals for £ 73 million from pan-European alternative investment firm AureliuS Equity Opportunities.Read more
