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Industry in upbeat mood at Hannover Messe 2023
At Hannover Messe 2023, mood was upbeat with more than 4,000 exhibitors presenting their solutions for a digital, connected, sustainable industry, and welcoming 130,000 visitors from around the globe. The next Hannover Messe will be hosted from April 22-26, 2024.Read more
WEMO expands market presence in India with Amit Upreti as VP Business Development
Amit Upreti joined Netherlands-based company, WEMO Special Projects in February, 2023. The company announced in a statement that the appointment of Upreti as Vice President Business Development in WEMO has brought a good growth for the company in Indian market. Read more
INOX Air Products joins hands with TP Saurya Bandita for setting up captive solar plant
INOX Air Products and TP Saurya Bandita, a special purpose vehicle of Tata Power Renewable Energy are to stet up solar power project with a capacity of a 40MWp in Dhule which will supply power to all INOXAP ASUs in Maharashtra.Read more
Godrej Capital launches Nirmaan, a digital platform for MSMEs
Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future.Read more
Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
RINL aims to manufacture 55,000 forged wheels, sets up a new factory in UP
Rashtriya Ispat Nigam also known as Vizag Steel, aims to produce 55,000 wheels this fiscal year. With the capacity to produce one lakh forged wheels annually, the company also sets up a factory in Lalganj, Uttar Pradesh to manufacture forged wheels. Read more
Ashok Leyland sets up an All-Women production line at Hosur
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, launched a new - “All Women production Line” with 100 per cent women employees at the Hosur plant.Read more
Fuji Electric wants to provide made-in-India products with Japanese technology
Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more
India will end up with a good engineering exports figure in FY23
In this interview, Arun Kumar Garodia, Chairman, EEPC India, elaborates on the prevailing global merchandise trade business and growth prospects for Indian engineering goods sector.Read more
Elecon Engineering launches upgraded industrial gearbox New EON, at Gurugram
One of largest industrial gears manufacturers, Elecon Engineering Company Limited (Elecon) launched the latest addition to the already popular range of gearboxes ‘New EON’ at an event at The Oberoi, Gurugram. Company also plans to open local swift centers to enhance customer services.Read more