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Lokesh Machines sets up factory to make defence, aerospace components in Hyderabad

Machine tool manufacturer, Lokesh Machines is spending more than Rs 100 crore to build a greenfield facility at Hyderabad to manufacture firearms and its accessories.Read more

Ashok Leyland sets up all-women production line at Hosur

To promote women empowerment and attract women towards manufacturing, flagship company of Hinduja Group, Ashok Leyland set up an all-women production line at its Hosur plant in Tamil Nadu.Read more

BPE deploys power critical equipment in 40+ healthcares across India

BPE (Best Power Equipments) announced that it has spread and installed more than 120 power backup solutions. The company has deployed UPS series EPX and GTX UPS in Zydus Healthcare Limited, Cadila Pharma, Medanta hospital and Acculife Limited (Nirma Group).Read more

Industrial and warehousing demand up by 8% in India: Colliers

Colliers International recent report shows increase in industrial and warehousing demand in top five cities in Indian in 2022. Delhi-NCR leads demand with a 36 per cent share, followed by Pune at a 23 per cent with third-party logistics players being at the top occupier of warehousing space with a vigorous demand engineering and electronics players as well. Read more

ONDC will democratise and revolutionise digital commerce in India

In this interview with Rakesh Rao, T Koshy, MD & CEO, Open Network for Digital Commerce (ONDC), elaborates on the roadmap for ONDC and how it will change the digital commerce landscape in India (and probably globally).Read more

Indian construction equipment industry up 23% in Q3 FY23

Indian Construction Equipment Manufacturers’ Association (ICEMA), apex association for Construction Equipment (CE) manufacturers in India announced its Q3 FY23 results with shows sales grew by 23 percent YoY growth with 27,817 units of Construction Equipment being sold.Read more

Budget 2023: Revving up manufacturing with duty revisions and capex boost

By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more

Five factors that stand critical while upgrading air compressor

Compressor manufacturers upgrade air compressors every 3-4 years to enhance energy efficiency, reliability, and add new features, says Karthik Srinivasan.Read more

Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23

Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more

Gearing up for Kumbha Mela of machine tools, IMTEX 2023

The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more

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