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Tata Steel launches fully automated Construction Service Centre in UP

The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more

GeM to implement penal interest for delayed payments by govt departments

Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more

India has moved up with two spots in machine tool production worldwide

Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more

Servotech has signed MoU with GoUP for EV charger manufacturing unit

… shares Raman Bhatia, Founder & Managing Director, Servotech Power Systems in this interview adding that the company has also established a subsidiary, Techbec Green Energy to enhance production operations.Read more

Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt

The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more

WIKA India inaugurates new force measurement production unit in Pune

The unit aims to amplify the production capability of the company and play pivotal role in the future technological advancements in WIKA’s products.Read more

Erisha E Mobility signs MoU with UP govt to invest 400 cr in EV charging hubs

Erisha E Mobility and government of Uttar Pradesh to invest $50 million towards the construction of 100 EV charging hubs in Gautam Buddha Nagar district of UP. Read more

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

Alstom won €54 mn order to install train control & signalling system Delhi MRTS Phase-IV

Alstom received a contact for €54 million to design, manufacture, supply, install, test, and commission train-control and signaling solution for Delhi MRTS Phase-IV Mukundpur – Maujpur (Line7 extention), and Aerocity – Tughlakabad Corridor (Line 10)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

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