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“BorgWarner will penetrate into the passenger vehicle segmentâ€Â
Electric mobility in India has already entered 2- and 3- wheeler space and is now gaining traction in the light and medium-duty commercial vehicles. Shawn Li, Vice President & General Manager Asia, BorgWarner PowerDrive Systems, in an interaction with Pushkar Oak, deliberates on the growth of commercial vehicles in e-mobility space.Read more
Danfoss merges heating & cooling verticals to form Climate Solutions segment
Danish firm announces Climate Solutions India team. Anuraaga Chandra, who previously led Danfoss Cooling Sales will now be Head India Sales for Danfoss Climate Solutions and will report to Ravichandran Purushothaman, President – Danfoss India Read more
COSMOS to set up technology park for Indian machine tools industry in Vadodara
The technology park - to be built with an investment of Rs 100 crore, will have the various plants producing key components to manufacture CNC machine tools.Read more
Government mulls on making Scrap Recycling an organised sector
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more
Amitabh Kant: Need to mobilise capital and finance for EV infrastructure
With a view to address these challenges, NITI Aayog and RMI have identified a toolkit of 10 solutions that financial institutions such as banks and non-banking financial companies (NBFCs), as well as the industry and government can adopt in catalysing the required capital.Read more
Ola races to build the world’s largest 2 wheeler mega factory
OLA has completed land acquisition in January this year. An estimated more than 10 million man-hours have been planned to bring the factory up in record time. Read more
Schneider Electric extends 3-phase Easy UPS 3L from 250 kVA to 600 kVA
Ideal for medium and large commercial buildings and light industrial applications, Easy UPS 3L now extends from 250 to 600 kVA with new 250, 300, and 400 kVA UPSsRead more
Bharat Forge and Paramount Group to manufacture armoured vehicles in India
Both the companies signed an agreement during the International Defence Expo (IDEX 2021), Abu Dhabi.Read more
SCHUNK develops quick change pallet system for AM applications
The module can also be used for works in an inert gas atmosphere and it can be operated with this gas. The VERO-S NSE AM mini 78-20 can be fully integrated into the machine table and can be combined with further modules.Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more