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The changing dynamics of material handling market
In spite of robust industry growth, number of modern material handling equipment (MHE) sold in India (especially the modern equipment) are very small compared to developed countries. This presents huge opportunities for MHE makers who can provide cost-effective, high-quality innovative solutions to the end-user industries, says Rakesh Rao. Read more
KEC International bags orders worth Rs 1,108 cr
The company's railways business has secured its maiden order in the Train Collision Avoidance System (TCAS) segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.Read more
India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
Rising input cost posing challenge to forging industry
The first half of the year was the most difficult for most forging companies, particularly those in the small and medium segment (SMEs), which are expected to witness a 50% decline in production in FY23, writes Association of Indian Forging Industry (AIFI). Read more
Top 5 technologies shaping the future of manufacturing
With productivity becoming critical to the success of a manufacturing plant, individual manufacturers are expected to make significant investments in these technologies. Frans Van Niekerk shares five technological interventions that are driving growth in the manufacturing industry.Read more
Smart, green features gaining traction in HVAC market
The integration of advanced technologies such as Internet of Things (IoT) and need for eco-friendly features is also offering significant growth opportunities to the Indian HVAC market.Read more
India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
Leuze offers IO-Link via modular principle
The new IO-Link function modules from Leuze simplify the integration of device data into PLC programs. This saves the users time and enables error-free installation.Read more
Forging and component units to see 60% decline due to EV push: AIFI
While petrol/diesel run internal combustion engine (ICE) in automobiles contain around 2,000 moving parts, electric vehicles have only 20. Thus, rising in EV consumption will have negative impact on component & forging industries.Read more
CPP installs tallest FRP stack liner for thermal power plant
Tackling emissions from the thermal power sector in India is an important priority for achieving India’s energy transition goalsRead more