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PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment
With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more
Piramal Glass to use blockchain technology for cross-border trade digitisation
Asia’s largest speciality glass manufacturer Piramal Glass will be using the #dltledgers blockchain platform as it prioritises the technology in 2021 to unlock hidden margins and efficiency through digital automation.Read more
igus presents 100 digital innovations in virtual trade show
The trade show is part of the digital support given to customers, whereby personal guided tours, person-to-person meetings and group meetings on the stand can be arranged. With this virtual trade show, igus aims to show visitors how high-performance polymers can be used to sustainably increase the service life of moving applications and also reduce costs.Read more
Toyota Material Handling redefines dealer engagement with Infosys Meridian
Infosys Meridian enables enterprises to evolve into a remote-first, hyper-productive anywhere workplace that deepens stakeholder engagement, streamlines work processes and enhances productivity.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
Budget 2021: Infra push to generate demand for manufacturing sector & MSMEs
By allocating Rs 5.54 trillion for infrastructure development, budget 2021-22 aims to generate demand for the manufacturing sector, especially MSMEs. Read, how companies are reacting to the budget. Read more
L&T Heavy Engineering flags off world’s heaviest LC-Max reactors ahead of schedule
These 3 super-heavy reactors weighing 2260 MT will help Hindustan Petroleum Corporation’s Visakh Refinery Modernization Project to convert the heaviest oils to high-quality BS-VI diesel, as well as increase feedstock and improve product flexibility.Read more
High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
For the first time India’s auto component exports exceed imports
The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more
First virtual IPF Industrial Excellence Forum to be held on Jan 15-16, 2021
With 4 Panel Discussions, more than 20 Speakers, 50 Exhibitors, over 30 Industry Awards and 1000+ Audience, “IPF Industrial Excellence Forum 2021†(Awards, Conferences and Exhibition) will bring key stakeholders on one stage - an ideal branding platform for companies.Read more