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Frost & Sullivan: Global industrial robotics market to $38.3 bn in 2024
Despite COVID 19 pandemic and uncertainty in the automotive business, robotics market to growth at 12.2% CAGR during 2020-2024 period, driven mainly by pharmaceuticals, food & beverage (F&B) and electrical & electronics sectors, says Frost & Sullivan.Read more
Sohinder Gill: A lot more needs to be done to achieve FAME II target
Timely intervention by the government in a form of policy change is required to fuel the growth, believes Gill. Read more
Ministry of Heavy Industry extends validity of FAME II certification
This measure would enable FAME II eligibility certificate of electric models valid for 1 year from each of the model’s last date of certification instead of earlier case of validity which was FY wise.Read more
Etrio partners to supply Zypp Electric with EV 3 wheelers for last-mile delivery
Under this association, 100 Etrio flagship brand Touro three-wheelers are going to be operational soon and this will scale up to 1000 three-wheelers in the next 6-8 months.Read more
Ingeteam unveils a robust wind controller firmware development methodology
This speeds up the time to market and commercial production capacity of new wind farm developments whilst ensuring the highest level of reliability in the field.Read more
BTL EPC bags BHEL’s Rs 170 cr order for coal handling plant in West Bengal
For the project, Shrachi Group’s BTL EPC Ltd has already tied up with Swedish company Rexroth for hydraulic motor and L&T for ring granulator and roller screenRead more
Godrej Material Handling launches Uno Electric Forklift with advanced ergonomics
The business unit of Godrej & Boyce is eyeing for 30% market share in the counterbalance electric forklift market by 2024. Advanced ergonomics, augmented safety features and higher operating speeds enable the new Uno Electric Forklift to deliver a 30% increase in throughput.Read more
Liebherr MK 73-3.1 mobile construction crane for flexible operation
Mobile construction cranes are predestined to be used as taxi cranes and, with this in mind, the MK 73 3.1 is also designed for one-man operation. This crane is ready for use in around 10 minutes.Read more
Auto component major BorgWarner aims to grow EV revenues to 45% by 2030
As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. 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