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The “Top 100 Performers” of engineering sector

According to the International Monetary Fund (IMF), India is poised to remain a significant contributor to the global economy, accounting for approximately 15 per of global economic growth in CY 2023.Read more

Govt extends Automotive PLI Scheme, aims for accelerated implementation

While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.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

BHEL, Leonardo S.p.A, among the bidders for Army's Air Defence Gun Contract

Bharat Heavy Electricals Ltd (BHEL) and Italy's Leonardo S.p.A are among the three contenders competing for a Rs 6,500 crore contract to supply air defence guns to the Indian Army. Larsen & Toubro and AWEIL also participate.Read more

Avians High Speed Doors: Fast, Efficient and Smart Entrance Solutions

Avians is an ISO:9001, ISO:14001 and OHSAS 18001 certified company with its complete range from to its latest range High Speed Doors. The company showcases features and range of its High Speed Doors.Read more

L&T inaugurates heavy wall pressure vessel facility in Saudi Arabia

The facility, at Royal Commission Jubail – 1, is a step forward for Aramco’s IKTVA initiative and Saudi’s Vision 2030.Read more

DRDO, L&T join hands for realisation of Indigenous AIP System for Indian Navy

Larsen & Toubro and DRDO under contract for realisation will work on Air Independent Propulsion (AIP) System Modules for Kalvari Class of Submarines of the Indian Navy.Read more

AI startup, Cognecto raised Rs 4 Cr in a seed round led by Inflection Point Ventures

Indian company, Cognecto raised investment in the seed round by Inflection Point Ventures. It aims to uniquely combine IoT, AI-driven operational analytics, and managed services to unlock a new level of efficiency in Heavy Equipment. The startup was also named one of the most innovative startups by IIT Delhi in 2023.Read more

Hydrogen is a huge opportunity for BHEL

In this interview, Rakesh Rao spoke to Dr Nalin Shinghal, CMD, BHEL, to know more about the company's future growth plans and focus at Hannover Messe 2023.Read more

Freudenberg shows profitability, heavy investments in 2022

Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more

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