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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

TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform

TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more

With rapid adoption of new technology, we see a shift in railway mindset

Taiwanese electronics manufacturing company, Delta Electronics caters to Indian railway infrastructure with its various products & solutions. Through this interview, Chirag Sethi, Head of Railway Traction Power, Delta Electronics India, presents an overview of the emerging trends in railways and how Delta is helping electrification and other developments in railways.Read more

End customers are looking for investments and expansion of machine shops

Schaeffler India offers components and system solutions for vehicles with drive trains and hybrid and electric vehicles. The main products include clutch systems, transmission components, torsion dampers, valve train systems, camshaft phasing units, and electric drives. During an interactive interview with Trishna Mirajkar, Harsha Kadam, Chief Executive Officer and Managing Director, Schaeffler India talks about the performance of the Indian machine tools industry.Read more

Semiconductor industry processes node gives highest margins and investments

IESA is the premier trade body committed to the development of a vibrant Indian Semiconductor and Electronics System Design and Manufacturing (ESDM) ecosystem and evangelizing the dream of establishing “Brand India” that is recognized worldwide as a go-to destination for electronic products. In a summary, Krishna Moorthy, CEO & President of IESA, discusses the issue of a lack of semiconductors and makes some recommendations for a solution. Read more

Toyota Kirloskar invests Rs.48 bn in Karnataka to ramp up manufacturing

Toyota aims to enhance electrification & shift towards greener technologies.Read more

Toyota Kirloskar to invest Rs 48 bn in Karnataka to ramp up manufacturing

Toyota Group Signs MoU with Government of Karnataka for Big InvestmentsRead more

All set to scale new heights

India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more

Warburg Pincus acquires majority stake in Imperial Auto

Stone Plant Investments B.V., an affiliate of Warburg Pincus (a leading global private equity firm), has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies. EY acted as the sole financial advisor to Imperial.Read more

NORD on a growth drive with innovative products

Thanks to innovative new products and comprehensive investments – the largest in the company’s history so far – the drive specialist NORD DRIVESYSTEMS increased its sales by almost 18% in 2021, compared to 2020. In 2022, customers can look forward to innovative and advanced drive solutions.Read more

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