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Low voltage AC drive shipments exceed 20 m in 2023

According to the market intelligence specialist, the pace of low voltage (LV) AC drive market growth slowed last year and is expected to continue to do so in 2024, with steady growth returning to the global drives market in 2025.Read more

Remswegs Marketing expects to grow by 30% in 2023-24

In this interview, Nitin Sethi, Director, Remswegs Marketing Pvt Ltd, highlights the challenges in the market and the company’s growth plans.Read more

India targets 28 nm and above chip market, says Ashwini Vaishnaw at WEF

Ashwini Vaishnaw, the Union Minister for Electronics and Information Technology mentioned that India boasts around 300,000 design engineers involved in the development of nearly every sophisticated chip globally.Read more

Synaptics eyes robust growth in India's smart devices market through MII

Michael Hurlston, the President and CEO of Synaptics, shared that a significant opportunity has surfaced as local manufacturers seek semiconductor and software providers to enhance the scale of domestic production in these device categories.Read more

India has potential to become a global export hub for green hydrogen: WEF

With affordable renewable energy, India can attract valuable international trade of green hydrogen derivatives, says a report by the World Economic Forum (WEF) and Bain & Company. To boost the country’s export potential, it is crucial to establish recognised standards, improve export infrastructure, and form strategic partnerships.Read more

Godrej & Boyce strengthens market presence in North India contributing

Chandigarh branch of Godrej Material Handling is growing at 15% CAGR since FY22 contributing 7% of the MHE business in the North.Read more

Indian Footwear Industry eyes $90 bn market by 2030 with strategic measures: Report

The current valuation of the Indian footwear market stands at $26 billion, and the GTRI anticipates it reaching $90 billion by 2030.Read more

Global geared products market anticipates slowdown; India to prop up revenue

Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more

ABB sees India as a key growth market with immense potential

In this interview with Rakesh Rao, Jacques Mulbert, President of ABB Measurement & Analytics, explains why smart measurement & analytics solutions are the key for sustainability, operational efficiency and cost reductionRead more

With double-edged focus on India & global market, we expect to grow by 10-15%”

Tacklers Engineering is a leading manufacturer of material handling equipment in the India. In this interview Nirag A Choksi and Aman A Choksi, Directors, Tacklers Engineering Private Limited (formerly known as Techno Industries) shares about its manufacturing facilities in India. Company plans to add cutting edge range of products to its portfolio with some global collaboration, they added.Read more

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