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GeM portal touches annual procurement of Rs 1 lakh cr in 2021-22
Government e Marketplace (GeM) - a one-stop portal to facilitate online procurement of common use goods & services required by various Government bodies - has attained an annual procurement of Rs 1 lakh crore within FY 2021-22 - up by 160% compared to last FY.Read more
India is key a contributor to ZF’s global success
ZF Commercial Vehicle Control Systems India Limited (formerly known as WABCO India Ltd) became part of the ZF Group in May 2020 following ZF’s successful acquisition of WABCO. It is a key regional business within ZF’s Commercial Vehicle Solutions (CVS) division which was launched on January 1, 2022. Read more
Procurement through GeM touches Rs 1 lakh cr in 2021-22
Procurement from micro & small enterprises (MSEs) via Government e Marketplace (GeM) was 57% of the total Gross Merchandise Value (GMV) currently with a growth of 143% compared to last FY.Read more
Global MHE market to reach $ 156 bn by 2026
Demand for automated guided vehicles and automated conveyors are expected to particularly register strong gains through the forthcoming years, says Research and Markets report.Read more
Lubricant market delivering smooth growth
Continuous industrialisation and growing manufacturing sector are driving the consumption of lubricants in industrial applications. In India, demand for industrial engine oils is accelerating as there is a rising concern about the upkeep of machinery for delivering better quality output. Read more
What’s lifting mobile hydraulics?
The mobile hydraulics market is being driven by vehicle electrification. Here, research analyst Brianna Jackson of Interact Analysis offers insight into the dynamics of mobile hydraulics market.Read more
Primeroll brings world-class bearings to Indian market
Indian end-user industries for bearings can look forward to some really top quality and world-renowned brands of an exhaustive range from the Primeroll stable. They have overcome the challenges during the pandemic by fortifying their supply chain through strategic planning. In this interview C R Chandalia, MD, Primeroll International Pvt Ltd is confident that their customers can now look forward to customised solutions and timely deliveries.Read more
The market has definitely revived post-Covid
From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more
MAC Marketing offers high-speed rotary table bearings
MAC Marketing Corporation offers rotary indexing table bearings, popularly known as YRT bearings. Read more
Geared motors market on a smooth ride
Machinery manufacturers are the main consumers of geared products. Conveyor manufacturers, who were the largest market for geared products in 2020, are expected to see strong growth in the coming years driven mainly by the logistics and factory automation sectors, says Shirly Zhu.Read more