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Energised power sector propelling transformer demand
India’s power & distribution transformer market is expected to reach $ 4.26 billion by 2030 from $ 2.14 billion in 2020. This article highlights some of the factors driving the growth of the transformer market due to changes in India's energy requirements.Read more
India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
Smart, green features gaining traction in HVAC market
The integration of advanced technologies such as Internet of Things (IoT) and need for eco-friendly features is also offering significant growth opportunities to the Indian HVAC market.Read more
Lithium ion battery market is moving into surge mode
The market share of different Li-ion battery technologies is changing. Interact Analysis forecasts that the market shares of lithium iron phosphate (LFP) batteries and nickel-cobalt-aluminium oxide (NCA)/nickel-cobalt-manganese (NCM) batteries will be evenly divided by 2026, writes Maya Xiao.Read more
India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
Schneider Electric enables collaboration to improve end markets experience
New mySchneider IT partner program accelerates partner growth and enables differentiated businesses for long-term success.Read more
Mobile hydraulics market reaches $18.7bn in 2021
Material handling sector accounts for 25% of mobile hydraulics market in 2020Read more
Elgi unveils LD series intelligent reciprocating air compressor at INTEC 2022
: Intelligent XT controller levels out utilisation between the two compressed air units, reducing manual intervention. Read more
Electric motors market on the roll
While growth in electricity consumption and sales in electric vehicle sales & robots are driving the demand for electric motors, rising raw material price is a cause of concern for the manufacturers.Read more
3i EXPO: Readying for a grandeur show in 2023
It gives an immense pleasure to share that Industrial Products Finder’s maiden 3i EXPO - held on May 20-21 in Mumbai - evoked a huge response from the industry with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc Read more