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Ola Electric raises $100 million debt from Bank of Baroda

The first phase of Ola Future factory is nearing completion shortly, following which production trials.Read more

Engine coolant is liquid engineering at work

Extended life coolants are excellent examples of what can be achieved with today’s liquid engineering technology, believes Andy Miller. Read more

Maire Tecnimont bags $170 million EPCC contract from IOCL

The contract with IOCL is for the implementation of a new polypropylene plant and related facilities in Barauni, Bihar. Tecnimont S.p.A. and its Indian entity, Tecnimont Pvt Ltd will execute the contract.Read more

World Bank approves $500 million RAMP Program for MSME sector in India

The $500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Bank’s second intervention in this sector, the first being the $750 million MSME Emergency Response Program, approved in July 2020 Read more

Bonfiglioli donates Rs. 28 million to fight Covid-19 in Chennai and Pune

Bonfiglioli donated Rs. 28 million worth of Covid-19 Medical Equipment and Essentials to Government Hospitals in Chennai and Pune.Read more

Intech Additive Solutions bags multiple orders worth USD 2 million

This order comprises the sale of a combined total of six metal AM systems, iFusion SF1, and iFusion LF1, configured with pre-build software AMBuilder to five organisations. Read more

Govt urges distilleries to maximise hand sanitizer production to combat Covid 19

About 45 distilleries and 564 other manufacturers have been granted permission to produce hand sanitizers; more than 55 distilleries are likely to be given permission in one or two daysRead more

German automotive supplier Brose to invest Euro 3.2 million in Pune facility

With its competence in the integration of electronics, sensor technology and software into intelligent products, Brose is actively shaping the future of mobilityRead more

Sandvik adds new tube line at Indian Steel Mill to boost capacity

The new line is mainly aimed at the production of heat exchanger tubing.Read more

Welding professionals shortage may derail India’s growth story

According to the Indian Institute of Welding (IIW), which is hosting Weld India 2020 expo in February, the current shortage of 1.2 million welding professionals is expected to increase to 1.35 million in the next 3 years. Read more

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