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Lenovo expands manufacturing portfolio in India
Lenovo’s local manufacturing caters to 15-20% demand in India. The company plans to increase it to 30-35%. Total revenue for all Lenovo Group businesses in India was $462 million for Q1FY22, up 31.3% YoY.Read more
ABB expands manufacturing capacity for LV motors at Faridabad plant
The expansion will increase plant capacity by more than 20%. The new line will develop energy efficient motors up to 55kW for customers operating in different industrial segments such as F&B, water & wastewater, cement, metals and mining, HVAC, textiles, rubber, etc.Read more
Schneider unveils new TeSys Giga motor starters with digital innovation
The unique set up enables easy replacement of spare parts, improving the reliability and robustness by up to 90% with up to 50% faster integration and commissioning time.Read more
B&R adds compact motor-drive combinations to reduce machine footprint
B&R added two compact variants to its integrated motor-drive solution. Equipped with powerful processors, the new devices are perfect for applications where tight synchronization and positioning precision are important. Read more
Lord Bamford: JCB to develop zero-carbon hydrogen motor by 2021
According to Lord Bamford, Chairman, JCB, the company has started a “switch to zero†policy and the hydrogen motor seems to be a perfect fit for the same.Read more
PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra
Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more
Yamaha Motor to accept orders for its new Hyper-EV Motor from this month
Company has also newly developed a unit boasting a maximum output in the 350 kW class (operating voltage of 800V) intended for installation and use in hyper-EVs and other high output applications.Read more
BTL EPC bags BHEL’s Rs 170 cr order for coal handling plant in West Bengal
For the project, Shrachi Group’s BTL EPC Ltd has already tied up with Swedish company Rexroth for hydraulic motor and L&T for ring granulator and roller screenRead more
Chicago Pneumatic India launches two permanent magnet motor compressors
These compressed air solutions - launched under CPMV & CPVS range - can be used in industry segments such as general engineering, manufacturing, grain sorter, pharmaceutical, steel, etc where pneumatic and screw compressor applications come into playRead more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more