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TRUMPF releases new machine diagnostics to reduce production downtime

With machine diagnostics, TRUMPF detects abnormalities in the machine before they can cause a breakdown.Read more

Hitachi Energy to invest $250 million in India’s transformer production

In India, the expansion will include significant upgrades to its large power transformers factory and relocation of its bushings factory in Gujarat, alongside enhanced testing facilities for specialty transformers.Read more

SAIL partners with BHP to decarbonize steelmaking in India

The partnership will focus on testing alternative reductants, such as hydrogen and biochar, to reduce greenhouse gas emissions in SAIL’s integrated steel plants. Read more

Balmer Lawrie plans Rs 7 billion capex; To expand into ethanol production

he company aims to diversify its operations by entering the ethanol production sector and expanding into third-party logistics for businesses looking to store their products.Read more

India's finished steel imports from China reach 7-year high

Additionally, imports of finished steel from Russia also hit a six-year high during the same period, with Russian exports exceeding 54,000 tons—more than double the amount from the previous year.Read more

MR Components banks on EMAG machines for quality and efficiency

MR Components relies on intelligent automation with EMAG machines and benefits from unmanned production in the evening hoursRead more

Indian steel firms slash prices amid rising imports to protect market share

The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more

India’s defence production reaches Rs 1.27 trillion; exports to 90+ countries

India's defence exports crossed Rs 210 billion for the first time in 2023-24, and the ministry has set a target to increase this figure to Rs 500 billion within the next five years.Read more

Himadri Speciality Chemical targets 18% market share in carbon black by FY26

The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA.Read more

Daikin invests Rs 14 billion in Indian unit to boost production

Daikin plans to use the funds to expand its manufacturing capacity and increase component production, particularly compressors, with the goal of raising localisation from 75% to nearly 90%.Read more

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