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Global geared products market anticipates slowdown; India to prop up revenue
Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more
India seeks to justify RoDTEP reimbursements amid US countervailing duties
This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021.Read more
Gadkari inaugurates Volvo CE's new products at EXCON 2023
The EC500 50-Ton Electric excavator showcases the futuristic all-electric road compactors, DD40 Electric and PT220 Electric developed in India, unveils the EC80 Electric and brings L120 Electric wheel loader in India for customer trials.Read more
Dixon's Padget Electronics secures contract with Lenovo for IT hardware products
Dixon Technologies, an electronics manufacturing service provider, will be responsible for producing notebooks and laptops for Lenovo, which recently edged ahead of Dell to become the second-largest PC brand in the September quarter.Read more
Timken completes acquisition of Engineered Solutions Group
The Timken Company, a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH).Read more
PHDCCI report recommend schemes for 75 potential export products
PHDCCI report recommend schemes for 75 potential export productsRead more
India urged to prioritise domestic manufacturing amidst trade talks with UK
Negotiations between the two countries encompass 26 policy areas/chapters, with investment discussed separately as a bilateral investment treaty between India and the UK.Read more
Detroit Engineered Products hosted ESP conclave in three major Indian cities
The event centred on the theme of "Achieving Engineering Efficiency with the latest in CAE technology" was conducted in three major cities - Pune, Bangalore and Chennai.Read more
Intel boosts India's laptop manufacturing: Game-Changer for 'Make in India' initiative
Intel, a global technology leader, is partnering with eight Indian Electronics Manufacturing Services (EMS) and Original Design Manufacturers (ODMs) to boost the laptop manufacturing.Read more
Sterlite Power demerges Transmission and Products Business
This move comes as part of the Company?s intent to create ?pure play? business verticals based on their end-customer base, investor class and returns.Read more
