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Soma Specialities is looking to double its revenues in 2-3 years

Soma Specialities, a pioneer in introducing mechanised floor cleaning and floor maintenance systems in India, has been into the business for more than four decades. In this interview, Samir Sabu, Director, Soma Specialities, shares USPs of the products and the company's strategy to grow 25-30 per cent annually.Read more

Danfoss India aims to double its revenue to Rs 5,000 cr by 2025

Decarbonization & digitalization are also high on the company's agenda. As a part of its 2025 growth strategy, Danfoss India plans to expand its geographic footprint in India, improve localisation of all products from an average of 50 per cent to 80-90 per cent, and explore new hotspots where energy efficiency plays a significant role.Read more

Normal monsoon to lift revenue of agri-pump makers by 8-10%: Crisil

Solar pumps being preferred over conventional ones. The Rs 5,000 crore sector is dominated by conventional pumps (grid-connected and diesel pumps), which account for 92% share, followed by solar pumps (8%).Read more

Godrej Process Equipment aims to double revenue by FY25; to expand Dahej facility

The company is strengthening its presence in sectors of hydrogen and power for delivery of specialised and large equipment with an investment of Rs 300 Cr towards an expansion of its Dahej plantRead more

Godrej & Boyce bets on rental solutions business for material handling

Godrej RenTRUST eyes growth of 23% becomes the only Indian rental solutions provider to cross a milestone of 1,000 material handling equipment in its rental fleet.Read more

We will more than double our revenue by 2025

National Engineering Industries Ltd (NEI) - the manufacture of NBC Bearings - is one of the leading players in the manufacturing sector in India.Read more

Tamper proof meter seal ideal for security and revenue protection

It is high time to start using new generation meter security seals which provide higher security than the decades old meter seals. The new generation seals, according to Rajesh Kumar Banka, are more robust and tamper proof. In today's smart meter digital era, meter security seals must have DPM 2D barcode or QR coded serial number for correctly reading and verifying the meter seal's serial number and logo through smart phone or barcode scanner.Read more

Godrej Tooling expects 30% YOY increase in revenues

E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more

HPL Electric's revenue grows 23% YoY in Q2 FY22; order book stands at Rs 859 cr

The Metering business revenue grew by 22% YoY to Rs 114 crores in Q2 FY22. The Consumer segment revenue surged by 20% YoY to Rs 175 crores owing to festive season demand and pick-up in economic activities in Q2 FY22. Read more

Global motion plastics leader Igus aims to double revenues to Rs 300 cr in India

Germany-based Igus announced the launch of over 180 new products from its innovative virtual product expo - titled Igus Motion Plastic Show (IMPS) - to support growth in India. Read more

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