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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

HPL Electric reports Rs 129 cr revenue in Q1 FY22

The company reported EBITDA at Rs 9.8 crores, a growth of 48% YoY in Q1 FY22. Metering & Consumer (B2C) segment registers a growth of 40% YoY and 31% YoY Read more

HPL Electric and Power registers revenue of Rs 308 Cr in Q4 FY21

This growth is led by metering & consumer (B2C) segment growth of around 93 per cent YoY growth and 20 per YoY, respectively in the Q4 FY21.Read more

Auto component major BorgWarner aims to grow EV revenues to 45% by 2030

As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more

Fuji Electric aims Rs 1500 crore revenue from India by 2023

FE will expand its power electronics systems business in India, targeting mainly the manufacturing industries, core heavy industries, buildings, infrastructure and data centre marketRead more

Schaeffler India reports total revenue of Rs 45.61 bnfor Jan-Dec 2018

Schaeffler India Limited announced the results for Q4 ended December 31, 2018 and January-December 2018. Total revenue from operations (net) for the period January-December 2018 increased to Rs 45.61 billion, higher by 16 per cent than the corresponding period of 2017.Read more

Greaves Cotton reports revenue growth of 13 per cent for Q3 FY19

The company earned a revenue of Rs 506 crore and EBITDA grew by 14 per cent to Rs 71 crore for the current quarterRead more

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