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Tecnimont and Siemens sign MoU for digital predictive maintenance services

The tools will improve plant operability and reduce maintenance costs. The two companies will work together on feasibility studies and identify clients to promote the application of the technology.Read more

Ind-Ra: ECLGS extension to help mid and emerging corporates recover post Covid

The extension in the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one-third of mid and emerging corporates (MECs), according to India Ratings and Research (Ind-Ra).Read more

Majority Of MSMEs in Pune to recover within next six months: Study

According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more

Alstom delivers 100th electric locomotive of 12,000 HP to Indian Railways

As part of the contract worth Euro 3.5 billion won in 2015, Alstom will be supplying 800 fully electric high-powered double-section locomotives of 12,000 HP (9 MW) for freight service. This is the largest FDI project in the Indian Railway sector.Read more

PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment

With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more

Four ways to improve manufacturing efficiency using managed IT services

Manufacturing organisations have special technology needs. With the right managed IT services provider, manufacturing companies can automate and enhance processes as well as overall productivity of the internal IT teams, says Neelesh Kripalani of Clover InfotechRead more

Four logistics trends that can make supply chains cost-effective

To bring down the logistics cost from 14 per cent of the GDP to 10 per cent by 2022, the Indian supply chain networks need a plan to become an integrated and efficient distribution model that can effectively leverage the GST and other developmental policies, says Aditya Vazirani.Read more

Genus Power supplies 1.5 mn smart meters to EESL

Creates history by becoming Asia-Pacific’s first company to supply 1.5 million smart meters to Energy Efficiency Services Ltd (EESL), which is playing a vital role in implementing India’s ambitious plan of rolling out 240 million smart meters in next 3 years.Read more

igus to provide 3D printed wear resistant plastic parts in 3 days

Production-ready, long-lasting special parts can be produced using 3D printer, helps increase design freedom in the automotive industry.Read more

Incentivise manufacturing services in SEZs to boost exports

About 90% of the manufacturing units in global supply chain are manufacturing service providers. Manufacturing services can be incentivised by providing them with SEIS benefits as they are WTO compliant, says Tamil Nadu Association of SEZ Infrastructure DevelopersRead more

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