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Siemens and Bentley Systems to invest Euro 50 mn more in JV
As a result of the continuous investment of Siemens into secondary shares of Bentley's common stock the Siemens stake in Bentley Systems now exceeds 9 per cent.Read more
WABCO inks pact with Hino Trucks to supply braking systems
WABCO will provide its latest generation braking control technology and a range of advanced driver assistance systems (ADAS) for Hino Trucks’ forthcoming heavy-duty truck debut in North AmericaRead more
Germany’s Continental opens R&D facility in Gurgaon
This follows the company’s recent announcement, on the occasion of its tenth anniversary celebration, to invest in high Rs three-digit crore for expansion in India Read more
Siemens India selects Ferretto’s Vertimag EF storage systems for PCB components
The Italian company Ferretto Group has strengthened its presence in India by bagging an order from Siemens India to reorganise the storage and management of PCB components (printed circuits) at its Goa factory. Siemens, one of the world leaders in the sector of electronics, has selected Ferretto Group’s Vertimag EF vertical automatic storage system for this purpose. Read more
NORD’s ATEX compliant drive systems ensure safety in process industries
The company supplies individually configured drive systems in accordance with EU Directive 2014/34/EU and IEC Ex for application in potentially explosive atmospheres.Read more
India is significant growth market for Bentley Systems
The engineering information technologies space has witnessed enormous changes in the last decade or so. For example, while 3D plant design systems were used only for large complex projects ten years back, today these are used in all projects.Read more
International Automotive Components opens new Manesar plant
The new plant will produce vehicle headliners, center console systems, and instrument panel componentsRead more
Exide Industries to build Li ion battery plant in Gujarat
Exide Industries Ltd, India's leading manufacturer of lead acid storage batteries and power storage solutions provider, has formed a joint venture with the Switzerland-based Leclanche SA,etc.Read more
Han-Smart Industrial Power Outlet DC: The secure connection in the smart grid
A modified, DC-based network infrastructure can support both the energy transition by increasing the efficiency of power distribution, as well as by better responding to the specific energy needs of Industry 4.0.Read more
Dana to acquire Oerlikon’s drive systems biz for $ 600 mn
The acquisition optimises Dana’s global manufacturing presence to be closer to customers in key growth markets such as China and India, as well as the USRead more