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India: Leading global manufacturing
On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more
Danfoss starts hydrostatics production line at Pune facility
Eaton Fluid Power Ltd, a member of Danfoss group, has launched a new production line for hydrostatics at its state-of-the-art facility in Pimpri, Pune, to cater to the demand of the local agriculture sector. Danfoss is the first organisation to have manufacturing capability of hydrostatics transmission solutions in India.Read more