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ACMA appoints Ram Venkataramani as President

Deepak Jain, Managing Director, Lumax Industries Ltd, has been appointed as Vice President of Automotive Component Manufacturers Association of India (ACMA) for 2018-19Read more

IMTMA hosts 12th National Productivity Summit in Chennai

The summit showcased competitiveness and sustainable growth in manufacturing as Industry 4.0 adoption scales up across IndiaRead more

“India holds an important position for Henkel”

Germany-based Henkel is one of the leading solution providers for adhesives, sealants and functional coatings worldwide. With sectors such as auto, packaging, aviation, construction, etc booming, the demand for adhesives is expected to increase manifold.Read more

SB Energy to deploy 2,000 Ecoppia robots for cleaning PV solar panels

Ecoppia, the Israel-based provider of robotic, water-free photovoltaic solar panel cleaning solutions, has entered into an agreement with SB Energy, a wholly-owned subsidiary of SoftBank Group Corp, to deploy two thousand robots across its five sites in Bhadla Phase III & IV Solar Park Project in Rajasthan. Read more

Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%

ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more

Air-compressor major Elgi Equipments acquires Australia’s Pulford Air & Gas

Acquisition is a part of Elgi Equipments’ business mission to becoming a leading player in the global air-compressor business by 2027Read more

HMS Industrial Networks acquires Germany’s Beck IPC

With IPC@CHIP technology, which is the core of Beck’s product offering for industrial OEMs, the company offers a compact embedded programmable platform solution in the form factor of a chipRead 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

Indian cleaning industry is poised for 30% annual growth

With rising awareness about hygiene across industries, there is increasing demand for cleaning equipment in India.Read more

Belgian firm Aliaxis acquires Ashirvad Pipes to expand in India

As a part of the transaction, Aliaxis has acquired 37 per cent stake in Ashirvad from the Poddar family in addition to its 60 per cent stakeRead more

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