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Global majors are shifting their R&D base to India

…says T V Mohan, Country Head and Managing Director - India, Andreas Maier Workholding Technology, the Indian subsidiary of the European-major, AMF. It provides over 5000 products in the field of the fields of clamping, hand tools and locks. He added that they are also looking to increase the quantum of local content in the future.Read more

Yuma Energy collaborates with MCD, BRPL for battery swapping stations

As part of the collaboration Yuma Energy will set up battery swapping stations across Delhi in a move to support the evolving e-mobility ecosystem in the capital. Yuma currently supports half a million swaps and serves 125,000 customers every month.Read more

Alstom nurtures, grooms women from Coimbatore, to contribute to sustainable rail mobility at global level

Alstom has over 18 per cent women on the shopfloor at its world-class components manufacturing facility in Coimbatore working across various roles such as team leaders, CCN engineer, quality assurance etc.Read more

BHEL, Leonardo S.p.A, among the bidders for Army's Air Defence Gun Contract

Bharat Heavy Electricals Ltd (BHEL) and Italy's Leonardo S.p.A are among the three contenders competing for a Rs 6,500 crore contract to supply air defence guns to the Indian Army. Larsen & Toubro and AWEIL also participate.Read more

Eicher, Amazon collaborate to scale electric truck deployment for deliveries in India

Eicher and Amazon aim to introduce up to 1,000 electric trucks from eight to 24 feet deck lengths into Amazon’s delivery operations over five years.Read more

KKR Acquires majority stake in pallet pooling platform LEAP India

The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more

Best Power Equipments Marks 23rd Anniversary

Best Power Equipments India (BPE), a leading Indian manufacturer of end-to-end strategic power solutions, celebrated its 23rd anniversary on July 22, 2023 at the Crown Plaza, Greater Noida.Read more

India's chip-making prospects unfazed as AMD and Vedanta Forge Ahead

It was revealed that the first phase of Vedanta's chip-making project would be completed within two-and-a-half years.Read more

Mahindra Group to enable US companies to expand global manufacturing footprint

The Mahindra Group will support interested companies in setting up their manufacturing base in India in a range of ways including modular plug-and-play suite of offerings.Read more

India can be next hub for Asian market in safety

Germany-based Schmersal Group is a leading safety equipment manufacturer, took a big leap in India by setting up a manufacturing facility for safety products in the country in line with international safety standards at Pune in 2014. Michael Ambros, Managing Director, Schmersal Group in this interview with Ayushi Khandelwal shares significance of India in the global industrial safety equipment market and how Schmersal is truly leading the Make in India path in the industry. Read more

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