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Mobile robot components market worth $7.4 billion by 2027

A report by Interact Analysis shows Mobile robot component market growth fueled by demand for order fulfillment robots where US currently dominates the mobile robot component market, but China is set to become a strong rival.Read more

L&T flags off reactors to Mexico’s second largest refinery

The Heavy Engineering arm of Larsen & Toubro, flagged off 5 nos. reactors for PEMEX’s Miguel Hidalgo (Tula) refinery in Mexico.Read more

Cobot market to see growth at 20% by 2023

A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more

L&T Construction wins orders to establish 380kV overhead power transmission lines

L&T Construction’s Power Transmission & Distribution (PT&D) Business wins EPC orders in India and overseas. The order won are to establish 80kV overhead power transmission lines in Kingdom of Saudi Arabia and Gujarat’s southern region.Read more

Trane Technologies outlines transition plan to achieve net-zero targets by 2050

Trane Technologies revealed latest ESG report which debuts net-zero roadmap and highlights significant progress on its 2030.Read more

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more

WEMO expands market presence in India with Amit Upreti as VP Business Development

Amit Upreti joined Netherlands-based company, WEMO Special Projects in February, 2023. The company announced in a statement that the appointment of Upreti as Vice President Business Development in WEMO has brought a good growth for the company in Indian market. Read more

Best Power Equipments appoints Sushil Virmani as managing director

BPE (Best Power Equipments) has appointed Sushil Virmani as the Managing Director of BPE. Founder and Group Managing Director, Amitansu Satpathy welcomed Virmani saying that he look forward to a new golden period under his leadership at BPE.Read more

Schneider Electric appoints Deepak Sharma as Zone President Greater India, MD & CEO, SEIPL

Schneider Electric has appointed Deepak Sharma as the new Zone President – Greater India and MD & CEO, SEIPL effective May 1, 2023. He will be taking over this role from Anil Chaudhry, who held the position for more than years.Read more

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