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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

ABB India automates first India-Bangladesh cross-border oil pipeline

ABB India has supplied Numaligarh Refinery Limited with integrated automation and control solutions to monitor and manage a 130 km cross-border oil pipeline between India and Bangladesh. The project scope includes installing ABB Ability SCADAvantage, Remote Terminal Units (RTU), and a leak detection systemRead more

Schaeffler elevates Vijay Chaudhury as Director of Communications & Marketing for Asia Pacific region

German manufacturer of rolling element bearings, Schaeffler has appointed Vijay Chaudhury as Director of Communications & Marketing – Asia Pacific. Chaudhury was previously serving Head of Communications and Marketing for India, and Head of Press and Media Relations – Asia Pacific positions in the company.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

Bohmen Industries is focusing on developing new position switching devices

Since 1977, Bohmen Industries is an acclaimed manufacturer and supplier of a wide variety of electromechanical limit switches and allied assemblies. The company is having heavy growth plans in the coming years. This interview with Abhishek Bohra, Partner, Bohmen Industries gives more insights into the company’s operations and its outlook on the Indian manufacturing market.Read more

Tecumseh under Masterflux brand will roll out products for EV segment

North America-based Tecumseh Products Company is a global manufacturer of cooling solutions. For more than 25 years the company has been operating in India with the subsidiary named Tecumseh Products India (TPI). Sandeep Chaudhry, Managing Director, Tecumseh Products India, in the interview shares how the sustainability and energy efficiency is evolving the opportunities in India and what role Tecumseh is playing in it.Read more

Fuji Electric wants to provide made-in-India products with Japanese technology

Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more

Elecon Engineering launches upgraded industrial gearbox New EON, at Gurugram

One of largest industrial gears manufacturers, Elecon Engineering Company Limited (Elecon) launched the latest addition to the already popular range of gearboxes ‘New EON’ at an event at The Oberoi, Gurugram. Company also plans to open local swift centers to enhance customer services.Read more

Soma Specialities is looking to double its revenues in 2-3 years

Soma Specialities, a pioneer in introducing mechanised floor cleaning and floor maintenance systems in India, has been into the business for more than four decades. In this interview, Samir Sabu, Director, Soma Specialities, shares USPs of the products and the company's strategy to grow 25-30 per cent annually.Read more

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