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Industrial valves market growing at a CAGR of 3.60 per cent
The industrial valves market for the oil and gas industry is expected to account for the largest market share by 2023 as a result of increasing oil and gas projects, replacement of structurally obsolete valves, and continuous increasing demand from oil and gas industries from emerging economies.Read more
Honda exhibit and announcements at CES ASIA 2017
A concept automated EV commuter vehicle equipped with artificial intelligence (AI) technology called an "emotion engine." NeuV makes judgments about the driver's state of stress based on facial expressions and/or tone of voice and provides assistance to the driver to support safe driving. Moreover, NeuV will learn the lifestyle and driver preferences and suggest different options depending on the situation. Furthermore, Read more
Schmersal celebrates ten-year anniversary in India
Schmersal India Pvt. Ltd. now employs around 70 employees, including a mechanics apprentice.  In the near future, the plan is to increase this number to 80 to 85 employees, as a production system is to be relocated from the German factory in Wettenberg to India. The number of trainees is also set to rise. In 2015, Schmersal India Pvt. Ltd, in conjunction with the Indian German Chamber of Commerce (IGCC), established a dual training project based on German models which is due to finish this auRead more
BLH Nobel announces G5 Series with 'Legal-for-Trade' certification
May 2017 – The BLH Nobel brand of Vishay Precision Group (NYSE: VPG), experts in standard and custom process weighing and force measurement solutions, including high-quality and high-accuracy weighing and control systems, etc.Read more
SiC market offers growth at a CAGR of 17.4 per cent during 2017 to 2022
Pune, India, May 2017 /PRNewswire/ – The silicon carbide has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 617.4 million by 2022, at a CAGR of 17.4 per cent between 2017 and 2022. Read more
Launch of BIM laboratory in collaboration of Central Toolroom-Training Centre and Bentley Institute
May 2017 – The Central Toolroom & Training Centre (MSME Toolroom), Bhubaneswar and Bentley Institute launched an advanced BIM Laboratory in a collaborative effort.Read more
Shell Lubricants opens learning center in partership with BML university
New Delhi, May 2017 – Shell Lubricants, the global market share leader in finished lubricants, inaugurated learning centre in partnership with BML Munjal University(BMU), Haryana. Shell's collaboration with the varsity aims to provide real life hardware exposure and share practical knowledge in lubrication of automotive and industrial applications. Read more
Escorts marks a profit growth by 91.6 per cent
New Delhi, May 2017 – Escorts Limited reported a profit of Rs 160.4 crore in year ended March 2017 up by 91.6 per cent as against a profit of Rs 83.2 crore in the previous fiscal. Turnover up by 21.2 per cent to Rs 4,167.6 crore as against Rs 3,438.7 crore in the previous fiscal. Read more
Dalmia Cement partners for India's longest bridge
Dalmia Cement (Bharat) Ltd. supplied 17,000 tonnes of the highest grade cement for this milestone project realised through a consortium of companies. This demonstrates the excellence of its manufacturing prowess, exceptional quality, strong delivery mechanisms and the high degree of trust the company enjoys with multiple stakeholders.Read more
Tetra Pak launches its first Customer Innovation Centre in Asia
May 2017 – Tetra Pak, the world's leading food processing and packaging solutions company, launches its first Asia-based Customer Innovation Centre (CIC) in Singapore, to address the evolving needs of the fast-growing Asian markets. This Centre will help the region's food and beverage manufacturers uncover growth opportunities, accelerate and enhance product innovation to create winning solutions for their brands.Read more