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Festo’s patented VTEM is first digitalised pneumatics platform in the world

The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more

Indian electrical equipment industry records a growth of 13% in FY23: IEEMA

Indian Electrical and Electronics Manufacturers’ Association (IEEMA) compiled the data for the year 2023-24 which shows high growth in segments like transformers (17.5 per cent), cables (19.4 per cent), meters (15 per cent) and rotating machines (5.7 per cent).Read more

BorgWarner to acquire Eldor’s Electric Hybrid Systems business for €75 million

The acquisition will complements and strengthens BorgWarner’s electric product portfolio. Eldor’s EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes.Read more

Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components

The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more

Tesla agrees to set up vendor base and start EV assembly in India

The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more

BorgWarner unveils new logo marking transformation to eMobility

Signaling a new chapter, BorgWarner launches a new logo which is future-focused, dynamic and reinforces BorgWarner’s vision of a clean, energy-efficient world. The company expects eProduct revenues of over $10 billion by 2027.Read more

Piaggio Vehicles appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles

Piaggio Vehicles Pvt Ltd (PVPL), a 100 per cent subsidiary of the Italian auto giant Piaggio Group appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles. Tripathi will be responsible for the Sales, Service, Marketing & Business Development for EVs and Exports.Read more

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

Hindustan Zinc upraises safe, smart & sustainable mining in India

With drones, IIOT sensors, SmartDrive EVs, and Personnel Tracking System, one of world’s largest zinc-lead-silver producers, Hindustan Zinc is raising bars for the Indian mining sector by setting up advanced-level technology in mining and underground mining operationRead more

Electric motor industry has tremendous scope

In this interview, Anand Vaishampayan, Director, Delco Fans Pvt Ltd, explains the growth prospects of the industry and how his company is gearing up for the same.Read more

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