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Revent along with ECS Mobility opens manufacturing facility in Haryana

The new facility, which will cater to the needs of automotive and non-automotive segments, will manufacture ring gear on flex plates, ring gears on flywheels, independent ring gears, and ring gears assembled with flywheels and flex plates.Read more

Global geared products market anticipates slowdown; India to prop up revenue

Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more

Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration

In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more

Troop Comforts revolutionises military gear with indigenous innovations

The company, which specialises in manufacturing military equipment, is working on a range of products such as boots, crampons, ice pitons, hammer pitons, sleeping bags, multi-purpose bags, and clothing items.Read more

Garuda Aerospace soars: Pioneering India's drone revolution

The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more

What does the global competitive landscape look like for mobile geared products?

Affected by the stagnant off-highway vehicle market in China, the global market for geared products used in mobile applications was estimated to grow marginally by 0.6% to $11.2 billion in 2022.Read more

Kirloskar Pneumatic inaugurates facility in Nashik

In its initial phase, the plant has the capacity to manufacture up to 6000 tons of forged parts annually, ranging in size up to half a ton each.Read more

Skanda Aerospace launches cutting-edge aerospace gear facility in Hyderabad

This collaborative venture, involving Hyderabad-based aerospace and defence component manufacturer Raghu Vamsi Machine Tools and the US Company Rave Gears, has invested Rs 75 crore in its initial phase.Read more

Tamil Nadu gears up for Global Investors Meet 2024, focuses innovation, job creation

Global Investors Meet (GIM) scheduled to take place in Chennai in January 2024. In November 2022, the Tamil Nadu Smart and Advanced Manufacturing (TANSAM) was inaugurated, established by TIDCO in partnership with Siemens. Read more

UK consortium launches I-Break Project for aerospace innovation

Under the aegis of the Aerospace Technology Institute (ATI) Programme, I-Break receives funding as part of a broader United Kingdom government initiative, with £218 million earmarked for pioneering research and development endeavours in the aerospace sector.Read more

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