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ABB sees India as a key growth market with immense potential
In this interview with Rakesh Rao, Jacques Mulbert, President of ABB Measurement & Analytics, explains why smart measurement & analytics solutions are the key for sustainability, operational efficiency and cost reductionRead more
Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models
Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more
Texmaco Rail & Engineering secures Rs 1,374 cr order from Indian Railways
The first tranche of 1,133 wagons is to be delivered by December 31, 2024 while the second tranche of 1,133 wagons is to be delivered by June 30, 2025.Read more
With double-edged focus on India & global market, we expect to grow by 10-15%”
Tacklers Engineering is a leading manufacturer of material handling equipment in the India. In this interview Nirag A Choksi and Aman A Choksi, Directors, Tacklers Engineering Private Limited (formerly known as Techno Industries) shares about its manufacturing facilities in India. Company plans to add cutting edge range of products to its portfolio with some global collaboration, they added.Read more
DB Schenker India, CONCOR join forces to redefine logistics excellence in India
The firms signed MoU on December 19, 2023 in New Delhi, India, in the presence of Sanjay Swarup, CMD of CONCOR, Kinjal Pande, CEO of DB Schenker (India and Indian Subcontinent), along with senior officials from CONCOR and DB Schenker.Read more
Schwing Stetter India announces entry in CE-subsegments
The new path breaking construction product line-up covers mining, shipping, and road & highway infrastructure industries; to play a major role in achieving long-term growth plans.Read more
Abilities India secures patent for revolutionary piston and cylinder coating technology
The technology is poised to transform the engine components landscape reducing friction, wear, emissions & fuel consumption by 2-3%.Read more
South Asia Power Summit charts course for regional energy collaboration
The summit, a pivotal gathering of influential figures in the energy sector from the region, aimed to tackle existing challenges and explore new opportunities.Read more
85% industry revenue comes from sale of components to domestic vehicle OEMs
In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more
Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders
Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more