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Danfoss India to focus on localization as it aims for Rs 5,000 cr turnover

To support the digital transformation in the country, the company has added over 1,400 engineers and invested over $300 million in India to capitalise on the rising green opportunities.Read more

Danfoss India aims to double its revenue to Rs 5,000 cr by 2025

Decarbonization & digitalization are also high on the company's agenda. As a part of its 2025 growth strategy, Danfoss India plans to expand its geographic footprint in India, improve localisation of all products from an average of 50 per cent to 80-90 per cent, and explore new hotspots where energy efficiency plays a significant role.Read more

Perkins celebrates production of its 10,000th 4000 Series engine

Perkins’ Aurangabad facility has achieved a major milestone after its 10,000th 4000 Series engine rolled off the production line. Initially built to meet customer demand across Asia for the complete range of 750 to 2500 kVA 4000 Series engines, the state-of-the-art production facility now serves Perkins’ customers around the world.Read more

FPT Industrial opens new ePowertrain plant in Italy

The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.Read more

Making it smartly in India

India’s manufacturing has been taking a steady stride towards Industry 4.0 in the last few years. As per NASSCOM study report, Industry 4.0 is at an inflection point in Indian manufacturing, with more than two-thirds of Indian manufacturers embracing the digital transformation by 2025Read more

Govt adds 101 items to list of defence equipment to be procured locally

As per preliminary estimates, more than Rs 175,000 crore worth orders would be placed on Indian industry in the next 5-10 years. Fourth Positive Indigenisation List, released during Def Expo 2022, includes 101 defence items such as highly complex systems, sensors, weapons, ammunitions, etc.Read more

TDK with its largest appearance to date at electronica

TDK will show more than 100 technology highlights at the exhibition. Passive components as well as sensor technology will be showcased at the main booth A5.107.Read more

FPT Industrial unveils new ePowertrain plant in Turin

The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.Read more

Tecnimont and Metal Craft form JV for construction and mechanical works

The new JV, Tecni and Metal Pvt Ltd, will act as an in-house operating arm for construction and mechanical works, significantly increasing the efficiency of Maire Tecnimont Group’s upcoming projectsRead more

Global auto component maker Marelli opens R&D center in Bangalore

The Bangalore technical R&D center will focus on major technology areas of Marelli such as electronics, automotive lighting and both internal combustion powertrain and electric powertrain.Read more

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