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India to become Siemens' top market by 2027
Siemens is expanding its existing network of 32 factories in India, with a recent €100 million investment directed towards capital expenditure, supporting growth in its infrastructure, industrial, and mobility segments.Read more
Innovative technologies in motion control attract new entrants to the market
Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, Japan and Europe. There has been rapid expansion of the supplier base for linear smart conveyance systems, particularly in the Asia Pacific region, comments, Samantha Mou, Research Analyst, Interact Analysis.Read more
Global battery manufacturing equipment market to reach $30 billion by 2029
Despite a somewhat pessimistic forecast for market revenue, demand from all regions continues to drive the battery equipment market.Read more
Flender India to expand investments in domestic market
Approximately 10% of Flender Group’s 9,000 global employees are based in India. Read more
L&T expands aerospace focus amid India’s $44 billion space market boom
The first launch of a privately built PSLV is expected in early 2025, with each rocket costing approximately Rs 2 billion.Read more
Germany's Kärcher bets big on India's cleaning market
Kärcher, which recently launched its advanced cleaning solutions in India, aims to enhance rental solutions for businesses, providing cost-effective access to their advanced cleaning equipment, writes Manish Pant.Read more
Installation of FGD units represents Rs 60 bn market potential: Adheesh Ramani
In this interview with Rakesh Rao, Adheesh Ramani, CEO, Jasmino Corporation Pvt Ltd, explains criticality of rubber lining for process industries and its role in protecting capital equipment and reducing downtime.Read more
Indian steel firms slash prices amid rising imports to protect market share
The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more
Himadri Speciality Chemical targets 18% market share in carbon black by FY26
The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA.Read more
TSF Group showcases product line for global markets at IAA 2024
On display would be its extensive range of Braking solutions for the light commercial and heavy commercial vehicles including complete pneumatic braking systems.Read more