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Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr
Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more
India has moved up with two spots in machine tool production worldwide
Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more
Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
IIT in Punjab indigenously develops AmbiTAG to record real time temperature
This indigenous development will help monitor critical transport of goods such as vaccines, organs, blood or even other perishable goods.Read more
