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Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%
ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more
Air-compressor major Elgi Equipments acquires Australia’s Pulford Air & Gas
Acquisition is a part of Elgi Equipments’ business mission to becoming a leading player in the global air-compressor business by 2027Read more
HMS Industrial Networks acquires Germany’s Beck IPC
With IPC@CHIP technology, which is the core of Beck’s product offering for industrial OEMs, the company offers a compact embedded programmable platform solution in the form factor of a chipRead more
Dana to acquire Oerlikon’s drive systems biz for $ 600 mn
The acquisition optimises Dana’s global manufacturing presence to be closer to customers in key growth markets such as China and India, as well as the USRead more
Indian cleaning industry is poised for 30% annual growth
With rising awareness about hygiene across industries, there is increasing demand for cleaning equipment in India.Read more
Belgian firm Aliaxis acquires Ashirvad Pipes to expand in India
As a part of the transaction, Aliaxis has acquired 37 per cent stake in Ashirvad from the Poddar family in addition to its 60 per cent stakeRead more
Configuring wireless LAN access to the machine network
The completely networked machine is at the centre of digitalization, the future Industry 4.0 project and the Internet of Things (IoT).Read more
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Handy tips to keep AC in top shape this summer
With a healthy economic growth, the burgeoning middle class of India can afford a comfortable and healthy lifestyle. Air conditioners, once considered an indicator of luxury are now more accessible to this section of society. Every year there is a growing number of families opting for air conditioners in India. Read more
We are actively pursuing major OEM’s for our filtration products
Expertise borne from 35 years of machine tool experience, U-Tech has represented cutting-edge solutions in machine tool peripherals and sub-assemblies. Read more
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EPCOS AC motor capacitors are now BIS compliant
TDK Corporation announced that its subsidiary, EPCOS India Pvt. Ltd., fulfills all requirements of the Bureau of Indian Standards (BIS) for AC motor capacitors, which has been verified by accredited laboratories.Read more