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Gainwell Engg to build Rs 500 cr plant to make Caterpillar’s mining equipment

The new Gainwell Engineering facility in West Bengal will manufacture Caterpillar’s medium & high seam underground Room & Pillar Equipment to support the growing coal production in India and other countries around the world.Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

Hikvision, Irida Labs tie up for intelligent manufacturing and logistics

Hikvision, an IoT solution provider with video as its core competency, has formed a new technology partnership with Irida Labs, a vision AI solution provider from Europe, to integrate its IP cameras and HikCentral software with Irida Labs’ PerCV.ai Industry 4.0 Package.Read more

Yanmar starts production at new industrial engine plant in India

Yanmar Engine Manufacturing India Pvt Ltd (YEMI) - a part of Japanese firm Yanmar - has commenced production at its new state of the art industrial engine manufacturing plant located at the Origins Industrial Estate in Tamil Nadu.Read more

Balu Forge buys Mercedes Benz’s German precision machining unit

Balu Forge Industries Ltd (BFIL) - the Mumbai-based manufacturer of fully finished and semi-finished forged crankshafts and other forged components for automotive industry - has acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim (Germany). Read more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Gandhi Automations offers complete logistics solutions

The company’s dock levelers and sectional overhead doors are equipped with the most secure safety devices and accessoriesRead more

Equipping robots made easy with igus’ QuickRobot online tool

New version of the robot equipment configurator finds the right energy supply system for cobots, SCARA and industrial robotsRead more

India’s engineering goods exports up 54% in 9M of 2021-22

Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20.Read more

Construction equipment sales in India drops by 23% in Q3 FY22: ICEMA

The construction equipment sales suffered on account of multiple factors, the most noteworthy being the significant slowdown in road construction activity, according to the Indian Construction Equipment Manufacturers Association (ICEMA).Read more

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