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TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation

The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more

Mahindra & Volkswagen comes together for EV Components

In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more

Schaeffler India acquires fast-growing B2B e-commerce platform Koovers

Koovers is a brand of KRSV Innovative Auto Solutions Private Limited. Schaeffler has acquired 100 per cent of the company’s shares via a share purchase agreement.Read more

KKR Acquires majority stake in pallet pooling platform LEAP India

The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more

Festo’s patented VTEM is first digitalised pneumatics platform in the world

The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more

Goldstone Technologies, Quantron AG to forge a joint venture to build digital platforms

Goldstone Technologies Limited (GTL) and e-mobility major Quantron based in Germany are to set up a joint venture (JV) in Augsburg, Germany and Hyderabad to build digital platforms offering sustainability services.Read more

Godrej Capital launches Nirmaan, a digital platform for MSMEs

Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future.Read more

Dürr and iTAC together develops modular MOM system to bundle digital factory functions

The Dürr Group comes together with its subsidiary iTAC Software to presents a complete, single source solution for production planning and control at the Hannover Messe trade fair at their booth. The Modular MOM system bundles all functional areas of the digital factory together.Read more

ANEVOLVE POWERTRONICS opens factory to make power electronics in Bhiwadi

The cleantech-centric platform of ANAND Group, ANEVOLVE launched its first production facility at Bhiwadi, Rajasthan. The world-class factory powered by AI, ML and interactive equipment will manufacture power electronics for EV chargers, AC/DC converters, inverters, and consumer durables.Read more

Hannover Messe, a leading platform for hydrogen and fuel cells

At the upcoming trade fair, Hannover Messe, running from 17 to 21 April, around 500 companies will be presenting their solutions for hydrogen production, transport, storage and consumption. By 2030, the EU Commission wants to install electrolyzers with a capacity of at least 40 gigawatts to produce 10 million tons of green hydrogen in a phased-in process.Read more

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