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Pai Machines buys manufacturing asset of L&T Construction Equipment’s unit

Pai Machines acquired the plant with a capacity to produce more than 1,800 units, featuring machines ranging in cost from 25 lakhs to 75 lakhs, and providing employment to over 300 people. Read more

How MSMEs will play a key role in the development of Indian manufacturing sector

Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.Read more

India imports nearly 50% of its machine tool requirements: Sameer Kelkar

Grind Master’s business is strongly export-driven, with over 50% of its revenue coming from it. Read more

Indian Chamber of Commerce hosts the 2nd Rail India Forum

The forum explored strategies to enhance the passenger experience while prioritising safety and sustainability.Read more

Gautam Solar files patent for AI-based system to detect defects in solar panels

This advanced system is designed to detect various defects, including micro-cracks, broken cells, dry soldering, latent defects, black borders, scratches, and non-functioning cells. Read more

Servotech and LESSzwei to build 100% solar powered EV charging infra in Germany

This project, named 'EnerMAAS', will create a sustainable and scalable charging ecosystem. Read more

Schneider Electric launches solutions to address AI led sustainability challenges

Additionally, to address the increased temperatures of high-density workloads, Schneider Electric recently signed an agreement to acquire a majority stake in the Motivair Corporation, enhancing its liquid cooling portfolio and strengthening its expertise in direct-to-chip liquid cooling and high-capacity thermal solutions.Read more

Samvardhana Motherson to acquire Japan-based Atsumitec for $57 million

The transaction will be executed through SAHN B.V., a wholly-owned subsidiary of Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V.).Read more

SIAM holds Automotive Sourcing Conclave 2024

The sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.Read more

India among world's top 10 exporters of high-value products

The country continues to lead the world in exporting precious and semi-precious stones, with its global market share soaring from 2.64% in 2014 to 36.53% in 2023. Read more

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