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Maharashtra offers easy access to skilled manpower

Germany-based Leadec provides technical services to automotive and manufacturing companies to make their production better and more efficient. Sudhir Gurtoo, Managing Director, Leadec India Pvt Ltd, has been instrumental in setting up the company in India in 2009. In conversation with IPF, he explains advantages offered by Maharashtra to manufacturing industry and how companies can improve efficiency.Read more

Awareness of standard parts among small toolmakers is increasing

The Germany-based FIBRO GmbH is one of the leading global players in the fields of standard parts and rotary tables. According to Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt Ltd, the demand for die & mould is on the high as OEMs look to increase the local contents in the final product.Read more

Transrail’s ‘Lighting Infrastructure’ business to grow at a CAGR of 15-17% over next three years

Integrated Power Transmission and Distribution Company, Transrail Lighting Limited, is experiencing a growth trajectory in its Lighting Infrastructure business. The company expects its lighting infrastructure division’s revenue to grow at a healthy 15–17% CAGR over the next three years.Read more

Indian engineering plastics market is will grow at CAGR of over 13%

German specialty chemicals major Lanxess is one of the leading suppliers of high-tech plastics for the automotive and electronic industries.Read more

HVAC air filter market to grow at 7.09% CAGR by 2021

The analysts forecast, global HVAC air filter market to grow at a CAGR of 7.09% during the period 2017-2021. The latest trend gaining momentum in the market is growing awareness about indoor air quality.Read more

Indian firms to spend Rs 1 trillion on maintenance capex

Corporates are likely to show an unwillingness to invest in long-term projects due to muted demand and significant leverage, despite a low interest rate environment, says Priyanka Poddar.Read more

Geofencing market to grow at 27.5% CAGR to 2022

The global geofencing market size is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022 at a CAGR of 27.5% driven by the technological advancementsRead more

Industrial coatings market to reach USD 50.47 billion by 2021

Growing usage of industrial coatings in general industrial applications, as well as automotive sector is all set to escalate the industrial coatings market. The global industrial coatings market is estimated to grow at a CAGR of 5.0 per cent during the forecast period and will reach USD 50.47 billion by 2021. Additionally, growing emphasis on renewable energy facilities also drives the usage of industrial coatings. Read more

Pumps And Valves: Growing At a Steady Clip

Assurance about growth is like music to the ears. So is the case with the Indian pumps and valves industry. According to Frost and Sullivan, the compounded annual growth rate (CAGR) for the pumps and valves industry would be between 15-17% for the next five years. The pump industry is growing at the rate of 15% per year. The organised sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.Read more

Gas generator market to grow 8.01 per cent CAGR by 2021

The latest trend gaining momentum in the market is emerging alternative backup power equipment. Generators have been in use as auxiliary power equipment for a long time in residential households. However, the emergence and growing popularity of alternative backup power equipment will have a negative impact on the global gas generator market, especially the portable gas generator segment.Read more

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