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JLL Facilities Management launches IDEA Lab - PropTech startup incubation cell
JLL, India's largest real estate services firm, announced the launch of IDEA Lab, an incubation cell, to tap into the ecosystem of startups and vendor partners and to bring the best of technology applications, tools and solutions with an aim to drive client experience and productivity.Read more
Four banks join Invoicemart TReDS platform to facilitate MSME suppliers
Four leading banks - Standard Chartered Bank, Allahabad Bank, Vijaya Bank and Yes Bank, have joined the digital invoice discounting platform Invoicemart - promoted by A. TREDS Ltd (a joint venture between Axis Bank Ltd and B2B e-commerce company Mjunction Services Ltd).Read more
KSB Pumps bags the largest order worth INR 4130 Mio to supply primary coolant pumps to NPCIL
With the Indian Government’s ambitious growth plans in the energy sector, and the aim to raise contribution in indigenous manufacturing under 'Make in India' initiative, M/s Nuclear Power Corporation of India (NPCIL) awarded an order worth INR 4130 Mio to KSB Pumps Limited for supply of 8 nos. primary coolant pumps - RSR 400/2 with related accessories.Read more
AkzoNobel India inaugurated powder coatings facility in Mumbai
AkzoNobel, a leading global paints and coatings company, reinforced its commitment to the Indian market with the inauguration of its powder coatings facility, with an investment of INR 650 million. Located in Thane, Mumbai, this is AkzoNobel’s sixth facility in India.Read more
Magellan Aerospace breaks ground for new manufacturing and assembly plant in India
Magellan Aerospace hosted a traditional groundbreaking ceremony for the company's new manufacturing and assembly facility in India. The new 140,000 square foot building will be constructed on seven acres in Hitech Defence and Aerospace Park (Aerospace SEZ Sector) in Devanahalli, Bengaluru, near the Bangalore International Airport.Read more
Bosch packaging technology wins German Design Award 2018
The Sigpack VPF (Vertical Platform for Flat Pouches), the first freely scalable flat pouch machine from Bosch, has been honoured with the German Design Award 2018 in the excellent product design category. The German Design Council presents the prestigious award on an annual basis.Read more
Adient breaks ground on India's largest-ever automotive seating prototyping and testing facility
Adient (NYSE: ADNT), the global leader in automotive seating, today announced that it has broken ground on a state-of-the art automotive seating prototyping and testing facility in Pune that will be the largest of its kind ever to be built in India. Construction of the new facility marks a major expansion of Adient's existing technical center in Pune, already a world-class facility with the largest workforce among the automotive seating supplier's global network of tech centers.Read more
Slewing ring bearing from igus facilitates equipment monitoring
The lubrication-free and maintenance-free polymer slewing ring bearings from igus are suitable for installations where reliability is required. In order to avoid failure of the bearings and an unscheduled shutdown of equipment, igus has now developed the intelligent isense slewing ring bearing.Read more
Danish pumps maker Grundfos opens new manufacturing facility in Gujarat
Denmark-based Grundfos, one of the leading global manufacturers of energy-efficient pumps, yesterday inaugurated its manufacturing facility in Dantali, Gujarat. Read more
KU Sodalamuthu and Co. wins regional export award
The Coimbatore based KU Sodalamuthu and Co. Pvt Ltd has won the regional export award from the Engineering Export Promotion Council in recognition of their achieving highest export performance during the year 2015-16 in the category 'Special Trophy - Medium Enterprise'.Read more