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DRDO, L&T join hands for realisation of Indigenous AIP System for Indian Navy
Larsen & Toubro and DRDO under contract for realisation will work on Air Independent Propulsion (AIP) System Modules for Kalvari Class of Submarines of the Indian Navy.Read more
MOLDEX, FASTNEX to get launch at IMTEX Forming 2024
In a strategic partnership Indian Machine Tool Manufacturers’ Association (IMTMA) and Landesmesse Stuttgart signed an MoU to organise the Moulding Expo, MOLDEX India and fastening and fixing sector trade show, FASTNEX at IMTEX Forming in January 2024.Read more
Tally Solutions launches TallyPrime 3.0 to help SMEs fast-track their growth
Powered with simpler, more flexible and an easy-to-use features, the new 3.0 version of TallyPrime is a comprehensive business management solution.Read more
Vedanta appoints 34-yr industry veteran for semiconductor business in India
Mike Young is appointed as Senior Vice President, Project Management Office and Manufacturing Operations for Vedanta-Foxconn Semiconductors Limited. Mike is the former CEO of SSMC and X-Fab Sarawak.Read more
Celeros FT to sell its Filtration business unit to London’s Px3 Partners
Celeros Flow Technology under an agreement has announced to sell its Filteration business unit to private equity firm of London Px3 Partners. BofA Securities is serving as financial advisor, Ernst & Young is serving as tax advisor to Celeros FT.Read more
Cummins wins Excellence in Environment Management CII-ITC Sustainability Awards
Cummins India Limited (CIL) received Excellence in Environment Management award for the Manufacturing Sector at the prestigious CII-ITC Sustainability Awards 2022. The award recognises CIL’s innovative approaches and exemplary results in employing policy and practice to reduce company' environmental impact.Read more
Adani group efficiently managed their contractors & workers across multiple locations using Matrix solutions
Adani is widely engaged in multiple business units and ports with more than 50,000 workers under 900+ contractors employed at various locations. Matrix offered COSEC Contract Workers Management solution to the company with which the group is enjoying different benefits with increase in productivity of admin by 20 per cent.Read more
HM23: Engineering green growth
HM23: Engineering green growthRead more
Understanding the power of the PM Gati Shakti Scheme
By creating a six-point framework, the PM Gati Shakti Scheme (PMGSS) has put in place a mechanism to deal with the real challenges that are faced in infra projects. This mechanism is expected to lead India to a GDP of $ 5 trillion by 2025, says R Jayaraman.Read more
India has remarkable frameworks to support renewable power
In this interview with Rakesh Rao at Hannover Messe 2023, Chris Dartnell, SVP Power Systems Business, Schneider Electric, elaborates on how the company is helping industries in their transition towards net-zero operation.Read more