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Indian logistics sector has witnessed a significant sequential recovery: ICRA
Logistics companies have also managed to arrest extent of earnings contraction through adoption of cost control measures, freight rate hikes etc. The recovery has also been visible across other modes of transportation as well - rail freight traffic and port freight volumes have both reported growth, although the latter at a slower pace than other modes.Read more
JICA signs loan pact of JPY 10 Billion with TCCL to support RE business
JICA’s loan will support TCCL to mitigate the impact of climate change by offering green finance, which will contribute to decrease the emission of GHG in India. It will also contribute to SDGs (Sustainable Development Goals) Goals 7 and 13.Read more
KBL supplies VT pumps for Mettur Surplus Water project in Tamil Nadu
KBL is the primary supplier of Vertical Turbine (VT) pumps and commissioned the relevant pump houses for the scheme. About 4,238 acres of agricultural land would be irrigated from the scheme, which will positively influence the lives of around 16.44 lakh farmers.Read more
What trends are impacting metal casting?
Various factors are forcing the metal casting industry to reevaluate its approaches to stay competitive. Emily Newton discusses some of the important trends that will have a significant impact on the industry’s future.Read more
Auto component major BorgWarner aims to grow EV revenues to 45% by 2030
As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more
Softing Industrial integrates CNC data into industrial edge applications
Softing expands its dataFEED edgeConnector product family which is based on Docker technology. The new product supports easy access to data from SINUMERIK 840D controllers and makes it available on edge devices or virtual environments via OPC UA and MQTT. Read more
Danfoss merges heating & cooling verticals to form Climate Solutions segment
Danish firm announces Climate Solutions India team. Anuraaga Chandra, who previously led Danfoss Cooling Sales will now be Head India Sales for Danfoss Climate Solutions and will report to Ravichandran Purushothaman, President – Danfoss India Read more
Konica Minolta India launches colour and monochrome models of printers
Japanese firm Konica Minolta’s new range - comprising four colour and three monochrome models - are designed for modern printing needs in India. These cost-effective printing machines provide greater flexibility, productivity, efficiency, safety and security.Read more
Cole-Parmer is now Antylia Scientific
Formerly Cole-Parmer Instrument Company, Antylia Scientific will continue to build on the platform of unique products and expert customer supportRead more
Shortage of raw materials hits global adhesives industry
German adhesives manufacturer Jowat SE faces a disruption to the supply of key raw materials and adhesive intermediates caused by outages at several European and American chemical manufacturersRead more