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Strategic Partnership with Seco Tools working good for Permedica
Business has been growing so quickly for Italian medical implant manufacturer Permedica that it can barely keep up with demand. However, a new strategy for its CNC department, in partnership with Seco Tools, has started to make a powerful increase to its productivity.Read more
Global specialty chemical firm Lubrizol to invest $ 150 mn in India
As part of this investment plan, Lubrizol and Grasim Industries will set up India’s largest CPVC resin plant in Vilayat (Gujarat). Lubrizol will also double its existing CPVC compound capacity at Dahej (Gujarat), from existing 70,000 MT to 140,000 MT. Read more
FDI in manufacturing increases by 76% due to PLI Schemes
PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more
Detroit Engineered Products launches updated version of MeshWorks 2023
This latest version of product has numerous enhancements and performance improvements, as well as novel features that open up many possibilities for engineering simulation in design and analysis.Read more
L&T Hydrocarbon wins EPC & Installation project for new offshore structures
L&T Energy Hydrocarbon is executing several domestic and international offshore projects and is committed to building its regional presence in geographiesRead more
FLASH appoints Rajnish Diwan as Chief Executive Officer
Pune-based FLASH Electronics appointed Rajnish Diwan as CEO who will be responsible for the strategic direction of Flash operations in India for the new automotive business trends that is connected, autonomous, shared, and electrified mobility solutions.Read more
Vipul Organics’ annual results for FY23 shows increased sales by 35% Y-o-Y
Vipul Organics, the Specialty Chemicals company in the pigments and dyes segment, announced their annual results. Total Revenues marginally up despite multiple headwinds. On a standalone QoQ basis, Q4 revenues up by 12.37%, PAT up by 181%.Read more
SIAM hosts conference Towards Vision India@2047on World Environment Day 2023
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference coinciding with the commemoration of World Environment Day 2023, inaugurated by Ashwini Kumar Choubey, Union Minister of State for Environment, Forest and Climate Change, Government of India.Read more
Production Linked Incentive: Boon for the Medical Devices Industry in India
India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more
L&T flags off reactors to Mexico’s second largest refinery
The Heavy Engineering arm of Larsen & Toubro, flagged off 5 nos. reactors for PEMEX’s Miguel Hidalgo (Tula) refinery in Mexico.Read more
