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Klüber Lubrication, a brand of Freudenberg at India Steel Expo 2023

Klüber Lubrication, specialty lubricants manufacturer offers reliable operations in extreme conditions and high productivity lubrication solutions for the steel industry at India Steel Expo 2023 in Mumbai. Read more

Eaton launches Tech Day 2023 campaign showcasing cutting-edge technologies

The power management company Eston launches the campaign Tech Day 2023 under which will showcase Eaton's latest products from different business verticals—electrical, vehicle, and aerospace inside a trailer.Read more

INOX Air Products joins hands with TP Saurya Bandita for setting up captive solar plant

INOX Air Products and TP Saurya Bandita, a special purpose vehicle of Tata Power Renewable Energy are to stet up solar power project with a capacity of a 40MWp in Dhule which will supply power to all INOXAP ASUs in Maharashtra.Read more

Schneider Electric appoints Deepak Sharma as Zone President Greater India, MD & CEO, SEIPL

Schneider Electric has appointed Deepak Sharma as the new Zone President – Greater India and MD & CEO, SEIPL effective May 1, 2023. He will be taking over this role from Anil Chaudhry, who held the position for more than years.Read more

Festo continues on course for growth and innovation

The Festo Group achieved double-digit growth for another year in a row with a rise in sales by 13.4 per cent to €3.81 billion in 2022 (previous year €3.36 billion). Innovative automation is the enabler for the industrial transformation towards renewable energies, sustainable production, hydrogen and circular economy.Read more

Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO

Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more

Freudenberg shows profitability, heavy investments in 2022

Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more

RINL aims to manufacture 55,000 forged wheels, sets up a new factory in UP

Rashtriya Ispat Nigam also known as Vizag Steel, aims to produce 55,000 wheels this fiscal year. With the capacity to produce one lakh forged wheels annually, the company also sets up a factory in Lalganj, Uttar Pradesh to manufacture forged wheels. Read more

US’s ExxonMobil to build lubricant manufacturing plant in India

Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more

Mahindra Research Valley at the forefront of automotive technology

Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more

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