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Heavy machines are driving demand for industrial lubricants

The global market is segmented by product type — general industrial oil & grease, transmission and hydraulic fluid, metalworking fluid, gear oil, etc., as well as end user industry like heavy equipment, food and beverages, automotive, steel, and such. The global metal cutting, and machine tool accessories market is growing.Read more

LANXESS partners Siemens for supply of automation systems

Global specialty chemicals firm LANXESS is securing strong support on its growth path and intensifying its long-standing cooperation with Siemens. Read more

Mallcom is growing its PPE business with new products

Today, Mallcom is a well-known player in the field of personal safety sector as it produces numerous products for head-to-toe protection such as helmets, face masks, garments, rainwear, leather gloves, nitrile gloves, shoes, etc. Being a fully integrated manufacturer and brand owner gives Mallcom an edge over the others. They not only sell but manufacture most of the products that help them command price and quality as stated by Giriraj Kumar Mall, Executive Director, Mallcom India Ltd.Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

MAC Marketing offers high-speed rotary table bearings

MAC Marketing Corporation offers rotary indexing table bearings, popularly known as YRT bearings. Read more

SKF develops bearings to overcome challenges in EV making

The company’s technologies help automakers accelerate electric vehicle (EV) development & production. SKF addressed some of the challenges unique to EVs by redesigning the bearings and their components, such as the polymer cage, rolling components and by using special lubricating grease.Read more

Budget 2022 allocates Rs 195 bn PLI incentive for solar module production

With focus on circular economy, Budget 2022 tables proposal to co-fire 5-7% biomass pellets in thermal power plants, with expected CO2 savings of 38 mmt. It also announced four pilot projects for coal gasification and conversion of coal into chemicals.Read more

Electronic hardware companies need to invest in R&D

Manufacturers' Association of Information Technology (MAIT), established in 1982, is the apex body representing India’s ICT (Information and Communication Technology) sector. MAIT is recognised by both the Government as well as the industry for its role in the growth and development of the IT hardware industry. In this interview, George Paul, CEO, MAIT, shares his views on some of the recent policy announcements and outlook for the electronics hardware industry.Read more

Skilling is critical for power sector as it drives country’s economy

In India, being one of the biggest economies in the world with growing industrialisation, demand for power is likely to rise manifold in the near future. Read more

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