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LG Electronics India begins construction of third manufacturing plant in India
The government of Andhra Pradesh has approved 247 acres of land in Sri City for LGEIL’s new manufacturing facility, which is expected to generate around 1495 direct jobs. Read more
LG to set up Rs 50 billion plant in Sri City
Sri City’s Special Economic Zone (SEZ) hosts global brands across diverse sectors: Colgate-Palmolive’s facility produces over 40% of India’s toothbrushes; PepsiCo operates its largest Indian manufacturing unit sourcing mango pulp from 32,000 farmers; and major hygiene players like Kimberly-Clark and Unicharm reach vast global markets.Read more
Timken inaugurates bearing plant in Bharuch
The expansion is adjacent to Timken’s existing manufacturing facility in Bharuch and will cater to growing demand for the company’s spherical roller bearings (SRBs), cylindrical roller bearings (CRBs) and related products.Read more
Siemens wins HERMES AWARD 2025 for AI-powered industrial copilots
The industrial copilots leverage AI to enhance workforce efficiency.Read more
"Elgi Equipments sees growth in vacuum technology market."
In this interview with Rakesh Rao, Dr Jairam Varadaraj, Managing Director, and Anvar Jay Varadaraj, Chief Operating Officer, of Elgi Equipments Ltd, elaborate on the company’s future plans and industry trends.Read more
Elgi Equipments releases Q4 FY24-25 results
The company, on a consolidated basis posted a PAT of Rs 947 million for the quarter, compared to a PAT of Rs 913 million in the same period in 2023-2024, representing a growth of 4%. Read more
AI models could be biased in algorithm design: Vandana Iyer
In conversation with Sanskriti Ramachandran, Vandana Iyer, Research Director-TechVision, Frost & Sullivan, talks about the extensive use of AI and automation in the pharmaceutical industry.Read more
Siemens Xcelerator backs Panasonic’s digital transformation of home appliances
The move aims to enhance Panasonic's enterprise value and drive digital transformation (DX) easier, faster and at scale by moving to a cloud-based implementation.Read more
Altair and LG Electronics develop multi use solution to extend product lifespans
This collaboration allows users to identify and rectify potential issues at the design stage, significantly extending product lifespans.Read more
Govt reopens application window for PLI scheme for AC & LED light manufacturing
This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more