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BorgWarner to provide eMotors for leading Chinese EV brand
The eMotors will be used in the Chinese firm’s second-generation 800V propulsion system platform. The vehicle model equipped with this platform is expected to start mass production in October 2023.Read more
All set to scale new heights
India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more
Danfoss' Eaton Fluid Power starts hydrostatics production line at Pune facility
The addition of this new hydrostatics line will help improve the energy efficiency and sustainability quotient of applications where these solutions are deployed.Read more
INOX Air Products to set up 2150 TPD oxygen plant at SAIL’s Bokaro Steel Plant
INOX Air Products to set up 2150 TPD oxygen plant at SAIL’s Bokaro Steel Plant Read more
Mobile access makes industrial automation easier
Making technology work with mobile devices is an excellent way to help users access the statistics they need to make better decisions without being on-site, says Emily Newton.Read more
Parson Adhesives offers two-part PU structural adhesive PARBOND
Parson Adhesives has developed PARBOND - a high-performance two-part polyurethane structural adhesive. Read more
PLI scheme helps auto part makers ride the EV boom
A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more
Warburg Pincus acquires majority stake in Imperial Auto
Stone Plant Investments B.V., an affiliate of Warburg Pincus (a leading global private equity firm), has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies. EY acted as the sole financial advisor to Imperial.Read more
Govt selects 4 bidders for PLI scheme for ACC battery storage
The government expects direct investment of around Rs 45,000 crore in Advanced Chemistry Cell (ACC) battery storage manufacturing projects.Read more
Layam Group stands tall as a human capital value chain provider
Layam Group - a 14-year-old organisation - has achieved a turnover of Rs 150 crores with a manpower strength of 11,000 people across India.Read more
