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Global pollution control equipment market surges with regulatory push
Pollution tech market is soaring with eco-friendly innovations. Leading companies drive change for a cleaner planet.Read more
Samsung receives Rs 500 cr incentives under PLI Scheme for increased production
The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more
JSW Cement's Vijayanagar works set for 12 MTPA expansion and sustainable growth
Presently, the Vijayanagar Works manufactures both Portland Slag Cement (PSC) and Ground Granulated Blast Furnace Slag (GGBS) cement, with a current annual production capacity of 600,000 tons.Read more
Increased electric power generation solutions demand rises Perkins® 4000 series sales
India is now the second largest consumer of Perkins® 4000 Series engines in the world, due to the rapid rise in standby and prime electric power generation solutions for data centres and the growing infrastructure development projects underway across the country.Read more
“Price is a bottleneck for the growth and usage of lithium-ion batteries in India”
Best Power Equipments (India) Private Limited popularly known as one of the largest supplier of high-quality UPS to various OEMs widely distributed through corporate partners and system integrators. Sushil Virmani, Managing Director, BPE in this interview with Ayushi Khandelwal tells that lithium ion market is a growing trend in batteries today. India should look to quickly catch-up with the international market in production and distribution terms. Read more
Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24
Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more
Demand for drives is increasing with the rise in automation
Drives (such as variable frequency drives or servo drives) enable precise and efficient control of components - a key requirement in automation. An increase in automation could lead to a shift in the types of drives demanded, favouring more advanced and precise drive technologies, says A R Madhusudan, President, Drive Products, ABB India. In this interview with Rakesh Rao, Madhusudan highlights the importance of drives in achieving the industry's sustainability goals and the company's growth plaRead 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
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
India is a very underserved market in material handling equipment
The Indian warehousing industry is evolving over time. With the invent of digitalisation, artificial intelligence, internet of Things (IoT) the industry is taking a transformation towards automation. Godrej Material Handling has been a pioneer in this business and in this interview Neville Mevawala, Head, Sales & Marketing, Godrej Material Handling gives an overview of current trends and market potential of the warehousing and material handling Industry of India.Read more