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Thyssenkrupp inaugurates a new state-of-the-art office in Pune
Thyssenkrupp, an internationally operating group of companies opens a technology center in Hinjewadi, Pune that will act as an innovation hub for thyssenkrupp to deliver digital excellence to its group companies globally.Read more
Hyundai Motor India exchanges MoU with TN govt, planning to invest Rs 20,000 Cr
Hyundai Motor India Limited (HMIL) is planning for a long-term investment in the state of Tamil Nadu for over the period of 10 years (2023 to 2032) with a plan to increase production volumes and introduce new electric vehicle models. Read more
Godrej & Boyce expands its portfolio, secures Rs 2000 Cr orders
Power Infrastructure and Renewable Energy (PIRE) business of Godrej Electricals & Electronics marks its entry into railway electrification with a project of over Rs 900 crores from Indian Railways. The business has achieved its highest order inflow ever in FY23.Read more
Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu
The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more
Tata Technologies signs MoU with TiHAN-IIT Hyderabad for SDVs, ADAS systems
Tata Technologies has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS).Read more
PSUs to build combined green hydrogen generation capacity
A government panel report states that the public oil and gas companies are planning to construct a combined green hydrogen generation capacity which will be producing 38,000 tonnes of green hydrogen annually.Read more
Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23
The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more
WIKA completes 75 years, defines future-ready business strategy
German company, WIKA Alexander Wiegand SE & Co launched its future-ready business strategy through ‘Smart in Sensing’ branding after completing 75 years as a global manufacturer. WIKA covers entire value chain in pressure and temperature, measurement technology.Read more
Annual ARC Industry Forum Asia is driving sustainability, energy transition
The Annual ARC Industry Forum Asia is organised by ARC Advisory Group in two forums this year. The event will take place in Tokyo, Japan on June 20 and Bangalore, India on July 12 to 13. Industrial Product Finder will be one of the media sponsor at the event. Read more
ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth
Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more