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Global machine tools major TRUMPF expands in India with a new Pune facility
The plant will start with TruBend 1000 series bending machines, followed by the TruLaser 1000 laser cutting machine series by 2025. "Local presence gives us the opportunity to develop tailor-made solutions for the Indian market and to exploit global synergies,” said Till Kueppers, COO at TRUMPF Machine Tools.Read more
SPIC Group to invest Rs 1,900 cr to expand capacity in Tamil Nadu facilities
The Group will invest Rs 1900 crore over the next two years, spanning SPIC Ltd, Greenstar Fertilizers Ltd, and Tuticorin Alkali Chemicals and Fertilizers Ltd.Read more
We are relocating to a larger space in nearest Industrial Estate of Vadodara
Parson Adhesives India Pvt Ltd is a research based adhesive manufacturer with wide range of products suitable for industries. Bijay Kumar Nayak, Managing Director, Parson Adhesives India Pvt Ltd in this interview says that with the better solutions that are safe for humans and the environment, we can count on us to reduce our carbon emissions and create more sustainable adhesives in the coming future. The company is also looking to upgrade sales and marketing staff's skills to match their capabiRead more
Suzlon secures a repeat order of 193.2 MW from The KP Group in Gujarat
This will be part of Wind-Solar Hybrid and STU's (State Transmission Utility) tariff based project for increasing Renewable Energy contribution in the state.Read more
Aleees-Taiwan, IFFCO partner to boost non-Chinese Li battery production globally
The agreement aims to explore the transfer of technology from Aleees to IFFCO, enabling the production and establishment of lithium iron phosphate (LFP) battery cathode material plants in India and Jordan.Read more
NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka
The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Why automation is key for India's $1 trn manufacturing economy?
Manufacturing sector, which contributes approximately 16 per cent to India's GDP, aims to reach $1 trillion by elevating its contribution substantially to around 25 per cent. In this article, Rakesh Rao explains why digital manufacturing will be the key to achieve this goal.Read more
KPIT technologies drive ahead in automotive tech leadership, expands market presence
According to MD & CEO Kishore Patil, the focus is not on competing with other service providers but on being a leading player in the automotive industry.Read more
Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program
The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more