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Bearing sector is experiencing an upsurge in demand
In this interview with Rakesh Rao, Sanjeev Taparia, Chief Sales & Marketing Officer, National Engineering Industries Ltd, elaborates on strategies to be adopted by NEI as the company aims to more than double its sales by 2025.Read more
AI startup, Cognecto raised Rs 4 Cr in a seed round led by Inflection Point Ventures
Indian company, Cognecto raised investment in the seed round by Inflection Point Ventures. It aims to uniquely combine IoT, AI-driven operational analytics, and managed services to unlock a new level of efficiency in Heavy Equipment. The startup was also named one of the most innovative startups by IIT Delhi in 2023.Read more
Godrej Capital launches Nirmaan, a digital platform for MSMEs
Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future.Read more
Fuji Electric wants to provide made-in-India products with Japanese technology
Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more
European trade show, LABVOLUTION presents 12 innovative start-ups
12 young companies will present themselves at the flagship European trade show LABVOLUTION. The event organised by Deutsche Messe at Hannover, Germany, from May 9 to 11 will showcase the new products, technologies and applications for the smart labs.Read more
BPE deploys power critical equipment in 40+ healthcares across India
BPE (Best Power Equipments) announced that it has spread and installed more than 120 power backup solutions. The company has deployed UPS series EPX and GTX UPS in Zydus Healthcare Limited, Cadila Pharma, Medanta hospital and Acculife Limited (Nirma Group).Read more
Schmalz India opens new plant to make handling systems in Pune
The company is aiming to double its turnover to Rs 100 crores in the next two years. Schmalz India has share of 35 per cent and 50 per cent in vacuum automation and handling systems markets, respectively.Read more
Schmalz India aims for Rs 100 cr turnover; opens new plant in Pune
The new plant will manufacture the handling systems which it has been providing till date from Germany. The products will now be assembled in India and also certain parts will be localised.Read more
Numeric establishes centre of excellence for UPS maintenance
Under the aegis of the Legrand CSR initiative, Numeric, one of the leading UPS manufacturers in India, has set up a Centre of Excellence at GLA University, Mathura, to roll out a UPS maintenance training program for students aimed at generating industry ready talent.Read more
Best Power Equipments wins Business Excellence Award
India's end-to-end strategic power solutions provider Best Power Equipments (BPE) recently won and sponsored the Business Excellence Award in association with the BCE (Business Club of Entrepreneurs) to celebrate the achievement of employers, employees, and best business practices.Read more