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AiMeD seeks monitoring of MRP of imported medical devices Monitoring of maximum retail price (MRP) of imported medical devices into India has been demanded by medical device manufacturers to provide truly affordable rates to the Indian consumers. In its Pre-budget memorandum to the Finance Ministry, Association of Indian Medical Device Industry (AiMeD) has highlighted that reduction of import duty on devices is an effort of the government that going in...

Jupiter International to invest Rs. 6,500 Cr in capacity expansion Jupiter International, a leading manufacturer of photovoltaic solar cells and provider of solar power solutions, announced plans to invest Rs. 6,500 crore over the next three years to expand its capacity across wafer production, solar cell manufacturing, and module assembly. Commenting on this, Alok Garodia, Managing Director, Jupiter International said, “At Jupiter, we are not just building capacity; we are redefining...

Application Park at HANNOVER MESSE to present robotics applications With new and exciting robotics applications, the Application Park will be one of the highlights of HANNOVER MESSE this year too. There, intelligent robot systems, autonomous driving devices in operation, the latest AI applications in robotics, image recognition tools and virtual platforms will be on display. Modern robots are increasingly taking on high-precision tasks that require maximum accuracy. Thanks to the use...

IMTMA, AceMicromatic join hands for productivity excellence in manufacturing Indian Machine Tool Manufacturers' Association (IMTMA) and AceMicromatic Group have entered into a strategic partnership for productivity excellence in manufacturing. IMTMA and AceMicromatic Group have partnered to host National Productivity Summit since 2015. Continuing its partnership with IMTMA, AceMicromatic Group will sponsor the National Productivity Summit for a term of five years from 2025 onwards. The signing ceremony held today at AceMicromatic Group...

Waaree Energies starts trial production at 5.4 GW solar cell facility in Gujarat Waaree Energies, a leading solar PV module manufacturer, has announced the commencement of trial production at its cutting-edge 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. This milestone marks a significant step toward the company's vision of fostering backward integration within the solar energy ecosystem. The state-of-the-art plant is designed to produce high-efficiency solar cells, catering to...

SANY India expands Pune facility; boosts production capacity SANY India, a leading manufacturer of construction equipment, has inaugurated a state-of-the-art factory at its sprawling 90-acre manufacturing facility in Pune. This expansion is a significant stride in enhancing production capacity and localized manufacturing in India. Further reinforcing SANY`s commitment to the Indian market and developing India as a global sourcing hub. Designed with advanced, process-driven manufacturing methodologies, the new facility is a...

Beckhoff launches AX1000 economy servo drive for low to mid-range power requirements The new AX1000 from Beckhoff is a highly optimized servo drive that is fully integrated into the TwinCAT system. Despite its extremely compact design, it offers features that are similar to those of the larger drives of the AX series. The AX1000 economy servo drive offers an economical solution without compromising on the highest technological standards. It is available...

Schneider Electric wins Indian Company of the Year 2024 award Frost & Sullivan recently assessed the metering industry, and based on its analysis, it has recognized Schneider Electric India Pvt Ltd (SEIPL) for the 2024 Indian Company of the Year Award. Schneider Electric India Pvt Ltd (SEIPL) is the Indian arm of Schneider Electric, a global leader in digital transformation of energy management and automation. A recognized name in India’s...

Khalsa EV launches new line of battery-operated 3-wheelers Khalsa E-Vehicles Pvt. Ltd, a Muzaffarnagar-based commercial electric vehicles manufacturer, launched its new line of battery-operated three-wheelers in the presence of Union Minister of State for Road Transport and Highways Ajay Tamta at the 21st EV Expo being held at Pragati Maidan, New Delhi. Khalsa EV inaugurated its latest three-wheeler model L5, named ‘Luka’, which is powered by high-speed Lithium-ion battery with a...

Restoring the competitive edge with innovations  | EMO 2025 EMO, one of the world's leading trade fairs, showcases innovative technologies in new fields of application The mood in the manufacturing sector could be better. A weak global industrial economy, geopolitical tensions and trade conflicts as well as structural challenges are increasingly weighing on European industrial goods manufacturers. It's no wonder that Germany, as the third largest mechanical engineering nation in the...

Schwing Stetter India announces 20% revenue growth in 2025 Schwing Stetter India, a leading manufacturer of concrete construction equipment in India, announced a 20% revenue growth target for 2025 during its participation in bauma CONEXPO 2024 in New Delhi. The company showcased over 45 advanced machines, including 25% new products - launched crushers (under the material handling category) and upgraded models across construction equipment, concreting, and batching plants at Hall...

SANY India Redefines Development with Revolutionary Equipment as ‘Chariots of Development’ at bauma CONEXPO SANY India, a leading manufacturer of construction equipment, have inaugurated its stall at the Bauma Conexpo 2024. With the theme ‘Chariots of Development,’ SANY India emphasizes its commitment to contributing to India’s ambitious vision of Viksit Bharat at 2047 and further driving the infrastructure growth and development. The product showcase celebrates the pivotal role of construction equipment...

Deutsche Messe, German Hydrogen Assoc. invite entries for H2Eco Award In the run-up to HANNOVER MESSE 2025, Deutsche Messe AG and the German Hydrogen Association (DWV) are now jointly inviting entries for the H2Eco Award. This is set for presentation on 1 April 2025 on the stage of the Public Forum Hydrogen + Fuel Cells EUROPE during the world's leading trade fair for industry. The closing date for companies and...

RBI holds repo rate: What it means for India’s real estate sector The Reserve Bank of India (RBI) on Friday kept the key repo rate unchanged at 6.5% in its monetary policy review. This marks the 11th consecutive instance of no change in the rate, providing no immediate relief for home loan borrowers. Consequently, home loan interest rates are expected to stay steady for the time being, influencing potential homebuyers'...

Hannover Messe 2025: An Unmissable Show for Indian Exhibitors & Visitors Hannover, Germany, is set to host the world’s premier trade fair for industry, Hannover Messe 2025, from 31 March to 4 April 2025. A beacon of industrial innovation, this event promises to redefine the contours of industrial transformation, offering unmatched opportunities for exhibitors and visitors worldwide, including a significant presence from India. With an impressive lineup of 5,000 exhibitors, Hannover...