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Blue Energy Motors to set up 30,000 EV truck plant in Maharashtra Pune-based Blue Energy Motors Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum in Davos. The company plans to invest Rs. 3,000 crore to establish a manufacturing facility for producing 30,000 electric trucks. Commenting on the partnership, Anirudh Bhuwalka, CEO of Blue Energy Motors, said, “We are excited to announce...

"German Machine Tool Industry Stays Strong Amid Challenges" German Machine Tool Builders' Association predicts production decline in 2025; India emerges as a key growth market "The German machine tool industry considers itself to be in a very strong position among the international competition, despite the numerous challenges," reports Franz-Xaver Bernhard, Chairman of the VDW (German Machine Tool Builders' Association), Frankfurt am Main, at the association's annual press conference. For decades now, German...

Italy & India Business Meet in Ahmedabad on 22 Jan The Italy & India Business Meet organized by IICCI – the Indo-Italian Chamber of Commerce and Industry and ENIT – Italian National Tourist Board, with the support of the Consulate General of Italy in Mumbai and of SDA Bocconi Asia Center, will be held on 22nd January in Ahmedabad, bringing together prominent business leaders and industry experts. The event is...

Marposs to introduce Ultra Probing System at IMTEX 2025 Marposs plans to unveil its cutting-edge Ultra Probing System at IMTEX 2025 – South and South-East Asia’s largest machine tool and manufacturing technology show to be held on 23 - 29 January at BIEC, Bengaluru. The main objective of the touch probing systems is to optimize the production process of the machine tools, increasing both quality and quantity: the automatic detection of...

Klüber Lubrication displays Sustainable Solutions at Bharat Mobility Global Expo Klüber Lubrication is exhibiting its state-of-the-art solutions at the Bharat Mobility Global Expo 2025, at Yashobhoomi – IICC, New Delhi. The company’s booth, located in Hall 2 #N20 is showcasing a range of advanced products designed to enhance automotive component performance and reliability. Commenting on the company’s ‘Make in India’ commitments, Hitendra Bhargava, CEO and Regional Management Board Member Asia Pacific,...

India Inc. Backs Ban on Import of Refurbished Medical Devices The import of pre-owned and refurbished medical devices into India will remain prohibited until a regulatory framework is established for such equipment, as clarified by senior officials of the Central Drugs Standard Control Organization (CDSCO) - India's national regulatory body for cosmetics, pharmaceuticals and medical devices. This announcement reinforces India’s stance on ensuring strict compliance with medical device regulations. CDSCO regulates...

Robotics Award 2025 Nominees Announced – Here’s the List! A high-caliber jury of experts in robotics has announced the list of nominees for the coveted ROBOTICS AWARD 2025. The award honors companies that are driving pioneering developments in industry with their robot-assisted automation and logistics solutions. This year, three companies have made it onto the shortlist. The winner will be announced on 19 February during the HANNOVER MESSE Press Preview. The jury...

Simple calculation of CO2 footprint of a machine tool Experts draft practical guidelines for more transparency in the supply chain What is the CO2 footprint of a machine tool? Anyone who wants to prepare a sustainability report for a manufacturing company or document progress in greenhouse gas emissions will probably pass this question on to the supply chain. The answer is not easy: After all, a machine tool consists of tens...

ABB marks 75 years of operations in India ABB India marks 75 years of operations, a journey underscored by technological innovation, sustainable solutions, and significant contributions to India’s industrial and social development. Since its inception in 1949, two years after Indian independence, ABB India has played a pivotal role in enabling electrification, automation, and digitalization across utilities, industries, infrastructure and transportation, aligning closely with the nation’s growth priorities. ABB’s predecessor...

HSG invests $10 mn to set up new factory in India HSG Laser, a leading name in the global metal shaping industry, has announced plans to invest $10 million in establishing a new factory in India. The move is part of the company’s strategy to expand its global production network. “This strategic initiative is not only aimed at better serving Indian customers but also at creating local job opportunities and...

Finolex Cables launches FinoUltra wires with e-beam technology Electron Beam Cables Finolex Cables, a leading manufacturer of electrical and communication cables, has launched FinoUltra, a cutting-edge range of wires that leverage advanced Electron Beam (E-Beam) technology to meet the growing demands of modern infrastructure across residential, commercial, and industrial applications. FinoUltra wires utilize E-Beam technology to enhance mechanical and thermal properties, allowing them to sustain higher voltages with reduced radial thickness and...

Hartek bags 8 MW Solar EPC Contract in J&K Hartek Group’s C&I Rooftop Solar Business Unit has been awarded an 8 MW solar EPC contract by Kandhari Beverages, one of Hindustan Coca-Cola’s largest bottling plants. The project, set to become Jammu & Kashmir's largest rooftop solar installation, is scheduled for commissioning this quarter. Simarpreet Singh, Executive Director & CEO of Hartek Group, highlighted the project's significance, stating, "This remarkable 8 MW...

Hannover Fairs International to Launch HYPE Hydrogen Trade Show in Italy Hannover Fairs International GmbH (HFI), a subsidiary of Deutsche Messe AG, is set to launch a new hydrogen trade show under the name HYPE, the Hydrogen Power Expo, in Rimini, Italy from March 5 to 7, in collaboration with Italian Exhibition Group (IEG). This complements the successfully established KEY Energy trade fair, within the sphere of which the following trade...

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...