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United States invites India to invest in ICT sector The United States has invited India to invest in the ICT (Information and Communication Technology) sector, particularly in the segments connected with innovation and cybersecurity. This invitation was extended by Diego Morales, Secretary of State, State of Indiana, at the inauguration of the twin events, 25th edition of INDIASOFT and the 10th Edition of the India Electronics Expo, held today in...

Medical Device Industry Urges Govt to Ensure Healthcare Security with Balanced Tariffs The Association of Indian Medical Device Industry (AiMeD) today emphasized the need for the Indian government to revisit tariff structures considering the ongoing efforts to enhance healthcare security in India and address potential challenges arising from global health crises. In a statement, AiMeD expressed concern over the recent discussions surrounding the reduction of import duties on medical devices in...

Taiwan Excellence Made Grand Debut at TIMTOS 2025 Taiwan Excellence made a remarkable debut at TIMTOS 2025, bringing together leading Taiwanese companies such as CHMER, HIWIN MIKROSYSTEM, HONOR SEIKI, YCM, HIWIN, Accutex, GIFU, CAMPRO, and Techman Robot to collectively showcase Taiwan’s innovation in manufacturing and its commitment to sustainable development. Several groundbreaking products were showcased to demonstrate Taiwan's strength in smart manufacturing, including: CHMER UA432L Green and Compact Linear-Driven Wire Cut...

Power-One Microsystems | Full Facility Tour Join us for an exclusive behind-the-scenes tour of Power-One Microsystems, one of India’s leading manufacturers of power solutions! Established in 1992 in Bengaluru, Power-One has built a strong reputation for delivering high-quality UPS systems, solar inverters, and electric vehicle chargers. With a vast network of 35+ sales and service branches across India and a workforce of 400+ dedicated employees, including 180+ in-house trained service engineers,...

1,500 Exhibitors, 400 Delegates from 80 Nations to attend INDIASOFT 2025 in Delhi The 25th edition of INDIASOFT 2025, India’s premier IT and electronics global networking event, along with the India Electronics Expo, is set to take place from March 19-21 at Pragati Maidan, New Delhi. Organized by the Electronics and Computer Software Export Promotion Council (ESC), these combined events will bring together over 1,500 Indian exhibitors and 400-plus international...

SWELECT bags over 150 MW orders; raises Rs. 290 Cr funding SWELECT Energy Systems Ltd has secured orders exceeding 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, the company has successfully raised Rs. 290 crore through Non-Convertible Debentures (NCDs) in a private placement with India Infradebt Limited. “This strategic move, secured against a portion of its Solar Power Generating Assets, has unlocked Rs. 260 crore in cash collaterals—funds that...

Karnataka Govt. signs MoU with ZEISS India to enhance eye-care in rural regions ZEISS India signed a Memorandum of Understanding (MoU) with the Government of Karnataka to improve eye-care in the rural regions of the State. Driven by the Aloka Vision Programme by ZEISS, the 2-year long “Vidya Drishti” eye-testing campaign will be jointly executed by ZEISS India and the Government of Karnataka. Under the “Vidya Drishti Program”, optometrists from...

ELECRAMA 2025 Draws 1,000+ Exhibitors, 400K Visitors The 16th edition of ELECRAMA 2025 organised by Indian Electrical and Electronic Manufacturers’ Association (IEEMA) wrapped up on a high note, firmly establishing itself as the premier global platform for the electrical and allied electronics industry. According to IEEMA, this edition broke previous records, by hosting over 1,000+ exhibitors, attracting more than 400,000 business visitor footfalls, and generating an estimated $20 billion in...

ABB Motion Ventures Invests in UptimeAI ABB Motion has announced a strategic investment through ABB Motion Ventures in the AI start-up UptimeAI, aiming to transform how industrial customers manage the health and performance of motors, drives, and related assets. The transaction consists of ABB taking a minority stake in UptimeAI. Financial details of the investment were not disclosed. The collaboration leverages machine learning and expert systems to provide customers with deep...

German machine tool industry with muted annual results 2024 Orders received by the German machine tool industry in the fourth quarter of 2024 were 7 percent down on the previous year's figure. Orders from both Germany and abroad fell by similar amounts: 7 percent and 6 percent, respectively. In 2024 as a whole, incoming orders declined by 19 percent. Domestic orders were 9 percent down on the previous year, while...

GreenCell Mobility Appoints Manish Poddar as CFO Greencell Mobility, promoted by PE firm Eversource Capital, has appointed Manish Poddar as Chief Financial Officer. In this role, Manish would be responsible for all financial aspects including fund raising, enhance governance and compliance, treasury, and investor relations etc. Manish brings over 24 years of work experience. Prior to Greencell, Manish served as Chief Financial Officer at GMM Pfaudler Ltd. Earlier, he held several key...

Bajaj Auto launches new electric 3W brand Bajaj GoGo Bajaj Auto Ltd has launched its all-new electric auto brand, Bajaj GoGo. The new brand will serve as the umbrella brand for electric autos, offering a wide range of products in the passenger and cargo segments. It boasts a range of up to 251 km on a single charge. The range is equipped with two-speed automated transmission, improving range and gradability. Bajaj...

Transrail Lighting wins new orders of Rs. 2,752 Cr Transrail Lighting Limited, one of the leading EPC players in the Transmission & Distribution (T&D) segment, has secured new orders worth ₹2,752 crore, primarily from T&D business. Commenting on this, Randeep Narang, MD & CEO, Transrail Lighting said, “We are pleased to announce our order wins of ₹2,752 crore which reaffirms our position as a trusted partner in the T&D industry. Our...

Lauritz Knudsen makes powerful debut at ELECRAMA Lauritz Knudsen Electrical and Automation (formerly known as L&T Switchgear) made a powerful debut at ELECRAMA 2025 under its new brand identity. The company unveiled advanced range of products and solutions tailored for industries, infrastructure, retail, homes, and agriculture. In alignment with the Government’s vision for a Viksit Bharat, Lauritz Knudsen, shared plans for enhancing its manufacturing and R&D capabilities in India while...

India’s Solar-Powered Tricycle Wins BRICS Award Andhra Pradesh MedTech Zone (AMTZ) has once again placed India on the global innovation map as its Solar Powered Tricycle wins the Outstanding Project Award at the BRICS Industrial Innovation Contest 2024. This breakthrough mobility solution, developed by the Assistive Technology Centre (ATC) at AMTZ, exemplifies a commitment to sustainable and inclusive healthcare technology. The award-winning Solar Powered Tricycle was officially launched by Union Minister...