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India enters world´s top 10 in annual robot installations Sales of industrial robots in India reached a new record of 4,945 units installed. This is an increase of 54 percent compared to the previous year (2020: 3,215 units). In terms of annual installations, India now ranks in tenth position worldwide. These are findings of the report World Robotics, presented by the International Federation of Robotics (IFR). “India is one of the...

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23: ICEMA The significant growth in FY23 was driven by all four sub-segments of CE industry, except Road Construction Equipment, which recorded a slight de-growth of 3%. A total of 77,164 units of Earthmoving equipment were sold in FY23 – a 23% jump in sales as compared to 62,629 units sold in FY22. The sales of Backhoe Loaders and...

Centre approves National Medical Devices Policy; industry welcomes The Union Cabinet approved the National Medical Devices Policy, 2023, which is expected to facilitate an orderly growth of the medical device sector to meet the public health objectives of access, affordability, quality and innovation. The Policy will help the sector grow from the present $11 billion to $50 billion by 2030, said Union Health Minister Mansukh Mandaviya. He adds the government’s vision is to...

LABVOLUTION presents innovative use cases in smartLAB 2023 For the fourth time, renowned companies and institutions from science and industry are working together on the smartLAB. During LABVOLUTION, from May 09 to 11, they will present a realistic vision for the laboratory of tomorrow. As a special display at LABVOLUTION, the smartLAB has been outlining groundbreaking as well as practice-oriented solutions for the intelligent laboratory of the future since 2015. Led...

Mitsubishi Electric India Inaugurates CNC eXPerience Park in Bengaluru Mitsubishi Electric India CNC announced its strategic expansion in Peenya Industrial area with the launch of its new manufacturing facility and technology center named CNC eXPerience Park. “The new smart technology centre is launched to establish Mitsubishi Electric as a prime solution provider in the machine tool industry with its state-of-the-art technologies and improved delivery of supplies,” the company said. This new...

Saurabh Kumar appointed as Head of GEAPP India The Global Energy Alliance for People and Planet (GEAPP) announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition. Saurabh Kumar brings over 20 years of experience in the energy sector, with expertise across...

Schneider Electric lays foundation of its factory in Kolkata; invests Rs 140 Cr Schneider Electric, the global leader in digital transformation of energy management and next-gen automation, hosted the ground breaking ceremony of its new manufacturing plant at Prospace Industrial Park Pvt Ltd., in Kolkata. Covering an area of 9 acres, this new facility will involve an investment of Rs 140 crores. Schneider Electric aims to grow its capacity in producing products...

ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation IBM announced that ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel ­– two of the world’s leading steelmakers – has collaborated with IBM Consulting to reinvent mission-critical processes in order to boost agility, and efficiency with digital transformation. AM/NS India is an integrated flat steel manufacturer with over 600 steel grades and serves multiple...

RSB Transmissions opens its new facility in Andhra's Sri City RSB Transmissions (I) Ltd, a Rs 3000-crore-plus multi-locational global enterprise, has expanded its footprint in Sri City, Andhra Pradesh, with inauguration of a state-of-the-art plant. This is RSB’s 13th manufacturing facility and will manufacture propeller shaft assembly and cater to future requirements of customers in South India. The plant was inaugurated jointly by Rajesh Mittal, President IEBCI & Deputy President Isuzu...

Renishaw celebrates 50 years of engineering innovation  Renishaw, the global engineering technologies business, is celebrating its 50th anniversary. The company, which was founded on 4 April 1973, will mark this significant milestone with a year of global activities including open house events at its largest sites, family days for employees and a ‘50 at 50’ charity initiative which will see £150,000 donated to 50 not-for-profit organisations in the 36 countries...

Evolog launches EV charging site management platform CPO Assist Evolog Private Limited announced launch of CPO Assist, a tech-enabled EV charging site management platform. As the electric vehicle market grows, Charge Point Operators in India (CPOs) face several challenges, including scaling for PAN India operations, unreliable network uptime, high operational costs, and poor operational reports and data management. CPO Assist aims to solve these challenges by providing an aggregator platform for all...

LABVOLUTION 2023 to present innovative start-ups in Hannover Start-ups play an important role in economic growth and push innovation forward within the industry – including the various laboratory technology segments. At LABVOLUTION 2023, which will take place in Hannover, Germany, from May 9 to 11, twelve young companies will present their products, technologies and applications for the smart labs of tomorrow. Hannover. This year, twelve creative start-ups will introduce themselves to...

India, Russia discussed prospects for development of Northern Sea Route The promising projects and opportunities for the development of cooperation with regard to the Northern Sea Route were discussed at the meetings with Indian business community held in New Delhi and Mumbai. A delegation including the representatives from the Ministry for the Development of the Russian Far East, Rosatom, the Corporation for the Development of the Far East and the...

Hartek Solar bags 22 MW floating solar project from SJVN Green Hartek Solar, the renewable and solar EPC business unit of the Hartek Group, has been awarded a contract by SJVN Green Energy Limited to build a 22 MW floating solar PV power project at Nangal Pond, District Bilaspur, Himachal Pradesh. This project, upon commissioning, will become North India's largest floating solar power plant. The Project has been awarded by...

Tata Power Solar bags Rs. 1,755 Cr order; to set up 300 MW solar project in Rajasthan Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power, has received the Letter of Award (LoA) of Rs. 1,755 crore for setting up a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly called Neyveli Lignite Corporation Limited, as part of the CPSU...