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IEEMA appoints Charu Mathur as new DG Indian Electrical & Electronics Manufacturers' Association (IEEMA), the apex association of manufacturers of electrical, industrial electronics and allied equipment in India, has announced appointment of Charu Mathur as the new Director General. Prior to joining IEEMA, Ms Mathur has served in strategic leadership positions in Amazon, world’s leading e-commerce player and CII, one of the apex national industry associations in India. She has been...

Bajaj Electricals launches unique ‘Ivora Insect Shield LED Lamp’ Bajaj Electricals has launched a ‘new to market’ offering - Ivora Insect Shield LED Lamp - that serves the dual purpose of illumination and keeping insects at bay. The innovation lies in the unique yellow -spectrum light that enables it to create an invisible insect shield and provide protection to consumers. The light’s shield works well in both indoors and outdoors...

Volvo Buses India launches India’s first 13.5m 4x2 coach Volvo Buses India, a part of VE Commercial Vehicles (VECV), has become the first manufacturer to launch a 13.5-metre 4x2 coach in India. The rear-engine bus has been developed on the modular Volvo 9400 platform that also includes the 12-metre 4x2 and 14.5-metre 6x2 configurations. Commenting on the launch, Vinod Aggarwal, MD & CEO, VECV said, “The goal of forming our bus...

Danfoss India announces half-year financial results;  records double-digit growth Danfoss in India region has recorded strong sales growth in H1 2021, driven by increasing demand for its products and service. “Expanding sales footprint, increasing channels, robust recovery in Tier II & III cities, coupled with innovative applications and localization initiatives, is driving this momentum. The demand for energy efficiency, energy storage and electrification portfolio, is leading our sales,” the company...

HMD achieves production capacity of over 1 Bn AD syringes for Covid vaccination per year Hindustan Syringes & Medical Devices Ltd (HMD), one of the leading manufacturers of Disposable Syringes in the World and possibly the largest for Auto Disable (AD) syringes has achieved their target committed to create capacities to produce over 1 Billion AD syringes for Covid vaccination per year to support the massive vaccination campaign to eradicate Covid-19...

Electrical equipment industry seeks rate revision in RoDTEP scheme The government on August 17 notified the rates and norms for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for 8,555 export items for a cost of Rs. 12,500 crore to the exchequer.  The RoDTEP scheme had kicked in from January 1, after the earlier Merchandise and Services Export Incentive Schemes (MEIS and SEIS) were scrapped as they were...

HPL Electric and Power reports revenue of Rs 129 Cr in Q1 FY’22 HPL Electric and Power Ltd has reported revenue of Rs 129 Crores in Q1 FY’22. The revenue of the company has grown by 34% year on year.  The Metering business revenue registered a strong growth of 40% YoY to Rs 49.4 crores. However, the performance of the Metering business was impacted as the inspection and dispatches was halted...

Schneider launches new generation of TeSys Giga series Motor Starters Schneider Electric, the leader in the digital transformation of energy management and automation, today announces the release of new generation of TeSys Giga series Motor Starters. The iconic TeSys Giga series has been reimagined with the latest smart digital innovations to deliver a simpler, more sustainable, safe and secure customer experience for panel builders, consulting engineers, system integrators, facility managers and original equipment manufacturers (OEMs)...

Otis India starts online order-booking for Gen2 Prime Elevators Otis India has launched a digital portal so customers can now book an order for a Gen2 Prime elevator entirely online. The company is the first major original equipment manufacturer in the vertical transportation industry to release this digital capability. Using the company’s online portal, customers can customize their order, get a live quote, and book their elevators from their mobile phone...

Siemens registers Standalone Revenue of Rs. 2,658 Cr for June quarter For the third quarter of Financial Year 2021 ended June 30, 2021, Siemens Limited registered a Standalone Revenue from continuing operations of Rs. 2,658 crore, against Rs 1,149 crore in the same period last year. New Orders from continuing operations stood at Rs. 4,341 crore as against Rs. 1,767 crore in the same period last year. The Company’s Order...

Power Minister launches “Reform and Regulatory Knowledge base for Power Sector” Power Minister R.K Singh launched “Reform and regulatory knowledge base for power sector”, an e-certification program to provide regulatory training to the practitioners from diverse backgrounds. He also launched a Regulatory Data Dashboard which is an e-compendium of data containing State-wise details of tariff and DISCOM performance. They have been developed by IIT Kanpur. The Regulatory Data Dashboard would assist...

Emerson launches new Variable Speed Scroll Compressor Solution for Commercial AC Emerson announces the launch of its new Copeland 110cc variable speed scroll compressor and 36kW inverter drive solution; both manufactured in China and available for global distribution. These new products are engineered to help save energy and provide environmentally friendly improvements for a broad range of commercial air-conditioning applications including chillers, data centers and package air conditioners, it said. “The...

Bengaluru Airport adds technology for live monitoring of temperature-controlled cargo Kempegowda International Airport, Bengaluru brings an Internet of Things (IoT) based solution to monitor temperature-controlled cargo for enabling real-time supply chain visibility. Currently available at Menzies Aviation Bobba Bangalore (MABB), one of the Cargo Terminals at BLR Airport, the technology will enable live monitoring of temperature-sensitive products such as pharmaceutical and perishables, including fruits, vegetables, meat, sea food, dairy products, cut...

ANDRITZ to completely rehabilitate Kopili hydropower plant in Assam International technology group ANDRITZ has received an order from Central Government owned utility, North Eastern Electric Power Corporation Ltd. (NEEPCO Ltd.) for the complete rehabilitation of the electro-mechanical equipment of the 200 MW Kopili hydropower plant located on the Kopili River in Dima Hasao district of Assam, India. The project is expected to be finished till third quarter 2023. ANDRITZ’s scope of...

Danfoss acquires Eaton’s hydraulics business Danfoss has officially completed its US$3.3 billion (approximately €3 billion) acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions. “The move will see the Danfoss Group grow in size by a third and establish itself as a global leader in mobile and industrial hydraulics,” the company said. Mobile hydraulics has been one of Danfoss’ core and most successful businesses for...