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Tata Motors names Marc Llistosella as new MD & CEO Tata Motors announced the appointment of Marc Llistosella as the Chief Executive Officer and Managing Director of the company effective 1st July 2021. N Chandrasekaran, Chairman, Tata Motors said, “I am delighted to welcome Marc to Tata Motors. Marc is an experienced automotive business leader with deep knowledge and expertise in Commercial vehicles over his illustrious career and has extensive operational...

Vedanta launches new Aluminium Cylinder Head Alloy at ACMA 2021 Vedanta Limited announced the formal launch of its newest product, the aluminium Cylinder Head Alloy, a critical raw material for manufacturing cylinder heads and other automotive components. This is the company’s latest value-added offering in its aluminium product line, which caters to various raw material requirements of the automotive industry. The Cylinder Head Alloy leverages material design to help automakers increase...

Blue Star expands its Commercial Refrigeration footprint Air conditioning and commercial refrigeration major, Blue Star Limited, today announces the launch of a new range of commercial refrigeration products and solutions which are ideal for storing vaccines. These comprise specifically designed, temperature controlled refrigerators and transporters, which are integral for building a robust ecosystem for vaccine distribution in India. The company has launched Ice Lined Refrigerators (+2°C to +8°C) which is ideal...

OLA to deploy ABB robotics at its electric scooters factory Ola, one of the leading mobility companies in the world, today announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the much-anticipated Ola electric scooter. Ola’s scooter mega-factory, billed to be the world’s largest scooter factory, is expected to be ready and operational in...

Schneider Electric introduces software-centric industrial automation system in India Schneider Electric, the global leader in digital transformation of energy management and automation, today unveiled its vision for universal automation and the first of its kind, EcoStruxure Automation Expert, a new category of software-centric industrial automation system. Through this launch, the company aims to accelerate its drive to help customers unlock the full potential of the Fourth Industrial Revolution and unleash...

Kerala launches ‘Knowledge Mission’, aims to create 20 lakh jobs for youth Kerala government has launched ‘Knowledge Mission’ which aims to transform the state to a knowledge economy. Inaugurating the Mission, Kerala Chief Minister Pinarayi Vijayan informed that the mission will promote innovative ideas, coordinate knowledge initiatives and equip young people with updated skills. At the heart of the initiative is a comprehensive digital platform for educated youngsters which help...

201 MoUs, product launches and technology transfers concluded at Aero India 2021 A total of 201 MoUs, product launches and technology transfers were concluded at the Aero India 2021 held in Bengaluru. Defence Minister Rajnath Singh informed that 128 MoUs, 19 technology transfers, 4 handing overs, 18 product launches and 32 major announcements were made at Aero India this year. These included the formal handing over of the Advanced Light...

India Smart Utility Week 2021 to be held on 02 – 05 Mar International Experts from Government Institutions, Regulatory Commissions, Think Tanks, Academia and Technology Companies from all Continents are expected to join the Conference and share their experiences and expertise India Smart Grid Forum, a PPP initiative of Government of India, is organising the 7th edition of their annual flagship event - India Smart Utility Week (ISUW 2021) from 02...

Dassault Systèmes showcases digitalization solutions at Aero India 2021 With the theme of showcasing “Digitalization to realize a thriving Aerospace, Defense and Space ecosystem,” Dassault Systèmes at the 13th edition of Aero India 2021 showcases technology solutions to Improve Supply Chain Collaboration, to Design for Flexible Manufacturing, to Manage Complex Systems and Accelerate Program Integration and to Deliver High Performance Operations. Experts from Dassault Systèmes will be present at booth...

“Budget focuses on reviving the economy” With its extensive focus on infrastructure and healthcare, the Budget FY21-22 clearly focuses on reviving the economy. The key pillars such as health and wellbeing, capital and infrastructure, inclusive development, enhancing human capital, innovation and R&D and minimum government and maximum governance rightly identifies the core areas for sustained growth and provides considerable thrust towards an Atmanirbhar Bharat. The emphasis on further expanding the...

Construction equipment industry lauds Union Budget 2021 Construction equipment industry lauds Union Budget FY21-22 for its bold attempt to address the huge disruption caused by the pandemic. Despite the backdrop of the huge fiscal deficit of 9.5 % for FY21 and an estimated deficit of 6.8 % in FY22 the government has outlined robust measures to boost health care infrastructure, focus on infrastructure development, power sector reforms, promoting innovation and...

Investment in Infrastructure, Railway and Discoms will boost Electrical Equipment Industry: IEEMA Indian Electrical and Electronics Manufacturers Association (IEEMA) welcomed the Union Budget announced by the Union Finance Minister Nirmala Sitharaman, as a “balanced budget”. Reacting on the budget Anil Saboo, President – IEEMA, said, “A figure of Rs. 3.05 Lakh Crore will be invested in Discoms for improvement of feeder separation, prepaid Smart Metering and upgradation of systems. This investment...

Budget brings a major impetus to health care reform The health care proposals in the 2021 Union budget, aligned with the vision of Atmanirbhar Bharat, have given a major impetus to health care reform in the country. It reflects the emphasis on three major aspects of prevention, healing and well-being involving primary, secondary and tertiary healthcare, which in turn will generate more jobs. Undoubtedly, the 138% increase of health and well-being...

Will indirectly help boost the housing demand: NAREDCO Maharashtra The Government has put their best efforts to put the economy back on track after the adverse effects of Covid-19 pandemic that the entire country went through. It has focussed a lot on infrastructure in this budget. This will indirectly help boost the housing demand especially in the Tier II and Tier III cities. The Government's decision to further infuse Rs. 20,000...

“Focus on healthcare infra is a positive step” The FY22 Budget is in line to support recovery of Indian economy while keeping the overall policy stability and fiscal discipline in perspective. COVID 19 pandemic is an unprecedented time and has brought importance to healthcare in India. The focus on healthcare infrastructure in FY22 Budget is a positive step towards growth with a 137% increase in allocation to the sector at...