Industry News Articles Current Technical Analysis, Views & Updates
Industry News Articles Current Technical Analysis, Views & Updates
Schmersal expands its workplace in India
Schmersal expands its workplace in India
Schmersal, a leading provider of machine safety solutions and services, has announced the inauguration of its expanded office on the 6th floor of Nucleus Mall in Pune. This new location represents a major milestone for the company, as it signals its continued growth and expansion in the Indian market.The extended place is designed to provide a comfortable and welcoming space for employees, customers, and...
Electrical & Power
Union Budget 2023 | Reaction from Bhupesh Arora, Business Head, Digital Energy, Schneider Electric India
Union Budget 2023 | Reaction from Bhupesh Arora, Business Head, Digital Energy, Schneider Electric India
The Union Budget 2023 demonstrates the government's commitment to building and expanding the infrastructure sector to boost the economy. We welcome the government’s move to announce an enhanced outlay on capital investment by 33.4% to Rs. 10 lakh crore, for the infrastructure sector. This will result in more employment creation, increased manufacturing capacities, and the energy sector's...
Electrical & Power
Union Budget 2023 | Reaction from Shivaji Waghmare, CEO, Fuji Electric India
Union Budget 2023 | Reaction from Shivaji Waghmare, CEO, Fuji Electric India
I think Budget 2023 is growth-oriented and it strikes a balance between economic growth and social welfare. It is great news that the budget has provided Rs 35,000 crores priority capital investment towards energy transition and net zero objectives, and energy security. We appreciate the move to extend customs duty exemption to the import of capital goods and...
Electrical & Power
Union Budget 2023 | Reaction from N Venu, MD and CEO, India and South Asia, Hitachi Energy
Union Budget 2023 | Reaction from N Venu, MD and CEO, India and South Asia, Hitachi Energy
InfrastructureIndia needs commensurate infrastructure development to reach its goal of becoming a 5 trillion economy. Over many years, the governments have been investing in capex, pumping the much-needed energy to keep the economy sanguine.This is well reflected in the Economic Survey of 2022-23; Capital Expenditure (Capex) of the central government increased by 63.4...
Healthcare
Union Budget 2023 | Disappointing Budget for Medical Devices Industry | Budget Reactions
Union Budget 2023 | Disappointing Budget for Medical Devices Industry | Budget Reactions
Rajiv Nath on behalf of the Indian Medical Devices Industry expressed deep disappointment and anguish over the Union Budget 2023 giving “cold shoulder” to the Indian medical device industry.His reactions:
It is highly disheartening that against Industry’s expectations and assurance by the various Govt. departments, the government has not announced any measures to help end the 80-85% import...
Electrical & Power
Captain Electrical to set up new manufacturing plant in Maharashtra
Captain Electrical to set up new manufacturing plant in Maharashtra
The new factory will produce its new range of premium products called AVE for customers around the globe.Captain Electrical Industries announces the setting up a new plant in Maharashtra’s Palghar, with the goal of doubling its manufacturing capacity upgrading from 24,000 sq ft to 150,000 sq ft and creating over 250 job opportunities for the locals.The company's commitment to continual...
Industry News Articles Current Technical Analysis, Views & Updates
VDMA, ZVEI and Deutsche Messe announce joint staging at HANNOVER MESSE 2023
VDMA, ZVEI and Deutsche Messe announce joint staging at HANNOVER MESSE 2023
Connectivity is at the heart of digital transformation in all sectors of our economy and society. Wireless communication systems offer enormous opportunities for flexible, scalable connectivity tailored to the specific needs of industry, opening up unimagined opportunities. At HANNOVER MESSE 2023, the three partners VDMA, ZVEI and Deutsche Messe will be jointly presenting the “Industrial Wireless Arena +...
Industry News Articles Current Technical Analysis, Views & Updates
IMTEX, Tooltech & Digital Manufacturing 2023 – A Showstopper for Manufacturing
IMTEX, Tooltech & Digital Manufacturing 2023 - A Showstopper for Manufacturing
Snapshot: 991 Exhibitors; More than 96,000 Visitors; 23 Countries; 5 Country PavilionsThe 20th edition of IMTEX, a showstopper for manufacturing industry concluded successfully. The show organised by IMTMA was held from 19th to 25th January at Bangalore International Exhibition Centre.IMTEX 2023 focused on metal-cutting machine tools and manufacturing technologies. The exhibition was held in an area of 77,000 square...
Electrical & Power
MSETCL bags SKOCH award for using drones for patrolling of EHV Transmission Lines
MSETCL bags SKOCH award for using drones for patrolling of EHV Transmission Lines
Maharashtra State Electricity Transmission Company Limited (MSETCL) have been declared the prestigious ‘Silver’ award winner for using drone technology for patrolling of Extra High Voltage (EHV) Transmission Lines. The 76th SKOCH awards were recently announced in New Delhi and MSETCL bagged this award in the power and energy category. The company is using the drones for inspecting...
Electrical & Power
B&R introduces a new PLC family: X20 Embedded
B&R introduces a new PLC family: X20 Embedded
B&R introduces a new PLC family: X20 Embedded. The PLCs combine high performance and numerous integrated interfaces in a housing only 55 mm wide. That makes them only half the width of comparable devices.With their powerful Intel Atom processors, the new PLCs are also suitable for demanding applications with short cycle times. The compact devices can even control a full-fledged robotics application....
Industry News Articles Current Technical Analysis, Views & Updates
Siemens Mobility bags €3 bn project from Indian Railways
Siemens Mobility bags €3 bn project from Indian Railways
Siemens Mobility has received an order for 1,200 locomotives of 9,000 horsepower (HP) from Indian Railways, marking the single largest locomotive order in the history of Siemens Mobility and single largest order in the history of Siemens India. The contract has a total value of approximately €3 billion, excluding taxes and price variation.Siemens Mobility will design, manufacture, commission and test the...
Electrical & Power
RSB Transmissions partners with Israel’s EVR Motors to electrify India’s LCV market
RSB Transmissions partners with Israel’s EVR Motors to electrify India’s LCV market
RSB Transmissions (I) Ltd, as part of diversification, has made entry into EV segment to tap wide market potential in LCV segment by partnering with EVR Motors, Israel, who are leading design innovators in EV segment and created benchmark to make EVs more effective and accessible with rich portfolio of global clientele. The agreement was signed in the...
Industry News Articles Current Technical Analysis, Views & Updates
Freudenberg showcases sustainable solutions at Auto Expo Components 2023
Freudenberg showcases sustainable solutions at Auto Expo Components 2023
Germany-based global technology group Freudenberg companies participating in Auto Expo include Freudenberg Filtration Technologies (FFT), Freudenberg Home and Cleaning Solutions (FHCS), Corteco and Klüber Lubrication along with OKS and SurTec. Freudenberg booth is located at the German Pavilion, Booth No. 5.21 Hall No. 5.“India's automobile industry has developed over the past few years, offering a diverse selection of vehicles, including electric...
Electrical & Power
Socomec India announces appointment of Meenu Singhal as New Regional MD
Socomec India announces appointment of Meenu Singhal as New Regional MD
Socomec, a global specialist in low voltage (LV) power management, announced that Sushil Virmani, Regional Managing Director, will retire from its India operations effective 31st March. Meenu Singhal, a seasoned leader in industrial automation, will assume the role of Regional Managing Director as of 9th January. He will spearhead all four business applications and play a vital role in...
Electrical & Power
Atul Greentech announces its foray into electric vehicle space | Auto Expo 2023
Atul Greentech announces its foray into electric vehicle space | Auto Expo 2023
Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto Limited, today announced its foray into the electric space with the unveiling of two electric three-wheelers, Atul Mobili and Atul Energie at the Auto Expo 2023 in New Delhi. Atul Mobili is a passenger vehicle and Atul Energie is a cargo variant with distinct looks, robust build...
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Normet launches Variomec XS for underground logistics
Normet launches Variomec XS for underground logistics
Normet is a Finnish company operating globally with over 50 locations in 33...
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