Hospitality & Facility Management
Electrical & Power
ABB starts new drives production line in Bengaluru
ABB starts new drives production line in Bengaluru
ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments.Part of the integrated campus that houses ABB’s corporate office and other business’ factories, this new production line aims...
Construction
22/7 Enterprise: Future-ready HVAC company | ACREX India 2023
22/7 Enterprise: Future-ready HVAC company | ACREX India 2023Could you please brief our viewers on 22/7 Enterprise?
22/7 Enterprise believes in creating value for its customers, stakeholders, buyers, sellers, and everyone else. We manufacture and market refrigerant branch pipe and copper fittings and assemblies for Indian and international markets. Based in Ahmedabad, we have a 100-member team and serve global markets.22/7 claims to be Future Ready. What solutions do you...
Construction
Additional 8.56 bn cum of wastewater a year needs to be treated to meet UN goals: ABB
Additional 8.56 bn cum of wastewater a year needs to be treated to meet UN goals: ABB
Global wastewater treatment capacity needs to increase annually by 8.56 billion cubic meters and investment in an additional 469 treatment facilities per year is required to meet United Nations (UN) goals. These are the findings of independent research commissioned by ABB ahead of World Water Day (WWD) on March 22.As the UN prepares...
Electrical & Power
Schneider Electric launches EcoStruxure Building Operation in India
Schneider Electric launches EcoStruxure Building Operation in India
Schneider Electric today announced the launch of EcoStruxure Building Operation for the Indian market, to enhance occupant comfort and increase building value.With unprecedented growth of infrastructure in India, buildings consume 30% of the country’s total electricity leading to a greater demand in energy. Building management systems are essential components to ensure intelligent use of energy for efficient flow of operations in a...
Construction
Ashish Modi becomes Honeywell’s India Country President
Ashish Modi becomes Honeywell’s India Country President
Honeywell today announced the appointment of Ashish Modi as country president for India. Modi will continue to retain his existing role as VP & GM for Honeywell Building Technology (HBT) India and Asia.“With his strong business acumen, leadership skills and more than eleven years of experience at Honeywell, Ashish is perfectly suited to lead the India business and build on the company’s strength...
Construction
Siemens Limited announces Q1 FY 2023 results; reports 17% Revenue growth
Siemens Limited announced results for the first quarter of Financial Year 2023 ended December 31, 2022.The company registered Profit after Tax from continuing operations at Rs. 438 crore, an increase of 80% over the same period last year driven by higher volumes, better price extraction and positive forex and commodity effects. Revenue from continuing operations was at Rs. 3,596 crore, a 17% increase over the same quarter in the...
Electrical & Power
Schneider Electric signs MoU with Nettur Technical Training Foundation for Skill Development
Schneider Electric signs MoU with Nettur Technical Training Foundation for Skill Development
Schneider Electric announced the signing of a Memorandum of Understanding (MoU) with Nettur Technical Training Foundation (NTTF), a Skilling Institution in India, to maximize the impact of training and skilling initiative among the youth of the country.Schneider Electric is actively working with various education providers and universities to create a knowledge-based quality workforce in the market by providing...
Healthcare
ZEISS Group reports 16% revenue growth
ZEISS Group reports 16% revenue growth
ZEISS Group achieved significant growth across all segments despite challenging geopolitical and economic conditions. Revenue rose by 16% to 8.8 billion euros, surpassing over 8 billion euros for the first time (prior year: 7.5 billion euros) in fiscal year 2021/22 (end of reporting period: 30 September 2022). Earnings before interest and tax (EBIT) also achieved a new peak, reaching 1.6 billion euros (prior year:...
Hospitality & Facility Management
Danfoss plans to acquire German compressor manufacturer BOCK
Danfoss plans to acquire German compressor manufacturer BOCK
Danfoss has announced the intent to acquire compressor manufacturer BOCK GmbH, headquartered in Frickenhausen, Baden-Württemberg, Germany, from NORD Holding GmbH.With over 50 years of history and assets under management of € 2.5 billion, NORD Holding is one of the leading private equity asset management companies in Germany.Developing compressors for the natural refrigerant CO2 since 1993, BOCK is a global technology leader...
Electrical & Power
Vitesco Technologies wins LEED Gold award for its Pune facility
Vitesco Technologies wins LEED Gold award for its Pune facility
Vitesco Technologies, a leading supplier of modern drive technologies and electrification solutions for sustainable mobility, received GOLD certification under the Leadership in Energy and Environmental Design (LEED) v4.1 Operations and Maintenance (O+M) for its manufacturing facility in Talegaon, Pune from Green Business Certification Inc (GBCI). “It now becomes the largest industrial manufacturing project in India to be certified under the...
Hospitality & Facility Management
Science Based Targets Initiatives approves Danfoss’ climate targets
Science Based Targets Initiatives approves Danfoss’ climate targets
Danfoss announced that its science-based target has been approved by the Science Based Targets initiative (SBTi). The SBTi has validated that the corporate greenhouse gas (GHG) emissions reduction targets submitted by Danfoss A/S are in conformance with the SBTi Criteria and Recommendations (version 4.2).The science-based target provides a clearly defined pathway for companies to reduce GHG emissions in line with the goals...
Hospitality & Facility Management
Air Products appoints Sushila Mani as MD of Prodair Air Products India
Air Products appoints Sushila Mani as MD of Prodair Air Products India
Air Products has announced appointment of Sushila Mani as Managing Director of Prodair Air Products India Pvt. Ltd. In this role, Ms. Mani will lead Air Products’ world-class Engineering, Procurement and Construction (EPC) centers in Pune and Vadodara.Commenting on the appointment, Air Products’ chief operating officer Dr. Samir J. Serhan said, “I am very pleased that Sushila has...
Construction
Hindware launches ‘Easy Clean’ Countertop Basin & Shower Enclosures
Hindware launches ‘Easy Clean’ Countertop Basin & Shower Enclosures
Hindware announced expansion of its product line by adding 12 new products. The company unveiled a new range of countertop basin – ‘Easy Clean’, packed with breakthrough technology that exemplifies automation for hygiene and freshness. At an event in New Delhi, the company also announced its entry into a new category in the bathware segment with Shower Enclosures with by Hindware...
Healthcare
IPACK-IMA brings innovation, sustainability & technology transfer to the fore
IPACK-IMA brings innovation, sustainability & technology transfer to the fore
The live return of IPACK-IMA, the first international exhibition for the processing and packaging sector in 2022, represented the synthesis of the best technological solutions in terms of research and innovation. Solutions that had remained in the plants for years and were finally unveiled at Fiera Milano to an international audience that responded very well in terms of quality and...
Electrical & Power
EVET partners with food companies to deploy electric fleet for food delivery
EVET partners with food companies to deploy electric fleet for food delivery
EVET - the integrated electric mobility, charging and technology vertical of Magenta, has entered into a strategic partnerships with prominent companies in the food industry like Elior India, SPRINK Kinematic FoodTech, Kadambass hospitality, and Foodieverse, to use EVET electric fleet for food delivery. The collaboration also marks EVET's debut into mid-mile deliveries, furthering the electrification of mobility in...
Hospitality & Facility Management
Products of the Month
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...