Infrastructure

XPDEL launches its AI-enabled shipping solution in India XPDEL, one of the leading omni-channel fulfillment and logistics services companies, today launched its agile and scalable shipping solution, in India after success in the US market. Developed by Advatix, the in-house technology arm of XPDEL, the shipping solution ensures the highest operational efficiency and scalability as it helps businesses significantly optimize the entire shipping process, a statement issued by the company claims....

RR Kabel draws attention on importance of electrical fire safety & quality wires The leading cause of fire accidents in India is electrical short circuits, which frequently result from poor-quality wires and cables. According to ASCI data, in the past decade, electrocution accounted for about 73% of the total human deaths, which includes electrical fires for about 11%, and lightning for about 16%. Smoke inhalation kills more people during a...

John Deere celebrating 25 years of its operations in India John Deere, a leading manufacturer of agriculture & turf equipment, products and solutions, is celebrating its 25 years of operations in India. The company is also serving the construction and forestry industry. “Our journey in India began 25 years ago with the introduction of advanced product Features such as power steering, oil immersed disk brakes, planetary reduction, force feed Lubrication, high...

ELECRAMA 2023 kicks-off today; over 1000 exhibitors showcasing global innovations Power Minister RK Singh inaugurates 15th edition of ELECRAMA 2023 Close to 1,000 Exhibitors with 3,50,000 Expected Footfalls 15,000 + focused b2b meetings Business Opportunities in Defence, Railways, Green Buildings, Smart Cities Buyers from 75+ Countries and 300+ domestic buyers CEOs from smart cities of North-East to share their procurement requirements in the region Report on New...

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...

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...

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...

Union Budget 2023 | Reaction from N Venu, MD and CEO, India and South Asia, Hitachi Energy   Infrastructure India 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...

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...

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...

Honeywell partners with Nexceris to improve electric vehicles safety Honeywell announced today it is expanding its strategic alliance with Nexceris, developer of Li-ion Tamer lithium-ion gas detection solutions, to help make electric vehicles (EVs) safer. Honeywell and Nexceris will offer advanced automotive sensing technology to help prevent conditions leading to thermal runaway in EV batteries, a phenomenon that causes extremely high temperatures within the battery cell and can result in...

BKT to launch 2 new EARTHMAX tires at bauma CONEXPO INDIA 2023 Balkrishna Industries Ltd. (BKT), the Indian multinational company and global player in the off-highway tire market, will be participating in the bauma CONEXPO India 2023 and will be launching two tires under the sub-brand EARTHMAX. These ‘Made for India’ tires are designed for the Indian infrastructure, construction, and mining sectors. BKT will also be exhibiting some of its other...

BPE installs UPS in MOPA greenfield airport in Goa Noida-based manufacturer of end-to-end strategic power solutions, BPE (Best Power Equipments) announced the installation of uninterrupted power supply (UPS) at the recently inaugurated MOPA Airport, Goa. BPE provides critical power products to various Indian and international airports like Singapore. The total multiple UPS capacity supplied to Goa airport is upto 500 kVA. Most of the UPS are working in parallel redundancy which...

5-minute pothole repair solution to fill potholes in Kalyan-Dombivli Area Kalyan Dombivli Municipal Corporation (KDMC) deployed a new, innovative pothole-filling technology to make the roads of Kalyan and Dombivili safer and smoother for its civilians. A trial demo was conducted to evaluate whether the potholes would be filled within 5 minutes. Pot-Crete developed by RDC Concrete and its subsidiary company Ultrafine is a rapid pothole repair solution that guarantees durable repairs...

Schneider Electric to double its manufacturing capacity; Invests Rs. 425 Cr in Bengaluru Schneider Electric plans to double its manufacturing capabilities with the development of a new smart factory in Bengaluru. With a planned investment of Rs. 425 crore, the new facility will consolidate 6 out of the 10 existing factories of the company in Bengaluru, under one roof. Expanding its presence to a 1 million sq. feet of industrial setup...