Infrastructure

56 Secure launches Ultra-Fast SOS System in Bangalore 56 Secure, a connected security platform, introduces its Ultra-Fast SOS System, an emergency response technology. With an initial rollout encompassing 70 pin codes in Bangalore, 56 Secure takes the lead in redefining safety standards for urban living. More than just a simple panic button, the SOS feature is deeply integrated with 56 Secure's smart location technology, Cerebro. This system processes over seven million...

Gulf Oil Lubricants buys 51% in Tirex Transmission for Rs 103 Cr In a strategic move to strengthen its presence in the electric vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Ltd for Rs. 103 crores. “This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market which is...

Cabinet approves PM e-Bus Sewa, allocates Rs 57,613 Cr for 10,000 new e-buses The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved the “PM-eBus Sewa” scheme for augmenting city bus operation by 10,000 e-buses on PPP model. “The Scheme would have an estimated cost of Rs.57,613 crore, out of which support of Rs.20,000 crore will be provided by the Central government. The Scheme will support bus operations for...

Schneider Electric launches new Data Center Infrastructure Management Software Schneider Electric announced the modernization of its EcoStruxure IT software portfolio for the monitoring and management of sprawling, hybrid IT infrastructure, which has become increasingly complex in the last few years. As IT infrastructure continues to spread, business continuity is dependent on everything from the smallest endpoint to the largest data center. Therefore, edge deployments are now considered as mission-critical as centralized...

Construction equipment industry registers 18% YoY growth in Q1 Construction equipment sales grew by 18% in Q1 of FY 2023-24, as compared to Q1 of the last fiscal year, as the total equipment numbers sold increased to 27,244, against 23,037 numbers of equipment sold in the first quarter of FY 2022-23. Of this, 24,806 were sold domestically while 2,438 were exported, a report published by Indian Construction Equipment Manufacturers Association...

SANY India Delivers 8 Crawler Cranes to Sanghvi Movers SANY India, a prominent construction equipment manufacturer, achieved a significant milestone by delivering 8 units of the SANY SCC7500A 750 Ton crawler cranes to Sanghvi Movers Limited (SML), one of India's largest crane rental companies and the 6th largest globally in terms of fleet size. With this delivery, SML now owns 10 units of the SANY SCC7500A, making it the company...

Vitesco Technologies Delivers E-Drive to Honda Vitesco Technologies, a leading global supplier of advanced drive technologies and electrification solutions, is providing Honda with its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) for their new B-segment all-electric SUV. In Europe, this vehicle will be known as the e:Ny1 and is based on Honda's latest e:N Architecture F. The EMR3 is a cutting-edge 3-in-1 unit that combines power electronics, electric motor,...

“Mumbai needs proper fire evacuation system in monsoon” The city's growing infrastructure is still fighting for a fire evacuation solution. It is always a question of whether the existing firefighting systems are good enough or not. Here’s an article from Dr. Vikram Mehta, MD of SPARTAN Fire Evacuation Lift. Mumbai ranks 17th worldwide and 14th in Asia for tall buildings, with 100 buildings over 150m in height. The city dominates the...

India must become champion of climate action: Amitabh Kant India’s G20 Sherpa Amitabh Kant set a high target for India, stating that India must become the first country in the world to industrialize without carbonizing, while delivering the opening address at Connect Karo 2023 organized by WRI India in New Delhi on Monday. Connect Karo 2023 is WRI India's flagship event that offers a platform for multiple stakeholders from India and...

thyssenkrupp Industries India and Valmet Join Forces for IIoT 4.0 Industrial Automation thyssenkrupp Industries India and Valmet have recently entered into a cooperation agreement aimed at selling and distributing process automation systems in the energy sector and process industries, including sugar, fertilizers, petrochemicals, and metals. The agreement covers the Indian market as well as other countries. The official contract signing ceremony took place on June 26th, 2023, at the Embassy...

Kanpur Metro deploys ABB India’s Electrification solutions The Kanpur Metro has deployed ABB India’s Electrification solutions for safe, reliable and quality power distribution. ABB India has provided the Kanpur Metro with Low Voltage Switchboards, Medium Voltage Panels and Lighting Distribution Boards. These products comply with the technical specifications required for the project and are the most reliable, safe and latest technologies in the industry. ABB’s intelligent smart distribution technology enables...

ABB Robots helping Amazon reforestation project A pilot project between ABB Robotics and US non-profit organization Junglekeepers is demonstrating the role Cloud technology can play in making reforestation faster, more efficient and scalable. ABB Robotics is supporting Junglekeepers in their mission to protect 55,000 acres of Amazon rainforest and reverse deforestation. In a first-of-its-kind demonstration, ABB’s cobot YuMi is automating planting tasks in a jungle laboratory, speeding the process and allowing...

Mining & metals industry confident they can deliver growth The latest edition of KPMG International’s 2023 Global Mining and Metals Outlook: Executive insights on decarbonization highlights the confidence of sector executives in their ability to deliver on both growth and decarbonization objectives. The report looks at areas of opportunity, with technology and innovation key among those called out. A main finding is the ability of the industry to maintain a...

APAR Industries posts all-time high Quarterly & Annual Revenue APAR Industries Limited, a diversified billion-dollar conglomerate, announced its consolidated results for the fourth quarter and 12 months ended March 31, 2023. Key Financial Highlights: 12MFY23 Revenue at Rs. 14,352 crores; up 54% YoY EBIDTA at Rs. 1,320 crores; up 130% YoY PAT at Rs. 638 crores; up 148% YoY Q4FY23 Revenue at Rs. 4,089 crores; up 36% YoY EBIDTA at Rs. 445 crores;...

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23: ICEMA The significant growth in FY23 was driven by all four sub-segments of CE industry, except Road Construction Equipment, which recorded a slight de-growth of 3%. A total of 77,164 units of Earthmoving equipment were sold in FY23 – a 23% jump in sales as compared to 62,629 units sold in FY22. The sales of Backhoe Loaders and...