Manufacturing

ABB India turns half of its manufacturing locations ‘water positive’ ABB India announced that its Peenya campus in Bengaluru has been certified water positive by the Green Rating for Integrated Habitat Assessment (GRIHA) Council. With this, three out of its six manufacturing locations are now ‘water positive’. Their Peenya campus has a water positivity index of 1.05, demonstrating its contribution towards replenishing a much greater quantity of water for the...

BKT Tires partners with 7 IPL teams BKT Tires, an Indian multinational company and a global player in the off-highway tire market, announced its partnership with seven Indian Premier League (IPL) cricket teams for the ongoing season. Alongside its inaugural collaboration with Lucknow Super Giants, BKT reinforces its enduring backing for Mumbai Indians, Kolkata Knight Riders, Punjab Kings, Rajasthan Royals, Sunrisers Hyderabad and Gujarat Titans. Rajiv Poddar, Joint Managing Director of...

HANNOVER MESSE promotes international trade & investment International trade plays a central role in the global economy and enables access to resources that are not available in some countries. However, it also brings challenges such as trade imbalances and protectionism. HANNOVER MESSE fosters global dialog on these issues. A balanced, transparent policy is crucial in order to make the most of the benefits of international trade. Visitors to HANNOVER MESSE discover...

Daimler India CV achieves "best-ever sales" in 2023; MY24 BharatBenz trucks to drive growth in 2024 Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG  announced that in CY2023 it has achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39% and revenue grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, growing 107% over 2022. Its cumulative...

Schneider Electric opens New Cooling Factory in Bengaluru; invests Rs. 100 Cr Schneider Electric has inaugurated a new cooling factory in Bangalore that will developing innovative cooling solutions including latest generation in row cooling systems, high-efficiency chillers, Primary Air Handling Unit (PAHU), Precision Air Conditioning (PAC), and FANWALL systems. The new factory, which covers around 6.5 acres, has been built with an investment of Rs. 100 crores (~ 10Mn Euro). “85%...

Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur TCPL Green Energy Solutions Private Limited (TCPL GES), a wholly owned subsidiary of Tata Cummins Private Limited (TCPL), a 50:50 joint venture of Tata Motors Limited and Cummins Inc. USA, inaugurated a new state-of-the-art manufacturing facility in Jamshedpur to produce hydrogen-based Internal Combustion Engines (ICE) for medium and heavy commercial vehicles and other low to zero emission technology products. The factory...

Germany’s Hengst Filtration opens manufacturing facility in Bengaluru Germany’s Hengst Filtration has unveiled its state-of-the-art manufacturing facility in Yelahanka, Bengaluru. With an initial investment of 2 million Euros (Rs. 17 crores) allocated towards machinery, IT infrastructure, and warehousing, Hengst Filtration is laying the groundwork for its operations in India. Speaking on the sidelines of the inaugural event, Christopher Heine, Group CEO, Hengst Filtration said, “India represents a significant growth opportunity for...

Transrail Lighting files DRHP with SEBI to raise funds via IPO Mumbai-based Transrail Lighting Limited has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). According to the draft prospectus, the issue has a face value of Rs. 2 each and consists of a fresh issue worth Rs. 450 crore and an offer for sale of...

Continental Tires expands retail presence in Bengaluru Continental Tires, one of the leading manufacturers of premium tyres, inaugurated Continental Elite Drive (CED) dealer store in Bengaluru. The store Cherry TYREPARK, located at the urban Bengaluru suburbs of Kammanahalli, has a diverse range of premium products, latest equipment, and technologies which include tyre-related services for wheel balancing & alignment, nitrogen filling and tyre change among others. Through CED store, Continental Tires...

Maharashtra MSMEs to get 400 MW rooftop solar projects Maharashtra Chief Minister Eknath Shinde and Deputy Chief Minister Ajit Pawar launched 400 MW solarisation of MSMEs project through Public-Private Partnership (PPP). The initiative, termed as “Mukhyamatri Saurya Udyog Utthan Prakalp”, is conceived and managed by the Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), a subsidiary of Mahatma Phule Backward Class Development Corporation (MPBCDC). MAHAPREIT launched a Notice Inviting Tender...

Blue Energy Motors' green trucks surpasses 1 crore kms on Indian highways Blue Energy Motors, a green truck manufacturing company, announces a significant milestone as its fleet of BEM trucks crosses the landmark of 1 crore kilometres on Indian roads in various customer applications. “While covering over 1 crore kilometres, Blue Energy Motors has effectively reduced over 3000 tonnes of CO2 emissions, which is equivalent to the environmental benefit provided by...

ABB, CERN identify 17.4% energy-saving opportunity in cooling & ventilation motors ABB and CERN, the European Laboratory for Particle Physics, have identified significant energy-saving potential through a strategic research partnership focused on the cooling and ventilation system at one of the world’s leading laboratories for particle physics institute, located in Geneva, Switzerland. The study included energy efficiency audits which have helped to identify a savings potential of 17.4 percent across...

Domestic steel consumption could decelerate to 7-8% in FY2025: ICRA Elevated input costs, import pressures, along with softer steel prices expected to sequentially pull down the steel industry’s operating profit margins by 110-115 basis points in FY2025 According to the rating agency ICRA’s latest research note, domestic steel consumption growth is expected to slow down to 7-8% in FY2025 (as against 12-13% in FY2024E), bucking the trend of the previous few...

HANNOVER MESSE will present intelligent robot systems at Application Park One of the highlights at this year's HANNOVER MESSE will be the Application Park. There, it will be possible to view intelligent robot systems, autonomous driving devices in operation, the latest AI applications in robotics, image recognition tools and virtual platforms. Götting KG from the town of Lehrte will be among the exhibitors. The company has been developing and producing sensors...

Samsung Semiconductor India opens new R&D facility in Bengaluru Samsung Semiconductor India Research (SSIR) announced the opening of its new R&D facility in Bengaluru. This is SSIR's second office in Bengaluru, with a capacity to accommodate close to sixteen hundred professionals. Located at Bagmane Capital Tech Park in Angkor-West, the facility spans 1,60,000 sq. ft. across four floors. The new campus features a modern, open-plan layout across four floors, encouraging collaboration...