Manufacturing

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...

ELECRAMA 2025 to take place on 22-26 Feb, 2025 in Greater Noida IEEMA, Indian Electrical & Electronics Manufacturers’ Association, the apex association of manufacturers of electrical and industrial electronics and allied equipment in India, formally announced the 16th edition of ELECRAMA, the world’s largest electrical show. The show is scheduled from 22nd to 26th February 2025 in Greater Noida and the theme is “Reimagining Energy for Sustainable Future”. The event aims...

Cognizant CEO highlights Generative AI’s Power to Shape the Future of Work At the ET Now Global Business Summit 2024, Ravi Kumar S, Chief Executive Officer of Cognizant, delivered a thought-provoking session highlighting the transformative power of Generative AI in shaping the future of work. Ravi emphasized, "Cognizant, a Fortune 500 company with a workforce primarily based in India, is at the forefront of leveraging technological advancements." With a significant...

Adani Defence & Aerospace inaugurates Ammunition & Missiles Complex in Kanpur; invests Rs. 3,000 Cr Adani Defence & Aerospace, the flagship defence company of the Adani Group, has inaugurated two mega facilities to manufacture ammunition and missiles in Kanpur, Uttar Pradesh. The facilities – South Asia’s largest – were inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath. Spread over 500 acres, the facility in Kanpur is set to become one of...

OpenAI's Jason Kwon advocates for safe AI deployment | GBS In a thought-provoking session titled “Mind, Machine, Mankind: AI and Us” at the ET Now Global Business Summit, Jason Kwon, Chief Strategy Officer at OpenAI, shared insights that illuminate the transformative potential of artificial intelligence (AI) in shaping the future. OpenAI, with its year-old venture, has set a mission to leverage cutting-edge technology for the betterment of humanity. Kwon’s discourse delved...

GrindingHub 2024 to bring over 460 exhibitors from 31 countries GrindingHub is set to open its doors for the second time to grinding experts from all over the world from 14 to 17 May. Over 460 exhibitors from 31 countries will be presenting their latest grinding technology solutions in Stuttgart – now in four exhibitions halls for the first time. The event will be about more than just technical products...