Manufacturing

Honeywell wins SEAL Sustainable Innovation Award 2022 for its Solstice portfolio Honeywell received the “SEAL Sustainable Innovation Award 2022” for its Solstice portfolio of ultra-low global warming potential (GWP) products. Honeywell's Solstice portfolio has been contributing significantly to sustainability across industries. The SEAL (Sustainability, Environmental Achievement, and Leadership) Sustainable Innovation Award recognizes innovations that represent game-changing ideas that bring us to a more sustainable future. The applicants were judged on the...

Schneider Electric appoints Binu Philip as CHRO for Greater India Zone Schneider Electric, the global leader in digital transformation of energy management and automation, has appointed Binu Philip as the new Zone VP HR (CHRO) for Greater India. Prior to this appointment, Binu was the Vice Presider HR for the International Operations for the Secure Power Division of the company. Binu has been with Schneider Electric for over 7 years. He has...

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...

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...

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...

ReNew Power signs 150 MW agreement with Microsoft ReNew Power announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a recently commissioned solar site near Bikaner. Speaking on the agreement, Sumant Sinha, Chairman and CEO of ReNew Power said: “ReNew Power...

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:...

Nuvoco adds ADVANCED Aluminium Body Trucks in its Logistics Fleet Nuvoco Vistas Corp Ltd, one of the leading cement players in India, has added advanced aluminium body trucks to its logistics fleet. These trucks are built with aluminium that is sourced from Hindalco Industries Limited, one of the leading aluminium manufacturers in India. This unique model enhances Nuvoco's logistics efficiencies and strengthens its sustainable supply chain. Aluminium-body Trucks are lighter with...

GODI India manufactures India's first ever 5.2 Ah 21700 cylindrical lithium-ion cells GODI India, the first Indian company to get BIS certification to sell lithium-ion cells made with home grown technology, has achieved another milestone by manufacturing India's first ever 5.2 Ah 21700 cylindrical lithium-ion cells with an energy density of 275 Wh/kg based on silicon anode technology. The electrode composition has been indigenously developed as per the market requirement....

Renishaw opens its new Technology Centre in Bangalore To support its rapidly growing customer base in India, global engineering technologies company, Renishaw, recently opened a new Technology Centre in Bangalore. It officially opened the new facility on December 7, and the new site is now providing customers with access to demonstrations of Renishaw’s solutions for metrology, and material analysis. After experiencing growing demand in the Indian markets, Renishaw made the decision...

Redington inks agreement for ETEC, Materialise & Wipro products at AMTECH Redington Limited signed an agreement for ETEC, Materialise & Wipro products at AMTECH Expo. The recent partnership of Redington with Wipro 3D for the distribution of the newly launched polymer 3D printer across the country will boost and support the efforts to democratize 3D printing via indigenous products in India, the company said. It adds, “The collaboration will accelerate...

Dalmia Bharat to acquire Jaypee Group assets for Rs 5,666 Cr Dalmia Cement (Bharat) Limited (DCBL), wholly owned subsidiary of Dalmia Bharat Limited, has today entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaypee group flagship company Jaiprakash Associates Limited and its subsidiary / associate having total cement capacity of 9.4 MnT (along with clinker capacity of 6.7MnT and Thermal Power plants...

Schneider Electric launches Altivar Soft Starter ATS480 for the Indian market Schneider Electric, the global leader in the digital transformation of energy management and automation, announced the launch of Altivar Soft Starter ATS480 in the Indian market. ATS480 is a step towards the evolution of soft starters keeping in mind the necessity for digitalization. Designed for normal and heavy-duty applications, it helps simplify project execution and maximizes the availability of applications even in...

Danfoss India’s Chennai Campus Celebrates 3000 LTI Free Days Danfoss India’s Oragadam facility accomplished a safety milestone of 3000 LTI (Loss Time Injury) free days. It amounts to more than 25-million-man hours of safe operations over 8.5 years since the factory’s commissioning in the year 2014 as a greenfield facility. The event was attended by CMK Raj, Director Gen. of Factory Advice Service and Labour Institutes, GOI (Retd.), Veeraraghavan Janakiraman, Head...

Skipper Foundation hands over scholarships to 1500 girl students Skipper Foundation, a Corporate Social Responsibility (CSR) arm of Skipper Limited, one of the world’s leading manufacturers of Power Transmission & Distribution structures and Polymer Products, announced scholarships to 1500 girl students from 22 schools of Kolkata and Howrah. The scholarships were given by Shri Nityanand Charan Das, a national bestselling author and practicing monk at Radhagopinath temple ISKCON, at its...