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SWELECT bags over 150 MW orders; raises Rs. 290 Cr funding

SWELECT bags over 150 MW orders; raises Rs. 290 Cr funding SWELECT Energy Systems Ltd has secured orders exceeding 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, the company has successfully raised Rs. 290 crore through Non-Convertible Debentures (NCDs) in a private placement with India Infradebt Limited. “This strategic move, secured against a portion of its Solar Power Generating Assets, has unlocked Rs. 260 crore in cash collaterals—funds that...

Karnataka Govt. signs MoU with ZEISS India to enhance eye-care in rural regions

Karnataka Govt. signs MoU with ZEISS India to enhance eye-care in rural regions ZEISS India signed a Memorandum of Understanding (MoU) with the Government of Karnataka to improve eye-care in the rural regions of the State. Driven by the Aloka Vision Programme by ZEISS, the 2-year long “Vidya Drishti” eye-testing campaign will be jointly executed by ZEISS India and the Government of Karnataka. Under the “Vidya Drishti Program”, optometrists from...

ELECRAMA 2025 Draws 1,000+ Exhibitors, 400K Visitors

ELECRAMA 2025 Draws 1,000+ Exhibitors, 400K Visitors The 16th edition of ELECRAMA 2025 organised by Indian Electrical and Electronic Manufacturers’ Association (IEEMA) wrapped up on a high note, firmly establishing itself as the premier global platform for the electrical and allied electronics industry. According to IEEMA, this edition broke previous records, by hosting over 1,000+ exhibitors, attracting more than 400,000 business visitor footfalls, and generating an estimated $20 billion in...

ABB Motion Ventures Invests in UptimeAI

ABB Motion Ventures Invests in UptimeAI ABB Motion has announced a strategic investment through ABB Motion Ventures in the AI start-up UptimeAI, aiming to transform how industrial customers manage the health and performance of motors, drives, and related assets. The transaction consists of ABB taking a minority stake in UptimeAI. Financial details of the investment were not disclosed. The collaboration leverages machine learning and expert systems to provide customers with deep...

German machine tool industry with muted annual results 2024

German machine tool industry with muted annual results 2024 Orders received by the German machine tool industry in the fourth quarter of 2024 were 7 percent down on the previous year's figure. Orders from both Germany and abroad fell by similar amounts: 7 percent and 6 percent, respectively. In 2024 as a whole, incoming orders declined by 19 percent. Domestic orders were 9 percent down on the previous year, while...

GreenCell Mobility Appoints Manish Poddar as CFO

GreenCell Mobility Appoints Manish Poddar as CFO Greencell Mobility, promoted by PE firm Eversource Capital, has appointed Manish Poddar as Chief Financial Officer. In this role, Manish would be responsible for all financial aspects including fund raising, enhance governance and compliance, treasury, and investor relations etc. Manish brings over 24 years of work experience. Prior to Greencell, Manish served as Chief Financial Officer at GMM Pfaudler Ltd. Earlier, he held several key...

Bajaj Auto launches new electric 3W brand Bajaj GoGo

Bajaj Auto launches new electric 3W brand Bajaj GoGo Bajaj Auto Ltd has launched its all-new electric auto brand, Bajaj GoGo. The new brand will serve as the umbrella brand for electric autos, offering a wide range of products in the passenger and cargo segments. It boasts a range of up to 251 km on a single charge. The range is equipped with two-speed automated transmission, improving range and gradability. Bajaj...

Transrail Lighting wins new orders of Rs. 2,752 Cr

Transrail Lighting wins new orders of Rs. 2,752 Cr Transrail Lighting Limited, one of the leading EPC players in the Transmission & Distribution (T&D) segment, has secured new orders worth ₹2,752 crore, primarily from T&D business. Commenting on this, Randeep Narang, MD & CEO, Transrail Lighting said, “We are pleased to announce our order wins of ₹2,752 crore which reaffirms our position as a trusted partner in the T&D industry. Our...

Lauritz Knudsen makes powerful debut at ELECRAMA

Lauritz Knudsen makes powerful debut at ELECRAMA Lauritz Knudsen Electrical and Automation (formerly known as L&T Switchgear) made a powerful debut at ELECRAMA 2025 under its new brand identity. The company unveiled advanced range of products and solutions tailored for industries, infrastructure, retail, homes, and agriculture. In alignment with the Government’s vision for a Viksit Bharat, Lauritz Knudsen, shared plans for enhancing its manufacturing and R&D capabilities in India while...

ABB India Launches ‘LIORA’ switch range at ELECRAMA 2025

ABB India Launches ‘LIORA’ switch range at ELECRAMA 2025 ABB India launched its new ‘LIORA’ modular switch range at ELECRAMA 2025. Designed for smart residential, commercial, and hospitality spaces, ‘LIORA’ switches are engineered to set new benchmarks in the modular switch industry. This new range of switches, sockets, and Miniature Circuit Breakers (MCBs) seamlessly integrates modern technology with superior safety, performance, and aesthetics. ABB’s latest addition to its Indian portfolio of...

Delta Launches Cobots at ELECRAMA 2025

Delta Launches Cobots at ELECRAMA 2025 Delta, a global leader in power management and a provider of IoT-based smart green solutions, announced its participation in ELECRAMA 2025 under the theme of Smart Manufacturing by launching its new D-Bot series Collaborative Robots (Cobots) in the Indian market. These 6-axis cobots boast payload capacities of up to 30 kg, and speeds as fast as 200 degrees per second, thus, designed to empower...

India’s Solar-Powered Tricycle Wins BRICS Award

India’s Solar-Powered Tricycle Wins BRICS Award Andhra Pradesh MedTech Zone (AMTZ) has once again placed India on the global innovation map as its Solar Powered Tricycle wins the Outstanding Project Award at the BRICS Industrial Innovation Contest 2024. This breakthrough mobility solution, developed by the Assistive Technology Centre (ATC) at AMTZ, exemplifies a commitment to sustainable and inclusive healthcare technology. The award-winning Solar Powered Tricycle was officially launched by Union Minister...

Current economic and geopolitical realities demand decisive action: Dr. Jochen Köckler

Current economic and geopolitical realities demand decisive action: Dr. Jochen Köckler Competition among the leading industrial nations is intensifying, while breakthrough technologies like artificial intelligence (AI) offer unprecedented opportunities for rapid productivity gains. Companies must urgently integrate these technological innovations and strategically reposition themselves, while at the same time the current geopolitical realities demand decisive political action. Against this backdrop, a visit to HANNOVER MESSE is becoming a crucial success...

ABB India extends low voltage flameproof motor range for hazardous environments

ABB India extends low voltage flameproof motor range for hazardous environments ABB India has extended its low voltage flameproof motors range with larger frame sizes, designed for industries operating in potentially explosive environments. These motors are suitable for sectors such as Oil & Gas, Chemicals, Pharma, and Food & Beverage. The motors are manufactured at ABB’s Bengaluru facility and comply with PESO (Petroleum and Explosive Safety Organization) certification. The new motors...

Marposs to Showcase Advanced Air and Helium Leak Testing Solutions at ACREX INDIA 2025

Marposs to Showcase Advanced Air and Helium Leak Testing Solutions at ACREX INDIA 2025 Marposs, a global leader in precision measuring and monitoring solutions, will showcase its latest air and helium leak testing technologies at ACREX INDIA 2025. The exhibition, taking place from February 20-22 at the Bangalore International Exhibition Center (BIEC), Bengaluru, will allow industry professionals to explore Marposs' cutting-edge solutions designed for the HVAC-R and household appliance sectors. Leak testing...
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