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ABB opens campus for machine automation at B&R in Austria

ABB opens campus for machine automation at B&R in Austria ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. The new campus will create up to 1,000 additional high-tech jobs and includes world-class research and development laboratories, as well as global training facilities for up to 4,000 people per year in collaboration with universities. ABB...

Manjushree Technopack acquires Hitesh Plastics

Manjushree Technopack acquires Hitesh Plastics Manjushree Technopack Limited (MTL), a rigid plastics packaging player, backed by Advent International, entered into an agreement to acquire the business operations and manufacturing facilities of Hitesh Plastics Pvt. Ltd. (Hitesh Plastics; HPPL) – a manufacturer of plastic caps and closures. The transaction is subject to customary closing conditions and regulatory approvals. The acquisition will allow MTL to enter the highly specialised caps and closures market...

Schneider Electric to expand its presence to 2,000 retail stores by FY23 end

Schneider Electric to expand its presence to 2,000 retail stores by FY23 end Schneider Electric announced its omni-channel retail outreach: ‘Schneider Electric (SE) Retail Pavilion’, targeted at retailers across the country. Through this concept, the company plans to enroll, scale, and upskill retailers and be a partner in their journey of digital transformation. The company has partnered with over 500 retail stores as SE Retail Pavilions, for its B2C business, and...

ONGC to make green hydrogen; inks MoU with Greenko ZeroC

ONGC to make green hydrogen; inks MoU with Greenko Energy major Oil and Natural Gas Corporation Limited (ONGC) has signed a Memorandum of Understanding (MoU) with renewable energy company Greenko ZeroC (Greenko) to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen. “This MoU is in line with the National Hydrogen Mission launched by Prime Minister in making India a global green hydrogen hub. The...

Mumbai to get 1000 MW more electricity with Hitachi Energy’s HVDC link

Mumbai to get 1000 MW more electricity with Hitachi Energy’s HVDC link Hitachi Energy announced it has won a major order from Adani Electricity Mumbai Infra Ltd, part of Adani, to provide a high-voltage direct current (HVDC) transmission system which will link Kudus to Mumbai, on India’s west coast. Mumbai is experiencing a rapid increase in electricity consumption, seeing peak demand increasing to 3,850 megawatts (MW) in 2022, of which around...

Maharashtra makes Fire Evacuation Lift Mandatory in High-Rise Buildings

Maharashtra makes Fire Evacuation Lift Mandatory in High-Rise Buildings Maharashtra has become the first State in India to make Fire Evacuation Lifts mandatory for buildings 70 meters and above since January 2018 in what is termed as the solution to mounting emergencies during fire-fighting and provide a safe evacuation mechanism for people and assist Fire Officers to save lives and assets. A circular issued by Maharashtra's Energy Department in conjunction with...

Hindustan Power Exchange crosses 100 MUs of power trading

Hindustan Power Exchange crosses 100 MUs of power trading Hindustan Power Exchange Ltd., promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, yesterday crossed 100 MUs mark of traded power since its launch. The newly formed power trading exchange achieved the milestone in just two weeks of its operations. HPX is now the number two exchange in the country in the segment it launched (Contingency). The peak volume achieved...

WIKA India drives Mobile Calibration Van to Bangalore

WIKA India drives Mobile Calibration Van to Bangalore WIKA Instruments India Pvt Ltd, a wholly-owned subsidiary of WIKA Alexander Wiegand SE & Co. KG, Germany, a global market leader in pressure and temperature measurement technology has recently launched Mobile Calibration Van for maintenance and repair at the doorstep of clients. An initiative, born out of need to maintain equipments during COVID lockdown has been transformed into a value-added service by...

Science Based Targets Initiatives approves Danfoss’ climate targets

Science Based Targets Initiatives approves Danfoss’ climate targets Danfoss announced that its science-based target has been approved by the Science Based Targets initiative (SBTi). The SBTi has validated that the corporate greenhouse gas (GHG) emissions reduction targets submitted by Danfoss A/S are in conformance with the SBTi Criteria and Recommendations (version 4.2). The science-based target provides a clearly defined pathway for companies to reduce GHG emissions in line with the goals...

ELECRAMA 2023 focuses on energy transition and future technology

ELECRAMA 2023 focuses on energy transition and future technology ELECRAMA, the largest stand-alone showcase of the Indian electrical and allied electronics industry by IEEMA will begin from 18th to 22nd February, 2023 at India Expo Mart, Greater Noida. The theme of ELECRAMA 2023 is ‘Reimagine Energy - For Sustainable Future’ and will be heavily based in showcasing innovation and future technologies in many areas including storage, green hydrogen, fuel cells,...

JK Lakshmi Cement introduces its cement products in Central-East UP

JK Lakshmi Cement introduces its cement products in Central-East UP JK Lakshmi Cement has launched its cement brands in Eastern and Central Uttar Pradesh. JK Lakshmi cement and its premium brand, JK Lakshmi PRO+ Cement was unveiled at an event in the Amethi Plant in the presence of its top officials, business associates, and channel partners. The first truck filled with JK Lakshmi Cement was dispatched to Shri Ram Mandir in...

Linde opens its first women operated packaged gas plant in Trichy

Linde opens its first women operated packaged gas plant in Trichy Linde India, one of the leading industrial gases manufacturers, inaugurated its first-ever women-operated Packaged Gas Plant (PGP) in Trichy on 6th July. Present at the launch were John Panikar, Executive Vice President, Asia Pacific, representing Linde Plc, and Abhijit Banerjee, Managing Director, Linde India. Commenting on the launch Panikar said, “We at Linde realize the importance and necessity for diversity...

CII certifies ABB India as a ‘Responsible Export Organization’

CII certifies ABB India as a ‘Responsible Export Organization’ Confederation of Indian Industry - Institute of Quality (CII-IQ) awarded the ‘Responsible Export Organization’ compliance certificate to ABB India’s Electrification Distribution Solutions (ELDS) business in April 2022. The certification encompasses all business operations related with design, manufacture, marketing, retrofit and services of switchgear products and solutions of medium voltage and low voltage switchgear, relays and other automation solutions. This certification applies...

Hindustan Power Exchange starts operations

Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission (CERC). Backed by the latest technology and a series of innovative features, the exchange promises to offer speed, transparency, and better price discovery in the execution of trades. The exchange will initially offer trading in Contingency contracts, Green Contingency contracts,...

ABB collaborates with Microsoft on energy efficiency

ABB collaborates with Microsoft on energy efficiency ABB announced that Microsoft has joined its Energy Efficiency Movement. Launched in March 2021 by ABB, the energy efficiency movement is a multi-stakeholder initiative to raise awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. Companies are invited to join the movement and make a public pledge as a way of inspiring others to take action. Microsoft...
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ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue

ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue The 10th edition of the ET NOW Global Business Summit...
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