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Industry News Articles Current Technical Analysis, Views & Updates

Waste management platform Cercle X raises Rs. 1.9 Cr in a Seed round

Waste management platform Cercle X raises Rs. 1.9 Cr in a Seed round New-age waste management platform Cercle X raises Rs 1.9 Cr in a seed round led by Inflection Point Ventures. The funds raised will be utilised towards marketing, operations and technology, the company co-founded by Vishnu Vardhaan and Divya Shetty said. Solid waste generated in India daily is 2.76 lakh MT. 58k MT of solid waste that could have...

Otis India launches Ambiance elevator cab aesthetics range for Gen2 elevators

Otis India launches Ambiance elevator cab aesthetics range for Gen2 elevators Otis India launches its Ambiance elevator cab aesthetics range for Gen2 elevators. The range will be manufactured at the Otis India Bengaluru factory and has been designed specifically for Otis. The design leverages a combination of materials, form, textures and patterns to form a look that allows one to differentiate an Otis elevator from any other. The Ambiance range includes...

Construction equipment industry demands priority sector status, improved liquidity

Construction equipment industry demands priority sector status, improved liquidity The Indian Construction Equipment Manufacturers Association (ICEMA) has urged the Ministry of Finance to consider lending priority sector status or at par with the infrastructure sector to the Indian construction equipment (CE) industry in the upcoming budget, given the critical role that the sector plays towards infrastructure development and economic growth of the economy. Explaining the rationale behind the demand, Dimitrov Krishnan,...

Budget Expectations for Auto & Manufacturing Industry

Budget Expectations for Auto & Manufacturing Industry Mr. Kamal Bali, President and MD, Volvo Group India After a stellar peak performance in 2018, the automotive sector particularly the CV industry, hit a bit of a roller coaster with the new axle load mandate, graduation to BS-VI regulations, followed by the Covid-19 jolt and lockdowns, the rising commodity prices, chip shortage impacting the supply chain in the last few quarters. While the...

Simple engineering innovations can be a game changer for construction equipment industry: Gadkari

Simple engineering innovations can be a game changer for construction equipment industry: Gadkari Congratulating the construction equipment (CE) industry on the initiative for enabling the adoption of bio diesel for construction equipment vehicles (CEVs), Nitin Gadkari, Minister for Road Transport and Highways urged the industry to innovate and make simple alterations to construction equipment to enhance use of bio diesel blends upto 50% as this could be a game changer for the...

HANNOVER MESSE 2022 rescheduled to 30 May – 2 June

HANNOVER MESSE 2022 rescheduled to 30 May - 2 June Deutsche Messe AG, in cooperation with the HANNOVER MESSE exhibitor advisory board and partner associations VDMA (Association of German Mechanical and Plant Engineering) and ZVEI (Central Association of German Electrical Engineering and Digital Industry), has rescheduled HANNOVER MESSE 2022 for 30 May–2 June. The show was originally planned for April. “Due to the continuing high incidence in Germany and many neighbouring...

Simpliforge launches robotic concrete 3D Printer in Telangana

Simpliforge launches robotic concrete 3D Printer in Telangana Simpliforge Creations, provider of additive manufacturing solutions, launched their first-of-its-kind, state-of-the-art Robotic Construction 3D Printer. Claimed to be India’s first and South Asia’s largest robotic construction 3D printer, the printer was inaugurated by Telangana Finance Minister Thaneeru Harish Rao at Charvitha Meadows in Siddipet, Telangana. The 3D Printer can print landscaping elements, furniture, statues, and wall façade, among others, to full-scale civil structures....

Indian construction equipment industry growth slumps in Q3FY22

Indian construction equipment industry growth slumps in Q3FY22 On the back of slowdown in the construction activity, the Indian construction equipment (CE) industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the Indian Construction Equipment Manufacturers Association (ICEMA) Industry Performance Report released on Wednesday. Significant decline has been observed in growth of earthmoving equipment, material...

Hitachi Energy wins orders worth over Rs. 160 Cr from India’s railways

Hitachi Energy wins orders worth over Rs. 160 Cr from India’s railways Hitachi Energy India Ltd. announced that it has won orders over Rs 160 crore for its key electric components to support the electrification of the country’s rail routes. The government of India’s electric locomotive manufacturers, Chittaranjan Locomotive Works (CLW) and Diesel Loco Modernisation Works (DMW), part of Indian Railways, placed orders with Hitachi Energy for traction transformers for passenger and...

Are you ready for Smart Manufacturing? | mojo4industry Development Debate

Are you ready for Smart Manufacturing? | mojo4industry Development Debate As Indian manufacturers continue to race with Industry 4.0, they need smart manufacturing solutions that simultaneously integrate data from multiple factory devices, while providing insights. system critical to proactively manage and optimize production, maintenance, energy use, and planning. Internet of Things (IoT), Big Data, Cloud Services and Artificial intelligence (AI) are the key technological factors of digital transformation and new...

Solar Water Pumps: Redefining the Lives of Farmers

Solar Water Pumps: Redefining the Lives of Farmers Solar-Powered Water Pump solutions help farmers in transforming their lives by providing sustainable power and timely water availability thereby increasing their yield and income, writes Ramakrishna S, Chief – Products & Marketing, Tata Power Solar. India has world’s highest arable land which is 17.5 lakh sq. km. With multiple hurdles around irrigation of the land, that include water supply, electricity supply, safety and...

Tata Power Renewables commissions 100 MW solar projects in UP

Tata Power Renewables commissions 100 MW solar projects in UP Tata Power Renewable Energy Limited (TPREL), a 100% subsidiary of Tata Power, announced commissioning of two solar power projects of 50 MW each at Prayagraj and Banda in Uttar Pradesh. The plants are expected to generate more than 221.26 million units annually. Power Purchase Agreement (PPA) has already been signed between TPREL and Uttar Pradesh Power Corporation Limited, (UPPCL), Lucknow for these...

Power Ministry revises guidelines & standards for EV charging infrastructure

Power Ministry revises guidelines & standards for EV charging infrastructure Power Ministry has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV) on 14th January. The objective is to enable a faster adoption of electric vehicles in India by ensuring safe, reliable, accessible and affordable Charging Infrastructure and eco-system. This would also promote energy security and reduction of emission intensity of the country by promotion...

Dalmia Cement starts commercial production at Murli Plant in Maharashtra

Dalmia Cement starts commercial production at Murli Plant in Maharashtra Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, announced the commencement of commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity to the  company’s overall installed capacity. The company’s installed cement capacity has now grown to 35.9 MnT. The company acquired the plant for Rs 410 crores and further committed...

Mahindra announces mileage & service guarantee scheme for its BS6 trucks

Mahindra announces mileage & service guarantee scheme for its BS6 trucks Mahindra’s Truck and Bus Division (MTB), a part of the Mahindra Group, today announced their “Get More Mileage or Give Truck Back” Guarantee scheme for their entire BS6 range of BLAZO X Heavy, FURIO Intermediate, and Light Commercial trucks including FURIO7 and JAYO. According to Mahindra, “The new range features the proven 7.2L mPower Engine (HCVs) and mDi Tech Engine...
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