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Industry News Articles Current Technical Analysis, Views & Updates

Demand for electrical equipment will be all time high: R.K. Singh

Demand for electrical equipment will be all time high: R.K. Singh “The demand for electrical equipment will be all time high in times to come with the numerous reforms undertaken to strengthen and modernise the distribution sector with the investment of Rs. 3.05 lakh crore in the next five years,” said Power Minister RK Singh while inaugurating the 4th edition of Distribuelec being organised by Indian Electrical and Electronics Manufacturers'...

bauma CONEXPO INDIA cancelled for 2021

bauma CONEXPO INDIA cancelled for 2021 bauma CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, and construction vehicles will not take place this year due to the organizers’ concerns around exhibitors’ ROI, uncertain international participants’ turnout, and safety protocols. “The decision to not hold North India’s leading trade fair bauma CONEXPO INDIA comes after deliberations with stakeholders and a comprehensive study of the market in...

International Solar Alliance appoints Dr Ajay Mathur as its new DG

International Solar Alliance appoints Dr Ajay Mathur as its new DG The International Solar Alliance (ISA) announced Dr. Ajay Mathur as its new Director General following his election at the first special Assembly of ISA members. A coalition of 73 member countries, ISA was launched at the end of 2015 to accelerate the demand for and use of safe, sustainable, and affordable solar energy for all. It aims to mobilize over...

Tata Motors names Marc Llistosella as new MD & CEO

Tata Motors names Marc Llistosella as new MD & CEO Tata Motors announced the appointment of Marc Llistosella as the Chief Executive Officer and Managing Director of the company effective 1st July 2021. N Chandrasekaran, Chairman, Tata Motors said, “I am delighted to welcome Marc to Tata Motors. Marc is an experienced automotive business leader with deep knowledge and expertise in Commercial vehicles over his illustrious career and has extensive operational...

Vedanta launches new Aluminium Cylinder Head Alloy at ACMA 2021

Vedanta launches new Aluminium Cylinder Head Alloy at ACMA 2021 Vedanta Limited announced the formal launch of its newest product, the aluminium Cylinder Head Alloy, a critical raw material for manufacturing cylinder heads and other automotive components. This is the company’s latest value-added offering in its aluminium product line, which caters to various raw material requirements of the automotive industry. The Cylinder Head Alloy leverages material design to help automakers increase...

Blue Star expands its Commercial Refrigeration footprint

Blue Star expands its Commercial Refrigeration footprint Air conditioning and commercial refrigeration major, Blue Star Limited, today announces the launch of a new range of commercial refrigeration products and solutions which are ideal for storing vaccines. These comprise specifically designed, temperature controlled refrigerators and transporters, which are integral for building a robust ecosystem for vaccine distribution in India. The company has launched Ice Lined Refrigerators (+2°C to +8°C) which is ideal...

OLA to deploy ABB robotics at its electric scooters factory

OLA to deploy ABB robotics at its electric scooters factory Ola, one of the leading mobility companies in the world, today announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the much-anticipated Ola electric scooter. Ola’s scooter mega-factory, billed to be the world’s largest scooter factory, is expected to be ready and operational in...

Schneider Electric introduces software-centric industrial automation system in India

Schneider Electric introduces software-centric industrial automation system in India Schneider Electric, the global leader in digital transformation of energy management and automation, today unveiled its vision for universal automation and the first of its kind, EcoStruxure Automation Expert, a new category of software-centric industrial automation system. Through this launch, the company aims to accelerate its drive to help customers unlock the full potential of the Fourth Industrial Revolution and unleash...

Philips completes acquisition of BioTelemetry

Philips completes acquisition of BioTelemetry Royal Philips announced that it has completed the acquisition of BioTelemetry, Inc., an U.S.-based provider of remote cardiac diagnostics and monitoring. BioTelemetry’s financial results will be consolidated as part of Philips’ Connected Care business segment as of February 9. The acquisition of BioTelemetry is a strong fit with Philips’ cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with...

Kerala launches ‘Knowledge Mission’, aims to create 20 lakh jobs for youth

Kerala launches ‘Knowledge Mission’, aims to create 20 lakh jobs for youth Kerala government has launched ‘Knowledge Mission’ which aims to transform the state to a knowledge economy. Inaugurating the Mission, Kerala Chief Minister Pinarayi Vijayan informed that the mission will promote innovative ideas, coordinate knowledge initiatives and equip young people with updated skills. At the heart of the initiative is a comprehensive digital platform for educated youngsters which help...

201 MoUs, product launches and technology transfers concluded at Aero India 2021

201 MoUs, product launches and technology transfers concluded at Aero India 2021 A total of 201 MoUs, product launches and technology transfers were concluded at the Aero India 2021 held in Bengaluru. Defence Minister Rajnath Singh informed that 128 MoUs, 19 technology transfers, 4 handing overs, 18 product launches and 32 major announcements were made at Aero India this year. These included the formal handing over of the Advanced Light...

India Smart Utility Week 2021 to be held on 02 – 05 Mar

India Smart Utility Week 2021 to be held on 02 – 05 Mar International Experts from Government Institutions, Regulatory Commissions, Think Tanks, Academia and Technology Companies from all Continents are expected to join the Conference and share their experiences and expertise India Smart Grid Forum, a PPP initiative of Government of India, is organising the 7th edition of their annual flagship event - India Smart Utility Week (ISUW 2021) from 02...

Dassault Systèmes showcases digitalization solutions at Aero India 2021

Dassault Systèmes showcases digitalization solutions at Aero India 2021 With the theme of showcasing “Digitalization to realize a thriving Aerospace, Defense and Space ecosystem,” Dassault Systèmes at the 13th edition of Aero India 2021 showcases technology solutions to Improve Supply Chain Collaboration, to Design for Flexible Manufacturing, to Manage Complex Systems and Accelerate Program Integration and to Deliver High Performance Operations. Experts from Dassault Systèmes will be present at booth...

“Budget focuses on reviving the economy”

“Budget focuses on reviving the economy” With its extensive focus on infrastructure and healthcare, the Budget FY21-22 clearly focuses on reviving the economy. The key pillars such as health and wellbeing, capital and infrastructure, inclusive development, enhancing human capital, innovation and R&D and minimum government and maximum governance rightly identifies the core areas for sustained growth and provides considerable thrust towards an Atmanirbhar Bharat. The emphasis on further expanding the...

Construction equipment industry lauds Union Budget 2021

Construction equipment industry lauds Union Budget 2021 Construction equipment industry lauds Union Budget FY21-22 for its bold attempt to address the huge disruption caused by the pandemic. Despite the backdrop of the huge fiscal deficit of 9.5 % for FY21 and an estimated deficit of 6.8 % in FY22 the government has outlined robust measures to boost health care infrastructure, focus on infrastructure development, power sector reforms, promoting innovation and...
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