Infrastructure

BKT Tires becomes Official Tire Partner for 7 IPL teams Indian multinational company and global player in the Off-Highway tire market, Balkrishna Industries Ltd. (BKT), announces its partnership with seven leading teams in the 16th season of the most watched T20 Cricket league in the world. BKT will be the ‘Official Tire Partner’ for Mumbai Indians, Punjab Kings, Rajasthan Royals, Sunrisers Hyderabad, Gujarat Titans, Kolkata Knight Riders, and Delhi Capitals. The...

CENTRAL VISTA PROJECT | IS IT FIRE SAFE? | क्या CENTRAL VISTA FIRE SAFE है? Central Vista is an important project of the Narendra Modi-led NDA government in the centre, which aims to redevelop a 3.2 km stretch in the heart of Lutyens' Delhi built by the British in the 1930s. Central Vista is being developed as a project of national importance with an investment of Rs 20,000 crore. And Central...

Schneider Electric launches EcoStruxure Building Operation in India Schneider Electric today announced the launch of EcoStruxure Building Operation for the Indian market, to enhance occupant comfort and increase building value. With unprecedented growth of infrastructure in India, buildings consume 30% of the country’s total electricity leading to a greater demand in energy. Building management systems are essential components to ensure intelligent use of energy for efficient flow of operations in a...

Celebrating International Women's Day | Woman in Manufacturing | Mohini Kelkar | Grind Master Mohini Kelkar is the Director of Business Development at Grind Master Machines Pvt Ltd, a leading manufacturer of advanced metal finishing and deburring machines based in India. As a successful businesswoman, Mrs. Mohini has been recognized for her contributions to the manufacturing industry and her efforts to promote gender diversity and equality in the workplace. On International...

Andhra Pradesh bags Rs 13 Lakh Cr investment proposal during Global Investor Summit Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday said the state has received 340 investment proposals with investment of about Rs. 13 lakh crores, providing employment to almost 6 lakh people across 20 sectors distributed all along the state. “As of today, we will execute 92 MoUs with 11 lakh crores, remaining will be executed...

Ashish Modi becomes Honeywell’s India Country President Honeywell today announced the appointment of Ashish Modi as country president for India. Modi will continue to retain his existing role as VP & GM for Honeywell Building Technology (HBT) India and Asia. “With his strong business acumen, leadership skills and more than eleven years of experience at Honeywell, Ashish is perfectly suited to lead the India business and build on the company’s strength...

XPDEL launches its AI-enabled shipping solution in India XPDEL, one of the leading omni-channel fulfillment and logistics services companies, today launched its agile and scalable shipping solution, in India after success in the US market. Developed by Advatix, the in-house technology arm of XPDEL, the shipping solution ensures the highest operational efficiency and scalability as it helps businesses significantly optimize the entire shipping process, a statement issued by the company claims....

RR Kabel draws attention on importance of electrical fire safety & quality wires The leading cause of fire accidents in India is electrical short circuits, which frequently result from poor-quality wires and cables. According to ASCI data, in the past decade, electrocution accounted for about 73% of the total human deaths, which includes electrical fires for about 11%, and lightning for about 16%. Smoke inhalation kills more people during a...

John Deere celebrating 25 years of its operations in India John Deere, a leading manufacturer of agriculture & turf equipment, products and solutions, is celebrating its 25 years of operations in India. The company is also serving the construction and forestry industry. “Our journey in India began 25 years ago with the introduction of advanced product Features such as power steering, oil immersed disk brakes, planetary reduction, force feed Lubrication, high...

ELECRAMA 2023 kicks-off today; over 1000 exhibitors showcasing global innovations Power Minister RK Singh inaugurates 15th edition of ELECRAMA 2023 Close to 1,000 Exhibitors with 3,50,000 Expected Footfalls 15,000 + focused b2b meetings Business Opportunities in Defence, Railways, Green Buildings, Smart Cities Buyers from 75+ Countries and 300+ domestic buyers CEOs from smart cities of North-East to share their procurement requirements in the region Report on New...

Siemens Limited announced results for the first quarter of Financial Year 2023 ended December 31, 2022. The company registered Profit after Tax from continuing operations at Rs. 438 crore, an increase of 80% over the same period last year driven by higher volumes, better price extraction and positive forex and commodity effects. Revenue from continuing operations was at Rs. 3,596 crore, a 17% increase over the same quarter in the...

Union Budget 2023 | Reaction from Bhupesh Arora, Business Head, Digital Energy, Schneider Electric India The Union Budget 2023 demonstrates the government's commitment to building and expanding the infrastructure sector to boost the economy.  We welcome the government’s move to announce an enhanced outlay on capital investment by 33.4% to Rs. 10 lakh crore, for the infrastructure sector. This will result in more employment creation, increased manufacturing capacities, and the energy sector's...

Union Budget 2023 | Reaction from Shivaji Waghmare, CEO, Fuji Electric India I think Budget 2023 is growth-oriented and it strikes a balance between economic growth and social welfare. It is great news that the budget has provided Rs 35,000 crores priority capital investment towards energy transition and net zero objectives, and energy security. We appreciate the move to extend customs duty exemption to the import of capital goods and...

Union Budget 2023 | Reaction from N Venu, MD and CEO, India and South Asia, Hitachi Energy   Infrastructure India needs commensurate infrastructure development to reach its goal of becoming a 5 trillion economy. Over many years, the governments have been investing in capex, pumping the much-needed energy to keep the economy sanguine. This is well reflected in the Economic Survey of 2022-23; Capital Expenditure (Capex) of the central government increased by 63.4...

Captain Electrical to set up new manufacturing plant in Maharashtra The new factory will produce its new range of premium products called AVE for customers around the globe. Captain Electrical Industries announces the setting up a new plant in Maharashtra’s Palghar, with the goal of doubling its manufacturing capacity upgrading from 24,000 sq ft to 150,000 sq ft and creating over 250 job opportunities for the locals. The company's commitment to continual...