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Industry Segments Online News Updates

Siemens to acquire Mass-Tech Controls’ EV division for Rs. 38 Cr

Siemens to acquire Mass-Tech Controls’ EV division for Rs. 38 Cr To scale up Siemens’ range of e-mobility solutions in India, complementing its global portfolioIn a step to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India, Siemens Limited, signed an agreement on Friday to acquire the EV division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in design, engineering and manufacturing of a wide...
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Electrical Fire Safety | APAR Industries | Testo | Pankaj Dharkar | BASEC

Electrical Fire Safety | APAR Industries | Testo | Pankaj Dharkar | BASEC Electrical fires are frequent in India, leading to significant property damage and deaths. According to the National Crime Records Bureau (NCRB) of India, in 2019, there were 3,454 fire incidents caused by electrical issues. These incidents resulted in 1,399 deaths and 2,319 injuries.To prevent electrical fires, it is crucial to prevent them. This includes following electrical safety...
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THE FUTURE OF METROLOGY | World Metrology Day 2023

THE FUTURE OF METROLOGY | World Metrology Day 2023 Every year May 20th is observed around the world as World Metrology Day. This special day is dedicated to honoring the science of measurement and recognising its immense impact on various aspects of our lives and industries. Metrology Day reminds us of the critical role accurate and reliable measurements play in ensuring quality, fairness, and innovation. This day also provides an...

Tork Motors opens Experience Zone in Thane

Tork Motors opens Experience Zone in Thane The 3S facility is located at Panchpakhadi area, the center will cater to TORK Motors customers in and around the city for sales and after sales requirements.Electric motorcycle manufacturer TORK Motors inaugurates its first Experience Zone in Thane. Located at Marigold bldg., opp. Nitin company, Panchpakhadi area, the 3S facility will also cater to sales and after sales requirements of the patrons in...

German machine tool industry sales revive in First Quarter of 2023

German machine tool industry sales revive in First Quarter of 2023German machine tool industry has recorded a recovery trend in the March quarter of 2023. It said, orders received by the German machine tool industry in the first quarter of 2023 were 11 per cent down in nominal terms on the same period last year. Orders from Germany declined by 18 percent whereas those from abroad fell by 8...

IUTA and Green Elephant win second LABVOLUTION AWARD

IUTA and Green Elephant win second LABVOLUTION AWARD Making everyday laboratory processes run more smoothly, increasing sustainability, improving efficiency and reducing costs – this is what the second LABVOLUTION AWARD was all about. The award ceremony took place on 10 May, during the second day of LABVOLUTION. Alongside the Institut für Umwelt & Energie, Technik & Analytik e. V. (IUTA), a manufacturing business was also awarded with the desired prize...

Beckhoff extends MX-System with two pneumatic modules

Beckhoff extends MX-System with two pneumatic modules In November 2021, Beckhoff presented the MX-System: a completely new, holistic concept which aims to eliminated control cabinets. The basic concept aims to replace control cabinet wiring with a baseplate that allows a wide range of electronic modules to be automatically interconnected via standardized interfaces. All classic control cabinet functions are covered and pneumatic valves from Festo and SMC can now also be...

Cummins India bags CII-ITC Sustainability Awards for Environment Management

Cummins India bags CII-ITC Sustainability Awards for Environment Management Cummins India Limited (CIL) received Excellence in Environment Management award for the Manufacturing Sector at the CII-ITC Sustainability Awards 2022. The award recognizes CIL’s innovative approaches and exemplary results in employing policy and practice to reduce company' environmental impact.Road Transport and Highways Minister Nitin Gadkari presented the award to Shirish Bhide, Operations Leader – Power Systems Supply Chain, Cummins India; and...

Blue Energy Motors rolls out its 100th truck from Pune facility

Blue Energy Motors rolls out its 100th truck from Pune facility Blue Energy Motors, the Zero Emission truck technology company, has rolled out its 100th truck from its manufacturing facility in Pune. “This is a major step towards sustainability as each BEM LNG trucks emits lesser greenhouse gases as compared to diesel powered trucks,” the company said.Speaking on this occasion, Anirudh Bhuwalka, CEO, Blue Energy Motors said, “No longer should...

ABB starts new drives production line in Bengaluru

ABB starts new drives production line in Bengaluru ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments.Part of the integrated campus that houses ABB’s corporate office and other business’ factories, this new production line aims...

APAR Industries posts all-time high Quarterly & Annual Revenue

APAR Industries posts all-time high Quarterly & Annual Revenue APAR Industries Limited, a diversified billion-dollar conglomerate, announced its consolidated results for the fourth quarter and 12 months ended March 31, 2023.Key Financial Highlights:12MFY23Revenue at Rs. 14,352 crores; up 54% YoY EBIDTA at Rs. 1,320 crores; up 130% YoY PAT at Rs. 638 crores; up 148% YoYQ4FY23Revenue at Rs. 4,089 crores; up 36% YoY EBIDTA at Rs. 445 crores;...

India enters world´s top 10 in annual robot installations

India enters world´s top 10 in annual robot installations Sales of industrial robots in India reached a new record of 4,945 units installed. This is an increase of 54 percent compared to the previous year (2020: 3,215 units). In terms of annual installations, India now ranks in tenth position worldwide. These are findings of the report World Robotics, presented by the International Federation of Robotics (IFR).“India is one of the...

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23: ICEMA

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23: ICEMA The significant growth in FY23 was driven by all four sub-segments of CE industry, except Road Construction Equipment, which recorded a slight de-growth of 3%. A total of 77,164 units of Earthmoving equipment were sold in FY23 – a 23% jump in sales as compared to 62,629 units sold in FY22. The sales of Backhoe Loaders and...

Centre approves National Medical Devices Policy; industry welcomes

Centre approves National Medical Devices Policy; industry welcomes The Union Cabinet approved the National Medical Devices Policy, 2023, which is expected to facilitate an orderly growth of the medical device sector to meet the public health objectives of access, affordability, quality and innovation.The Policy will help the sector grow from the present $11 billion to $50 billion by 2030, said Union Health Minister Mansukh Mandaviya.He adds the government’s vision is to...

LABVOLUTION presents innovative use cases in smartLAB 2023

LABVOLUTION presents innovative use cases in smartLAB 2023 For the fourth time, renowned companies and institutions from science and industry are working together on the smartLAB. During LABVOLUTION, from May 09 to 11, they will present a realistic vision for the laboratory of tomorrow.As a special display at LABVOLUTION, the smartLAB has been outlining groundbreaking as well as practice-oriented solutions for the intelligent laboratory of the future since 2015. Led...
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Products of the Month

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Normet launches Variomec XS for underground logistics

Normet launches Variomec XS for underground logistics Normet is a Finnish company operating globally with over 50 locations in 33...
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