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Industry Segments Online News Updates

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...

Mitsubishi Electric India inaugurates CNC eXPerience Park in Bengaluru

Mitsubishi Electric India Inaugurates CNC eXPerience Park in Bengaluru Mitsubishi Electric India CNC announced its strategic expansion in Peenya Industrial area with the launch of its new manufacturing facility and technology center named CNC eXPerience Park.“The new smart technology centre is launched to establish Mitsubishi Electric as a prime solution provider in the machine tool industry with its state-of-the-art technologies and improved delivery of supplies,” the company said. This new...

Saurabh Kumar appointed as Head of GEAPP India

Saurabh Kumar appointed as Head of GEAPP India The Global Energy Alliance for People and Planet (GEAPP) announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition.Saurabh Kumar brings over 20 years of experience in the energy sector, with expertise across...

Schneider Electric lays foundation of its factory in Kolkata; invests Rs 140 Cr 

Schneider Electric lays foundation of its factory in Kolkata; invests Rs 140 CrSchneider Electric, the global leader in digital transformation of energy management and next-gen automation, hosted the ground breaking ceremony of its new manufacturing plant at Prospace Industrial Park Pvt Ltd., in Kolkata. Covering an area of 9 acres, this new facility will involve an investment of Rs 140 crores. Schneider Electric aims to grow its capacity in producing products...

Inside BKT’s Largest Factory | mojo4ndustry

Inside BKT's Largest Factory | mojo4ndustryA recent trip to BKT Bhuj Facility allowed us to gain a deeper understanding of one of the most innovative tire manufacturing plants in India. The event was hosted exclusively by Ashok P Chhajer, Sr General Manager - OE Sales at BKT Tires. The tour took us through the company's state-of-the-art R&D center, carbon black production plant, and more.  He said, “We develop a range...

Tecumseh unveils energy-efficient compressor at ACREX India 2023

Tecumseh unveils energy-efficient compressor at ACREX India 2023Tecumseh Products India is committed to providing innovative and sustainable solutions for its customers to meet energy regulations and environmental norms. At ACREX India 2023, the largest exhibition for air conditioning, heating, ventilation, and intelligent buildings, in South Asia, Tecumseh Products India launched its energy-efficient compressors.Venkatesh Pendam, Sr. Vice President, Tecumseh India, said, "ACREX India 2023 is happening after three years and...

ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation

ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation IBM announced that ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel ­– two of the world’s leading steelmakers – has collaborated with IBM Consulting to reinvent mission-critical processes in order to boost agility, and efficiency with digital transformation.AM/NS India is an integrated flat steel manufacturer with over 600 steel grades and serves multiple...
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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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