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Industry Segments Online News Updates

00:06:09
Industry Segments Online News Updates

Buy Hybrid Cars in UP; Pay Zero Registration Fees

Buy Hybrid Cars in UP; Pay Zero Registration Fees In a landmark decision aimed at fostering eco-friendly transportation, the Uttar Pradesh government has introduced a 100% waiver on registration fees for hybrid vehicles. This initiative is part of the state's broader efforts to promote sustainable mobility and reduce carbon emissions. The waiver will be applicable until October 2025, offering a significant incentive for those considering the purchase of hybrid vehicles. Impact...
Electrical & Power

Toshiba invests Rs 5oo Cr to boost Power Equipment Production in India

Toshiba invests Rs 5oo Cr to boost Power Equipment Production in India Toshiba Group on Thursday said it will invest 10 bn Japanese yen (over Rs 500 crore) to increase the capacity of producing power transmission and distribution equipment in India. Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will increase its capacity of manufacturing power transformers and distribution transformers by about 1.5 times compared to FY2023, over three years...
Electrical & Power

Tata Power sign MoU with NHPC-REL for Solarisation of Government Buildings

Tata Power sign MoU with NHPC-REL for Solarisation of Government Buildings Tata Power Renewable Energy Limited (TPREL) has signed a MoU with NHPC Renewable Energy Limited (NHPC-REL). This collaboration aims to install rooftop solar projects across government buildings of Central Ministries, States, and Union Territories, under the ambitious PM Surya Ghar Yojna Scheme. The initiative, targeting 100% solarization of government-owned buildings by December 2025, marks a substantial step in India's renewable...
Manufacturing

Malaysia Emerges as Strategic Hub for German Machine Tool Industry

Malaysia Emerges as Strategic Hub for German Machine Tool Industry Amidst the challenges of delivery difficulties, market lockdowns, and logistics bottlenecks faced during the pandemic, the German machine tool industry is strategically expanding its global footprint. A significant move in this direction was marked by the "Innovations in Production Technology – German Machine Tools Symposium," held on July 10, 2024, in Kuala Lumpur. Organized by the VDW (German Machine Tool...
Manufacturing

Bajaj Auto Reports Double-Digit Growth in Q1 FY25

Bajaj Auto Reports Double-Digit Growth in Q1 FY25 Bajaj Auto Limited has reported a strong performance in the first quarter of FY25, showcasing double-digit growth across all key financial metrics, including domestic and export revenue, EBITDA, and PAT. Quarter Highlights are as follows: Revenue from Operations: ₹11,928 crores, marking a 16% year-on-year (YoY) increase driven by robust vehicle sales and record spares revenue. This growth was supported by volume expansion in both...
Manufacturing

Cummins India Expands IT Global Competency Center in Pune

Cummins India Expands IT Global Competency Center in Pune Cummins India has inaugurated its first IT Global Competency Center (GCC) at its India Office Campus in Balewadi, Pune, Maharashtra. The center was officially opened by Earl Newsome, Vice President and Chief Information Officer of Cummins Inc., Annapurna Vishwanathan, Chief Information Officer of Cummins India, and other senior officials. The establishment of this center is a cornerstone of Cummins’ multi-year IT transformational...
Electrical & Power

Hartek Secures Major 765kV Projects from PGCIL

Hartek Secures Major 765kV Projects from PGCIL Hartek Group has secured 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL), including high-voltage transmission projects in Indore and Kurnool. These projects aim to enhance power system reliability and increase transmission capacity to power-deficit regions, aligning with India's ongoing efforts to strengthen its power infrastructure. The 765kV projects are crucial for efficient power transmission, benefiting both the transmission and renewable energy sectors....
Construction

India Poised to Lead Global Circular Economy Transition: Highlights from ICEF2024

India Poised to Lead Global Circular Economy Transition: Highlights from ICEF2024 The New Delhi Leaders’ Declaration at the G20 highlighted India's increasing influence and aspirations to contribute positively to global governance and stability. India's role in the evolving geopolitical landscape is underscored by its efforts to balance national interests with global responsibilities. This declaration marked a significant milestone in showcasing India's leadership on the global stage, emphasizing the importance of...
Manufacturing

Beckhoff Automation India wraps up successful Automation Update 2024 Seminars

Beckhoff Automation India Wraps Up Successful Automation Update 2024 Seminars Beckhoff Automation India has successfully wrapped up its "Automation Update 2024" seminar series. Held in four major cities, these events brought together Beckhoff customers, potential clients, and industry professionals from machine building, automation system integration, IT & OT programming, and end-user businesses. The seminars provided a platform for control system and machine experts to connect with Beckhoff technology experts. Participants engaged...
Construction

Putzmeister appoints Magesh Swaminathan as Sales Director

Putzmeister appoints Magesh Swaminathan as Sales Director Putzmeister Concrete Machines Pvt. Ltd. announces the appointment of Magesh Swaminathan as Director – Sales effective July 2024. In a career spanning 28 years, Magesh has spearheaded various functions across sales, after-market, and marketing in a range of sectors including Mining, Material Handling, Industrial and Capital Equipment, and Heavy Construction Equipment. He has worked with Ashok Leyland John Deere Construction Equipment, Doosan, Ingersoll-Rand, Volvo, and...
00:11:32
Electrical & Power

How power will power Maharashtra’s growth?

How power will power Maharashtra's growth? Maharashtra, one of India's most progressive states, owes much of its economic and financial prosperity to its robust power sector. The state contributes 15% to the nation’s GDP and is set to become India’s first trillion-dollar state economy by 2025.  The state government's dedication to boosting industrial output, massive investments in public infrastructure upgrades, and an increased focus on the agriculture and services sectors...
Manufacturing

ABB India supports educational programs in 148 govt schools in Karnataka

ABB India supports educational programs in 148 govt schools in Karnataka ABB India today announced the expansion of two educational programs as part of its CSR initiatives to support inclusive and equitable education. These programs, which were being run in 98 schools in Nelamangala, will now also expand to 50 schools in Peenya starting this academic year reaching a total of 148 schools and around 10,000 students from Peenya and...
00:05:15
Electrical & Power

Why quality electrical equipment is key to fire safety

Why quality electrical equipment is key to fire safety Tune in to this exclusive interview with S.S. Warick, Director of Maharashtra Fire & Emergency Services, as he discusses the impact of electrical equipment on fire incidents and the importance of adhering to quality standards in electrical installations. He also provides recommendations for the developer community to prevent electrical fire accidents. When it comes to fire accidents, how do you see the...
Electrical & Power

Triton EV launches “Made in India” Hydrogen Internal Combustion Engine

Triton EV launches “Made in India” Hydrogen Internal Combustion Engine Triton Electric Vehicle LLC, the electric vehicle company headquartered in Cherry Hill, New Jersey-USA, announces the launch of its cutting-edge hydrogen internal combustion engine. “This state-of-the-art technology is developed in India and is poised to transform the automotive industry by providing an eco-friendly zero-carbon emission alternative to traditional gasoline engines, emphasizing performance, efficiency, and environmental sustainability,” the company said. Triton EV's...
Manufacturing

Industrial AI Conference enters its second round

Industrial AI Conference enters its second round In the run-up to HANNOVER MESSE 2025, Deutsche Messe AG will be organizing the Industrial AI Conference on 22 January 2025 in Frankfurt, following on from the successful event in 2024. Next year, the AI Conference will be divided into three tracks: Business, Engineering and Deep Tech. “The Industrial Conference will be the ideal platform for exchanging information on the current state of knowledge...
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