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Industry Segments Online News Updates

Manufacturing

HANNOVER MESSE 2024 to present climate-neutral solutions for industry

HANNOVER MESSE 2024 to present climate-neutral solutions for industry Expanding competitiveness, protecting the climate, driving prosperity – these are the key tasks facing industry today. Innovative technologies are crucial to meeting such challenges. But how can companies make the most efficient use of automation, artificial intelligence, renewable energies and hydrogen? HANNOVER MESSE 2024 provides the answers. “Innovative technologies like those we see in April at HANNOVER MESSE are paving the way...
Manufacturing

Asia ahead of Europe and the Americas industrial robot installations: World Robotics 2023 Report

Asia ahead of Europe and the Americas industrial robot installations: World Robotics 2023 Report The new World Robotics report recorded 553,052 industrial robot installations in factories around the world – a growth rate of 5% in 2022, year-on-year. By region, 73% of all newly deployed robots were installed in Asia, 15% in Europe and 10% in the Americas. “The world record of 500,000 units was exceeded for the second year in...
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Construction

Metso opens new plant in Alwar, Rajasthan

Metso opens new plant in Alwar, Rajasthan Witness the exciting development as Metso, the leading global provider of equipment, services, and process solutions for rock and minerals processing, ventures into the thriving Indian market. With a remarkable investment of 200 million euros, Metso's state-of-the-art manufacturing facility is set to transform the landscape of mobile track-mounted crushing and screening equipment production in India. Join us for an exclusive conversation with industry leaders: - Markku...
Electrical & Power

Sterlite Power acquires Beawar Transmission Limited Project from REC

Sterlite Power acquires Beawar Transmission Limited Project from REC Sterlite Power has disclosed its acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV), from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of Rural Electricity Corporation. Sterlite Power was awarded the project through the Tariff Based Competitive Bidding (TBCB) process in August 2023. The company will construct the Green Energy Corridor project through the Beawar Transmission Limited SPV on...
Construction

BKT to showcase its state-of-the-art masterpieces at IME Kolkata

BKT to showcase its state-of-the-art masterpieces at IME Kolkata Balkrishna Industries Ltd. (BKT), the Indian multinational Group and a leading global player in the Off-Highway tire market will participate in the 10th edition of the International Mining Exhibition (IME) in Kolkata, organized by the MGMI and TAFCON. The event will be held between November 6th and 9th at Eco Park, Rajarhat in Kolkata. The trade fair will provide an excellent...
Electrical & Power

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira ABB is working in partnership with SMS group, a specialist in plant construction, mechanical and electric & automation engineering for the metals industry, to provide all the MV motors and MV drives for ArcelorMittal Nippon Steel’s new hot strip mill in India. The scope also includes a large number of low voltage (LV) drives....
Infrastructure

Aurassure raises Rs. 4 Cr in seed round from Unicorn India Ventures

Aurassure raises Rs. 4 Cr in seed round from Unicorn India Ventures Bhubaneswar-based IoT enabled climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures. “The funds raised will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities,” the start-up said. Aurassure using its powerful...
Construction

Metso opens new manufacturing facility in Alwar, Rajasthan

Metso opens new manufacturing facility in Alwar, Rajasthan Metso has extended its manufacturing capacity of mobile track-mounted crushing and screening equipment in Alwar, India, by opening new manufacturing facilities. After the extension is complete, the total size of the Alwar factory is approximately 3,40,000 square meters (Approx 85 acres), adding 35% more capacity to the factory initially opened in 2008. The Alwar factory has become one of Metso's biggest manufacturing...
Electrical & Power

CECIMO’s Global Machine Tool Insights

CECIMO's Global Machine Tool Insights Officials from machine tool associations, representing over 80% of global machine tool production, convened at the premier production technology trade fair to showcase their resilience and robustness in the midst of numerous global challenges. Despite a stable outlook for 2023, predictions for the worldwide machine tool industry are moderated by a multitude of international and economic obstacles. Leveraging the industry's combined capabilities, cooperation, inventive thinking,...
Electrical & Power

igus presents cutting-edge technology at EMO 2023

igus presents cutting-edge technology at EMO 2023 In addition to the shortage of skilled workers, the machine tool industry faces significant challenges, including high energy costs, mounting cost pressures, and declining incoming orders. To thrive in this demanding environment, companies must enhance their production capabilities while maintaining cost-efficiency. Consequently, igus will showcase cutting-edge technologies at EMO 2023, designed to alleviate these challenges. These technologies include user-friendly, cost-effective robots, an online...
Electrical & Power

EMO Hannover opens; 1,850 exhibitors from 42 countries participating

EMO Hannover opens; 1,850 exhibitors from 42 countries participating EMO Hannover officially opens its doors today after a four-year break. "Some 1,850 exhibitors from 42 countries will be showcasing their latest machines, solutions and services for industrial production at the world's leading trade fair for production technology," says Carl Martin Welcker, General Commissioner of EMO Hannover at the opening press conference. "EMO is the hub of the international industry for...
Electrical & Power

OMRON Device & Module Solutions business charts out strategy for growth in India

OMRON Device & Module Solutions Business Charts Out Strategy for Growth in India OMRON Device & Module Solutions business, a leading provider of electronic components, has announced its strategic growth plan for India. Focused on four key growth domains, the company aims to strengthen its presence via working together with market & technology leaders to create advanced solutions catering to varied industry needs in these domains. The growth domains charted out...
Infrastructure

PM lays foundation stone for Rs. 49,000 Cr petrochem project in MP

PM lays foundation stone for Rs. 49,000 Cr petrochem project in MP Prime Minister Narendra Modi laid the foundation stone for Rs. 49,000 crore petrochemicals project at Bharat Petroleum Corporation Ltd's (BPCL) Bina Refinery in Madhya Pradesh. The Project involves increase in BPCL’s Bina Refinery capacity from 7.8 MMTPA to 11 MMTPA. “The entire project will be completed in 5 years and will save Forex outgo of Rs. 20,000 crores per...
Infrastructure

eTrans Solutions acquires Ranet4u, aims Rs. 100 Cr turnover in 3 years

eTrans Solutions acquires Ranet4u, aims Rs. 100 Cr turnover in 3 years eTrans Solutions Pvt Ltd, a Kolkata-based e-logistics, fleet management solutions company, recently completed the acquisition of Bengaluru based Telematics and IoT company Ranet4u - a subsidiary of Rane Holdings. As per the acquisition agreement, Rane Holdings. has been allotted 8,62,505 (Eight lakhs sixty two thousand five hundred and five) Equity Shares having face value of Rs.10/- each, in exchange...
Construction

Tisva launches its first store in Kolkata

Tisva launches its first store in Kolkata Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata. Inaugurated by movie star Rituparna Sengupta, this lighting studio is a one-stop shop for all things lighting – from basic to high-end, from minimalistic to opulent, as well as luxury and architectural lighting solutions, and...
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