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Recycling firm revalyu Resources opens its second facility in Nashik

revalyu Resources invested US$100 million to bring the total production capacity at its Nashik, India site to 620,000 pounds per day making it the world’s largest PET plastic recycling site. PET recycling firm revalyu…

ABB India upgrades its Faridabad plant to enhance sustainability efforts

Faridabad IEC LV motor manufacturing unit will enhance sustainability through facility expansion and the adoption of solar power and renewable electricity. ABB India’s IEC LV motors business is expanding and transforming the…

Gruner Renewable Energy appoints Ajmal Singh Kathat as executive vice president

Gruner Renewable Energy has appointed Ajmal Singh Kathat as its new Executive Vice President. With over 36 years of experience in security, intelligence, and resource management.  Gruner Renewable Energy, India’s…

The government sets ambitious credit growth targets for MSMEs

The Indian government has set credit growth targets for Micro, Small, and Medium Enterprises (MSMEs), mandating additional credit of ₹1.54 lakh crore in FY25 and total credit growth of ₹5.75…

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eMagazine December 2024

eMagazine December 2024
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Atlas Copco appoints Shalini Sharma as first Indian female GM

Atlas Copco Group has appointed Shalini Sharma as the new general manager (GM) for its brand studio in India. Sharma is the first Indian woman to hold this position, marking…

Reusable Starship sets new standards in global manufacturing

SpaceX’s Starship success in reusable rockets, capturing boosters mid-air, signals transformative advances for global manufacturing and our ambitions in sustainable, cost-effective space exploration and connectivity expansion. SpaceX completed a crucial test…

LAPP India appoints Sumit Mitra as their new MD

Bringing a wealth of experience from high-impact roles, including his recent tenure at SKF Group, Sumit is credited for driving operational excellence and market growth in both Indian enterprises and…

Mitsubishi’s Climaveneta to invest ₹400 crore in manufacturing facility near Bengaluru

The company is investing around Rs 400 crore on a 2.5 lakh sq ft manufacturing facility, located at Narasapura, close to Bengaluru with an aim to capitilise on chiller market.…

Setco Spindles India exports spindles to South Korea

Setco Spindles India completed trials and dispatched the first commercial export order to South Korean Machine Tool OEM. Setco Spindles India, a part of Setco, the world’s largest independent spindle…

SMEL introduces a blast furnace and sinter plan at Jamuria for higher steel output

Shyam Metalics and Energy Ltd. (SMEL)  has commissioned a blast furnace and sinter plant at its Jamuria location, costing ₹. 600 crore, to increase production capacity and meet the growing…

AM/NS India to invest ₹1.4 lakh crore in Andhra Pradesh steel project

The AM/NS steel project will be one of the most notable greenfield ventures in recent times. In the first phase, the business will build a blast furnace steel factory with…

UNITED GRINDING Group to acquire GF Machining Solutions Division

UNITED GRINDING Group has agreed to acquire its GF Machining Solutions Division (GFMS) from Georg Fischer AG, Schaffhausen, Switzerland. UNITED GRINDING Group announced the signing of an agreement with Georg…

Schneider Electric introduces MasterPacT for sustainable energy management

Schneider Electric has introduced the MasterPacT MTZ Active, a circuit breaker designed to enhance safety, efficiency, and sustainability while maintaining business continuity. Schneider Electric, a pioneer in digital energy management…

Inovance Technology India opens a new branch in Surat

Inovance Technology, a global leader in industrial automation solutions, has opened a new branch office in Surat, Gujarat.  Inovance Technology, a global leader in industrial automation solutions, announces the opening of its…

LAPP India fuels innovation with Made-in-India connectivity solutions

LAPP India has expanded its product portfolio to address the evolving challenges of industries by introducing locally manufactured connectivity solutions.  LAPP India, a global leader in cable and connection technology,…

DECELER inaugurates new office in Pune 

After an impressive 11-year journey in the business, DECELER proudly inaugurated its first branch office in Pune. This significant expansion marks a pivotal moment in their commitment to better serve…

NAMTECH and ABB Robotics partners to establish the School of Robotics

The School of Robotics will open in 2025, advancing robotics education and industry integration in India. ABB Robotics and New Age Makers’ Institute of Technology (NAMTECH) have signed a Memorandum of…

AI to be instrumental in realising Prime Minister’s vision of a “Viksit Bharat”

Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas states that AI adoption can generate Rs 33.8 Lakh Cr economic value in the country by 2030 at ENRich 2024…

JPFL Films expands its Capacitor Films Business with ₹ 250 Crore investment 

Technical success of the capacitor films among customers including TDK, Tibcon, Jimcap, Shreem, Magnewin etc. JPFL Films Pvt Ltd (Jindal) announces full capacity utilisation for the capacitor film business. The…

Roeslein & Associates appoints Jason Ramskill as President of Global Can Manufacturing

Roeslein & Associates has appointed Jason Ramskill as President of Global Can Manufacturing, a position he has held for over 25 years. Roeslein & Associates has appointed Jason Ramskill as…

WIKA India clinches the VDMA safety award

WIKA Instruments India Pvt. Ltd. has been awarded the “Work Condition and Work Safety” large category at the 13th Verband Deutscher Maschinen and Anlagenbau (VDMA) Mechanical Engineering Summit.  WIKA Instruments…

Atlas Copco introduces wastewater treatment solutions at IFAT India 2024

The company offered ZS blowers, ZB VSD+ high-speed turbo blowers, ZM multistage centrifugal air blowers, and exhausters, each with unique features that enhance wastewater treatment, control, low breaker rates, and…

Platinum industries to explore acquisitions and fund-raising at the October board meeting

Platinum Industries Ltd. is set to hold a Board of Directors meeting on October 24, 2024, to explore strategic acquisition opportunities and evaluate potential fund-raising initiatives. Platinum Industries Ltd., a…

Bharat Forge to acquire AAM India for ₹5.44 billion 

The acquisition will include the commercial vehicle axle business in Pune and Chennai, along with the Pune Engineering and Development Centre.  Bharat Forge Limited has agreed to acquire AAM India…

Tata Group to create 5 lakh manufacturing jobs in five years

With the growing ecosystem set up, N Chandrasekaran said a minimum of 5 lakh companies would emerge creating many indirect job prospects as well. The Tata Group plans to create…

The global drive toward autonomous truck solutions 

 The commercialisation of autonomous driving technology in the trucking industry has significantly advanced in 2024, with the global fleet expected to have an additional half million L4 autonomous drivers. The…

Tata AutoComp receives double recognition in Total Quality Management

Tata AutoComp Systems Limited has been awarded the Deming Prize for 2024, a global recognition for excellence in Total Quality Management. The award recognises Tata AutoComp’s commitment to customer-centricity, quality,…

Discover innovative technology at the Factory Automation Expo 2024

The Factory Automation Expo, scheduled for November 22-24, 2024, will showcase advanced technologies and innovations across various sectors, including automation systems, process control, fastening solutions, and robotics at the Pune…

IndoSpace plans to invest Rs 4,500 Cr in Tamil Nadu over 3 years

IndoSpace plans to invest INR 4,500 crore in new logistics and warehouse parks in Tamil Nadu, aiming to support the region’s expanding manufacturing industries, including automotive and electronics. IndoSpace, developer,…

NORD Drivesystems to present drive solutions at the FMB exhibition

Drive specialist NORD DRIVESYSTEMS will showcase its range of mechanical engineering products at the Fachmesse für Maschinenbau (FMB) exhibition centre in Bad Salzuflen from 5 to 7 November 2024. Drive…

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