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Indian construction equipment industry records 26% sales growth in FY24 With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment (CE) industry has recorded 26% increase in overall sales volume for the financial year 2023-24, a statement issued by Indian Construction Equipment Manufacturers Association (ICEMA) said. The industry witnessed significant increase in demand in both domestic as well as exports markets, by...

Tata Power Renewable Energy signs PPA with SJVN to set up 460 MW FDRE project Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has signed a Power Purchase Agreement (PPA) with SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energy (FDRE) Project.The plant, designed to meet the 460 MW FDRE requirement, integrates solar, wind, and...

PG Technoplast opens new integrated AC manufacturing facility in Rajasthan PG Technoplast Private Limited, a wholly-owned subsidiary of PG Electroplast Limited (PGEL), announced the opening of its new air-conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air-conditioning market.Vishal Gupta, Managing Director (Finance), PG...

Huf opens its first testing and requalification center in India Huf, the German headquartered specialist for car access and authorization solutions, recently announced the inauguration of its new testing and requalification center in India at its plant in Chakan near Pune with local customers and employees. With the opening of TCIL (Technical Center India Laboratory), Huf expands its local engineering competence after the inauguration of the Technical Center India (TCI)...

Engineer Woman Award goes to Yvonne Groth Dipl.-Ing. Yvonne Groth was honored with the Engineer Woman Award at the opening ceremony of the FEMWORX Career Congress. An independent jury consisting of the members of the FEMWORX Congress Advisory Board had previously nominated four female experts for this prestigious prize.The winner was honored on April 25 at the opening of the FEMWORX Career Congress. Dr. Kathrin Rüschenschmidt, Director Innovation Process &...

PMTX 2024 and FACTEQ 2024: Powering Manufacturing Advancements in IndiaIndian Machine Tool Manufacturers’ Association (IMTMA) is organizing the third edition of Pune Machine Tool Expo and the first edition of FACTEQ 2024 from May 23rd to May 26th, at Pune International Exhibition and Convention Center. PMTX 2024, recognized as a premier business-to-business exhibition, is dedicated to empowering Micro, Small, and Medium Enterprises (MSMEs) by enhancing their competitive advantage. With...

Strong growth of EtherCAT: 77 mn nodes in total, including 18 mn in 2023 The strong growth of EtherCAT continues: the EtherCAT Technology Group (ETG) now counts a total of 77 million EtherCAT nodes worldwide, with 18 million added in 2023 alone. These figures are based on EtherCAT chips sold. To mark 20 years of EtherCAT, the ETG published node figures for the first time last year, which is why...

SPE Industrial Partner Network appoints new board members In the frame of their general meeting held on line on April 2, the SPE Industrial Partner Network e. V. has elected a new Board. Frank Welzel, HARTING Electronics, has been re-elected as Chairman of the Board. The following four board members representing the founding members of the SPE Industrial Partner Network have been appointed to the Board: Claus Kleedoerfer, TE Connectivity...

Gruner bags Rs. 1,500 Cr compressed biogas plants projects Gruner Renewable Energy has recently bagged multiple projects worth Rs 1,500 crore for Compressed Biogas (CBG) Plants, which would collectively contribute to an annual production of over 88,000 tonnes of CBG for the Indian market. These projects are located across various cities, including Ayodhya (Uttar Pradesh), Satna (Madhya Pradesh), Balasore (Odisha), Navsari (Gujarat), Yavatmal (Maharashtra), Vijayawada, and Rajahmundry (Andhra Pradesh), and...

SFC Energy presents “most powerful” hydrogen fuel cell at HANNOVER MESSE 2024 SFC Energy AG is showcasing its powerful hydrogen fuel cell solution at the ongoing HANNOVER MESSE 2024.SFC Energy claims that the pilot series EFOY H2PowerPack is the company's most powerful fuel cell solution to date. It said, “The EFOY H2PowerPack (EFOY Hydrogen Power Pack) provides users with a continuous electrical output of 50 kW for their applications. The...

Tata Power Solar partners with Indian Bank to support PM Surya Ghar Muft Bijli Yojana Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), announced its strategic partnership with Indian Bank to support the adoption of solar rooftop among residential consumers. The collaboration aims to facilitate financing solutions under the recently announced Pradhan Mantri Surya Ghar Muft Bijli Yojana for installations up to 3...

Bajaj Auto announces leadership changes Appoints Abraham Joseph as MD of Chetak Technology and Ramtilak Ananthan as CTO of Bajaj AutoBajaj Auto Ltd today announced key leadership changes. The company has appointed Abraham Joseph as the Managing Director of Chetak Technology Ltd., its wholly owned subsidiary. “Chetak Technology Ltd. has been a pioneer in the field of Electric Vehicles, driving innovation and agility in this hyper-competitive market, and Mr. Joseph,...

UltiMaker launches Factor 4, a new standard in industrial-grade 3D Printing UltiMaker, a global leader in 3D printing, today announces the release of the UltiMaker Factor 4 industrial-grade 3D printer, designed to take manufacturing to new levels of efficiency and reliability. Factor 4 is an end-to-end 3D printing solution for light industrial applications.The UltiMaker Factor 4 3D printer is engineered for the development and production of process-critical tools and components....

Festo sees good growth prospects By expanding the Business Regions in North and South America and India, the company aims to tap into the huge growth potential in these markets even faster.After years of strong growth, 2023 was a year of consolidation. Turnover was just below the previous year’s level (- 4.3% to around 3.65 billion euros). Festo continued to invest heavily in research and development and the expansion of...

Schneider Electric launches EasySet MV switchgear Schneider Electric announced the launch of its new EasySet MV air-insulated indoor switchgear. “This innovative and sustainable switchgear offers unparalleled ease of operation, monitoring, and maintenance for meeting electrical distribution needs,” the company claims.Speaking on the sidelines of the launch, Udai Singh, Vice President, Power Systems- Greater India, Schneider Electric said, “The EasySet MV switchgear reflects Schneider Electric’s commitment to develop and innovate products...