Friday, November 15, 2024
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Industry Segments Online News Updates

Tata Power Solar, ICICI join hands to finance solar panels purchase

Tata Power Solar, ICICI join hands to finance solar panels purchase Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), announces its strategic collaboration with ICICI Bank to provide loans to finance the purchase of solar panels/ units for residential and Corporate customers.This collaboration aims to enhance the accessibility and affordability of sustainable energy solutions for a broader adoption of solar energy. Under...

Demand for machine tools continues to decline in Germany

Demand for machine tools continues to decline in Germany Orders received by the German machine tool industry in the second quarter of 2024 were 28 percent down on the same period last year, said The German Machine Tool Builders' Association (VDW).According to an official statement, ā€œOrders from Germany fell by 13 percent whereas those from abroad dropped by 33 percent. Orders received in the first half of 2024 were 26...

Panasonic Industrial Devices Division unveils factory automation solution for Indian OEMs

Panasonic Industrial Devices Division unveils factory automation solution for Indian OEMs The Industrial Devices Division (INDD) of Panasonic Life Solutions India (PLSIND), a leading diversified technology company introduced a comprehensive suite of factory automation solutions comprising of a Network Function Integrated Type HL-G2 SERIES - Laser Sensor, Motion Controller GM1, and Minas A7 servo systems at the ongoing Automation Expo 2024, Mumbai. These components together form a robust automation solution...

ABB delivers automation solutions for 10 GW of renewables in India

ABB delivers automation solutions for 10 GW of renewables in India ABB has surpassed a 10-gigawatt (GW) milestone in delivering its automation solution for renewable energy plants in India. ā€œStarting with a 100-MW project about seven years ago, ABB has strengthened its footprint in the renewable energy industry with this milestone, which is a result of over 300 renewable energy projects across India utilizing ABBā€™s IoT-based PLC solution,ā€ the company...

Construction equipment sales in Q1 of FY25 grew 5% Y-o-Y; Declined 29% Q-o-Q

Construction equipment sales in Q1 of FY25 grew 5% Y-o-Y; Declined 29% Q-o-Q The first quarter sales of construction equipment in FY 2024-25 grew 5% on a year-on-year basis, from 27,577 units in Q1 FY2023-24 to 28,902 units in Q1 FY 2024-25, said the quarterly results published by the Indian Construction Equipment Manufacturers' Association (ICEMA), the apex body for construction equipment (CE) manufacturers in India.The growth was a result of...

VOC Automotive launches Training Program with Job Placement Guarantee

VOC Automotive launches Training Program with Job Placement Guarantee VOC Automotive, a provider of automotive services, announces the launch of its innovative training program, VOC Technical Academy (VTA). Designed to equip individuals with the skills necessary to excel in the automotive sector, the program aims to train and employ 2,500 people with a minimum of a 10th-grade education.According to VOC, with over 600 participants already enrolled, this program is set...

DFI to present the future of automation at Automation Expo 2024

DFI to present the future of automation at Automation Expo 2024 DFI, a leading brand in embedded motherboards and industrial computers, has announced its participation in Automation Expo 2024 in Mumbai and will showcase its diverse range of products designed to meet the demands of modern industrial environments.The exhibition will feature DFIā€™s Embedded Systems and Industrial Panel PCs tailored for applications such as Intelligent Traffic Management System (ITMS), factory automation,...
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AceMicromatic at AMTEX 2024: An Exclusive Tour

AceMicromatic at AMTEX 2024: An Exclusive Tour Join us for an exclusive walkthrough of AceMicromatic's booth at AMTEX 2024, where they showcased an impressive lineup of cutting-edge machine tools. Discover the latest innovations including the Pluto 18, SJE 10 HT, HMC DTC-400XL High-Speed Drilling Tap Center, and the 740V Vertical Machining Centre. Don't miss the launch of the LJ-100LM and the CNC Simulator.Hear from the companyā€™s experts like Amit Goel,...

Laser Technologies to start manufacturing by 2025

Laser Technologies to start manufacturing by 2025 Incubated in June 2011 by Rakesh Agarwal and a team of technocrats, Laser Technologies Pvt Ltd has grown from a mission to provide cost-effective and innovative laser solutions for Indian manufacturers, particularly MSMEs, into a leading force in the laser industry. Today, the company is known for selling an average of one laser machine per day. But their ambitions donā€™t stop thereā€”they are...

Cummins India appoints Shveta Arya as Managing Director

Cummins India appoints Shveta Arya as Managing Director Cummins India Limited, one of the leading power solutions technology providers, announced that its Board of Directors has appointed Shveta Arya as an Additional Director and the Managing Director (Designate) effective August 8, 2024.Ā  Shveta Arya will take up the full-time role as the Managing Director of Cummins India Limited - effective September 1, 2024, subject to approval from shareholders through a...
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Visit JUMO India at Automation Expo 2024 | mojo4industry exclusive

Visit JUMO India at Automation Expo 2024 | mojo4industry exclusive JUMO India invites you to the Automation Expo 2024, where they will showcase their latest innovations in industrial sensors and automation technology. Watch Rupesh Desale, Director and Prakash Rao, Director from JUMO India invite you to their booth.Visitors can expect to: - Witness firsthand demonstrations of JUMO Indiaā€™s sensors and automation products. - Learn how JUMO Indiaā€™s solutions can enhance process...

Siemens Q3 results | Net profit rises 27% to Rs 578 Cr

Siemens Q3 results | Net profit rises 27% to Rs 578 Cr Siemens Ltd on Friday (August 9) reported an increase of 25% in Profit after Tax at Rs. 531 crore, for the third quarter that ended June 30, 2024. The technology firm registered Revenue at Rs. 4,714 crore, an increase of 7% over the same quarter in the previous year. The Companyā€™s New Orders stood at Rs. 6,245 crore,...

SMT Wins CONSIP 2-Year Tender to Supply Hydra TAVI Devices to All Hospitals

SMT Wins CONSIP 2-Year Tender to Supply Hydra TAVI Devices to All Hospitals Sahajanand Medical Technologies Ltd. (SMT) has secured a significant achievement by winning the Italian national CONSIP tender, a 2-year contract to supply its Hydra Transcatheter Aortic Valve Implantation (TAVI) devices to all hospitals across Italy. This milestone is a crucial step in SMTā€™s ongoing efforts to improve patient care through advanced medical technologies.The Hydra TAVI, known for...

FAST India & IIFLĀ Securities Releases State of Industry R&D for Energy sector

FAST India & IIFL Securities Releases State of Industry R&D for Energy sector Foundation for Advancing Science and Technology (FAST India) released its sectoral brief on the Energy sector for its series on the State of Industrial research and development (R&D) in India in collaboration with IIFL Securities. The latest brief presents an in-depth analysis of R&D trends, innovation outputs, and comparative performance metrics of major Indian chemical sector firms...

REnergy Dynamics Strengthens Leadership with Expert Advisory Board

REnergy Dynamics Strengthens Leadership with Expert Advisory Board REnergy Dynamics (RED), a leading force in the renewable energy sector with a particular focus on bioenergy, has announced the formation of a new Advisory Board to drive its growth and strategic vision. The company has brought together prominent figures from the energy, finance, and environmental sectors to guide its mission towards a sustainable future.At the helm of the Advisory Board is...
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Products of the Month

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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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