Tractor Sales Expected to Rise 8-10% During Festive Season: Escorts Kubota CFO
Tractor sales during this year’s festive season, spanning September to November, are projected to grow by 8-10%, driven by improved market sentiment following a good monsoon, according to Bharat Madan, Whole-Time Director and CFO of Escorts Kubota Ltd. Speaking to PTI, Madan noted that after a subdued first half of the fiscal year, the tractor […]
Mitsubishi Shipbuilding Launches LNG-Powered RO/RO Ship TRANS HARMONY EMERALD
Mitsubishi Shipbuilding, part of the Mitsubishi Heavy Industries (MHI) Group, recently christened and launched the TRANS HARMONY EMERALD, an LNG-powered roll-on/roll-off (RO/RO) vessel built for Toyofuji Shipping Co., Ltd. The ceremony took place at the Enoura Plant of MHI’s Shimonoseki Shipyard in Yamaguchi Prefecture. The ship will be delivered in June 2025 after outfitting and […]
Azad Engineering Secures ₹700 Cr Deal with Mitsubishi Heavy Industries
Azad Engineering has signed a Long-Term Contract and Price Agreement (LTCPA) with Mitsubishi Heavy Industries (MHI), Japan. The partnership involves supplying advanced rotating and stationary airfoils for gas and thermal power turbine engines, catering to MHI’s global power generation requirements. Valued at approximately $82.89 million (₹700 crore), this agreement marks a significant milestone in strengthening […]
Heavy Industries Ministry Revisits E-Truck Subsidy Plan, Advocates Domestic Production
In New Delhi, the Ministry of Heavy Industries convened a meeting to fine-tune its ₹500 crore e-truck subsidy under the PM E-drive scheme. The agenda included finalizing per-vehicle support and setting two-year rollout goals for e-trucks. Kamran Rizvi, Secretary of the Ministry, emphasized the importance of ramping up domestic production to reduce reliance on imports. […]
Mr. Bhupinder Singh, Chief Executive Officer, Messe Muenchen India
Empowering construction innovation at bauma CONEXPO INDIA 2024 bauma CONEXPO INDIA continues to drive innovation and collaboration in the construction machinery industry. The event creates connections through interactive zones, sustainability initiatives, and targeted discussions and empowers participants to explore groundbreaking solutions. – Mr. Bhupinder Singh, Chief Executive Officer, Messe Muenchen India How does bauma CONEXPO […]
Siemens Transform 2024 showcases tech powering digital transformation in industry and infrastructure.
At Transform – Innovation Day 2024, Siemens Limited, India recently showcased the company’s latest innovations, solutions and partnerships that accelerate the digitalization and sustainability transformation of industry, infrastructure and mobility sectors in India. The company conducted expert sessions on pertinent topics including, Industrial Metaverse, Digital Twin, Cybersecurity, Generative AI in manufacturing, AI for Datacentres, technology […]
UltraTech scales up its logistics operations with more than100 EV trucks
UltraTech Cement Limited, India’s largest cement and ready-mix concrete company, has announced that it is scaling up the use of Electric Vehicles (EV trucks) for movement of material and products in its logistics operations. The Company has signed a new transport service contract for deployment of about 100 electric vehicles (EV Trucks) for the transportation […]
ABB India revamps Faridabad facility, boosting sustainability and efficiency
ABB India’s IEC LV motors business is expanding and transforming the company’s long-established manufacturing facility in the country. Started in 1951, it now boasts of an expanded modern workplace facility with upgraded shopfloors. IEC LV motors are known as the workhorses of Indian industries and play a crucial role across sectors. The facility has evolved […]
Doosan Bobcat Signs an MOU to Expand Hydrogen Forklift Supply
Doosan Bobcat, the first company to commercialize hydrogen forklifts in South Korea, is now embarking on an effort to expand the reach of hydrogen mobility. On November 13th, Doosan Bobcat announced that it had signed a tripartite Memorandum of Understanding (MOU) with Gwangyang City and Korea Logis Pool (KLP) to collaborate on the “Gwangyang Hydrogen […]
Hanson Australia enters a new era with rebrand to Heidelberg Materials
Hanson Australia today celebrates an historic milestone by transforming to Heidelberg Materials Australia, in line with its parent company’s global rebranding strategy. Heidelberg Materials Australia Chief Executive Phil Schacht, said the transformation reflected the company’s drive for continuous improvement and a broadened offer to the construction and building materials market, as well as its commitment […]