News

Jamshedpur, India –TCPL Green Energy Solutions Pvt Ltd (TCPL GES), a wholly owned subsidiary of Tata Cummins Pvt Ltd (TCPL), a 50:50 joint venture of Tata Motors Ltd and Cummins Inc, USA, inaugurated a new state-of-the-art manufacturing facility to produce hydrogen-based Internal Combustion Engines for Medium and Heavy Commercial Vehicles and other low- to zero-emission technology products in India.

Delhi/Mumbai, India and Brussels, Belgium – Naxnova (formerly known as Classic Stripes), a design and technology company and one of the leading industry leaders in surface augmentation, announced the acquisition of Quad Industries Belgium, a prominent player in the printed electronics sector, for INR 90 crore (approximately € 10 million).

Bengaluru, India – India’s recent decision to slash import taxes on specific electric vehicles has stirred excitement, especially within the corridors of Tesla Inc, an American multinational automotive and clean energy company.

New Delhi, India – The Ministry of Defence (MoD), Govt of India, has signed five major contracts worth INR 39 000 crore (US$ 4.7 billion) to further the ‘Make in India’ initiative in the defence sector.

Gurugram, India – Sona BLW Precision Forgings Ltd (Sona Comstar), one of the leading global providers of automotive technology solutions, recently announced the achievement of two remarkable production milestones.

Bengaluru, India – As India targets a US$ 7 trillion economy by 2030, increasing female participation in manufacturing becomes imperative. Currently at 25 percent, India’s female labor force participation rate needs to reach 50 percent to elevate GDP growth by 1 percent, as per World Bank estimates.

New Delhi, India – Sterling Generators Pvt Ltd, a part of Sterling and Wilson Pvt Ltd., one of India’s leading engineering, procurement, and construction (EPC) companies, announced that it has recently signed an agreement with Tecnicas Reunidas SA, one of the world leaders in engineering and construction in the energy sector.

The Spanish Hardware and Industrial Supply Cluster (ESKUIN) member companies, which comprise hand tool and metalwork manufacturers, recorded a joint turnover of € 455 million at the close of 2023, a record-breaking increase of 2.8 percent over 2022.

Frankfurt am Main, Germany – Which highlights are definitely a must-see for visitors to GrindingHub 2024? The answer came from 14 exhibitors at an exclusive preview on March 21.

Donostia-San Sebastián, Spain – AIMHE’s (Asociación de Importadores de Máquina-Herramienta—a Spanish Association of machine tool importers and AFM Cluster) General Shareholder’s Meeting held at the BEC (Bilbao, Spain) witnessed the associated companies re-electing José Ignacio Ortiz de Urbina to continue his duties as President for the next two years.