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igus Announces INR 100 Cr Investment in Bengaluru Facility to Drive Growth

igus, a world leader in motion plastics, recently announced the setup of a new facility in Bengaluru, India, to further strengthen and grow its successful operations in the country for over two decades, since it was established as a subsidiary in 2000.

Rohde & Schwarz and IEMN Collaborate to Research THz Communications

Rohde & Schwarz and the Institute of Electronics, Microelectronics and Nanotechnology (IEMN), Lille, France, have expanded their collaboration to research THz communications that utilize photonic technologies.

Constantia Flexibles and SB Packagings Begin Joint Venture

Constantia Flexibles, Premji Invest, and Amit Banga, Managing Director, SB Packagings, have finalized the joint venture to create one of the largest sustainable packaging platforms in India and South Asia, following regulatory approval from the Competition Commission of India.

SANY India Strengthens Presence in Pune with New 4S Office for Construction Equipment

SANY Heavy Industry India Pvt Ltd (SANY India), a leading manufacturer of construction equipment, has announced the inauguration of its new 4S office in association with OM Hydraulics Equipments in Pune, Maharashtra.

Saint-Gobain, Vibrant Energy Joins Forces for Wind-Solar Power in India

Saint-Gobain has signed a Power Purchase Agreement (PPA) in India with Vibrant Energy, a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG), to provide wind-solar electricity to 6 local Saint-Gobain sites.

Praj Industries Revenue Crosses INR 35,000 Million Mark

Praj Industries Ltd, India’s most accomplished industrial biotechnology company, announced its audited financial results for the quarter and full year ended March 31, 2023. The Board of Directors proposed a final dividend of INR 4.50 per equity share at 225 percent of the face value.

SmartFactory-KL Elects Dr Detlev Richter to the Board; Bids Farewell to Klaus Stark

SmartFactory-KL, a research & industry network and official name of Technology Initiative SmartFactory KL, held the 19th regular General Membership Meeting on May 11, 2023. Dr Detlev Richter replaces Klaus Stark.

Manali Petrochemicals Sees Revenue of INR 334 Crore

Manali Petrochemicals Ltd announced its Quarterly and Annual Audited financial results for the Q4 and YE FY23 recently. During the quarter ended March 31, 2023, revenue on a standalone basis was INR 266 crore and net profits were INR 1.33 crore.

iMerit Study Reveals Data Quality as the Primary Challenge for Successful Artificial Intelligence

iMerit, a leading artificial intelligence (AI) data solutions company, released its 2023 State of ML Ops report, which includes a study outlining the impact of data on wide-scale commercial-ready AI projects.

igus Presents Hygienic Design Linear Guide for Clean & Safe Applications

igus GmbH developed the first linear guide system, based on the Hygienic Design guidelines, to cater to the needs of cleaning with chemicals in the food processing industry, where even the smallest blind spot can collect moisture and lead to contamination.

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