Page 36 - Manufacturing Industry

Indian auto component industry gaining momentum on rising vehicle demand

The auto component industry, which is expected to reach $ 100 billion by 2020, will have to be extremely competitive and effective to capitalise on this demand, says Vishal Kulkarni

BHEL's secures exports orders from two African countries

The company has received orders to supply industrial motors to Togo and Benin

Maruti Suzuki to set up industrial training institute in Gujarat

Japan-India Institute of Manufacturing (JIM), to be built in Mehsana, will train 300 youths per year in technical trades and Japanese shopfloor practices

Inox Wind bags order for 40-MW wind project from Roha Dyechem

The project, to be based in Gujarat, is scheduled to be commissioned by March 2017

Sanofi India to collaborate with NIPER Kolkata for pharma education and R&D

Two sides will be collaborate in the areas of pharmaceuticals and consumer healthcare products to cater to the current and future needs of the industry

Reliance Industries ties up with GE to foray into industrial IoT space

RIL will use GE's Predix platform to provide industrial Internet of Things (IoT) solutions to customers in oil & gas, fertiliser, power, healthcare, telecom and other industries

Danish firm Novozymes plans Rs 300-cr enzymes facility near Mumbai

The company's new enzyme production and supply chain facility, which is expected to be ready for operation in 2018, will cater to the growing India and South-East Asia markets

Fiem Industries forms JV with Japanese firms for automotive switches

The company has roped in Toyodenso Co Ltd and Toyota Tsusho Corp to manufacture automotive switch assemblies in India

Material innovation to bring long-lasting solar panels in market

Biggest growth opportunities in solar often lie in emerging markets located in harsh climates, so technologies to make modules more durable are growing in demand, says Lux Research

Intertape Polymer to invest $ 20 mn in India to expand packaging tapes capacity

The US-based company will expand the capacity of Daman facility of Powerband (in which it acquired 74% stake in September 2016) and construct a greenfield facility in the country

Wheels India ties up Spain's Fluitecnik to make components for wind turbines

Through this tie-up, Wheels India Ltd, a part of TVS Group, will manufacture hydraulic components for supply to wind mill manufacturers in India

Smart sourcing of comparators to reduce biosimilars development cost

Sourcing comparators, the reference drugs used during clinical trials of biosimilars, from emerging markets can cost 50% less than developed countries, says Dr Piyush Gupta

ABB wins order to supply transformers to Indian Railways

As per the order, awarded by Alstom, ABB will supply 1600 underframe traction transformers for the 800 locomotives in the country

UK's LycaHealth to set up healthcare centre in Chennai

The company, which will initially spend Pound 15 million in the new facility, aims to increase the investment to Pound 75 million over the next five years

Kingfa Science acquires land in Pune to build plastics making facility

The Chinese plastics company, which forayed into India by acquiring Hydro S&S Industries in 2013, is planning to expand its manufacturing activity in the country through this new site

GE Power bags Rs 270 cr contract from BHEL

The company will supply two units of 800 MW supercritical boilers for the thermal power project in Telangana

Lupin launches Activella generic in US

Activella (estradiol and norethindrone acetate tablets), marketed by Amneal Pharmaceuticals, had annual sales of $ 91.1 million in the US, according to IMS Health

One in every ten children more prone to diabetes in urban India: Study

Reasons for rise in childhood diabetes are high calorie diet, junk food, inactivity, less outdoor games and more of indoor games, according to Assocham study

Lupin launches injectable iron formulation in India

The company has acquired exclusive marketing rights for this product from Danish firm Pharmacosmos

Natural flavours & fragrances demand in food to reach $ 960 mn in 2020

Demand for natural flavours that can compensate for reduced sodium, sugar, and fat in foods will continue to be strong, says Freedonia Group report