Page 80 - Manufacturing Industry

Jindal Rail awards Rs 10 cr contract to Simplex Castings

This follows Rs 54 crore order bagged by Simplex Castings from Indian Railways last week

Italy's Sipal form JV with Lumax Auto for aerospace & defence sector

JV will be a full service provider for all type of integrated logistic support engineering to the aerospace, defence & automotive sectors

L&T Construction bags orders worth Rs 1038 cr for power T&D in Nov

Orders include a contract (of $ 108 mn) from Saudi Electricity Company for the construction of five 132 kV substations in Saudi Arabia

Ashok Leyland bags export contract worth $ 200 mn

As per the contract, awarded by the government of Cote D'Ivoire, the Hinduja Group company will supply 3600 vehicles, which include trucks and buses

Italy's Marangoni forms JV with GRP for tyre retreading

Two companies aim to tap the retreading market, which offers a huge opportunity with rising use of radial tyres in India

Heat exchanger maker TEMA bags global SME award

The award, presented by Dun & Bradstreet and Karur Vysya Bank, recognises the leading SMEs by bringing to the fore the success stories of these companies

Road network expansion to propel demand for bitumen in India

India's bitumen consumption will outpace production in the coming years as demand is expected to accelerate, says experts at Asian Bitumen conference

Lanco inks pact with Chhattisgarh govt for 100-MW solar cell facility

This unit will produce polysilicon, the starting material for photovoltaic (PV) value chain, and act as an anchor unit facilitating development of solar PV and ancillary units in solar SEZ

Germany's Durr buys Mhitraa Engineering to strengthen cleaning technology biz

The acquisition will enable Durr to expand its portfolio of cleaning systems in India, thus covering the entire range - from entry-level cleaning machines to high-end-systems

Networks spark digital transformation in manufacturing industry

In the digital age, networks need to be agile: to support the business into the future, by reconfiguring and scaling as traffic volumes shift to new markets, products, etc

Govt to start auctioning for 70 mine leases by year-end

The government is also contemplating a separate policy for deep seated minerals such as diamond and gold

Siemens and TUV set up training centre for occupational safety in Mumbai

The global training centre has been specifically designed to provide practical training on the latest safety equipment and techniques

Simplex Castings bags Rs 54 cr contract from Indian Railways

The order is approximately 31 percent of the company's total turnover in 2014-15

IOL Chemicals raises ibuprofen capacity to 6200 tpa

Expansion follows a de-bottlenecking project undertaken by the company at an estimated cost of Rs 24 crores

STEER develops technology to make jute-filled polypropylene compounds

The company claims jute polymers can be used in automobile parts, construction materials and cooking containers, thus giving a boost to Indian jute industry

Virginia Governor visits Uflex's India office

Invites flexible packaging company Uflex, which already has operations in Kentucky, to set up business in Virginia (USA)

Solar power to revitalise the Indian energy sector: KPMG

If combined with storage, solar rooftop power, which is already competitive compared to grid power, could be cheaper than grid power after 2022, says the new KPMG report

Alstom bags Euro 3 bn contract from Indian Railways to supply 800 locomotives

The company will also set-up a plant at Madhepura (Bihar) and two maintenance depots at Saharanpur (Uttar Pradesh) and Nagpur (Maharashtra)

Apollo Tyres buys Germany tyre distributor Reifencom for Euro 45.6 mn

The acquisition will help Apollo to improve its mix of distribution channels in Germany and Europe as the Germany-based tyre distributor has both online and offline presence

Inox Wind commissions rotor blade facility in Madhya Pradesh

The facility, which will produce rotor blade sets, nacelles & hubs and towers, will double Inox Wind's manufacturing capacity to 1,600 MW