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Yaskawa Electric to establish subsidiary in India for motion control products
Written by Jeeva   
Wednesday, 07 July 2010
Yaskawa Electric Corporation has announced its plans to establish a new subsidiary in India to manufacture and market servo and drive products. The Indian entity will be named Yaskawa India Private Limited and is scheduled to be incorporated by the end of August 2010 with production expected to commence in January 2011.

This move is aimed at meeting the soaring demand in the country as well as increasing competitiveness through reduced cost and quicker delivery. Yaskawa's strategic focus is on the enhancement of customer satisfaction by providing prompt deliveries and also catering to diversified user demands.
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Hindustan Dorr-Oliver joins hands with SPIG S.p.A & Bronswerk Heat Transfer BV
Written by Vijay   
Wednesday, 07 July 2010
Mumbai: Hindustan Dorr-Oliver Ltd (HDO) has joined hands with Bronswerk Heat Transfer BV, Netherlands (BHT), a six decade old leading Technology and Manufacturing Company which supplies equipments like Air cooled Heat Exchangers and High pressure Heat Exchangers to various process plants, process license holders, plant construction companies, OEM and leading global consultants in the area of Oil & Gas, Refinery, Petrochemical and Power Plants.

This technology tie-up provides HDO with entry in High Pressure Heat Exchanger space and exploring and expanding into new sectors with Bronswerk Heat Transfer BV, Netherlands.
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Revathi Equipment sets up new manufacturing facility at Gummidipoondi
Written by Hari   
Wednesday, 07 July 2010
Chennai: Revathi Equipment, a part of the Renaissance Group, has commissioned a new manufacturing facility at Gummidipoondi in Tamilnadu for its Construction Equipment Division. The new manufacturing facility, which has been set up with an investment of INR 300 Million, offers equipment for Preparation, Transportation and Placing of Concrete.

Revathi Equipment Ltd manufactures Blast hole drills for the mining industry and Concrete Batching Plants, Concrete pumps and truck mounted mixers for the construction industry.
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Foreign Defence Suppliers seeking Indian Industry in their Global Supply Chains
Written by Anand   
Wednesday, 07 July 2010
New Delhi: Foreign Defence Suppliers are Seeking to Incorporate the Indian Defence Industry into Their Global Supply Chains, says a CII-Deloitte Defence Report which was released by Mr. R.K. Singh, Secretary (Defence Production), Ministry of Defence, Government of India at Eurosatory 2010 exhibition in Paris.

Total indigenous production over 2011-2015 would need to expand from approx USD 30 bn to more than USD 70 bn in the span of 5 years to be able to achieve 70 percent indigenization by the year 2015. Defence industry would need to expand by an average of 30 percent a year over the next 5 years. It is estimated that India is likely to spend nearly USD 80 bn USD for next five years (2010-2015) on Capital expenditure.
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Ford India commences engine export to AutoAlliance Thailand
Written by Satish   
Wednesday, 07 July 2010
Chennai – Ford India shipped it's first batch of 1.4L and 1.6L high compression petrol engines manufactured at Ford India's Maraimalai Nagar engine facility to sister manufacturing plant, AutoAlliance Thailand (AAT).

The number of engines exported will increase to 2,500 per month, and will continue to build as projected export demand gradually increases through the year-end and into 2011. In addition to the AAT facility, Ford India will export engines to other Ford plants in Asia Pacific, including those already being sent to South Africa.
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