Shree Cement is committed to reducing thermal power use and boosting renewable electricity usage, aligning with national standards. India has invested in solar and wind power, with 236 MW of facilities constructed and 112 MW of plants planned in five states.

Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, is proud to announce its participation in the prestigious RE100 initiative, a global initiative led by Climate Group that advocates for businesses to switch to 100 percent renewable electricity for all operations. This pledge demonstrates Shree’s determination to expedite the worldwide transition to 100 percent renewable power usage among significant enterprises.

Neeraj Akhoury, Managing Director, Shree Cement Ltd said on the milestone, “Joining the RE100 initiative is a significant step in our journey towards becoming a modern and green building material company. We are committed to transitioning our operations to 100 percent renewable electricity consumption and accelerating investments in renewable electricity infrastructure. Our aim is to set a benchmark for sustainability within the cement sector and inspire positive change throughout the industry.”

Shree Cement is dedicated to lowering thermal power use while boosting renewable electricity usage in line with national standards. India has made significant investments to grow its solar and wind electricity portfolio, with 236 MW solar and wind power facilities constructed around the country, totaling about ₹. 1050 Crores. Additional 112 MW solar power plants are being built in five states: Jharkhand, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. 36MW wind power stations are being planned in Rajasthan. The anticipated investment for these solar and wind power projects exceeds ₹ 700 crores.

Atul Mudaliar, Director of Systems Change-India, Climate Group said, “Shree Cement’s commitment to use 100 percent renewable electricity by 2050 is commendable. Their plans as part of our RE100 initiative show that businesses in cement and other hard-to-abate sectors can transition their operations to become more sustainable, if they set their sights on this goal. This is the outlook the world needs from businesses to tackle climate change head-on.”

Neeraj Akhoury added, “With sustainability as the cornerstone of our growth strategy, we have been pioneers in adopting innovative technologies to minimise consumption of non-renewable sources and reduce emissions. We are also exploring innovative techniques to enhance renewable electricity usage such as battery storage, pump storage, green hydrogen, among others.”

Shree Cement will prioritise close collaboration with stakeholders, local communities, and government agencies to address challenges and promote the widespread adoption of renewable electricity solutions. The company will ensure transparent monitoring and reporting of progress towards renewable electricity goals, demonstrating Shree’s dedication to accountability and sustainability.

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The project focuses on major breakthroughs in substrate-side IP using carbon fibre and resins, and advances in solar cell assembly (SCA) through innovative stringing and bonding processes.

The Technology Development Board (TDB) present financial support for Dhruva Space Private Limited’s “Space Grade Solar Array Fabrication and Test Facility” project, which is a significant step towards indigenization in the space sector and aligns with the TDB’s mission of advancing indigenous capabilities. TDB has granted financial assistance to this space company, expressing its belief in the project’s ability to promote technical improvements in the space business.

Dhruva Space, with TDB’s backing, is initiating an ambitious endeavour to create and commercialise space-grade solar array manufacturing and testing methods for spacecraft applications. The major goal of this project is to pioneer technological improvements in solar panel manufacture that will fulfil the stringent requirements of on-orbit utilisation. 

The project entails several key innovations, including the adoption of new materials like carbon fiber and resins for substrate-side IP to enhance performance and durability. It also focuses on process innovations in solar cell assembly (SCA) through novel stringing and bonding techniques. Dhruva Space aims to manufacture high-efficiency solar panels using triple-junction GaAs technology, targeting an efficiency of up to 30 percent. Additionally, a specialized test facility will be developed to ensure compliance and certification of space-grade solar arrays.

The project includes a number of space-qualified operations such as substrate manufacturing, accurate cell welding, secure cell bonding, electrical harness integration, and extensive testing and assessment. Mechanical tests will include vibration, shock, and full-panel assessments, while electrical evaluations will use a Large Area Pulsed Sun Simulator to ensure complete testing. Environmental testing will include thermo-vacuum chamber temperatures and acoustic tests, as well as zero-gravity (Zero G) deployment simulations to evaluate performance in space environments.

Rajesh Kumar Pathak, Secretary, Technology Development Board, expressed enthusiasm about the initiative, stating, “We are excited to support M/s Dhruva Space in their endeavor to develop cutting-edge space-grade solar array technologies. This project perfectly aligns with TDB’s mission to promote indigenous innovation and strengthen India’s capabilities in domestic production, furthering India’s commitment to becoming a global hub for advanced and cost-effective space technologies.”

Sanjay Nekkanti, CEO, Dhruva Space, said, “One of the crucial product offerings at Dhruva Space is the end-to-end design, engineering, assembly, integration, and testing of spacecraft solar arrays for manned and unmanned space programs. One of our core capabilities has been to supply space power solutions to large satellites as well, and we are thankful to the Technology Development Board, Department of Science & Technology, for enabling us to scale these capabilities where we have seen traction not just in India but also overseas.”

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The facility, which uses the VORTEX formation for homogenous blends and an aspiratory system for moisture removal, offers outstanding product quality and operating efficiency, which are consistent with Koemmerling’s fundamental principles.

profine India, a wholly-owned subsidiary of profine GmbH, the global leader in the manufacturing of uPVC window and door profiles, PVC sheets, and shutter systems, enabled Koemmerling’s cutting-edge compounding plant at This investment underlines Koemmerling’s commitment to offering high-quality uPVC door and window profiles to customers both domestically and globally. The new compounding plant exemplifies Koemmerling’s dedication to innovation and industrial excellence. With cutting-edge technology, the compounding plant ensures precision and efficiency in the manufacturing process, meeting requirements.

The launch of the new compounding centre marked a significant advancement for Koemmerling, enhancing its production capacity and meeting the increasing demand for uPVC profiles while maintaining the highest standards of quality. The innovative features of the compounding centre, including the VORTEX formation for homogeneous blends and the aspiratory system for moisture removal, ensure superior product quality and operational efficiency. Leveraging Zeppelin’s renowned expertise in mixing technology, exceptional performance, reliability, and safety features, the facility guarantees the production of homogeneous dry blends with high gloss values and a smooth surface finish, meeting international standards for quality and safety.

With the installation of the compounding centre from Zeppelin, Koemmerling becomes the first and only company in the industry to implement such advanced technology. This strategic move positions Koemmerling as a frontrunner in the uPVC profile manufacturing sector, equipped to address the evolving needs of customers worldwide.

Farid Khan, Director & CEO of profine India, expressed his excitement about the new addition to the Vadodara facility, stating, “We are excited to introduce this advanced compounding centre to our manufacturing setup. This investment reaffirms our unwavering commitment to delivering excellence in every aspect of our operations. With this new addition, we are not only enhancing our production capabilities but also reinforcing our dedication to meeting the growing demand for high-quality uPVC profiles. This development represents a significant step forward for profine India and underscores our relentless pursuit of innovation and customer satisfaction.”

Dr. Peter Mrosik, Owner and Group CEO, profine GmbH, highlighted the strategic significance of the partnership with Zeppelin to source this advanced technology equipment in India, emphasizing its alignment with profine’s core values. He stated, “At profine, we firmly believe in embracing the best technical practices from around the world to ensure that our products meet the highest standards of quality and innovation.  The mixing technology perfectly complements our vision for excellence not just by delivering superior products but also reinforces our position as industry leaders in uPVC manufacturing. Together, we are poised to set new benchmarks in quality and innovation, driving positive change in the industry.”

The opening of the compounding centre is a key milestone for Koemmerling and profine India, cementing their position as uPVC industry leaders. Koemmerling remains committed to fostering good industry change via a focus on innovation, quality, and customer happiness. On April 23, 2024, the new compounding plant was launched by Dr Peter Mrosik, owner and group CEO of profine GmbH; Christian Amling, COO of profine GmbH; and Farid Khan, director and CEO of Profine India’s Vadodara factory.

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Vedanta Aluminium offers high-quality solutions such as primary foundry alloys, billets, ingots, rolled products, and wire rods, all with a customer-first focus and a dedication to sustainable practices.

Vedanta Aluminium, India’s largest aluminium manufacturer, hosted AutoEdge 2024, an automotive industry conference, in New Delhi. Aluminium, which is responsible for allowing numerous modes of contemporary transportation, has also established itself as an important raw element in car manufacture. The event offered expert-led talks on the sector’s future roadmap and the role of aluminium in its transformation, as well as opportunities to find new areas of collaboration. The event was attended by the industry’s top automakers and crucial component manufacturers.

Aluminium is a lightweight metal known for its high strength-to-weight ratio, good electrical conductivity, great corrosion resistance, and limitless recyclability. These qualities make it an obvious choice for many applications in the rapidly expanding automotive sector, which is predicted to account for roughly 15 percent of India’s GDP by FY31. An internal combustion (IC) engine car comprises around 180 kg of aluminium, but an electric vehicle includes approximately 260 kg of aluminium.

Vedanta Aluminium recognises aluminium’s ability to drive innovation in the automobile sector and provides many high-quality solutions targeted to the industry. Some of them include specific primary foundry alloys (PFAs) for the development of cylinder heads and alloy wheels, as well as billets for crash-resistant extrusions, which are perfect for applications that need high impact resistance. In addition, the firm supplies ingots, rolled products, and wire rods for a variety of automotive applications. They are manufactured with world-class technology sourced from the United States, Spain, and Italy, among others, and distributed to clients in over 60 countries for high-end applications, demonstrating their excellent manufacturing quality and demand.

Vedanta Aluminium has consistently focused on a ‘customer-first’ approach to product innovation. The company’s Customer Technical Services team works closely with customers to develop products as per their specifications. At the company’s upcoming Aluminium Park in Jharsuguda, Odisha, downstream companies can set up their units to access just-in-time molten metal drawn from Vedanta’s mega aluminium smelter nearby. Vedanta Aluminium has also recently launched Vedanta Metal Bazaar, the world’s largest e-superstore for over 750 primary aluminium products, with Artificial Intelligence (AI)-based features offering a simplified end-to-end buying experience for customers.

 John Slaven, CEO, Vedanta Aluminium, said, “We offer our customers in the automotive industry an unmatched combination of advantages: global expertise, cutting-edge technology, customized alloys, ease of doing business, a reliable supply chain and most importantly, an unyielding commitment to sustainable business practices. Backed by innovative product development, technological sophistication and localisation, they represent an opportunity for Indian automotive players to compete at the same level as global companies.”

Gaurav Vats, Senior General Lead – Corporate Materials, Uno Minda, added, “Vedanta Aluminium offered rich insights into how the automotive sector is poised to evolve, and the several ways aluminium could help us derive maximum value from this transformation. Collaborative efforts always result in improved solutions, and so we look forward to our fruitful partnership with Vedanta Aluminium for unlocking enhanced innovation and business growth.”

The company has been named the world’s most sustainable aluminium producer by S&P Global Corporate Sustainability Assessment 2023. Its operations, including the world’s largest smelter in Jharsuguda and India’s iconic BALCO in Korba, Chhattisgarh, are certified by the Aluminium Stewardship Initiative (ASI) and Environmental Product Declaration (EPD) International, ensuring high-quality aluminium products are sustainably produced.

Vedanta Aluminium, a leading Indian aluminium company, has achieved IATF 16949:2016 certification for its smelting operations and product range, meeting all BIS standards. The company also offers low-carbon, ‘green’ aluminium under its Restora range, which uses renewable energy and has a GHG emission intensity less than 4 tonnes of CO2 equivalent per tonne of aluminium. Restora Ultra, made from recovered aluminium, has an even lower carbon footprint, making it among the lowest in the world. These achievements demonstrate Vedanta Aluminium’s commitment to sustainable materials for the global automotive industry.

Vedanta Aluminium, part of Vedanta Limited, is India’s largest aluminium producer, producing over half of the country’s total production in FY24. The company focuses on value-added aluminium products for core industries and aims to promote aluminium as the ‘Metal of the Future’ for a greener future through its world-class smelters, alumina refinery, and power plants.

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Hikvision India introduced the Turbo HD 8.0 family of analogue security systems, which provide a more interactive and complete security experience. The new gadgets include real-time communication, 180-degree video protection, and superior night vision capabilities.

Hikvision India introduced the next iteration of their Turbo HD line of analogue security devices. Turbo HD 8.0 provides a more complete and interactive security experience for users, allowing them to supplement their visual security environment. The innovative Turbo HD 8.0 incorporates four significant breakthroughs that provide users with real-time communication, 180-degree video protection, and advanced night vision capabilities.

The advancements expand the Turbo HD product line with two-way audio capabilities, tiny dual-lens cameras with stitching technology, and Smart Hybrid Light functionality across the board. It also unveils a new powerful pro-series DVR with AcuSense.

Turbo HD 8.0 Cameras Overview

The new Turbo HD 8.0 cameras provide two-way audio, making them appropriate for usage in a variety of real-time communication applications, including fences and door-to-door intercom systems. Conversations are crystal clear owing to sophisticated noise reduction, which separates human speech from ambient noises. High-powered 2W speakers guarantee that the sound is powerful and immersive. People can converse easily over long distances, due to the generous 3m intercom pickup and the larger 5m pickup utilised at the remote end.

Smart Hybrid Light Technology in Turbo HD 8.0 Cameras

Smart Hybrid Light technology enhances the night vision experience and has now been extended across the entire range of cameras in the Turbo HD 8.0 range. The Smart Hybrid Light cameras have a wide F1.6 aperture and can capture colour images at critical events when a person or a vehicle appears. Even better night images can be captured using advanced Smart Hybrid Light cameras with ColorVu technology, a larger F1.0 aperture, later supplemental light turn-on time, Super Confocal Lens, and a BSI high sensitivity sensor.

Turbo HD 8.0 Range

The new Turbo HD 8.0 lineup features a sophisticated pro-series DVR with AcuSense. This increases intelligent channel support while also improving perimeter protection performance. It also combines sophisticated technologies such as facial recognition, Motion Detection 2.0, and perimeter protection in a single DVR to meet a variety of security needs. The new DVR will soon be updated to incorporate the AcuSearch function, which allows for accurate target search with a single click for increased video searching efficiency.

The innovative HD Turbo 8.0 devices are the most recent demonstration of Hikvision’s dedication to ongoing technological innovation and development. ColorVu and AcuSense technologies, which provide 24/7 colour imaging and smart recognition, were released in 2018. The next year, PIR Live Guard alarms were introduced to Turbo HD X. Hikvision will continue to create technologies in order to provide people with new value and experiences in the future.

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AI Analytics can deliver insights based on video data streams from Video Security Cameras. AI-enabled video can help banks secure people and assets more effectively, monitor and alert command centers, and understand customers better.

Business intelligence may give more data to assist enhance efficiency and client loyalty by personalising the shopping or service experience to the customer’s preferences. These Business Intelligence insights apply to a wide range of application situations, including banks, ATMs, retail stores, malls, clubs, hotels, entertainment plazas, multiplexes, gaming arenas, casinos, motels, health spas, and gymnasiums, among others. AI Analytics can always deliver business intelligence insights based on video data streams from Video Security Cameras.

AI in Banking Security

Banking and security have long been inextricably linked. With the introduction of smart AI technologies, banks can now secure people and assets even more effectively. First, AI-enabled video can give a clear picture of ATMs, hence reducing possible dangers. It also helps to monitor, detect, and alert the command centre.

Smart video also allows banks to better understand their consumers and provide an ideal customer experience. Banks may develop ideal layouts for each branch by using ‘people-counting’ capabilities that display the flow and volume of clients, as well as visibility of ‘hotspots’ where the majority of foot traffic moves. All of these factors contribute to banks’ ability to successfully and efficiently manage their branches. Furthermore, AI assists banks in improving the security of their day-to-day operations, allowing them to develop more trust with consumers and boost their competitive edge.

Retail Insights: Hikvision cameras incorporate robust edge analytics to increase system productivity. These basic analytics, along with Hikvision retail analytics such as queue monitoring, people counting, slip and trips, heat mapping, POS integrations, Hikvision Digital Signage, and Automated Staff Time and Attendance, assure efficient operations.

Club & Hotel Metrics: Business Intelligence solutions for club and hotels with help of Hikvision Analytics allow them make informed business decisions.  With insights such as customer preferences, clubs and hotels can optimize their operations, enhance customer experiences, and stay ahead of the competition.

Gymnasium Metrics: Business Intelligence data and insights in the Gymnasiums scenario is very helpful tool to understand the customers and their needs.  Hikvision’s AI-powered video technology, robust edge analytics are included in Hikvision cameras to enhance system productivity. These standard analytics such as queue monitoring, people counting, slip & trips, heat mapping, and POS integrations, Hikvision Digital Signage, Automated Staff time and attendance, ensure efficient operations.

Hikvision offers a diverse range of security cameras, access control and intercom systems, and DVRs/NVRs with powerful analytics that boost corporate intelligence, expand functionality, and increase security. These insights are powered by advanced Artificial Intelligence and Deep Learning algorithms, allowing for practical answers to common business difficulties.

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Dastur Energy is implementing carbon capture technology in India to reduce its carbon emissions. The technology captures and uses large concentrations of CO₂ emissions from industrial activity, which can be used in various applications or injected into deep geological formations.

Dastur Energy, a key participant in the renewable energy industry, is making considerable progress in adopting cutting-edge carbon capture technology in India. Carbon Capture, Utilisation, and Storage (CCUS) technology effectively captures and utilises large concentrations of CO₂ emissions from industrial activity. This gathered carbon can subsequently be employed in a variety of industrial applications or injected into deep geological formations including depleted oil and gas reserves and saline aquifers.

CCUS technology can also facilitate hydrogen production which can be used as fuel, a reductant, production of ammonia, or combined with the captured CO₂ for creation of high-value products like methanol.

Atanu Mukherjee, the President & CEO of Dastur Energy, highlighted the crucial considerations for India’s transition towards net-zero carbon emissions by 2070. He said, “India’s rapid economic growth necessitates a strategic shift towards renewable energy sources. However, the transition from fossil fuels to renewables will take time, especially in industries like Steel, Cement, Oil and Gas, and Petrochemicals. These industries, known as ‘hard to abate’ sectors, are major contributors to carbon emissions. Implementing carbon capture, utilization, and sequestration (CCUS) technologies in these sectors is vital to align with India’s decarbonization goals.”

Mukherjee further adds, “Collaboration among corporations, investors, technology firms, and research institutions is crucial for the successful development and deployment of carbon capture technologies in India.”

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 The global electrical steel industry is undergoing a transformation due to a growing emphasis on sustainability and energy efficiency, driving demand for innovative products. The market is also influenced by the increasing use of renewable energy sources like solar and wind power.

Electrical steel market Navigating the future worldwide electrical steel market is expected to develop rapidly, with a cumulative annual growth rate (CAGR) of 7.6 percent. This expansion will raise the market value from US$40.7 billion in 2024 to US$67.9 billion in 2031. The electrical steel market is critical to the current energy industry since it is a specialised alloy designed for superior magnetic characteristics. It is widely used in generators, electric motors, and transformers. Its particular composition reduces energy losses by minimising core losses and eddy currents, guaranteeing effective energy conversion, and making it an essential component in power distribution and transmission systems. The rising need for energy efficiency in various sectors is driving market growth.

Several reasons contribute to the rapid expansion of the global electrical steel market. The most significant of them is the growing need for energy, which is being driven by global industrialization and urbanisation processes. Countries’ significant expenditures in extending and modernising power infrastructure result in an increase in demand for electrical equipment and transformers, driving the need for electrical steel, as researched by Persistence Market Research. Furthermore, the increased use of renewable energy sources such as solar and wind power drives market growth.

Key market growth several main reasons contribute to the global electrical steel market’s significant expansion. For starters, growing industrialization and urbanisation promote an increase in power demand. As nations engage heavily in extending and modernising their power infrastructures, demand for electrical equipment and transformers rises, boosting the need for electrical steel.

Additionally, the market benefits from the rising adoption of renewable energy sources like solar and wind power, which further boosts demand for electrical steel in various applications. These factors collectively contribute to the significant expansion of the electrical steel market, driving its growth trajectory upward.

Global Electrical Steel Market Challenges

Despite its potential growth trajectory, the global electrical steel market has several challenges that may impede its progress. One notable constraint is the unpredictability of raw material costs, particularly for critical components required in the fabrication of electrical steel. Fluctuations in raw material pricing can have an influence on firms’ overall profitability as well as disrupt supply systems. Furthermore, rigorous environmental rules and sustainability concerns provide hurdles to the business, requiring producers to invest in eco-friendly production techniques and materials, which may result in higher prices.

Geopolitical tensions and trade conflicts can disrupt global supply chains and affect market dynamics. Lastly, the market may also face challenges related to technological advancements and innovations in alternative materials, which could potentially offer competition to traditional electrical steel products. These restraints highlight the need for industry players to adapt to changing market conditions and invest in strategies to mitigate risks while capitalising on growth opportunities.

Global Electrical Steel Market Opportunities

Despite its expansion, the global electrical steel market offers various attractive opportunities to industry participants. The growing need for energy-efficient solutions across all industries has considerable potential. Governments and companies are prioritising sustainability and reducing energy losses, creating an increasing need for innovative electrical steel products that may improve power generation, delivery, and consumption.

The increasing switch to renewable energy sources creates a profitable potential for electrical steel makers. Transformers and other electrical equipment are required for solar and wind power plants, which increases the demand for specialised electrical steel with high magnetic permeability and low energy losses.

The expansion of electric vehicle (EV) manufacturing presents a burgeoning opportunity for the electrical steel market. Electric motors and powertrains in EVs rely on high-performance electrical steel to ensure optimal efficiency and performance. As the automotive industry shifts towards electrification, the demand for electrical steel in EV components is expected to grow substantially.

Global Electrical Steel Market

East Asia, dominated by South Korea, Japan, and China, holds the largest market share in the global electrical steel industry. China, a key consumer and producer, is driven by its booming manufacturing sector, urbanisation, and growing energy needs. The region’s focus on technological advancements and smart grid integration further boosts demand for electrical steel.

South Asia and Oceania are experiencing significant growth in the electrical steel market due to population expansion, industrialization, and renewable energy adoption, requiring substantial investments in power infrastructure to meet the surge in electricity demand.

Global Electrical Steel Industry Trends

The worldwide electrical steel business is undergoing a transformation as a result of a rising emphasis on sustainability and energy efficiency, which is driving demand for innovative goods. Manufacturers are investing in research to provide novel solutions for reducing energy losses and increasing power transmission and distribution efficiency.

Technological improvements, particularly in electric vehicles (EVs) and renewable energy, are driving up demand for electrical steel. The growing popularity of electric vehicles has increased the manufacture of electric motors, creating a large need for high-quality electrical steel with outstanding magnetic characteristics. Renewable energy sources such as solar and wind power are also driving infrastructure expenditures, hence increasing demand for electrical steel.

The global electrical steel industry is influenced by geopolitical developments, trade dynamics, technological advancements, and supply chain shifts, prompting manufacturers to adapt strategies to navigate uncertainties and capitalise on emerging opportunities.

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Mahesh Gaurav, Product Manager at Exor India, explains that fleet management empowers machine builders to optimise efficiency, scalability, and profitability in the digital age. This technology streamlines post-production activities and offers cost-effective solutions for updates, maintenance, and customer-centric enhancements.

Fleet Management amplifies efficiency, scalability, and profitability in the age of digitalisation. In the past, machine builders primarily concentrated on designing and producing machines. However, with the global distribution of their machines, the focus has shifted to post-production activities like bug elimination, maintenance, and unit optimisation. To address these challenges effectively, adopting efficient fleet management technology can prove highly beneficial. As machine builders navigate the complexities of global expansion, keeping their machines updated and maintained is crucial. Manual updates are costly and time-consuming. They also pose a challenge as the number of machines in operation grows. Machine builders must regularly update their machines to address bugs and enhance performance. Unfortunately, reliance on manual updates and expensive on-site visits has created a cycle that hinders progress and increases costs.

Benefits for machine builders

Fleet management presents various benefits for machine builders, including cost reduction through eliminating on-site visits and manual interventions. Facilitating remote updates saves time and expenses associated with travel. Additionally, it enables machine builders to strategically utilise assets by providing real-time data on machine performance and usage. This insight allows for optimised asset management, including issue identification, settings optimisation, and maintenance planning. Furthermore, fleet management helps machine builders understand customer needs and preferences, enabling them to tailor solutions accordingly.

Fleet management leads to enhanced customer value through holistic machine services, such as remote monitoring, condition-based maintenance, and performance consultancy. Fleet management enables machine builders to offer value-added services to their customers, such as remote monitoring, condition-based maintenance, performance consultancy, and energy efficiency. These services can improve the machines’ reliability, productivity, and sustainability, increasing customer satisfaction and loyalty.

Moreover, fleet management supports increased revenue and profitability. It leverages value-added service bundling as a robust strategy for customer retention and revenue enhancement. Fleet management allows machine builders to create new revenue streams by offering service packages that include remote updates, diagnostics, repairs, and consultancy. These packages can generate recurring income, increase customer retention, and differentiate machine builders from competitors.

In conclusion, fleet management technology can help machine builders overcome the physical constraints limiting their ability to update, maintain, and enhance their machines remotely. It also helps machine builders amplify their efficiency, scalability, and profitability by reducing costs, optimising asset utilisation, enhancing customer value, and increasing revenue and profitability.

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According to Frans Van Neikerk, Managing Director, Atlas Copco (India), the year 2024 marks a convergence of technological advancements, the need for sustainability, and radical changes in manufacturing methodologies. He explains that this crucial point underscores a transition towards enhanced efficiency, creativity, and environmental consciousness within the industry.

Analysis of the prevailing trends in manufacturing during 2024 reveals that a new approach to production is being indicated during this period.

Rise of smart factories

The emergence of smart factories is reshaping traditional manufacturing practices. By 2024, these facilities will have integrated systems, artificial intelligence (AI), and the Internet of Things (IoT) to ensure smooth and autonomous operations. These factories enhance efficiency and minimise downtime by employing adaptive manufacturing methods, real-time data analysis, and predictive maintenance to optimise production.

Additive manufacturing advancements

In 2024, additive manufacturing—also called 3D printing—undergoes a revolution. The technique advances beyond its earlier constraints, enabling mass production of complex and robust components in addition to prototyping. Improved printing materials and quicker printing rates strengthen its viability across several industries, enabling on-demand, localised production and customisation.

Embrace of sustainable practices

In manufacturing, sustainability becomes a non-negotiable focal point. In 2024, companies will prioritise adopting circular economy models, optimising resource utilisation, integrating renewable energy sources, and adopting eco-friendly practices. Manufacturers respond to the growing demand for environmentally conscious products by aligning their operations with sustainable development goals, which include lowering carbon footprints and adopting recyclable materials.

Reshoring and localised production

Manufacturing strategies are being reevaluated globally, with a growing focus on localised production and reshoring. Companies are reevaluating outsourcing due to factors like supply chain interruptions, geopolitical concerns, and the value placed on agility. By locating their manufacturing facilities closer to consumer markets, manufacturers can reduce costs, shorten lead times, and better respond to shifting consumer demands.

Human-Machine collaboration

In 2024, human-machine cooperation takes on a new significance. As automation becomes more widespread, there is a growing focus on enhancing the collaboration and synergy between humans and machines. Collaborative robotics, virtual reality (VR), and augmented reality (AR) promote safer and more productive work environments. Employees are more proficient in managing, programming, and working with intelligent equipment, which boosts output quality and productivity.

Data security and digital resilience

As digital technology becomes increasingly intertwined with everyday activities, cybersecurity and digital resilience become more important. By 2024, manufacturers will have significantly invested in strong cybersecurity defences to protect intellectual property, production systems, and sensitive data. Utilising AI-powered threat detection and response systems alongside a proactive cybersecurity strategy enhances the industry’s ability to defend against evolving cyber threats.

Personalisation and customer-centric manufacturing

The shift towards customer-centric manufacturing models emphasises the prominence of the era of mass customisation. By utilising advanced analytics and artificial intelligence (AI), businesses are empowered to produce personalised products on a large scale, leveraging a comprehensive comprehension of consumer preferences. Manufacturing practices in 2024 are geared towards catering to specific consumer demands, ranging from personalised clothing to tailored electronics, thereby bolstering brand loyalty and establishing a competitive edge.

Biotechnology integration in manufacturing

In 2024, traditional industrial methods will be disrupted by biotechnology integration. The combination of biotechnology and manufacturing is revolutionising material supply and production processes, from bio-fabrication for textiles to bioengineered materials. Bio-based manufacturing methods and sustainable biomaterials emerge as workable substitutes that minimise environmental impact and depend less on conventional resources.

In 2024, manufacturing will be shaped by technological advancement, sustainability requirements, and adaptable strategies. This transformative phase is defined by smart factories’ emergence, additive manufacturing advancements, sustainability initiatives, reshoring efforts, and the harmonious integration of humans and robots. Adopting these trends propels the industry towards a more sustainable and consumer-centric trajectory, enhancing operational efficiency and productivity. These developments pave the way for a future reimagined and vibrant industrial environment as manufacturing continues to evolve.

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Festo, a family-owned leader in pneumatic and electrical automation, provides innovative solutions and top-tier training globally. With 60+ years of expertise, 300,000 customers trust Festo’s drive solutions for efficient industrial motion. Prioritizing sustainability, Festo pioneers climate-friendly production. Festo Didactic supports 56,000+ institutions. In 2023, Festo Group reached €3.65 billion in sales, investing over 7% in R&D annually.

The Festo Blue World in Automation and Didactic

As a family-owned company, Festo attaches great importance to long-term and responsible thinking and action. The company stands for clear values, top quality and customer-oriented innovations. In industrial automation technology and technical education, Festo contributes to the sustainable development of the environment, the economy and society.

Festo has anchored this holistic claim in its Blue World approach. This model focuses on two of the major challenges of our time: population growth and demographic change on the one hand, and the impact on our planet of climate change and dwindling resources on the other.

For Festo, automation technology and technical education are the key to working with customers and partners to find technical solutions that benefit people while conserving the environment and resources.

Sustainability in industrial production: CO2 neutrality and circular economy

Sustainability is firmly anchored in Festo’s corporate strategy. By 2024, the Festo Group is CO2-neutral at all locations worldwide in Scope 1 and 2, the direct and indirect greenhouse gas emissions. 

The greatest leverage and core of activities lie in Scope 3, which focuses on the development of energy-efficient solutions for customers who use Festo products. Customers have the option to choose from a broad portfolio of products that effectively reduce energy consumption. Festo was awarded the German Sustainability Award 2024 for this.

Biological transformation is a new and promising area of technology. Using automation technology, biological processes that take a long time in nature can be accelerated and scaled up to make them economically viable. Thanks to the combination of many years of experience and highly developed technology, Festo plays a leading role and demonstrates what is possible with automation and sophisticated control and loop control technology in the area of biologization.

Festo is also engaged as a partner in the development of an economical recycling industry on the way to the Net-Zero age.

Motion as Festo’s core competence

The company offers over 30,000 products and system solutions for pneumatic and electrical automation technology that enable maximum productivity. With a wide range of modular systems, customer-specific applications can be realized for a wide variety of factory and process automation sectors. Festo offers components from all levels of the pneumatic and electrical control chain as well as modular system solutions and standard handling systems.

Digitalization: intelligent products and connectivity

A fully compatible automation environment in which all components fit together seamlessly includes both pneumatic and electrical systems. As an automation company, Festo offers an open architecture that makes it possible to control electrical and pneumatic systems in one solution. With its many years of experience, Festo supports its customers in the optimal design and technology mix, whether in pneumatic or electric automation or in the implementation of combined solutions.

Value creation through digitalization and artificial intelligence is another focus. The company is driving digitalization in all areas and developing new concepts based on innovative technologies, human-machine collaboration and training and further education. Intelligent products, connectivity, data analysis, machine learning and artificial intelligence offer added value for customers for successful and end-to-end digitalization from the workpiece to the cloud.

Lifelong learning: qualification in the digital transformation

Festo Didactic has been offering state-of-the-art learning solutions for technical education and training since 1965. Its customers include vocational schools, universities, research centers, educational institutions and industrial companies worldwide. Thanks to its industrial roots and didactic expertise, Festo Didactic bridges the gap between school curricula and industry requirements. The portfolio of learning opportunities starts with the industry-related and job profile-oriented qualification of junior staff and specialists and ends with the permanent on-the-job learning of experienced employees who have to implement trend topics such as electromobility, artificial intelligence or sustainable management in the course of their professional lives.

The comprehensive learning solutions are based on a pedagogical approach and offer didactically prepared learning materials, learning systems and software that are tailored to the qualification requirements of industrial sectors. It integrates the latest trends in technical training and covers a wide range of technologies, including factory and process automation, fluid power, electrical engineering, industrial trades and much more. The new Festo Learning Experience digital learning portal creates customized learning experiences.

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Boost to “Make in India” by locally produced complex metal parts for sectors like automobile, healthcare, and defence.

The world’s leading Metal Injection Molding (MIM) company Indo-MIM today operationalize HP’s two metal jet binder 3D printers in India. With HP’s 3DP technology, INDO- MIM is the first company to enable large-scale production of 3D printed high-precision metal parts for automobile, aerospace, defense, consumer electronics, and medical equipment segments. These machines installed at the Bengaluru facility of Indo-MIM will be catering to both domestic and international markets.

As part of a global partnership, INDO-MIM has invested in three cutting-edge HP Metal Jet S100 printers. Two of its advanced Metal Jet S100 printers will provide localized support for Indian clients and expand production capabilities. One of them will focus on new material development, while the other will be driving application development and cater to customers in India, the Middle East, the rest of the Asia-Pacific region. Third printer has been installed at Indo-MIM facility in Texas, USA.

Savi Baveja, President of Personalization & 3D Printing, HP Inc, said “We are proud to partner with INDO-MIM to create new possibilities for their customers leveraging HP’s metals additive manufacturing capabilities. We are ready to transform the landscape of metal parts production in India by manufacturing locally and exporting worldwide. We are confident that by working together, we can drive innovation, boost adoption, and enhance India’s presence in the global manufacturing arena.”

Krishna Chivukula Jr, CEO at Indo-MIM also expressed his excitement about the collaboration, noting, “Our partnership with HP signifies a milestone in our journey to provide cutting-edge production ready 3D metal binder jet solutions to our customers. The acquisition of HP’s Metal Jet S100 printers equips us with the latest technology, enabling us to meet the growing demands of our customers with efficiency and precision, as well as expand the library of materials qualified on the HP printer platform.”

Through this partnership, HP’s advanced technology enables INDO-MIM to create top-quality, consistent metal parts for both Indian and US markets. With the latest 3D printing metal binder jet technology, HP helps INDO-MIM meet the rising demand for intricate metal parts, ready for large-scale production. Together, HP and INDO-MIM are also testing new HP Metal Jet materials like M2 tool steel. These new materials improve properties and precision, making metal 3D printing even better.

The Metal Jet S100 solution, the world’s leading 3D metal production solution, was introduced in the fall of 2023, and since then has enabled companies around the world to both efficiently design and produce metal parts and transform their supply chain. Both HP and INDO-MIM are committed to advancing innovative technology and sustainable manufacturing. They are well-positioned to unleash the full potential of metal additive manufacturing, helping transform markets across industries.

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Cloud providers and large manufacturers support the new initiative to enhance Interoperability within IT and cloud environments leveraging OPC UA.

The OPC Foundation unveiled a new initiative to boost interoperability across IT and cloud platforms using OPC UA, targeting applications like: data analytics using AI, Industrial Data Spaces, Digital Product Passports, and applications for the Industrial Metaverse as well as Digital Twins. The initiative aims to create a cloud reference architecture to provide best practices and optimized profiles of OPC UA standards for broader data sharing, in line with global regulations such as the EU’s Data Act or the EU’s Cyber Resilience Act (CRA). In addition, the initiative will cover the use of OPC UA Companion Specs and other OPC UA Information Models within cloud services.

Digitalization is resulting in a world divided between those who possess and effectively utilize data and those who lack access to those resources. This is a barrier to both corporate success and macro-economic growth. As a response, legislators are requiring vendors to share data among much broader ecosystems.  In addition, various use cases for traceability, such as the Digital Product Passport (DPP) and the Battery Passport (DBP), will create a greater need for interoperability of data models. Governmental security requirements, such as the Cyber Resilience Act, also create further requirements for data communication standards. The IEC standard OPC UA is well positioned to fulfill these demands.

“OPC UA has established itself as the industrial interoperability standard in on-premises, OT environments, field-level communication, as well as industrial Edge applications” says Stefan Hoppe, President of the OPC Foundation, “Therefore, it is not surprising that OPC UA users want to leverage their existing investment in OPC UA Information Models and communication patterns and also utilize it in IT and cloud applications by enhancing secure, interoperable cloud architectures for advanced data analysis, digital twins, and AI.”

Notably, the initiative has garnered significant support from cloud industry leaders including Alibaba-Cloud, AWS, Huawei, Microsoft, and SAP, as well as major manufacturers. This collaborative effort will harmonize existing working groups and initiate new working groups for cloud-centric applications, aiming to utilize and extend OPC UA and foster interoperability between cloud solutions. This strategic initiative is set to reduce costs and improve the usability of OPC UA Information Models for cloud-based use cases.

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NORD explosion-protected electric motors are ATEX and HazLoc certified and suitable for usage in category 2D or 3D dust environments. NORD DRIVESYSTEMS’ energy-efficient IE5+ synchronous motors ensure maximum efficiency and operational dependability. The IE5+ motor generation from NORD DRIVESYSTEMS ensures the greatest degree of efficiency and operating dependability.

NORD will showcase its ATEX-compliant drive solutions for the process sector at ACHEMA from June 10-14, 2024. The focus is on ATEX-compliant drive solutions for the process sector, as well as the heavy-duty MAXXDRIVE® industrial gear unit, which is ideal for agitator and mixer applications. The innovative decentralised NORDAC ON/ON+ frequency inverters, the breakthrough DuoDrive geared motors and IE5+ synchronous motors, and the NORDCON APP with NORDAC ACCES BT will also be highlights of the trade exhibition. Interested trade visitors may learn more about NORD’s diverse solutions at the trade show grounds in Frankfurt am Main, Hall 8.0, Stand B52. 

NORD-drives-solutions-ATEXNORD has decades of experience with gas and dust explosion protection and offers particularly robust electric motors with powers from 0.12 to 200 kW especially for this field of use Image: NORD DRIVESYSTEMS

Whether in the chemical, pharmaceutical, or food sectors, businesses that extract, transport, or process raw materials demand industry-specific, creative driving solutions. As a system provider, NORD provides matched drive systems consisting of a gear unit, motor, and drive electronics that are suited to the specific needs of the customer application.

ATEX drives for explosion-protected areas 

Flammable gases and dust in the processing industry pose major safety hazards. NORD has decades of expertise in gas and dust explosion prevention and provides exceptionally durable electric motors with powers ranging from 0.12 to 200 kW, designed specifically for this application. The explosion-proof electric motors can operate in category 2D or 3D dust atmospheres (zones 21 and 22), as well as category 2G or 3G gas atmospheres (zones 1 and 2), and are ATEX and HazLoc certified. The dust-protected motors fall under the ignition protection category Protection by enclosure. Depending on the needs, the gas explosion protection motors are offered in the following ignition protection classes: improved safety (e), pressure-resistant encapsulation (d/de), and non-sparking design. 

Industrial gear units for high torque applications 

NORDs MAXXDRIVE® industrial gear units power heavy-duty applications such as agitators, mixers and grinders in food or cosmetic production. The parallel and right-angle gear units cover a speed ratio range from 5.54:1 to 400:1  and with a first-stage gear unit, even up to 30,000:1. They feature: 

 High output torques from 15 to 282 kNm for reliable operation even under extreme conditions  Torsionally rigid, one-piece UNICASE housing for a longer bearing life and efficient power transmission  Large low-friction roller bearings for extremely high radial and axial load capacities and a long service life  High-precision axis alignment for guaranteed quiet running 

A SAFOMI-IEC adapter may be added to industrial gear units for mixer and agitator applications.The adapter is available for parallel gear units in sizes 7 to 11, allowing for maximum output torques ranging from 25 to 75 kNm.

 The adapter is compact and simple in design and has an integrated oil expansion volume; oil tanks and hoses as well as the radial shaft seal that is subject to leakage and wear between gear unit and IEC cylinder are therefore not required. 

Decentralised drive electronics 

The NORDAC ON frequency inverters are part of the NORD modular system and may be seamlessly integrated with the manufacturer’s motors.

NORDAC ON is for asynchronous motor applications, whereas NORDAC ON+ is for synchronous motors with high efficiency (IE5+). The inverters are intended to handle power outputs ranging from 0.37 to 3 kW.

Energy-efficient IE5+ synchronous motors 

The IE5+ motor generation from NORD DRIVESYSTEMS guarantees the highest level of efficiency and operational reliability, thanks to IE5+ technology. The motors are available as a TENV smooth-surface motor, as a TEFC motor with cooling fins and as an integrated DuoDrive motor. The latter combines a high efficiency IE5+ motor and a single-stage helical gear unit in one housing. The IE5+ synchronous motors with motor efficiencies of up to 95 percent are available in the TEFC version with a power of up to 4.0 kW, in the TENV version with up to 2.2 kW and in the DuoDrive version with up to 3.0 kW. 

Mobile maintenance and commissioning 

NORD’s NORDCON APP for mobile maintenance and commissioning of NORD frequency inverters allows for the diagnosis, analysis, parametrisation, and monitoring of drive systems using a mobile terminal device for service purposes. The NORDAC ACCESS BT is a Bluetooth stick that connects directly to the frequency inverter, allowing for quick mobile access to driving data while also providing access control

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Remsons Industries received a gold medal in the Ecovadis Sustainability Assessment, putting it in the top 5 percent of examined companies globally. The firm prioritises environmental preservation, human rights, ethics, and sustainable sourcing, cultivating an environment-conscious and socially responsible culture.

Remsons Industries, a pioneer in automotive ancillary manufacturing, was awarded a gold medal in the renowned Ecovadis Sustainability Assessment. This award places Remsons Industries Ltd. in the top 5 percent of all evaluated firms worldwide, underscoring its dedication to environmental, social, and governance (ESG) excellence.

Remsons Industries demonstrated outstanding performance in critical areas such as the environment, labour and human rights, ethics, and sustainable procurement. The company’s exceptional ranking in Environment stood out, demonstrating its commitment to prioritising environmental protection and safeguarding human rights across its supply chain.

“We are deeply honored to receive the Gold Medal in the Ecovadis Sustainability Assessment,” remarked Rahul Kejriwal, Executive Director. “At Remsons, sustainability is ingrained in our corporate ethos. We are committed to developing products that not only meet the highest quality standards but also promote environmental stewardship and social responsibility.”

Remsons Industries has always been committed to environmental conservation and sustainability. The firm exhibits its proactive attitude to sustainability by implementing solar panels, returnable packaging across all manufacturing facilities, and adhering to ISO 14001 environmental management requirements.

“Our focus extends beyond mere compliance; we aim to foster a culture of environmental awareness and responsibility among our workforce,” added Kejriwal. “Through regular Environment Health & Safety training and integrated protection charters, we prioritize the well-being of our employees and communities.”

Furthermore, Remsons Industries continues to promote humanitarian issues and improve impoverished members of society through its different CSR activities. The company’s commitment to sustainable growth is consistent with its aim to positively affect both business and society. Remsons Industries looks forward to continuing its journey towards sustainability excellence and contributing to the creation of a more sustainable society through its business endeavors.

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CNH Industrial N.V. has named Gerrit Marx as CEO, effective July 1, 2024. Marx returns from Iveco Group, where he oversaw the company’s shift to digital and data technology. He has also served as chairman of Iveco’s powertrain division, overseeing the company’s transition to alternative propulsion technology.

CNH Industrial reports the appointment of Gerrit Marx as CEO. He replaces Scott Wine, whose desire to depart the company at the end of the current three-year business plan cycle to pursue other interests was approved by the Board.

Marx rejoins CNH from Iveco Group, where he served as CEO and spearheaded the company’s transition to a new era of connection by integrating cutting-edge digital and data technologies into Iveco’s product line. He has also served as chairman of Iveco’s powertrain unit, supervising the company’s shift to alternative propulsion technologies. Marx spent 20 years in top positions at McKinsey, Daimler Trucks, and Bain Capital before joining CNH in January 2019, residing in Brazil, China, Europe, and Japan.

During the more than three years of Wine’s tenure as CEO, CNH has become an agriculture and construction pure-play following the Iveco Group demerger and is now solely listed on the New York Stock Exchange. Among his achievements, Wine has delivered three straight years of record revenues and EBIT margins while overseeing the improved performance of the Company’s Agriculture segment, the turnaround of the Construction segment, and the 2021 acquisition of Raven Industries, the precision agriculture technology business. In this period the Company has more than doubled its R&D expenditures, launched ambitious margin improvement and value enhancement initiatives, and by May 2024 will have returned more than $3 billion to shareholders in the form of dividends and share buybacks.

CNH’s Chair, Suzanne Heywood commented: “We’re delighted to welcome Gerrit back to CNH as CEO. We look forward to him bringing the same energy and focus he has demonstrated so effectively when leading Iveco, to his new role at a time when CNH is navigating the current end-market downcycle with an emphasis on managing inventory and costs, expanding margins, and harnessing the full potential of the newly established tech stack. On behalf of the Board, I would also like to thank Scott Wine for his leadership and considerable contribution to CNH’s progress in these years and wish him well in his future endeavors.”

With Marx’s appointment as the Company’s new CEO taking effect on July 1, 2024, the Board has decided that the Investor Day presentation scheduled for May 21, 2024, will be postponed to a later date to allow Mr. Marx to lead the Company’s planning and objectives for the next phase of its development. In the meantime, the Company’s first quarter financial results will be presented as planned in a conference call on May 2, 2024 by Mr. Wine, who will continue as the Company’s CEO until the end of June.

CNH Industrial is a world-class equipment and services provider. Driven by its objective of Breaking New Ground, which focuses on Innovation, Sustainability, and Productivity, the Company provides strategic direction, R&D skills, and investments to ensure the success of its global and regional brands. Globally, Case IH and New Holland provide 360° agriculture applications, including machines, implements, and digital technologies that enhance them, while CASE and New Holland Construction Equipment provide a complete array of construction equipment that increase industry productivity. The Company’s geographically specialised brands include: STEYR, for agricultural tractors; Raven, a pioneer in digital agriculture, precision technology, and autonomous system development; Hemisphere is a major creator and developer of high-precision satellite-based positioning and heading technology. Flexi-Coil specialises in tillage and seeding systems; Miller manufactures application equipment; Kongskilde provides tillage, seeding, and hay and forage tools; and Eurocomach manufactures a broad range of small and midi excavators for the construction sector, including electric options.

CNH has been a pioneer in its industries for over two centuries and continues to develop and promote customer efficiency and success. As a truly global organisation, CNH’s 40,000+ employees work in a diverse and inclusive environment, helping customers to flourish and build a better world.

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Schneider Electric is introducing the EasySet MV air-insulated indoor switchgear, a tiny, modular switchgear designed for MV primary distribution. This innovative and sustainable switchgear is simple to use, monitor, and maintain, and it meets all electrical distribution criteria.

Schneider Electric, an expert in the digital revolution of energy management and next-generation automation, has unveiled its new EasySet MV air-insulated indoor switchgear. This revolutionary and sustainable switchgear provides unsurpassed simplicity of operation, monitoring, and maintenance for satisfying electrical distribution requirements.

The EasySet MV, part of the well-known Set series, is a small and modular switchgear for MV primary distribution that makes use of vacuum circuit breaker technology. Its distinguishing characteristic is its ability to deliver great performance while leaving a smaller footprint. This Medium Voltage Air-Insulated Indoor Switchgear assembly is designed to suit all electrical distribution requirements, with withdrawable circuit breakers up to 12kV and up to 2000A. 26.3kA/3 s.

Udai Singh, Vice President, Power Systems- Greater India, Schneider Electric said, “The EasySet MV switchgear reflects Schneider Electric’s commitment to develop and innovate products for a sustainable future. Designed to elevate the user experience, the EasySet MV is a compact, easy-to-install, monitor, and maintain switchgear to ensure a reliable electricity supply. The addition of this new range of air-insulated switchgear is a testament to Schneider Electric’s dedication to scaling sustainable engineering for driving climate impact.”

The EasySet MV switchgear is distinguished by its simple customer experience, reliable monitoring, and safe operation and maintenance. EasySet MV, based on the most recent IEC 62271-100/200, establishes a new benchmark for reliability and efficiency. Its ergonomic form and flexibility to be digitally connected enable rapid setup, monitoring, and reduced downtime and resource requirements.

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Archigas, a start-up, has received the HERMES Startup Award for their moisture-resistant sensor, which measures hydrogen levels rapidly and reliably. The sensor is designed around an increased thermal conductivity function on a microchip. 

The award-winning device is a tiny, moisture-resistant sensor that can measure hydrogen levels quickly, precisely, and reliably. The sensor approach is based on an enhanced thermal conductivity measuring function on a microchip, which was created in collaboration with RheinMain University of Applied Science. Archigas’ sensor development contributes significantly to the safe generation, storage, and use of hydrogen.

“Hydrogen technologies are playing a central role in the transformation of industry towards sustainability and are a core element of the energy system of the future. So as to fully exploit their potential, it is absolutely crucial to promptly turn innovative ideas into actual applications. Start-ups such as Archigas are playing a key role to this end,” said Prof. Dr. Holger Hanselka, President of the Fraunhofer Society and Chair of the HERMES Startup Award jury. “The groundbreaking technology developed by Archigas stands out for its ultra-compact dimensions, robust design, rapid measuring capability, and the wide range of potential applications for which it can be used. Archigas perfectly exemplifies the innovation-driven companies that are paving the way towards the realisation of the hydrogen economy. On behalf of the entire jury, I am delighted to congratulate the company on this richly deserved success.”

With the HERMES Startup AWARD, Deutsche Messe annually honors a company that is younger than five years old and whose product or solution exhibits a particularly high level of technological innovation. The award is traditionally presented at the opening ceremony of HANNOVER MESSE.

The Hannover Messe is the world’s premier trade exhibition for industry. Its main topic, “Industrial Transformation,” brings together exhibitors from mechanical engineering, electrical engineering, and digital sectors, as well as the energy sector, to offer ideas for future production processes and energy supply. Key subjects include Industry 4.0/Manufacturing-X, Energy for Industry, Digitization/Artificial Intelligence and Machine Learning, Carbon-Neutral Production, and Hydrogen and Fuel Cells. A variety of conferences and discussions supplement the exhibition programme. The next edition of the event will take place in Hannover, Germany, from April 22 to 26, 2024. Norway is a partner nation.

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Schunk’s 2D Grasping Kit project won the Hermes Award 2024 at the Hannover Messe. The application kit has a camera, an industrial PC, AI software, and a gripper. It models component changes using AI, reducing recognition learning times.

A distinguished panel led by Prof. Dr. Holger Hanselka, President of the Fraunhofer Gesellschaft, chose Schunk’s 2D Grasping Kit project for this year’s prize. The application kit includes a camera with lens, an industrial PC, AI software, and an application-specific gripper. The project’s novel aspect stems from the general, AI-based modelling of component variations and the transfer to a smaller training data set, which reduces recognition learning times. Even in shifting light, colour, or background conditions, the easy user interface allows for the accurate pickup and handling of randomly ordered and non-positioned pieces from an infeed conveyor belt, tray, or preparation table. This enables repetitive sorting or shipping chores to be automated with minimal investment.

“Automation is the key to the future of supplying people and industry in our country. Only with sustainable innovations, especially in the spheres of production and logistics, can we successfully master the economic and social challenges of tomorrow,” said Prof. Dr. Holger Hanselka. “Besides ease of use, the robustness of the development for many of the upcoming automation solutions was a particularly decisive factor behind our decision to select the 2D Grasping Kit for this award. On behalf of the entire jury, I am delighted to congratulate Schunk on winning the Hermes Award 2024!”

The Hermes award for more than 20 years, Deutsche Messe has presented the HERMES AWARD to a firm at each HANNOVER MESSE edition. This is the most prestigious worldwide industrial prize, and it recognises a product or solution that exemplifies a high degree of technical innovation. Market maturity is a critical factor in the jury’s judgement.

The Hannover Messe is the world’s premier trade exhibition for industry. Its main topic, “Industrial Transformation,” brings together exhibitors from mechanical engineering, electrical engineering, and digital sectors, as well as the energy sector, to offer ideas for future production processes and energy supply. Key subjects include Industry 4.0/Manufacturing-X, Energy for Industry, Digitization/Artificial Intelligence and Machine Learning, Carbon-Neutral Production, and Hydrogen and Fuel Cells. A variety of conferences and discussions supplement the exhibition programme. The next edition of the event will take place in Hannover, Germany, from April 22 to 26, 2024. Norway is the partner nation.

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Amidst the unforgiving terrain of the Siachen Glacier, Deltron Technologies provides a lifeline for soldiers: the Cold Start Kit. The generator’s functionality in extreme cold is a testament to the innovation and unwavering support.

The world’s highest battlefield, the Siachen Glacier, pits soldiers against both natural disasters and hostile adversaries. Here, inclement weather has claimed the lives of more soldiers than hostile fire. Indian soldiers stationed in this harsh environment, 5,400 metres above sea level, face tremendous physical, psychological, and spiritual difficulties.

The air is thin, with 10 percent less oxygen than on the plains, and the bone-chilling temperatures of minus 60 degrees Celsius make survival a struggle for every breath. Soldiers’ lives and limbs are at stake under these harsh conditions because exposure to metal can cause lethal frostbite in a matter of minutes. In order to keep them warm in such a cold environment, generators are employed.

Maintaining generators at extreme altitudes presents a significant challenge for soldiers, as these machines are essential for providing warmth, light, and communication. However, the harsh environment causes issues such as frozen fuel lines, difficulty starting diesel engines, and cracks in components due to the immense pressure of cold.

Deltron Technologies has stepped up to the challenge by partnering with the 13 BRD of the Indian Air Force to introduce an innovative solution: the Cold Start Kit. It is specifically designed for sub-zero temperatures. This groundbreaking kit addresses the difficulties faced by generators in extreme conditions, ensuring their functionality even in the harshest environments.

Previous solutions in the market were somewhat effective but often came with steep price tags. Deltron’s Cold Start Kit has revolutionised this landscape by offering an efficient yet affordable solution. The primary goal of this kit is to maintain warmth and operational efficiency for generators while remaining budget-friendly.

How the Cold Start Kit Works:

Envision an angel of protection for your generator. That is what the Cold Start Kit is. Its essential parts cooperate to provide seamless operation:

Heater Pads: These versatile heating solutions provide dependable warmth in uneven spaces and can withstand temperatures of up to +200°C, making them essential for maintaining comfort in demanding environments.

Relays: Effectively handling high-current loads with minimal electrical charge, these versatile components are adaptable to specific amperage requirements.

MCB – Miniature Circuit Breaker: Swiftly disconnecting electrical circuits during irregularities, these devices comply with IEC/EN standards, ensuring safety in industrial and commercial settings.

Battery Trickle / Auto Boost Chargers: These chargers sustain the charge of the starter battery, guaranteeing uninterrupted power supply during periods of generator inactivity.

10 Pin Connectors: Military-grade connectors facilitate smooth operation between the Cold Start Kit and the Generator, ensuring dependable performance in demanding environments.

Temperature Controller: The Sub-Zero Series 75XX-P controllers manage compressor cycles and offer protection features crucial for operational efficiency in extreme conditions.

Beyond Technology:

The Cold Start Kit represents more than just technological innovation; it embodies Deltron’s dedication to supporting our military personnel. By providing warmth and reliable power, the kit enables soldiers to concentrate on their mission, confident that they have a dependable ally safeguarding them in the harsh conditions of the Siachen.

Innovation of the need

One outstanding illustration of how invention can advance humanity is Deltron’s Cold Start Kit. It protects our soldiers’ health and safety while also acting as a beacon of hope, showing us that the human spirit can persevere in the face of insurmountable obstacles. Our Siachen warriors are able to stand tall knowing they have both our unshakable support and the resources they need to weather the storm because of this incredible technology.

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Salzer Electronics Limited, offering total and customised electrical solutions, established a Smart Meter manufacturing business in Coimbatore. It has already received BIS certification for single-phase smart energy meters.

India is seeing exceptional demand for Smart Energy Meters, which is projected at 250 million units initially and could increase to 350 million metres during the next three years because of the Revamped Distribution Sector Scheme (RDSS) launched by the government of India. Salzer’s new smart meter manufacturing plant will have an annual production capacity of 4 million smart energy meters, which will be increased to 10 million in Phase 2. This facility will employ approximately 1000 people at its full capacity.

The smart meter factory is also backward and integrated with Salzer’s existing Coimbatore factories, which manufacture crucial electrical components for smart meters. This gives Salzer a distinct strategic edge in cost control, supply chain management, and smart meter quality assurance while demonstrating the company’s commitment to addressing India’s growing need for innovative energy management solutions.

Rajesh Doraiswamy, Joint Managing Director of Salzer Electronics Ltd., said, “I am pleased to announce the building of our new Smart Meter manufacturing facility. This investment underscores our commitment to innovation and bringing in new products as and when the opportunity arises.” He added, “I would like to thank the entire Salzer team and all our stakeholders for their hard work and support, which enables the Company to keep moving forward.”

Salzer will contribute to creating a smart, interconnected energy grid in India. The new facility’s first batch of smart meters is expected to roll out in Q1 FY25.

This Investment will provide the company with a competitive edge in the market, protect its intellectual property, and generate substantial revenue, thereby contributing to the Company’s future success. As per Astute Analytica, the India Smart Meter market is likely to reach $3.27bn by 2031, growing at a CAGR of 34.57 percent from 2023 to 2031. Salzer is well-positioned to help meet this need by modernising and improving the country’s energy infrastructure. 

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Embracing sustainable practices in India’s machine tool sector: A path to greener manufacturing

In the rapidly evolving landscape of India’s machine tool market, the imperative for sustainability has taken center stage. Prakash G, Chief Operating Officer at Ace Designers Limited, highlights the company’s pioneering efforts in adopting eco-friendly practices, aligning with global sustainability frameworks such as the Sustainable Development Goals (SDGs), Business Responsibility and Sustainability Reporting (BRSR), and Environmental, Social, and Governance (ESG) principles to foster a more sustainable manufacturing ecosystem.

The burgeoning focus on sustainability is particularly pertinent in the manufacturing sector, given the pressing challenges of climate change, resource scarcity, and evolving customer expectations. The shift towards green manufacturing echoes the principles of pre-Industrial Revolution eras, where minimal environmental impact was the norm.

The industrial processes, accounting for approximately 16.8% of emissions in the manufacturing industry, underscore the urgency to address carbon footprints. Efforts to mitigate greenhouse gas emissions, particularly carbon dioxide, are paramount for sustainable manufacturing practices.

Key trends in green manufacturing encompass various facets including product design, reverse logistics, recycling, advanced materials, and the integration of nanotechnology within Industry 4.0 frameworks. Additionally, decentralised manufacturing, eco-friendly packaging, and the adoption of artificial intelligence for energy optimization are shaping the future trajectory of sustainable production.

Business Responsibility and Sustainability Reporting (BRSR) has emerged as a mandatory framework in India, serving as a conduit for companies to disclose non-financial aspects of their operations. Aligned with SDGs, BRSR principles encapsulate the holistic approach towards sustainability, emphasizing environmental stewardship and societal well-being.

The machine tool sector- mother industry ,  as a critical component of the manufacturing value chain, faces unique challenges in reducing its carbon footprint. Energy-intensive machining operations necessitate a concerted effort towards sustainable practices, encompassing efficient resource utilization and emission reduction strategies across the supply chain.

Lifecycle assessments play a pivotal role in evaluating the environmental impact of machine tools, prompting a shift towards energy-efficient solutions and materials. Initiatives such as 3D printing and Near net shape manufacturing offer both opportunities and challenges, demanding innovative approaches to minimize energy consumption and material wastage.

Founded in 1979 by three visionary entrepreneurs from CMTI – Mr. Shirgurkar, Mr. Machado, and the late Mr. Sathe, ACE Designers has evolved into a premier manufacturer of CNC turning milling machines. Our unwavering dedication to environmental stewardship is underscored by our pursuit of Greenco certification, culminating in the recent attainment of the prestigious national best green gold certification. Further the adoption of green practices such as solar rooftop panels, and other initiatives to minimize waste, energy consumption and reduction of plastic usage are gaining higher prominence through the concept of 3R – reduce, reuse and recycle. On the Machine tool as a Product, sustainability concepts are being evolved through design for sustainability to minimize impact to environment in its entire life cycle. Efforts are being made to refurbish and reuse old machines towards its end of life cycle.

ACE Designers is committed to sourcing approximately 90 percent of our energy from green sources. Furthermore, we have meticulously developed a comprehensive roadmap for Environmental, Social, and Governance (ESG) sustainability, which extends far beyond our operational scope. This unwavering commitment is deeply ingrained in our vision and mission.

Collaborative efforts towards incorporating sustainability practices into machine tool design and manufacturing by the Indian Machine Tool Manufacturers Association (IMTMA) further underscore the industry’s collective commitment towards sustainability.

The integration of ESG practices is no longer a choice but a business imperative, with tangible impacts on financial performance and investor choice. Indian OEMs and machine tool builders must embrace ESG principles, fostering collaboration and innovation to remain competitive in the global market.

Government intervention in the form of grants, tax incentives, and carbon credits is crucial for fostering a conducive environment for green manufacturing initiatives. Such measures will not only incentivize sustainable practices but also stimulate collaborative partnerships among industry stakeholders.

In conclusion, the journey towards sustainable manufacturing in India’s machine tool sector necessitates a concerted effort from industry players, policymakers, and regulatory bodies. By embracing eco-friendly practices, adhering to global sustainability standards, and fostering collaborative innovation, the sector can pave the way for a greener and more resilient future.

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Vesuvius strengthens its foothold in India by establishing a cutting-edge flux manufacturing facility. The facility, the first of three new production units set to open in 2024, is part of Vesuvius’ India initiative, which also includes expanding existing manufacturing operations and constructing three new green-field factories.

Vesuvius, a global leader in the refractory firm, constructed a new Mould Flux manufacturing facility in Visakhapatnam. The facility is intended to address the growing demand for flux, a critical component in the continuous casting process at steel factories.

While addressing the inaugural function, Patrick Andre, Chief Executive of London headquartered Vesuvius group stated “we are delighted to inaugurate our new state-of-the-art Flux manufacturing facility, a testament to our relentless pursuit of innovation and our commitment to meeting the needs of our customers and the market. Given our compelling growth in India and basis our investment pipeline, we envisage surpassing our earlier stated investment plans of ₹ 500 crore to reach close to ₹ 1,000 crores outlay over the next few years.”

Over the last couple of years, Vesuvius has been making significant investments in India by expanding the capacity of its existing manufacturing plants as well as setting up three new greenfield manufacturing plants which will create an additional capacity of 2,50,000 tons per annum. The flux manufacturing plant is first of the three new manufacturing plants expected to be operational in 2024.

“India has always been a strategic market for the group – we were the earliest refractory manufacturer globally to recognize the potential of this dynamic market and co-incidentally complete 30 years of starting our first manufacturing plant in India this year. Our investment in manufacturing capabilities in India will not only further enhance our competitive position in the country but also contribute to the socio-economic development of the communities where we operate and the development of the Indian economy.” said Biswadip Gupta, Chairman of Vesuvius India Limited (VIL).

 Nitin Jain, Managing Director of VIL, said “With the inauguration of this cutting-edge manufacturing plant, we embark on a path that not only redefines industry standards but also reaffirms our dedication to delivering value to our customers. We have invested in state-of- the-art plant design with product consistency as the core. Further, kept sustainability in focus for energy efficiencies as well as waste management. On overall investment plans, we continue to make investments ahead of time to expand our capacity as well as product portfolio. This plant represents a significant step forward in our journey towards sustainable growth and reinforces our position as a leader in the industry.”

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Norway is the official partner country of HANNOVER MESSE 2024. Under the headline “pioneering the green industrial transition”, Norway will showcase digital technology and sustainable solutions for manufacturing. There will also be a strong focus on clean energy, including renewables, hydrogen, ammonia and CCS.

At the pavilion, a selection of companies will demonstrate Norway’s ambitions for a low-carbon society and its key role in developing solutions necessary to transform the industry and reach net-zero carbon emission.

Norway aims to be a key partner in the green shift and is thrilled to showcase the Norwegian solutions and highlight what Norway has to offer as Partner Country at HANNOVER MESSE, says Gunnhild Brumm from Norway’s trade promotion organization Innovation Norway.

Energy and Industry 4.0

Norway will be present with a national pavilion in hall 12 (Energy Solutions) and in hall 13 with a pavilion specifically dedicated to hydrogen. At the national pavilion, clean energy and industry 4.0 will be at the forefront, with key players such as Statkraft, Equinor, Yara and Siemens taking part.

Norway and Germany are key trading partners and we have entered a strategic industrial partnership on renewable energy and green industry. We hope the Norwegian presence at the HANNOVER MESSE will further strengthen the close cooperation. German businesses should use this opportunity to connect with some of Norway’s strongest frontrunners within the energy- and industrial sectors, says Brumm.

At the opening day of the HANNOVER MESSE, the Norwegian pavilion will be visited by German Chancellor Olaf Scholz, Norwegian Prime Minister Jonas Gahr Støre and Minister of Trade and Industry Jan Christian Vestre. Minister of Energy Terje Aasland will also be present.

Clean energy solutions

Among 40 Norwegian exhibitors, 27 of which are located at the national pavilion in Hall 12, there are several presenting clean energy solutions. For the transport sector clean energy solutions will be crucial. Norwegian company Yara is enabling the first green shipping route between Norway and Germany through Yara Eyde – the world’s first clean ammonia-powered container ship.

Norway has the world’s highest penetration of electric vehicles (EVs) and can provide expertise in application of batteries in both maritime and land-based transport. Siemens’ partner Morrow Batteries, whose production is 100 % powered by renewable energy, builds the world’s first large format LMNO (Lithium Manganese Nickel Oxide) battery. 

Hydropower is still the backbone of the Norwegian power system. Norwegian company Statkraft has 130 years of experience in the energy sector and is Europe’s largest supplier of renewable energy. In Germany, Statkraft develops, builds and operates facilities for hydro-, wind-, solar- and gas power, as well as green hydrogen.

Norway is a key supplier of energy to Europe by supplying natural gas to the continent and the aim to supply low-carbon and green hydrogen in the future. One of the key players in the Norwegian offshore sector, Equinor, now has a growing activity in renewables, investing in offshore wind, hydrogen, and solar energy, in order to expand energy production and strengthen energy security.

Monday April 22 the Norwegian Minister of Energy Terje Aasland will have a presentation showing Norway as a secure, sustainable and cost-efficient energy supplier for the short and long term.

There will also be a session with Minister of Trade and Industry Jan Christian Vestre and Jean-Christophe Laloux from the European Investment Bank about investment needs and the potential for EU-Norway cooperation in raw materials and battery value chains.

On Tuesday 23rd there will be a big energy conference, “Renewable Dialogue – North Sea Energy Hub”, where it’s examined how a Norwegian-German partnership is propelling the transition to green industry by using renewable energies to power manufacturing processes.

There will also be a session about the CCUS value chain and an update on hydrogen pipeline development by Gassco and Gascade with profiling of Norwegian hydrogen companies.

AI and Industry 4.0

The Norwegian pavilion will furthermore showcase AI and Industry 4.0 solutions. An example is The Coring Company, which meets the mining industry’s need to be more efficient and more sustainable through advanced tools for collecting and processing operational data on a daily basis. Norwegian company Intelecy’s cutting-edge no-code AI platform is reshaping industrial sustainability by optimising processes, leveraging real-time data that helps companies cut energy consumption and reduce maintenance costs and resource waste.

Europe, once the industrial revolution’s birthplace, stands at a pivotal moment. Even though other markets have caught up, Europe can still take back the lead in the industry by driving the green transition. At HANNOVER MESSE 2024, Innovation Norway is organizing a session with EIT Manufacturing which explores how innovation and collaboration are driving this transformative movement.

On Monday there will be a session with Vestre and Nils Klippenberg, CEO of Siemens Norway, among others showing how Norway is pioneering the green industrial transformation. In the following days there will be sessions on Norway as a test bed for new solutions, about investment opportunities in Norway and Norwegian business, and pitching sessions from AI and smart industry operations companies.

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HANNOVER MESSE 2024 presents cutting-edge technologies: AI-driven machines, self-learning robots, battery recycling, CO2 emission measurement software, efficient hydrogen production systems, and secure data space for the European industry, signaling advancements in sustainability and innovation.

The innovative strength of the companies appearing at HANNOVER MESSE is greater than ever, and the increased presence of political leaders from around the globe helps provide the perfect mix at this, the world’s leading industrial trade fair in Hannover, Germany.

“Innovative technologies and a clear economic policy agenda – that’s what is important for Hannover to be able to impart the signs of new beginnings and a renewed spirit of optimism,” says Dr. Jochen Köckler, Managing Board Chairman at the Deutsche Messe group of companies, adding he was convinced that at least half of that equation had already been fulfilled: “Our exhibiting companies will make their own contribution by showcasing technologies that enable industry to produce competitively and sustainably around the world.”

The innovations on display at the trade fair will revolve around intelligent and CO2-neutral production, AI, hydrogen and energy solutions. “Our exhibitors will show that a competitive and sustainable industry is also possible in Europe. This however requires a reliable regulatory framework – one that promotes innovation and entrepreneurship,” declares Köckler.

The solution lies in the interaction of automation, digitization and electrification, broad cross-industry and cross-border cooperation and a clear political course. With 4,000 exhibitors, record participation from the realm of politics and Norway as the partner country, HANNOVER MESSE 2024 represents the ideal platform for this.

“Visitors to HANNOVER MESSE are looking for answers to the question of how to make sensible use of automation, artificial intelligence, state-of-the-art drive technology, renewable energies and hydrogen. It is precisely this kind of expertise that our exhibitors at HANNOVER MESSE provide,” explains Köckler.

Exhibiting companies include global technology giants like AWS, Bosch, Google, Microsoft, SAP, Schneider Electric and Siemens, as well as medium-sized technology leaders like Beckhoff, Festo, Phoenix Contact, Rittal, SEW-Eurodrive and Harting. Renowned research institutes such as Fraunhofer and KIT (the Karlsruhe Institute of Technology) as well as more than 300 start-ups will also be in the starting blocks in the exhibition halls. The exhibiting companies come from 60 different nations, with the top five nations consisting of Germany, China, Turkey, United States and Italy.

“HANNOVER MESSE is the place where technology is showcased, business deals are driven and economic policy is made – by decision-makers from government, industry and business, who are traveling to Hannover in April in greater numbers and at a higher level than ever before,” says Köckler, adding: “In Hannover, politicians can experience the technological solutions to the challenges of our age.” More than 300 delegations from all over the world are expected, led by German Chancellor Olaf Scholz, who will open HANNOVER MESSE together with Norwegian Prime Minister Jonas Gahr Støre. In addition, the President of the European Commission, Ursula von der Leyen, and the Federal Minister for Economic Affairs, Robert Habeck, will take advantage of the platform offered by the leading trade fair for industry to network and dialogue with representatives of the business community.

Artificial intelligence: The next stage of industrial digitization

“The speed at which AI solutions are making inroads into industry is breathtaking. Companies must invest now and, above all, introduce their employees to the opportunities offered by AI if they don’t want to be left behind by the competition,” says Köckler.

Concrete applications can be viewed first-hand at HANNOVER MESSE: Robots that can be controlled by voice, machines that automatically detect errors and systems that reduce downtime using predictive maintenance.

Generative AI will play a role at many exhibition stands, and will also be discussed on the conference stage at the trade fair – including the participation of German AI trailblazer Jonas Andrulis, whose company Aleph Alpha aims to provide an alternative to the predominant AI models favored by American and Chinese companies.

How soon for the hydrogen economy?

Given the increasing use of volatile renewable energy sources, hydrogen is increasingly coming into focus as a suitable energy carrier for an emissions-free economy. With over 500 companies, HANNOVER MESSE is the most important platform for ready-to-use hydrogen solutions in an industrial context and a platform for the international ramp-up of the global hydrogen economy.

According to Köckler: “Hydrogen offers enormous opportunities as the green energy carrier par excellence. However, the current speed of implementation and scaling is insufficient. The development of a hydrogen economy requires bold political decisions in the regulatory area, intensive research and development for rapid implementation and the development of the necessary infrastructure for scaling. This is the only way to establish viable business models.”

Manufacturing X: Creating a secure data space for European industry

European companies need a secure data space if they want to fully exploit the potential of connected industries. Industry in Europe has the opportunity to rely on a concept that is specifically tailored to SMEs: “Manufacturing-X”. A secure data space for the sharing of knowledge and the joint processing of projects, which simultaneously offers companies data sovereignty and room for innovation. This is because, in this model, a company’s most important asset – its own data and domain knowledge – does not need to be left to a large platform operator.

Partner Country Norway: Powerhouse for energy and digitization

Norway is using the global stage provided by HANNOVER MESSE to showcase itself as an innovative and reliable energy partner, and more. The partner country’s motto is “Norway 2024: Pioneering the Green Industrial Transition”, underling the country’s determination to play an important role in the development of solutions in the fields of renewable energy, CO2-neutral production, carbon capture and the digitization of industry.

European Union: A strong economic alliance

Two months before the European elections, the European Union is presenting itself as a strong economic alliance at HANNOVER MESSE. Ursula von der Leyen, President of the European Commission, will open the program with a speech at the opening ceremony on 21 April. The EU program during the trade fair includes the conference titled “Investing in European Industry” on 22 April, where representatives from industry can engage in discussions with EU politicians on topics like the “Green Deal”.

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The company’s record silver production of 746 MT laid the groundwork for Atmanirbhar Bharat. The London Bullion Market Association (LBMA) has acknowledged the company’s Pantnagar silver refinery, which is now on the ‘London Good Delivery’ list.

According to the World Silver Survey 2024, Hindustan Zinc Limited, a Vedanta group firm, has risen to become the world’s third largest silver producer, with its Sindesar Khurd Mine being the world’s second largest, up from fourth last year.

Chairperson of Hindustan Zinc Priya Agarwal Hebbar said, “Silver plays a pivotal role in the global energy transition and our recent record silver production of 746 MT paves the way for Atmanirbhar Bharat. Hindustan Zinc’s production growth of 5 percent year-on-year is attributed to increased ore production and enhanced grades, reinforcing its status as a key player in the global silver market. This remarkable feat has been achieved using innovative technologies and sustainable mining practices, which helped us in optimising the production process while reducing the environmental impact.”

The recognition of its Pantnagar silver refinery by the London Bullion Market Association (LBMA) and inclusion on the ‘London Good Delivery’ list reinforces the refinery’s adherence to international quality standards, as evidenced by LBMA certification of 99.99 percent pure silver. Hindustan Zinc’s silver refinery at Pantnagar Metal Plant runs on 100 percent renewable power, which coincides well with the company’s aim to achieve net-zero emissions by 2050 or sooner.

Solar, the fastest growing of all renewable energy sources, with approximately 440 GW deployed by 2023, is expected to boost silver demand. Furthermore, the development of electrical appliances, electronics, and gadgets highlights the growing demand for silver in conductive materials and components, thanks to its superior conductivity, which is suitable for touchscreens, circuits, and connectors.

India is predicted to be the largest contributor to a slight 4 percent rebound in jewellery production in 2024, in part to shops refilling their shelves. Silverware consumption is expected to climb by 7 percent, driven primarily by India’s strong economic growth and rising disposable incomes.

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Lexar has partnered with Bangalore-based Kaizen Infoserve as its official service partner in India, offering comprehensive repair and maintenance services for Lexar’s memory products.

Lexar, a global leader in memory and storage solutions, has named Bangalore-based Kaizen Infoserve as its official service partner in the Indian market. The move is part of Lexar’s strategy to strengthen its infrastructure in the Indian market and provide seamless service support to clients. Kaizen has a strong network of over 60 service centers around the country, including 10+ regional hubs, 40+ Kaizen Authorized Partners (KAP) locations, and 12 strategically located warehouses, providing timely product availability, improved inventory control, and quick order fulfillment.

As the storage solution business grows rapidly due to increased demand, Lexar acknowledges the importance of offering creative and dependable solutions to its customers. Kaizen will give RMA and general consultation services via email and phone. RMA service enables customers to alert a company that there are difficulties with their orders or that they just want to return an item. It enables a business to easily monitor and handle buyer swaps and refunds. Kaizen will be in charge of quickly screening and finding defects with returned products.

Fissal Oubida, General Manager, Lexar Co. Ltd, said, “Partnering with Kaizen Infoserve marks a pivotal moment for Lexar’s strategic expansion in the Indian market. Our commitment to delivering unparalleled customer service aligns seamlessly with Kaizen’s proven track record of excellence. This partnership not only will strengthen our service infrastructure but also underscores our dedication to providing efficient, secure, and customer-centric solutions in the dynamic digital storage industry. Together, we are poised to elevate the experience for our customers ensuring they receive exceptional support and seamless access to Lexar’s innovative memory and storage solutions”

“We are proud to be Lexar’s Pan-India service partner and we are confident to take Lexar’s consumer happiness and consumer service to the next level. Kaizen’s newly launched WhatsApp service support makes the customer service cycles shorter, efficient and more convenient – enabling customers to get the benefit of faster Turnaround Time (TAT) for repair or replacement of the products. Our customer feedback cell is assisted by AI tools that enable automatic internal escalation to achieve 99 percent SLA for the brands using Kaizen’s support infrastructure,” said Murali Krishnan, Managing Director, Kaizen.

Under this partnership, Kaizen will deliver comprehensive repair and maintenance services for Lexar’s diverse range of memory products, including SD Cards, DRAM, SSD, Micro SD, CFExpress cards, HDD, USBs and Card Reader. Additionally, Kaizen understands the importance of accessibility and convenience. Therefore, to cater to the customer needs, Kaizen has simplified the return process for customers through walk-in Kaizen Hubs where customers can receive in-person support and guidance. Furthermore, they also provide the customer drop point services, further facilitating the easy and convenient handling of products and inquiries.

Kaizen Infoserve’s status as a national Service provider for renowned brands like Cooler Master, Array Networks, Corsair, Zotac, Wipro and Micron Technology, among others.

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Elgi Equipments presents the EG SP update for their oil-lubricated screw air compressors, which provides energy efficiency benefits, a best-in-class guarantee, and reduced life cycle costs.

Elgi Equipments, a leading air compressor manufacturer, has introduced the EG SP (Super Premium), an upgrade to its world-renowned EG Series line of oil-lubricated screw air compressors. These machines represent a substantial improvement in compressed air technology, providing clients with energy efficiency savings of up to 15 percent, best-in-class warranty and performance, and low life cycle costs in the 90–110 kW compressor range.

The improved ELGi EG SP units include completely designed two-stage airends with the proven η-V profile. This optimizes the whole compression process, resulting in up to 15 percent savings in specific power usage. This, combined with low-speed airends and a smaller load on each step, guarantees that components last longer. Aside from that, the IE4 ultra-premium motors allow for seamless integration of modern design and cutting-edge technology, resulting in greater energy efficiency. All EG Super Premium machines are additionally fitted with Neuron 4 industrial controllers, which ensure peak performance. The EG Super Premium additionally includes a special oil filter developed for 4000-hour lifespans; the filter effectively removes pollutants from the compressor’s lubricating system, emphasizing remarkable durability and overall endurance. All EG super premium units are compatible with Air Alert, ELGi’s add-on IoT solution. When coupled with the Neuron 4 controller, it improves compressor management by elevating uptime, increasing energy efficiency, and providing 24×7 global remote monitoring.

Bhavesh Karia, President, ISAAME (India, South Asia, Africa, and the Middle East) and SEA (Southeast Asia), Elgi Equipments Limited, said, “At ELGi, our unwavering commitment lies in aligning technological progress with tangible efficiency gains for our customers and the environment. With the EG Super Premium, we have taken a stride forward in our quest to deliver heightened performance while setting new benchmarks for efficiency and dependability in compressed air technology. Recognizing that over 80 percent of a compressor’s total life-cycle cost is attributed to energy costs, the EG Super Premium compressors deliver an impressive boost of up to 15 percent in energy efficiency. Tailored for manufacturing enterprises emphasizing energy efficiency and environmental stewardship, these cutting-edge units promise substantial energy savings through their innovative features bundled in a highly competitive total cost of ownership package.”

Every EG Super Premium compressor includes an essential warranty of six years for the airend, three years for vital parts, and one year for the package, as well as an extended warranty of ten years for the airend and five years for the package. The ELGi EG Super Premium is designed to be long-lasting, reliable, and durable.

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The company has made a considerable investment in the production shed, which is 18,000 square meters and stands 100 feet tall. This investment demonstrates the company’s dedication to innovation, quality, growth, and customer happiness.

Rajoo Engineers, a pioneer in plastic processing technology, has disclosed the establishment of a new factory in Rajkot. This expansion is a critical step forward in the company’s strategy, as it triples manufacturing capacity to meet expanding demand while improving operational efficiency. The extension is a large structure constructed on the adjacent 28,210 square feet of land purchased last August. The larger plant will increase manufacturing capacity by 30 percent. A dedicated quality control room will help the business improve the client experience.

The company has made a considerable investment in the production shed, which is 18,000 square meters and stands 100 feet tall. This investment demonstrates the company’s dedication to innovation, quality, growth, and customer happiness. The expanded facility, which is outfitted with cutting-edge technology, is prepared to transform the manufacturing landscape by meeting diversified global demands with exceptional precision and dependability.

R N Doshi – Chairman of Rajoo Engineers Limited said, “The opening of expansion of our Rajkot facility marks another important milestone in our journey. Our unwavering focus remains on delivering top-quality products to our national and international clients. This inauguration reflects our steadfast dedication to innovation, quality, and sustainable growth, marking a significant leap forward for Rajoo Engineers.”

The successful completion of this expansion project symbolizes a promising step forward for all stakeholders. It paves the way for enhanced productivity and operational excellence. Rajoo Engineers looks forward to continuing their successful journey with renewed vigor and determination

The expanded factory will manufacture domestically designed and constructed machinery, in line with India’s goal of becoming a global manufacturing hub. This represents the spirit of import substitution and the ‘Make in India’ movement. Rajoo’s commitment to innovation and excellence is strengthened by this accomplishment, which propels the nation toward manufacturing self-sufficiency.

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Tembo Global Industries has named Firdose Vandrevala as a non-executive director. He is a former chairman of Motorola, Hirco Developments, and Essar Steel with substantial industry experience.

Tembo Global Industries Ltd., a leading manufacturer and fabricator of metal products for industrial, commercial, utility, and OEM installations, is reporting the appointment of Firdose Vandrevala as a non-executive director to its board of directors. Tembo Global Industries Ltd., which is listed on the National Stock Exchange, remains committed to quality and corporate governance with this major addition to its leadership team.

Firdose Vandrevala brings decades of experience and leadership vision from a number of sectors. He began his career with Tata Steel in 1972 and ascended through the ranks to become Deputy Managing Director of Tata Steel and Managing Director of Tata Power during a 33-year period. He has since held other prominent positions, including Chairman of Motorola (India), Chairman and Managing Director of Hirco Developments Ltd, and Executive Vice Chairman of Essar Steel. His extensive background in steel, power, real estate, and telecommunications qualifies him as an expert in people management, corporate strategy, leadership, marketing, project management, and operations.

Vandrevala is deeply committed to giving back to society, particularly via education. He serves on the boards of major colleges such as IIM Raipur and IIM Lucknow, where he helps to develop future leaders. He is also a managing trustee at the Maneckji Cooper Education Trust School in Mumbai, proving his dedication to teaching future generations. Vandrevala is an active member of industry associations, having previously served as Chairman of the Confederation of Indian Industries (CII) East and West, a member of the CII’s National Governing Council, and President of the All India Management Association.

“Firdose Vandrevala to our board reflects our commitment to excellence and innovation,” stated Sanjay J Patel, Managing Director at Tembo Global Industries. “His unparalleled experience and strategic insights will undoubtedly propel our company towards greater heights of success.” Vandrevala’s appointment underscores Tembo Global Industries’ commitment to fostering excellence and innovation in its leadership team as it continues to expand its global footprint.

“Joining Tembo Global Industries is an exciting opportunity to align my expertise with the company’s vision of global leadership in metal product manufacturing,” expressed Firdose Vandrevala. “I look forward to contributing to Tembo’s mission of delivering top-notch products while upholding the values of responsible business practices and community engagement.

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