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DBS Bank launches pre-shipment financing solution on TReDS, empowers MSMEs
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ABB's PixelPaint selected by Mahindra, to deliver premium paint options
ABB's innovative PixelPaint technology has been selected by Mahindra & Mahindra (M&M), India?s leading SUV manufacturer, for its new electric vehicle paint facility. The technology, which uses an award-winning paint head "Our revolutionary PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention,? said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop ..
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VE Commercial Vehicles sells 7424 units in June 2024
VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) recorded sales of 7424 units in June 2024 as compared to 6715 units in June 2023, a growth of 10.6%. This includes 7314 units of the Eicher brand and 110 units of the Volvo brand. The following are details for June 2024: Eicher branded trucks & buses have recorded sales of 7314 units in June 2024 as compared to 6527 units in June 2023 representing a growth of 12.1%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6893 units in June 2024 as compared to 6277 units in June 2023, repr..
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Cavotec inaugurates new production facility in Chennai
Cavotec, a leading cleantech company, is pleased to announce the inauguration of its new production facility in Chennai. This strategic expansion is aimed at serving both the fast growing domestic market in India and the extensive global market. The new facility will cater to the domestic Indian market with an array of products, including various types of reels designed for both industrial and ports & maritime customers. Additionally, the new site will enhance the production capacity for shore power solutions, reflecting Cavotec's commitment to innovation and sustainability in maritime op..