Category — Industrial Goods

Rolls-Royce to Increase R&D Headcount in India

Rolls-Royce plans to increase its workforce to three times its current number at its research and development center in Bangalore, India, by end of this year.

Rolls-Royce Director Benjamin Robert Story and Rolls-Royce India President Kishore Jayaraman met Federal Minister for IT Ravi Shankar Prasad to express their interest in engaging with the ‘Digital India’ initiative, reports the Times of India. The company expressed interest in investing in Indian startups working on artificial intelligence, machine learning technology and data analytics.

Rolls-Royce Logo

June 26, 2017   No Comments

India Ratifies UN’s Convention for Goods Transit

India is the 71st signatory to the United Nations’ TIR (Transports Internationaux Routiers) Convention, an international transit system that facilitates the seamless movement of goods throughout countries in Asia and Europe.

TIR is the global standard for goods customs transit managed and developed by IRU, the world road transport organization. IRU, will work closely with all relevant stakeholders in India on training, development, and outreach efforts to prepare the country in six months in implementing the convention said Umberto de Pretto, secretary general of IRU.

A Truck

India recently ratified the trade facilitation agreement of the World Trade Organization, and this move will help India access transnational multi-modal connectivity.

Kazem Asayesh, senior advisor on TIR and Trade Facilitation said, “The TIR system has been facilitating trade and international road transport for over 60 years, by allowing customs-sealed vehicles and freight containers to transit countries, without border checks.”

A study in the United Nations Economic and Social Commission for Asia and the Pacific region estimated that implementing TIR can generate economic benefits ranging from 0.14 to 1.31 percent of national GDP, reports the Times of India.

June 22, 2017   No Comments

India’s Proklean Tech’s Probiotic Products Find Global Markets

Chennai, India-based Proklean Technologies, has an exclusive license from Kansas City’s SCD Probiotics for using its certified mother culture to manufacture and market products that are natural, non-toxic, and  bio-degradable. These products are used in variety of industries, including leather and textile processing. “Wherever chemical surfactants are used, we have an opportunity to develop a replacement,” says Sivaram Pillai, the CEO of the company.

BusinessLine reports that according to the agreement, SCD Probiotics will sell the product made in India for the leather industry globally, while Proklean will sell it in the Indian market. For the textiles processing industry, Proklean will sell the products in India and globally too. “We are selling in Bangladesh, the Philippines, Sri Lanka and we are starting Indonesia,” says Vishwadeep Kuila, director, Proklean.

Proklean Products

This year, Proklean will launch products for the paper and pulp industry. “We are ready with the first product for the paper industry, which will help reduce the usage of chemicals, or with the same chemical consumption, increase the brightness of paper,” Pillai said. These products help bring down water consumption by 20 percent, reduce pollution by 30 percent and processing time by 10 percent, added Pillai.

 

June 15, 2017   No Comments

Johnson Controls and Hitachi to Set Up Export Hub in India

Wisconsin-based Johnson Controls and Hitachi Airconditioning India Ltd., will develop and manufacture air-conditioners in its plant near Ahmedabad, Gujarat, for sale in the Middle-East and Southeast Asia.

Global CEO Franz Cerwinka said, “We also want to expand our manufacturing to export out of India. The Indian operations contribute  12 percent to our global revenue. India has the potential to become one of the top three markets for the company since there is a lot of pent-up demand which will be generated in the mid-to-long term.”

JCI Hitachi

Johnson Controls-Hitachi Air Conditioning India reported that in 2016 sales grew 20 percent to $301 million from the previous year. Profit climbed 62 percent to $12.4 million (Rs 81crore.) the Economic Times reports.

June 8, 2017   No Comments

H.B.Fuller Sets up R&D Facility in India

St. Paul, Minnesota-based adhesives manufacturing company H.B.Fuller, expanded operations in India by adding a research center in its manufacturing facility at Shirwal, near Pune, and a business office in Pune. The company serves industries such as electronics, disposable hygiene, medical, transportation, clean energy, packaging, construction, and woodworking.

Jim Owens, president and chief executive officer at H.B.Fuller said, “We are pleased to be expanding our footprint in India. We are optimistic about the new opportunities our new business office and R&D center will provide us, and our customers.”

HB Fuller's R and D Lab in Pune

Spanning 5,000 square feet, the new R&D center has dedicated areas to conduct experiments, run demonstrations and train customers on its hot melt, water-based, anaerobic and cyanoacrylate technologies. Its proximity to the production floor increases collaboration between the company’s R&D and operations teams, reports the Business Standard.

June 8, 2017   No Comments