Category — Manufacturing Technology

Arrow Electronics to Acquire India-Based eInfochips

Centennial CO-headquartered Arrow Electronics entered into a definitive agreement to acquire product engineering and software R&D services company eInfochips Ltd, headquartered both in Ahmedabad, India and San Jose, California. After the acquisition, which is likely to close this month, eInfochips will act as a fully-owned subsidiary of Arrow Electronics.

Pratul Shroff, founder and CEO of eInfochips said, “This [acquisition] brings a $23.8 billion revenue Fortune 118 corporation to Ahmedabad, Gujarat – which is a matter of immense pride to all of us at eInfochips.” He added that the deal will allow the company to leverage synergies between its engineering capabilities and digital offerings with Arrow’s electronics and enterprise products and solutions, and digital operations, including in IoT.

Computer Chip

“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market. This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services,” said Michael J. Long, chairman and chief executive officer at Arrow.

January 9, 2018   No Comments

Startups in India’s Defense Sector Forge Ahead

With the Government of India permitting 100 percent foreign direct investment in India’s defense industry, many startups in India’s private sector have started to design technologies that can be used in manufacturing defense equipment.

Bangalore-based Aadyah Aerospace builds electro-mechanical actuators, control actuation systems and electro-optics systems for missiles and launch vehicles.

Since military equipment can’t always be tested on the field, CM Envirosystems, another Bangalore-based startup designs and manufactures environmental test chambers which simulate real environmental conditions. The company provided these environmental test systems for Agni, India’s ballistic missiles program.

A smartphone with Start Up displayed on it

Samhams Technologies, ideaForge and Omnipresent Robotics are creating better quality drones that can be used in cloudy and foggy environs.

Entrepreneur says that biotech engineer Leo Mavely, founder of Axio realized the importance of the untapped healthcare market in the defense sector. His product Axiostat is a sterile, single-use haemostatic dressing intended to be used for temporary control of moderate to severe bleeding of wounds. Malvey added that the company has supplied these dressings to one hundred battalions in India, and have also shipped around 350,000 units worldwide.

Bangalore-based Tonbo Imaging makes digital imaging systems for equipment such as guns, unmanned aerial vehicles, and battle tanks. It earns nearly 80% of its revenues from the Indian defense services. This startup specializes in products such as advanced night-vision cameras, fire control systems, and advanced weaponry through “nature-inspired technology.”

December 29, 2017   No Comments

Automobile Industry in India Grows 24% in November 2017

All segments of the automobile industry in India recorded double-digit sales growth in November ’17. Sales of passenger vehicles grew 14 percent, lowest among all segments, while those of motorbikes and scooters grew 23 percent. Sales of commercial vehicles were up by 50.4 percent.

A truck

Business Standard reports that according to data issued by the Society of Indian Automobile Manufacturers (SIAM), demand from India’s rural areas is driving sales for two-wheeled vehicles.  Vishnu Mathur, director general at SIAM, said, “In the goods carrier segment, trucks have grown mainly on enhanced spending by the government on infrastructure projects. However, the bus segment remains impacted, as government buying remains at a slow pace.” 

December 15, 2017   No Comments

Boeing to Set Up Engineering and Technology Facility in India

Seattle-based commercial aircraft maker Boeing will invest $170 million to set up a new facility for engineering and technology which will manufacture and assemble electronics /avionics in Bangalore, India. The Karnataka state government gave permission for the project which will be set up on about 36 acres of state-owned land at Aerospace Park.

Boeing 777-300

Business Line reports that Boeing expects Indian airlines to order up to 2,100 new aircraft worth $290 billion over the next 20 years which, according to the plane maker, is the highest-ever forecast for the country. Boeing also expects single-aisle planes like the next generation 737 and 737 Max to account for most of the deliveries.

“The increasing number of passengers, combined with a strong exchange rate, low fuel prices, and high load factor bodes well for India’s aviation market, especially for the low-cost carriers,” Dinesh Keskar, senior vice-president, Asia Pacific and India Sales at Boeing Commercial Airplanes, said.

December 11, 2017   No Comments

Dover Fueling Solutions Wins Another Order from BPCL

Austin, Texas-based Dover Fueling Solutions scored on two fronts in December 2017, in India: the company was awarded a fuel dispenser tender from state-owned Bharat Petroleum Corporation Limited (BPCL), India’s leading oil marketing company, and it  announced the opening of a new factory in Navi Mumbai.

The fuel dispenser order the company received in December 2017 was the second order from BPCL in a year, following the first dispenser tender award in 2016. The recent win is for 5,000  Tokheim Quantium fuel dispensers with enhanced fraud prevention features to be installed across BPCL’s retail network in India.

Tom Cerovski, vice president and general Manager of the Dover Fueling Solutions Dispenser Business Unit said, “We are excited about our continued commercial success across several product lines in India.”

 David Crouse

David Crouse

The company announced the opening of its new global manufacturing facility in Navi Mumbai. This  factory spans an area of 90,000 square feet, and can produce up to 20,000 fuel dispensers per year. On the occasion, president David Crouse said, “Dover’s aspirations for this market and surrounding region require an exceptional manufacturing facility, which we are creating with this new factory. India is one of the key best-value countries from a manufacturing and sourcing perspective.”

December 10, 2017   No Comments