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Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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Explore their record-breaking annual performance.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2023\u002Fshutterstock_17028831551.jpg\" alt=\"\" width=\"258\" height=\"221\">Elgi Equipments Ltd, manufacturer of air compressors, recently announced the results for the fourth quarter and for the financial year ended March 31, 2023. The consolidated PAT for the quarter was INR 170.10 Crore compared to INR 73.06 Crore in the same period in 2021-22. Consolidated PAT for the financial year was INR 370.81 Crore compared to INR 178.43 Crore in 2021-22. The PAT for the quarter and the year includes profit on sale of property held by the subsidiary, Pattons Inc, USA, amounting to INR 77.45 crore (net of tax).\u003C\u002Fp>\r\n\u003Cp>Consolidated sales for the fourth quarter was INR 836 Crore as against INR 728 Crore in the corresponding quarter in 2021-22. Consolidated sales for the financial year 2022-23 was INR 3,041 Crore as against INR 2,525 Crore in 2021-22. The standalone PAT for the fourth quarter was INR 80.63 Crore compared to INR 60.64 Crore in the same period in 2021-22. The standalone PAT for the year was INR 272.48 Crore compared to INR 189.35 Crore in 2021-22.\u003C\u002Fp>\r\n\u003Cp>The Board has recommended a dividend of INR 2 per share (200 percent) for the year 2022-23, subject to approval of the shareholders. North America and Europe performed better than anticipated. The rest of the regions were better than the previous year. The automotive business has performed well to register growth in sales and profitability. The outlook for 2023-24 remains cautiously optimistic to achieve the company’s FY ’24 revenue targets, with a predicted economic slowdown by experts in certain markets and wars that could act as dampeners.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.elgi.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2023\u002FrpcN7Y6K0Aeuhqtsm8Vz.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2023\u002FrpcN7Y6K0Aeuhqtsm8Vz.jpg","2023-05-23T06:13:40+05:30",0,"Elgi Equipments reported a significant rise in consolidated PAT to INR 370.81 Crore for the fiscal year 2022-23.\nConsolidated annual sales reached INR 3,041 Crore, showcasing consistent growth across global markets including North America and Europe.\nThe Board recommended a 200 percent dividend of INR 2 per share, signaling confidence in the company's financial health.","Elgi Equipments has announced a strong financial finish for FY 2022-23, reporting significant growth in both quarterly and annual performance. With consolidated sales reaching INR 3,041 Crore and a notable increase in profit after tax, the company continues to solidify its footprint in the global air compressor market. Performance in North American and European regions proved particularly resilient, outperforming initial expectations despite a complex global economic climate. Looking ahead, Elgi remains cautiously optimistic for FY '24, maintaining a strategic focus on revenue targets amidst potential market headwinds. This growth highlights the strength of their automotive business and sustained operational efficiency. Congratulations to the team on a milestone year. #ElgiEquipments #FinancialResults #ManufacturingIndustry #BusinessGrowth","Big moves from Elgi Equipments! The company reports record growth for FY 2022-23, with sales hitting INR 3,041 Crore. Global demand remains strong as they set sights on ambitious 2024 targets. #ElgiEquipments #ManufacturingNews","Big news from the manufacturing sector! 📈 Elgi Equipments has officially crushed their FY 2022-23 goals with impressive growth in both sales and profitability. From solid performances in North America and Europe to a 200% dividend recommendation for shareholders, it’s been a massive year for the air compressor giants! 🌍✨ While they remain cautious about global market shifts in 2024, the momentum is clearly on their side. Great to see such steady progress in the industrial space! What are your predictions for the manufacturing sector this year? Let us know below! 👇 #ElgiEquipments #BusinessGrowth #IndustrialEngineering #FinancialNews #ManufacturingLife #MarketUpdate #TradeIndustry",{"title":145,"description":147,"keywords":158},"elgi equipments, financial results, q4 performance, air compressor manufacturing, industrial growth, corporate earnings, fy 2022-23, manufacturing sector",{"title":160,"slug":161,"imageUrl":162},"FAULHABER Micromotors Drive Efficiency in Intralogistics","faulhaber-micromotors-drive-efficiency-in-intralogistics","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2023\u002FSRST1UeJKjWJUQltmBjc.jpg",{"title":164,"slug":165,"imageUrl":166},"Pepperl+Fuchs Expands its IO-Link Portfolio with UHF RFID Reader","pepperlfuchs-expands-its-io-link-portfolio-with-uhf-rfid-reader","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2023\u002FRhLB2iGLwywgK2cPfV7B.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Durma India Outlines Strategic Vision 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