Author: em@pi-india
KIL Sales grew by 7.7% year over year for quarter ended March 31, 2025 Kennametal India Limited (KIL) reported its third quarter FY25 results (ended March 31, 2025), with a 7.7% growth in sales over the same quarter last year. The Company also announced an Interim dividend of ₹ 40/- per share for FY25 supported by strong cash flows as against ₹ 30/- per share for FY24. Sales were ₹ 2896 Mn, 7.7% higher as compared to ₹ 2688 Mn in the same quarter last fiscal year. Profit Before Tax (PBT) was ₹ 328 Mn, lower than ₹ 517 Mn in…
This strategic move reinforces ProcMart’s commitment to sustainable innovation, operational excellence, and customer-centric expansion across the B2B ecosystem ProcMart, one of India’s leading B2B marketplaces for indirect procurement, has announced the elevation of Sachin Jain to Co-Founder. This development underlines the company’s continued focus on strengthening leadership as it accelerates its journey toward building a future-ready, tech-enabled, and sustainable supply chain ecosystem. Sachin joined ProcMart in March 2024 as Chief Financial Officer (CFO) and Chief Strategy Officer (CSO). In just over a year, he has co-partnered with Founder & CEO Anish Popli in driving business growth, enabling new enterprise additions,…
Launches AI-powered side-by-side refrigerators with eye-catching aesthetics Home appliances are no longer just about functionality; they are now an extension of style and smart living. Consumer preferences are also shifting towards more premium products, with higher capacities, that offer technology-driven features for added convenience. Aligning with this, the Appliances business of Godrej & Boyce, part of the Godrej Enterprises Group has launched AI-powered Eon Velvet Side-by-Side Refrigerators that offers a seamless blend of aesthetics and technology. Powered by AI, this 600L large capacity refrigerator automatically optimises cooling and energy consumption by sensing food load and usage like door openings, ensuring…
The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, today announced the launch of the Skill India Assistant (SIA), an AI-powered digital skilling tool developed in collaboration with Meta, using its open-source Llama models. This marks the world’s first large-scale initiative of its kind, where an open-source AI model is being integrated into a nationwide public skilling mission on WhatsApp, providing access to millions of Indians across the country. Accessible via WhatsApp at +91 8448684032 and available on the Skill India Digital Hub, SIA offers people a unique opportunity to explore skilling courses, discover nearby training centres, and…
ISCAR India, a leading manufacturer of precision carbide cutting tools and part of the globally renowned IMC Group (a Berkshire Hathaway company), is proud to announce the appointment of Rahul Patil as President and CEO. Bringing over two decades of rich experience in the cutting tool and metalworking industry, Mr. Patil has held key leadership roles with global giants such as Walter (A Sandvik Company) and Vargus Ltd. Known for driving business transformation, nurturing talent, and delivering customer-focused innovations, he is well-positioned to steer ISCAR India through its next phase of growth. In his new role, Mr. Patil will be…
Mahindra & Mahindra Limited (M&M), one of the largest car manufacturers in India, has given MAHLE the “Special Appreciation Award” for its Intelligent Thermal Management System (ITMS). MAHLE has developed the system especially for the first platform of battery electric vehicles (BEV) XEV 9e and BE 6 from M&M. The ITMS was designed specifically for regional market requirements. Particularly noteworthy are the intelligent control strategy and software, which optimize the temperature in the interior and the battery as well as the air flow at the cooling module. As a result, MAHLE has significantly improved the energy efficiency of the system…
New DESMA-PUDIP installation to boost output, optimise manpower, and support local manufacturing ecosystem Bata India marked a significant milestone in its manufacturing journey with the inauguration of a cutting-edge DESMA-PUDIP (Polyurethane Direct Injection Process) machine at its flagship Bata Nagar factory in Kolkata. The event was attended by dignitaries from the Government of West Bengal, senior leaders from Bata India, and representatives from the Bureau of Indian Standards. The introduction of DESMA-PUDIP machine is set to revolutionise the production capabilities at the factory. This upgrade will not only improve the productivity of the unit but also ensure better quality of…
MOUs Signed with Indian Government and Inauguration of Renesas’ Bengaluru and Noida Offices Mark Investments to Accelerate Growth in India’s Key Semiconductor Hubs Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems. Renesas also celebrated the expansion of its offices in Bengaluru and Noida to accommodate its growing R&D teams, with the inauguration ceremonies held today. This strategic move underscores Renesas’ commitment to innovation and excellence in India…
Superform Chemistries Limited, formerly known as UPL Specialty Chemicals Limited, is a next-generation specialty chemistries company built on the pillars of innovation, sustainability, and high-performance solutions. Now operating as a fully independent entity, SUPERFORM serves some of the world’s most dynamic and diverse sectors, including agriculture, lubricants, flame retardants, mining, healthcare, food & beverages and more. SUPERFORM is a wholly owned subsidiary of UPL Ltd. India is on the cusp of becoming a major global player in the chemistry industry. By 2040, the Indian chemistries market is projected to grow to $850–$1,000 billion, with the specialty chemistries segment potentially accounting…
CS TECH Ai, in partnership with Bentley Systems, organised ‘SmartFlow Lucknow’, an industry event focusing on digital solutions for water infrastructure. The event gathered government officials, engineers and technology professionals to discuss practical approaches to modernising water systems in India. Senior officials, including Shri Suprabhat Singh, Chief Engineer, Irrigation and Water Resources Department, and Shri R.B. Ram, Chief Engineer, Jal Nigam, attended the event and underlined the role of digital tools in enhancing system efficiency and resilience. The programme featured technical sessions led by Bentley Systems, showcasing hydraulic modelling techniques, system-wide analysis methods, and the use of structural engineering software…
