Saturday, 17 June 2017

Nissan’s innovative car foam wash saves 6.1 million litres of water in India

Nissan in India has conserved 6.1 million litres of water over the past three years by using an innovative car wash technique. The substantial water savings were achieved thanks to Nissan’s advanced Foam Wash technique to clean cars at its service centres across India, and underlines the company’s commitment to deliver sustainable mobility to customers and society.

Car washes at service centres are a major component of after sales and servicing of customers’ vehicles which require a large amount of water. Traditional car washes generally require around 160 litres of water to clean one car. The Foam Wash technique, introduced in 2014 at Nissan service centres, uses only 90 litres of water per car which reduces water consumption by 45 percent. The amount of water saved by the company is equivalent to the water consumption of around 25,000 households in India for one day.

Commenting on this eco-friendly achievement, Sanjeev Aggarwal, VP - After Sales, Nissan Motor India Pvt. Ltd., said: “Nissan always aims to deliver innovative and best-in-class sales and after sales service to its customers. Using the foam wash technique for our customers’ cars saves their time and a significant amount of water. That’s a winning combination for both Nissan and Datsun customers and for the environment.”

Nissan Motor India Private Ltd. (NMIPL) is a 100% subsidiary of Nissan Motor Co. Ltd., Japan. The company was incorporated in 2005 and offers innovative and exciting products across hatchback, MUV, SUV and sedan segments in India. Nissan together with its global alliance partner Renault set up a manufacturing plant and a Research & Development Centre near Chennai. Nissan in India has a portfolio of two brands, Nissan and Datsun. 

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Friday, 16 June 2017

ELGi Equipments aspires to become world’s No. 2 in global air compressor market

ELGi Equipments Ltd., one of India’s leading air compressor manufacturers, announced their plans to become world’s No. 2 in the global market by 2027. The company, also unveiled their new brand identity with a new logo and color scheme for it’s entire product range. Red and black are more distinct and dynamic as compared to orange and grey. Red stands for performance, passion and energy. It reflects the drive to constantly evolve and keep getting better. Black is clear, bold and helps establish a distinct brand world. From the functional stand point, these colors add on to better visibility, consistency in execution and are unique in the industry.

The air compressor market is growing steadily year on year. The market size is anticipated to be $20 billion in 2023, with 3.6% CAGR from 2016 to 2023.

The company has opted to take the innovation route to be world’s No. 2 in the global air compressor market by making the products energy efficient, oil free and with an increased uptime reliability. ELGi has always focused on strengthening its attention on indigenous technology, research and development to innovate newer technologies in the air compressor industry.

Speaking at the conference, Dr. Jairam Varadaraj, Managing Director, Elgi Equipments, said: “ELGi as a brand that is over 50+ years, has constantly evolved as a global leader in providing complete range of compressed air solutions leaving behind satisfied customers across all industrial verticals. Air compressors are the ‘life source of all industries’ and the need will never diminish. With our best-in-class lifecycle cost driven by low specific power consumption and maintenance cost, we strive to run all manufacturing facilities across the world with ELGi compressors.”

Elgi Equipments is a leading air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems. ELGi has earned worldwide distinction for designing sustainable solutions that help companies achieve their productivity goals and keep the cost of ownership low. ELGi offers a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors and centrifugal compressors, to dryers, filters and downstream accessories. The company’s portfolio of over 400 products has found wide application across industries. 

For further information on the organisation and its products, visit:

Suzuki two-wheelers records 52 per cent increase in sales in May

Suzuki Motorcycle India Private Ltd. (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers, Suzuki Motor Corporation, Japan, has registered a 51.69 per cent increase in overall sales for the month of May 2017 as over the corresponding period of last year.

Suzuki Motorcycles clocked a sales figure of 38,923 units for May 2017 as against 25,659 units sold in the previous calendar year. This is the fourth consecutive month in which Suzuki is experiencing double digit sales growth.

While the automobile industry has picked up, Suzuki has been witnessing growth above the industry average for the past months, due to several factors. The company attributes the rise in its sales to the growing popularity of its flagship products, the New Access 125 and the Gixxer, and the outreach of its customer engagement programs across the country. 

Thursday, 15 June 2017

Harley-Davidson India organizes maiden edition of Passport to Freedom for the Indian Military Academy

In line with its objective to educate and inform riders about confident and safe riding, Harley-Davidson India conducted an exclusive edition of Passport to Freedom for the Indian Military Academy (IMA), Dehradun. Conducted by PowerDrift, this unique session was organized on June 3 in the IMA premises and saw officers and cadets bonding over a shared passion for motorcycling.

After a successful debut last year, the 2017 edition of Passport to Freedom is scheduled to be organized across all Harley-Davidson dealership cities over the year. And Harley-Davidson plans to continue to conduct these sessions with IMA over the years to come.

Commenting on the association, Pallavi Singh, Director Marketing, Harley-Davidson India, said: “The Indian Military Academy strongly embraces the virtues of freedom, camaraderie and trust, the same values that Harley-Davidson celebrates. We’re proud to have brought Passport to Freedom to the IMA this year, a first for any motorcycle brand in India. We’re excited to play a special role in training the cadets by introducing them to certain simple techniques that help them improve their riding skills. Going forward Harley-Davidson plans to introduce newer initiatives for the Armed Forces.”

IMA added: “Many cadets at IMA love motorcycling and we always try and give them opportunities to help them nurture their passion. With Passport to Freedom by Harley-Davidson, our cadets got to learn from the very best. The turnout has been extremely encouraging and we are looking forward to more such sessions.”

This exclusive edition of Harley-Davidson Passport to Freedom was curated as an interactive session, where seasoned rider and motorcycle expert Rohal Albal from PowerDrift, spoke about techniques to improve riding skills and address queries around effective braking, slow speed handling, defensive riding techniques and road signs and signals. Through Passport to Freedom, Harley-Davidson aims to support and enable aspiring riders to begin the ride of their dreams by helping them get the skills they need to hit the road with confidence.

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Tata Elxsi’s ‘Autonomai’ driverless car platform selected by leading OEM

Tata Elxsi, a global design and technology services company and a leader for automotive electronics and software development, announced the licensing of its advanced autonomous vehicle middleware platform “AUTONOMAI” to one of the world’s top 5 automotive OEMs for their driverless car R&D. 

The Autonomai platform provides carmakers and Tier-1 automotive suppliers with a comprehensive and modular solution covering Perception, GNC and Drive-by-wire systems, to quickly build, test and deploy autonomous vehicles.

This solution supports sensor fusion with a variety of sensors from cameras to Radar and Lidar, and leverages sophisticated artificial intelligence (AI) and deep learning based algorithms to deliver the complex use-case scenarios expected of driverless cars.  

Autonomai also allows rapid region specific adaptation through its pre-integrated validation datasets and AI & deep learning capabilities.   

“We are delighted with this latest win for AUTONOMAI by one of the world’s top 5 car OEMs”, said Nitin Pai, Senior Vice President Marketing for Tata Elxsi. “Car makers will need to ensure that self-driving cars are able to communicate with each other through technologies such as V2X, adapt to different driving conditions, receive real-time maps and over-the-air software updates. As importantly, OEMs need to transform the current HMI to one that leverages AI, multi-modal interfaces and sensors to ensure passengers are not only safe, but feel safe too. The value of AUTONOMAI is further enhanced by Tata Elxsi’s world-class automotive software integration and validation capabilities, its portfolio of complementary next-gen solutions including V2X, e-cockpit and automated validation, and an award-winning HMI design team. This makes Tata Elxsi a truly compelling partner for OEMs and suppliers in driverless car development.”

Tata Elxsi is a global design and technology services company, headquartered in Bangalore. It addresses the automotive, broadcast and communications, consumer electronics and healthcare industries. A network of design studios, development centres and offices worldwide supports this.

Tata Elxsi works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design and product engineering services from architecture to launch and beyond. It brings together domain experience across Infotainment, Autonomous Driving, Telematics, Powertrain, and Body electronics, along with technologies such as artificial intelligence, analytics, cloud and IoT. Tata Elxsi is accredited with an Automotive SPICE Level 5 certification and is a member of leading consortiums such as AUTOSAR and GENIVI.

TN Government set to launch new policy initiatives towards economic development

The Southern Regional Council of Confederation of Indian Industry (CII) organized an exclusive Interactive Session with the Chief Minister of Tamil Nadu, Mr. Edappadi K. Palaniswami.

Mr. M.C. Sampath, Minister for Industries, Mr. P. Thangamani, Minister for Electricity, Government of Tamil Nadu, and other senior Government officials also participated in the session along with leading industrialists from 6 Southern States.

While addressing members of the CII Southern Regional Council, Mr. Edappadi K. Palaniswami said that the State Government has been taking several policy measures to make Tamil Nadu a leader in economic development. Towards this, the State will promote industrial corridors and would come out with an Aerospace and Defence Policy to give a boost to the manufacturing sector.

He appreciated the efforts of CII in successfully organizing the Global Investors’ Meet 2015. He emphasized the importance of ICT sector in TN and said that the Government has been supporting in organizing CII Connect, a flagship initiative in the ICT sector. He highlighted the strengths of Tamil Nadu as an investment destination in the Manufacturing, Infrastructure and Services Sectors. Tamil Nadu is well equipped in meeting the dynamic global demands which makes the State a leader in various aspects, he said. 

To improve the EoDB ranking of the State, Tamil Nadu Government has taken measures to launch an effective online Single Window Clearance System. The upcoming Aerospace Park in Kanchipuram District and development of Aerospace Policy will ensure a bright future of the State. 

He welcomed industries to establish their businesses in the Tier-II and Tier-III cities and stated that the Madurai – Tuticorin Industrial Corridor is being developed. The proposal of the State Government to bring out an exclusive Aerospace and Defence Policy will give a boost to the Manufacturing Sector in Tamil Nadu, added the Chief Minister.

Mr. M.C. Sampath invited industries to establish their businesses in Tamil Nadu. He reassured strengthening the Ease of Doing Business through the help of Guidance Bureau. He mentioned that Rs. 1,295 crores have been allotted for establishing a multi-modal transportation hub in the State.

Mr. Vikram Kirloskar, Chairman, CII Southern Region, in his welcome remarks, thanked the Chief Minister for participating in the CII Southern Regional Council meeting. He also appreciated the Tamil Nadu Government for its path-breaking measures taken towards the economic development of the State.

Mr. R. Dinesh, Deputy Chairman, CII Southern Region, and Mr. P. Ravichandran, Chairman, CII Tamil Nadu State Council, also addressed at the session which was attended by more than 100 leading industrialists/CEOs from all over South India.

Wednesday, 14 June 2017

Honeywell introduces transformative ‘Honeywell Connected Plant’ solutions at first ITS 2017

At the first India Technology Summit (ITS), Honeywell has introduced its suite of solutions under the Honeywell Connected Plant (HCP) to promote digitization in industries in support of the Government’s Digital India effort. HCP’s transformative solutions enable manufacturers and process industries leverage data and insights to improve the efficiency and profitability of their operations.

HCP combines the company’s unmatched industrial expertise, software and cloud technologies to make its customers’ operations more reliable, profitable and secure than ever before. HCP technologies enhance decision making, increase security and productivity, and improve collaboration across the enterprise by providing the right information at the right time. These solutions cater to energy, manufacturing, infrastructure and other industries. 

“India is at the cusp of a digital revolution, driven by the government’s vision to digitize the economy, citizens, and infrastructure,” said Mr. Ashish M. Gaikwad, Managing Director, Honeywell Automation India Ltd., and Country Leader, Honeywell Process Solutions, inaugurating the day-long summit. “It is imperative for industry to adopt world-class technologies that improve safety, reliability, and efficiency in an increasingly competitive global environment, and our HCP proposition is uniquely positioned to achieve this industrial evolution.”

The inaugural session also was attended by Mr. Ajay Prakash Sawhney, Additional Joint Secretary, Ministry of Petroleum and Natural Gas (MoPNG), Government of India, in addition to stakeholders from across the hydrocarbon sector. The session was followed by a live technology demonstration showcasing HCP products and solutions, a plenary session and several speaker sessions.

“IIoT is the industrial revolution of the 21st century and Make in India is at the heart of Honeywell’s business strategy here. The HCP proposition focuses on technologies and industrial solutions to help organizations harness the power of IIoT. Honeywell is positioned really well for this transformation, given our decades-long history and relationships with our customers,” said Mr. Steve Gimre, Managing Director, Honeywell UOP India.

Attendees had an opportunity to experience firsthand many of Honeywell’s solutions under the HCP portfolio:

* Industrial cyber security: Honeywell showcased its Industrial Cyber Security Risk Manager, a solution that provides a single view for operations, IT and leadership teams to monitor, measure and manage cyber security across the enterprise. The team also demonstrated its new Secure Media Exchange (SMX), which gives operators unprecedented control and visibility into the secure use of USB and removable storage by personnel and contractors alike, reducing cyber risk to process control networks globally.

* Automated change management software: A powerful documentation and change management software that helps customers’ industrial control system integrity, Honeywell Trace replaces paper-based records and spreadsheets with an automated solution. This helps minimize errors due to changes in configurations, improve worker productivity, and simplify automation asset management by providing a single integrated view of complex system interactions.

* Data acquisition and analytics: The expanded Uniformance Suite software provides real-time digital intelligence through advanced process and event data collection, asset-centric analytics and powerful visualization technology, turning plant data into actionable information to enable smart operations.

* Plant performance: Honeywell Connected Plant applications that leverage the IIoT to tap Honeywell's deep process knowledge, design expertise and understanding of catalysis with next-generation software platforms from Honeywell Process Solutions. The software-based service enables refiners and petrochemical and gas processing plants to improve their performance. 

Thursday, 8 June 2017

Grundfos India launches Smart Solarz

Grundfos Pumps India Pvt. Ltd. (Grundfos India), the leading manufacturer of energy efficient pumps, today launched Smart Solarz, a solar pump for domestic use. This solar powered self-priming pump was conceptualized, designed and manufactured in India. Smart Solarz is a product designed to cater to the specific needs of the Indian consumer. It is lightweight, easy to install and the wet parts of the pump are made of food grade engineered polymers to ensure that it is corrosion free. The Smart Solarz also has intelligent features like protection against dry run and level controls. The pump has a 150W \ 24V BLDC motor.

Smart Solarz is best suited for houses and buildings, which have a ground floor and maximum of two additional floors, especially in areas where the power supply is poor or not available. It is ideal for farmhouses, beach houses, rural and semi-urban areas. It operates with solar panels of 250W / 36V (open circuit).  It can be used for water pumping from sump to overhead tank as well as in greenhouses, lawns, gardens, solar powered fountains and for feeding livestock.

Commenting on the launch of Smart Solarz, Mr. Ranganath N.K., Managing Director, Grundfos India, said: “We at Grundfos India are proud to launch this intelligent, solar pump which was envisioned and created in India. Smart Solarz is a reliable and robust pump for homeowners. It is easy to install, lightweight and has low-maintenance features. All this along with the fact that it runs on solar power, makes it an ideal choice for many uses and customers”.

For more information on Smart Solarz, call: 1800-102-2535

Chola MS General Insurance raises Rs. 100 crores of Tier-2 capital to fuel growth in fiscal 2017-18

Cholamandalam MS General Insurance Company Ltd. has announced the successful private placement of 1,000 unsecured, subordinated, fully paid-up, listed, redeemable, non-convertible debentures having face value of Rs. 10,00,000 each (the NCDs), at par, aggregating to Rs. 100 crores. The coupon rate is 8.75% per annum and a maturity period of 10 years with a call option after 5 years.

Mr. S.S. Gopalarathnam, MD & CEO, Chola MS General Insurance, said: "We have augmented our capital base by issuing subordinated debt, post the recent measures announced by the Insurance Regulatory and Development Authority of India (IRDAI), allowing alternative forms of capital.  The funds raised through this issue would be used to fuel and facilitate business growth by further strengthening the company’s solvency. During Fiscal 2017-18, Chola MS is poised to grow its gross written premium (GWP) to Rs. 4,500 crores - a growth of 40% over the last fiscal.”

The NCDs have been assigned a credit rating AA+ (Outlook: Stable) by rating agencies CRISIL and ICRA.

The NCDs will be listed in National Stock Exchange of India Ltd.

The issuance of these NCDs are in accordance with the provisions of inter alia the Insurance Regulatory and Development Authority of India (Other Forms of Capital) Regulations, 2015, as amended from time to time, which were notified in November 2015 whereby Indian insurers were allowed to raise additional capital through subordinated debt or preference shares.

Chola MS General Insurance Company Ltd. is a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Ltd., Japan.

Chola MS offers a wide range of insurance products that include accident, engineering, health, liability, marine, motor, property, travel and rural insurance for individuals and corporates. In 2017, the company crossed a gross written premium (GWP) of Rs. 31,332 million. Chola MS GI currently has 110 branches and over 20,000 agents across the country.

Chola MS GI champions a brand philosophy called T3, which stands for Trust, Transparency and Technology. It has also been consistently recognised and awarded by the Government of India, international entities and ratings agencies for its insurance service and delivery innovations.

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Founded in 1900, the Rs. 300 billion Murugappa Group is one of India's leading business conglomerates. The group has 28 businesses including eight listed companies traded in NSE & BSE. Headquartered in Chennai, the major companies of the group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.

Market leaders in served segments including abrasives, auto components, transmission systems, cycles, sugar, farm inputs, fertilisers, plantations, bio-products and nutraceuticals, the group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad QuĂ­mica y Minera de Chile (SQM),Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.

Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The group fosters an environment of professionalism and has a workforce of over 32,000 employees.

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