| July
16 to 22 |
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| News Archives |
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| Reifen
China at Shanghai in November 2007 |
Reifien China will open its doors to an international trade
public in the Shanghai New International Exhibition Center from November 14,
2007 to November 16, 2007. The project is a joint venture between Messe
Essen GmbH and the Chinese company China United Rubber (Group) Company (CURC).
Said to be a sensible supplement to the Essen tyre fair, the Indo-German
Chamber of Commerce represents this fair in India. Reifien China is expected
to offer an ideal communication and information meeting place for the tyre
industry and for the wholesale and retail tyre trade. For further
information contact: Indo-German Chamber of Commerce, Tel: 022-66652121,
E-mail: events@indo-german.com.
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| Electronica
Bags Award for Export Excellence |
Pune-based Electronica Machine Tools Limited has bagged a Star
Performer of the Year Award (Medium Enterprise) for the year 2005-06 during
the recently held All India Awards for Export Excellence Promotion Council
in recognition of contribution of Indian engineering companies in the field
of exports. Electronica was a star performer of the year in the Machine
Tools and Parts’ category and the award was received by R K Ratnaparkhi,
managing director, Electronica Machine Tools Ltd at the hands of Kamal Nath,
Union Minister of Commerce & Industry.
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| Renault
Design India Becomes True Centre for Creation |
Renault’s Mumbai-based satellite design centre, Renault Design
India, will now design vehicles for the Indian market and other regional
markets. Its role will go from initial Project design through to the
finalised mock-up of a vehicle. The centre, which has been operational for
almost 2 years, played a pivotal role in several highly successful projects
in 2006, including the Logan Steppe concept car presented at the 2006 Geneva
Motor Show and the MMI (Man Machine Interface) concept car presented at the
2006 Paris Motor show then the 2007 Geneva Motor Show. It also carried out
R&D work focusing on top-end fabrics in order to tap into India’s
amazingly rich textile-oriented heritage.
The objectives of Renault Design India are to assist with current and future
range development in India, develop a perceived quality expertise, develop a
range of automobile accessories, from design through to production and
integrate Renault Design India within the overall design process, meaning
everything from initial design to the production of mock-ups and prototypes,
including the digital design phase, the lynchpin of our current operations.
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| RSB
Group in Investment Deal with IL&FS |
RSB Group, a leading engineering and component manufacturing
house, has concluded a private equity placement of Rs. 154.35 crore with the
IL&FS Investment Managers (IIML) as lead investor along with a
co-investment by Evolvence. RSB will use the private equity infusion for
capital expansion activities and to grow organically and inorganically
through joint ventures and acquisitions. RSB recently acquired
Michigan-based auto ancilliary firm, Miller Brothers. The Investment Advisor
to the Company for this PE deal with IIML was KPMG India Private
Limited.
Speaking on the occassion, Shahzaad Dalal, Vice Chairman and Managing
Director, IL&FS Investment Managers, said, "We believe that the
Auto Ancillary and Construction Equipment sectors in India are high growth
areas, driven by increased infrastructure spending, development of Roads
& Highways and rising exports. RSB Group is an established, high quality
player well positioned to ride this high growth."RSB is ambitiously
aiming to be a $ 1 billion global Group by 2013 through both organic and
inorganic growth.
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| New
Porsche 911 GT2 |
Porsche is ready to introduce the new 911 GT2 at the Frankfurt
Motor Show. The most powerful 911 so far homologated for road use, the new
911 GT2 expresses the power and performance potential of the fastest-ever
911 right from the start and even at standstill.
Available exclusively with rear-wheel drive and a manual six-speed gearbox,
this high-performance athlete accelerates to 100 kph in just 3.7 seconds and
reaches a top speed of 329 kph (204 mph) on average fuel consumption of just
12.5 litres per 100 km (equal to 22.6 mpg imp) in the New European Driving
Cycle (NEDC), thus offering a level of fuel economy regarded as quite
impossible in this performance class just a few years ago. The power unit of
the new 911 GT2 is based on the six-cylinder boxer engine of the 911 Turbo,
with air supply by two exhaust gas turbochargers featuring variable turbine
geometry (VTG). The 3.6-litre boxer engine achieves its maximum output of
530 bhp (390 kW) at 6500 rpm, with maximum torque of 680 Nm maintained
consistently between 2,200 and 4,500 rpm. With its unladen weight of 1,440
kg or 3,175 lb, finally, the 911 GT2 offers a power-to-weight ratio of just
2.72 kg/6.00 lb per horsepower.
The increase in engine power by 50 bhp over the "regular" power
unit is provided in the new 911 GT2 by two turbochargers with a larger
compressor wheel and a flow-optimised turbine housing raising turbocharger
pressure to an even higher level. And for the first time Porsche’s
engineers have combined the turbocharged engine with an expansion-type
intake manifold – a genuine revolution on turbocharged power units. The
expansion intake manifold uses the principle of oscillating air in the
intake manifold during the cooler expansion phase, keeping the temperature
of the fuel/air mixture lower than in the 911 Turbo. This, in turn, means a
significant increase in all-round efficiency, with fuel consumption down by
up to 15 per cent under full load despite the increase in engine output.
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| JCB
India Seminar on Waste Management |
JCB India Ltd conducted a seminar on waste management in Mumbai
recently. This seminar is first of the four seminars addressing the issue,
focusing on policy planning and strategy, management of municipal solid
waste and treatment, solid waste management, and operable alternative
methods. The seminar is an initiative of The Global Forum for Disaster
Reduction (GFDR), and is organised by JCB India Ltd and New Media. The
National Solid Waste Association of India (NSWAI) and The Energy and
Resources Institute (TERI) are co-organisers of the event.
Jairaj Phatak, Municipal Commissioner of Mumbai, Sharad Kale, professor,
Bhabha Atomic Research Centre and Amit Gossain GM Marketing for JCB spoke at
the seminar, which aimed to facilitate consensus and resolve conflict among
the Municipal Corporation, medical professionals, environmentalists, and
public and corporate sector bodies. The objective of the series of seminars
is to identify and address the barriers to the effective implementation of
policies and regulations in social waste management in Asia.
Speaking at the seminar, Vipin Sondhi, MD, JCB India Ltd. said “Rapid
urbanization and the use of non-bio degradable materials has resulted in
burdening our Earth with incomprehensible tons of waste. This is not only
hazardous to health, but disturbs the ecological balance enough to provoke a
series of natural disasters. JCB is on the forefront of the initiative to
tackle waste in more effective and innovative ways through a range of world
class specially designed machines.” “Today, when all developing
countries are facing issues of solid waste management, our aim should be to
put to use the best possible practices to achieve sustainability. We must
address this challenge at its origin, as segregation at the source is a key
for proper garbage disposal,” said Sharad Kale, Professor, Bhabha Atomic
Research Centre. The next seminars will be held at Kolkata, Hyderabad and
Bangalore.
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