UK-based logistics company DAFZO has turned to Blockchain technology for charting a strong growth strategy. The company has turned to the Blockchain-based P2P logistics platform and is eyeing significant cost savings in the supply chain. If this will induce a disruptive change, the logistics company is looking to leverage smart contracts and artificial intelligence to reduce turn around time and[Read More…]
The farm equipment division of Cotton Greaves has launched a locally manufactured power tiller. Known to supply engines to most manufacturers of small commercial vehicles in India, the company is not just manufacturing the power tiller locally, it also designed and developed it in India. Investing in the R&D and manufacturing facilities in India, Greaves Cotton has armed the power[Read More…]
The Crane Owner Association of India (COAOI) and Infrastructure Equipment Skill Council (IESC) signed a Memorandum of Understanding (MoU) to empower skill development at Excon 2017. As per the MoU, COAOI will provide people for training purposes to companies that are a part of IESC. Post the training, each of them will be offered certification, duly approved by the Government[Read More…]
Despite posting weak numbers in the first half of FY2017-18 largely due to GST uncertainties and de-stocking by dealers, traction in the domestic tyre industry is expected to recover in latter half of FY2018-19. Credit rating agency ICRA expects the tyre industry to post volume growth of up to eight per cent, posting unit volumes of nearly 1,805 lakh tyres[Read More…]
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