Luminous launches energy efficient designer fans

Luminous Power Tech plans new plant in eastern India

Luminous Power Technologies, a subsidiary of France’s Schneider Electric, plans to invest Rs 5 billion in expanding its battery production capacity, including setting up a new manufacturing unit in the eastern part of India, the company’s managing director and chief executive Preeti Bajaj said.

In a media interview, Bajaj said the proposed investments would boost Luminous Power Technologies’ battery capacity by more than 50 per cent in the next few years.

She said the company recently opened a manufacturing unit in Haridwar, Uttarakhand, and plans to set up a new manuf..

Schneider Electric seeks to sell Luminous

Schneider Electric is reportedly keen to carve out and sell its power backup business, Luminous Power Technologies. Several buyout funds such as Blackstone, Carlyle, Bain, Warburg and KKR, and strategic buyers like Su Kam and Amara Raja, have been approached.

Schneider has appointed investment bank Citigroup Capital Markets to help in lookin..

Bentley Systems organises Innovation Day in Gujarat

Bentley Systems, the infrastructure engineering software company, organised an exclusive Innovation Day at ITC Narmada, Ahmedabad. The event showcased the power of digital twins and digital delivery in transforming infrastructure projects across various industries.

The company hosted the day in the presence of important government bodies, design consultants, construction contractors and project management consultants, who explored the company’s industry-leading software solutions for the transportation, construction, energy, and water sectors.

Kamalakannan Thiruvadi, Regional ..