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Humans and robots collaborate in electronics industry

By applying the collaborative concept, efficiency in electronics production can be significantly increased.Read more

UK's Volex invests $ 13 mn in inYantra Technologies for majority stake

With this investment, EDMS company inYantra will add two new target verticals – electric vehicles (EVs) and medical electronics– in addition to its existing consumer, automotive and industrial segments.Read more

Adding value via additive manufacturing

Additive manufacturing (AM), or 3D printing, has gained momentum in India, especially after Covid 19 pandemic when most industries faced supply chain disruptions. 3D printing allows companies to break centralised manufacturing facility into smaller production hubs that can be set up closer to the market.Read more

Global MHE market to reach $ 156 bn by 2026

Demand for automated guided vehicles and automated conveyors are expected to particularly register strong gains through the forthcoming years, says Research and Markets report.Read more

Alstom in India to add 15% to its talent pool in 2022

The company heavily invests in nurturing and training talent across levels, from young graduates to engineering experts to senior leaders who are contributing to smart and sustainable mobility.Read more

Enerpac launches HMT 13000 Torque Wrench

Enerpac has launched Enerpac HMT 13000 Interchangeable Torque Wrench, which is an extension to the previously introduced HMT product line. Like the other models in the HMT series, the HMT 13000 offers the same advantages and low cost of ownershipRead more

Ashok Leyland launches India’s first 7 cubic meter ICV Tipper

New ecomet STAR 1415 Tipper supplements Ashok Leyland’s ICV Tipper range with earlier launched ecomet STAR 1015 Tipper (5 cubic meter) & 1215 Tipper (6 cubic meter).Read more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Budget 2022 allocates Rs 195 bn PLI incentive for solar module production

With focus on circular economy, Budget 2022 tables proposal to co-fire 5-7% biomass pellets in thermal power plants, with expected CO2 savings of 38 mmt. It also announced four pilot projects for coal gasification and conversion of coal into chemicals.Read more

Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22

According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more

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