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EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV
EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more
The Emergence of Industry 5.0
While many businesses are still in the process of incorporating the concepts of Industry 4.0, Industry 5.0 - which operates basically on strategies of human centric approach, improved resilience and focussed sustainability - is only catalysing the advances with more traction towards achieving the goals.Read more
OPC UA: The language of Industry 4.0
Industry 4.0, which links the IT (Information Technology) and automation systems, requires many machines and devices to communicate with each other for seamless operation. OPC UA, an information architecture designed to enable interoperability between industrial components, is considered to be a perfect tool for building interoperable Industry 4.0 systems, says Rakesh Rao. Read more
Vizhinjam Port to lessen time and costs by 40% for Indian manufacturers
The port, equipped with advanced facilities, including automated operations and modern infrastructure, aims to efficiently handle large ships. Read more
Tata Motors and NVS’ ‘Automotive Skill Labs’ train over 4000 students annually
Till date, 25 labs, fully equipped with essential tools, have been set up across select JNVs in Maharashtra, Karnataka, Gujarat, Jharkhand, West Bengal, Uttar Pradesh, and Uttarakhand.Read more
Govt expected to relax 45-day payment rule for MSMEs in upcoming Budget
MSMEs have raised concerns that this provision could lead large buyers to avoid MSME suppliers, opting instead for non-MSMEs or those not registered with Udyam. Read more
Waaree Renewable wins EPC contract for 412.5 MWp solar project in Rajasthan
Waaree Renewable Technologies Limited will provide comprehensive services, including design engineering, procurement, construction, and commissioning of the project. Read more
MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more
India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Indian Army unveils first chip-based, made-in-India 4G base station by Signaltron
The majority of the base stations deployed in India are not made in India.Read more