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Manufacturing 2020: A smart fusion of digital & industrial world
Industry 4.0 can be considered as a ‘Fusion of online world and the world of industrial production’. By adopting Industry 4.0, Niteen Inamdar believes that India can acheive operational excellence and become a global manufacturing powerhouse by 2020.Read more
Manufacturing for Industry 4.0
At 27%, India stands slightly behind the global average of 33% in terms of level of digitisation encapsulated within its economy. Vijay Wadhwan believes that India has the potential to become the digital factory of the world by being at the forefront of change and adoption of the global digital revolution. Read more
Beckhoff to showcase its PC-based control technology at Achema 2018
At Achema 2018, leading trade show for the process industries (June 11-15, Frankfurt, Germany), Beckhoff will present its open PC-based control technology for all vertical process industry markets.Read more
Industry 4.0 model could be achieved in a series of steps: Siemens report
A new research paper released by Siemens Financial Services (SFS) titled 'Practical Pathways to Industry 4.0' has identified six key challenges facing manufacturers in the process of moving to an Industry 4.0 model. The research paper also found that digital skills and access to finance for digital transformation are the top two challenges to a successful transition.Read more
Awareness of standard parts among small toolmakers is increasing
The Germany-based FIBRO GmbH is one of the leading global players in the fields of standard parts and rotary tables. According to Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt Ltd, the demand for die & mould is on the high as OEMs look to increase the local contents in the final product.Read more
Hannover Messe: Taking Industry 4.0 to the next level
With ‘Integrated industry – Connect & collaborate’ as the theme this year, the trade show will highlight how connectivity in industry facilitates completely new forms of business, work and collaboration. Curtains will be raised for this year’s Hannover Messe, one of the world’s leading trade shows for industrial technology, on April 23, 2018. To be held from April 23-27 with the theme of ‘Integrated industry - Connect & collaborate’, the trade fairRead more
Indian manufacturers need to adopt Industry 4.0
India is well poised to become the world’s fifth largest manufacturer by 2020, says P L Muthusekkar, Managing Director, NORD Drivesystems Pvt Ltd - a leader in drive technology. But to reach there, Indian manufacturers will have to adopt new technologies and ensure manufacturing processes are smarter.Read more
New research highlights implementing an Industry 4.0 model could be achieved in a series of steps
A new research paper released by Siemens Financial Services (SFS) titled 'Practical Pathways to Industry 4.0' has identified six key challenges facing manufacturers in the process of moving to an Industry 4.0 model.Read more
MTU Yuchai Power celebrates production of the first MTU Series 4000 engine
MTU Yuchai Power, a joint venture set up between Rolls-Royce Power Systems and the Chinese diesel engine manufacturer Guangxi Yuchai Machinery Company, is preparing for the start of series production of MTU Series 4000 engines.Read more
Factories of the future in India: Connected, smart, and collaborative
Gartner Inc forecasts that 20.4 billion connected things will be in use worldwide by 2020, up by whopping 143% from 2017. Read more