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Schaeffler India appoints Hardevi Vazirani as Director Finance & CFO

In this position, Vazirani will succeed Satish Patel, who is retiring from the company on February 12, 2024, after a career spanning three decades.Read more

Amara Raja Electronics acquires stake in Design Alpha

Amara Raja Electronics (AREL) has announced a strategic investment in Design Alpha (DFM Softech Solutions). The new entity will be named as Amara Raja Design Alpha (ARDAPL).Read more

Fybros organises beach cleanup in Chennai collected 800 kilos of waste

The objective of the Beach Cleanup Activity to safeguard marine ecology and had a profound psychological effect on the participants, sensitising them to the harmful effects of improper waste management and excessive use of plastic.Read more

Demand for drives is increasing with the rise in automation

Drives (such as variable frequency drives or servo drives) enable precise and efficient control of components - a key requirement in automation. An increase in automation could lead to a shift in the types of drives demanded, favouring more advanced and precise drive technologies, says A R Madhusudan, President, Drive Products, ABB India. In this interview with Rakesh Rao, Madhusudan highlights the importance of drives in achieving the industry's sustainability goals and the company's growth plaRead more

With Samputensili acquisition, EMAG offers new solutions for gear grinding

German-based EMAG, a foundry and machine tool company offers CNC metalworking machines from turning to grinding. Gururaj Patil, Managing Director, EMAG India in this interview shares about company’s operations in India with current market trends amongst Indian machine tools manufacturers.Read more

EAM to invest $650 mn to establish EV battery components facility in USA

Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more

BorgWarner to acquire Eldor’s Electric Hybrid Systems business for €75 million

The acquisition will complements and strengthens BorgWarner’s electric product portfolio. Eldor’s EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes.Read more

Research: 35% of the value of industrial robots comes from servo motors

Based on five years of research into the global industrial robot market, Components in Industrial Robots market report will be released in June 2023.Read more

Energy progress report: world lag effort in achieving sustainable energy goals

The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more

B&R, ABB showcase automated solutions at Interpack 2023

B&R and ABB together have showcased a comprehensive range of solutions for packaging automation at interpack 2023, highlighting how automation can help companies tackle the production and logistical challenges posed by omnichannel retailing.Read more

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