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We opened a new office in Germany named ACE Micromatic International
Ace Micromatic Group is a global machine tool group offering a variety of solutions in turning, milling, grinding, IoT, 3D printing and smart manufacturing. Ace Designers Limited is the group company which deals into turning machines. T K Ramesh, Managing Director, Ace Designers Limited in this interview with Ayushi Khandelwal shares the trending drift in products as well as demand in the machine tool industry.Read more
Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth
Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more
KKR Acquires majority stake in pallet pooling platform LEAP India
The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more
New shuttle functions for product transport system
B&R Industrial Automation presents new shuttles for ACOPOStrak and ACOPOS 6D - Aseptic/Hygienic shuttles opening new market opportunities for machine builders.Read more
Siemens consortium to equip Mumbai Metro Line 2B with electrification technologies
Siemens will manufacture, install and commission rail electrification solutions and Supervisory Control and Data Acquisition (SCADA) systems, covering 20 stations and one depot.Read more
By Design Alpha acquisition, AREL gains expertise in industrial design
Electronic Systems Design and manufacturing company, Amara Raja Electronics Limited (AREL) sets a clear vision to become 1,000 crore company and increase export operations by FY 2028 tells Sajan Pulikottil David, Business Head, AREL in this interview. The company has recently invested in DFM Softech Solutions Pvt Ltd to expand its operations in electronics design landscape.Read more
Global T&M market is expected to grow at CAGR of 6.8% between 2021-27
WIKA is a global manufacturer of test and measurement devices. Highlighting the importance of T&M devices for the industry, Prashant Sinha, Head of Marketing, WIKA India says that measurement and analysis of different process parameters helps companies to make data-driven decisions. In this interview, he also sheds some light on latest products and trends in T&M industry.Read more
TE Connectivity ranks 8th among Fast Company’s Best Workplaces for Innovators
Developed in collaboration with Accenture, the Best Workplaces for Innovators celebrates company cultures that demonstrate an inspiring commitment to encourage and develop innovation at all levels.Read more
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