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India’s new Foreign Trade Policy 2023 aims to take exports to $ 2 trn by 2030
Four pillars of FTP 2023 are incentive to remission, export promotion through collaboration, ease of doing business and emerging areas. India's overall export - including services and merchandise exports - is expected to cross $ 760 billion this year (FY23).Read more
New tech to mould the future of tooling
The tooling industry is considered to be the backbone of the manufacturing as every company requires tooling to conduct the production process of parts manufactured for assembling the machine. With many Indian firms serving global customers who demand high precision and fast turnaround, Indian toolmakers will have to adopt the latest technologies to meet those requirements.Read more
Teledyne FLIR launched enhanced detection & tracking software model Prism AI
Thermal imaging camera and sensor designer and producer, Teledyne FLIR launched new model of Prism AI which enables engineers to embed thermal automotive perception systems with advanced driver assistance systems (ADAS) and autonomous vehicle (AV) systems. It is trained and validated on more than 2.3M multi-spectrum annotations, and improves inference performance for perception development.Read more
Waterford Crystal realises significant energy savings with ELGi EG Series
The world-renowned luxury crystal glassware manufacturer from Waterford in Ireland selected the ELGi EG Series oil-lubricated screw air compressor to modernise its high-precision engraving operations.Read more
TekUncorked’s award-winning LVIoT Platform Module on display at Elecrama
Gurgaon-based company, TekUncorked displayed LVIoT, an award winning and first of its kind platform that forecasts and mitigates risks and threats to the electricity distribution network, at Elecrama 2023 in Greater Noida. Read more
Addverb aims to be a billion-dollar company in the next 5 years
In this interview with Rakesh Rao, Sangeet Kumar, Co-founder & CEO, Addverb Technologies, highlights changes taking place in the manufacturing sector and intralogistics operations, and Addverb is gearing up to tap emerging opportunitiesRead more
Avcon Controls aims to be among top 5 valve manufacturers
Fifty-four-year-old Avcon Controls has been producing automated valves for process control. In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls, sheds light on changes taking place in industries, use of AI and IoT in manufacturing and Avcon’s strategy to align with the government's goal to make India a $5 trillion economy.Read more
Decision-makers under pressure to enhance automation in EV manufacturing, Zebra study
Zebra Technologies Corporation conducted a survey named Automotive Ecosystem Vision Study which reveals preferences of customers, fleet managers and manufacturers, for upcoming automation of Electric Vehicles, in the industry. Hybrid EVs, sustainable choices, eco-friendliness are key priorities in their vehicle purchase and lease decisions.Read more
AI in manufacturing to be under spotlight at Hannover Messe 2023
The trade fare, Hannover Messe 2023 is happening from 17 to 21 April 2023 at Hanover fairground, Germany. This year’s theme of the event focuses on Artificial Intelligence, Industry 4.0, Carbon Neutral Products, and Hydrogen and Fuel cells. Read more
PM Modi inaugurates Asia’s largest aero show - Aero India 2023 at Bengaluru
Aero India 2023, five days event spanning from Febuary 13 to 17, is going to witness participation from 98 countries with 32 Defence Ministers and 73 CEOs of global and Indian OEMs showcasing their aerospace and defence capabilities.Read more