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Rising material & oil prices are affecting machine tools industry

Mastercam creates software and services that solve the world’s manufacturing challenges. During an interview with IPF, Vineet Seth, Managing Director – South Asia & Middle East, Mastercam APAC, spoke thoroughly about the impact of declining auto sales & shift towards electric vehicles on the machine tools industry and the ways to mitigate it.Read more

Honeywell commissions lab for testing fire panels in Bengaluru

Laboratory in the APAC region will help enable 30 per cent savings in regulatory cycle time. Read more

Neelanjan Banerjee to head LANXESS’ global lubricant additives biz

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at LANXESS Corporation, USA, effective July 1, 2022 after a brief work-in periodRead more

Fastener makers hit by rising raw material prices

Raw materials account for about 60-70% of production cost in fastener industry. Post-Covid the prices of commodities are skyrocketing causing a concern among fastener manufacturers.Read more

Rossell Techsys delivers 15,000th wire harness for Boeing’s AH-64 Apache helicopter

The Aerospace and Defence (A&D) Division of Rossell India Limited has also delivered 500th shipment of electrical panel assemblies for Boeing’s AH-64 ApacheRead more

Tata Aerospace delivers first combat chopper fuselage to Boeing

Tata Boeing Aerospace Limited has delivered the first AH-64 Apache combat helicopter fuselage ahead of schedule from its state-of-the-art facility in Hyderabad. The fuselage was transported to Boeing’s AH-64 Apache manufacturing facility in Mesa, AZ, for integration into the final assembly line. This delivery comes within a year of the aerospace joint venture facility becoming operational.Read more

Geofencing market to grow at 27.5% CAGR to 2022

The global geofencing market size is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022 at a CAGR of 27.5% driven by the technological advancementsRead more

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