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L&T Construction wins power transmission projects in Indian and overseas market
L&T Construction bags order under Results-linked Distribution Sector Scheme (RDSS) in the western part of Rajasthan and Chennai in India. The PT&D business has also won an order to supply, construct, test, and commission a 132kV substation in the United Arab Emirates.Read more
AI startup, Cognecto raised Rs 4 Cr in a seed round led by Inflection Point Ventures
Indian company, Cognecto raised investment in the seed round by Inflection Point Ventures. It aims to uniquely combine IoT, AI-driven operational analytics, and managed services to unlock a new level of efficiency in Heavy Equipment. The startup was also named one of the most innovative startups by IIT Delhi in 2023.Read more
Vitesco Technologies’ plants offers intelligent and sustainable production
German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more
Global manufacturing growth to slow down, CAGR of 3% to 2027
A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more
51% of Indian manufacturers plans to adopt smart manufacturing by the next year
A recent study by industrial automation company, Rockwell Automation titled ‘8th Annual State of Smart Manufacturing Report’ reveals the impact of technology on the profitable growth of the global manufacturing sector. The report has intakes from 1,350 manufacturers across 13 leading manufacturing countries. Arvind Kakru, Director of Sales, Rockwell Automation India, in this interview tells how Indian manufactures, OEMs, SMEs/MSMEs etc can benefit from smart manufacturing in the coming future. Read more
Industry in upbeat mood at Hannover Messe 2023
At Hannover Messe 2023, mood was upbeat with more than 4,000 exhibitors presenting their solutions for a digital, connected, sustainable industry, and welcoming 130,000 visitors from around the globe. The next Hannover Messe will be hosted from April 22-26, 2024.Read more
IPF’s 3i EXPO webinar discusses shop floors of the future
Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of Shopfloor of the Future' as part of the 3i EXPO 2023 webinar series. The session discussed the changing shopfloor of manufacturing sector leading to change in operations and investments of the companies in the coming future.Read more
Pepperl+Fuchs promotes Manufacturing-X at Hannover Messe, 2023
The German company, Pepperl+Fuchs Group is presenting the next stage of Manufacturing-X, and implementation and utilisation of an Asset Administration Shell (AAS) at the trade fair Hannover Messe.Read more
Eaton launches Tech Day 2023 campaign showcasing cutting-edge technologies
The power management company Eston launches the campaign Tech Day 2023 under which will showcase Eaton's latest products from different business verticals—electrical, vehicle, and aerospace inside a trailer.Read more
General Motors honours Sundram Fasteners with Supplier of the Year award
Sundram Fasteners Limited (SFL) receives the recognition for the 10th time as ‘Supplier of the Year’ from General Motors (GM). SFL supplies key products to GM, including transmission shafts, radiator caps, pumps & assemblies and others. Read more