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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
Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
Factories of the Future
According to the recently released “State of Smart Manufacturing” report by Rockwell Automation, India has the highest number of manufacturing organisations investing in technology. The study surveyed more than 1,350 manufacturers across 13 leading manufacturing countries including India, China, Germany, Japan, the US, and the UK.Read more
Dürr and iTAC together develops modular MOM system to bundle digital factory functions
The Dürr Group comes together with its subsidiary iTAC Software to presents a complete, single source solution for production planning and control at the Hannover Messe trade fair at their booth. The Modular MOM system bundles all functional areas of the digital factory together.Read more