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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
Schaeffler elevates Vijay Chaudhury as Director of Communications & Marketing for Asia Pacific region
German manufacturer of rolling element bearings, Schaeffler has appointed Vijay Chaudhury as Director of Communications & Marketing – Asia Pacific. Chaudhury was previously serving Head of Communications and Marketing for India, and Head of Press and Media Relations – Asia Pacific positions in the company.Read more
Schaeffler appoints Alfred Lee as President Industrial Asia Pacific
The role will see Alfred spearhead the company’s growth across various industrial sectors in the Asia Pacific region, including two-wheelers, off-road, rail, aerospace, raw materials, industrial automation, power transmission, and wind.Read more
OMRON launches UVC disinfection robot to fight infectious diseases
With rise in importance of sanitisation and disinfection in the post COVID 19 era, UVC disinfection robot - co-created with Techmetics Robotics - will give organisations less labour-intensive and long-term solutions to ensure their premises are safe and germ-freeRead more
Axalta Coating is looking to build capacity in India: Charles Shaver
Interview of Charles Shaver, Chairman & CEO, Axalta Coating Systems, on the company's new coatings facility in India and the country's potential...Read more
Container handling equipment market worth 8.75 billion USD by 2025
The increasing containerised trade across the world, stringent emission regulations for container handling equipment, and strong demand in Asia Pacific and the Middle East would fuel the demand for container handling equipment.Read more
Grundfos appoints new head for Asia Pacific region
Grundfos has announced the appointment of Kim Jensen to the role of Group Senior Vice President and Regional Managing Director of Grundfos Asia Pacific region with effect from January 1st 2018. In his new role, Kim will lead the company’s business across 22 countries including 13 wholly-owned sales companies and local assembly plants Grundfos operates in the region.Read more
Unity Technologies and Tata Elxsi launch centre of excellence
Unity Technologies, creator of the flexible, high-performance end-to-end development platform used to create real-time interactive 2D, 3D, VR and AR experiences, announced a collaboration with Tata Elxsi to launch a Centre of Excellence (CoE).Read more