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"We can grow 10X in the next 3 years"
Koremec Group comprises of Autosys Engineering, Autosys Control Systems, Autosys Products and Kore Mechatronics. The group does turn-key industrial automation projects. Over three decades, the core team has executed more than 500 projects - from material handling and conveying systems (mechanical intensive) to water and waste water projects (instrumentation intensive), from large scale 5000+ IOs PLC systems to robotics, IoT and cloud based software projects. Koremec has one of the most experiencRead more
Amara Raja arm Mangal Industries aims for Rs 2,800-cr turnover by 2025
With aggressive growth plans, Mangal Industries will increase focus on the export market and also work towards entering new segments of aerospace, defence and medical equipments.Read more
SCHUNK offers MTB application kits for a quick start in automation
With the new MTB application kits, SCHUNK provides a convenient start into partial automation with cobots.Read more
India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
Unbox Robotics unveils vertical robotics sortation solution UnboxSort
UnboxSort helps e-commerce and express logistics businesses multiply their sortation throughputs with 2X space utilisation through plug-and-play roboticsRead more
Leuze offers IO-Link via modular principle
The new IO-Link function modules from Leuze simplify the integration of device data into PLC programs. This saves the users time and enables error-free installation.Read more
Godrej Körber Supply Chain targets 18% growth in the next 5 years
The JV - between Godrej & Boyce and Germany-based Körber Supply Chain – is focussing on bulk handling in the automation industry for leading private players as well as public-private partnership projects.Read more
Forging and component units to see 60% decline due to EV push: AIFI
While petrol/diesel run internal combustion engine (ICE) in automobiles contain around 2,000 moving parts, electric vehicles have only 20. Thus, rising in EV consumption will have negative impact on component & forging industries.Read more
Tata Power to train people for green energy jobs
Tata Power Skill Development Institute (TPSDI) is expanding its training initiatives to equip youth with skills for green energy jobs.Read more
TDK unveils TMR angle-sensor for safety applications
TDK Corporation (TSE:6762) expands its tunnel magneto-resistance (TMR) angle sensor portfolio with the launch of the TAS4240 TMR-based angle-sensor for automotive and industrial applications.Read more