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China outspends US, Taiwan, and South Korea in chipmaking push
China's chipmaking capacity is projected to more than double over the next five to seven years, primarily focusing on mature production processes (28nm or above), used in sectors like automotive and household appliances.Read more
SC decrees banks must follow procedure before classifying MSME loans as NPAs
The ruling was based on the 2015 notification by the Ministry of MSME, which established a framework for the revival and rehabilitation of MSMEs.Read more
Clariant and OMV partner to reduce carbon footprint with ethylene distribution
Clariant will grow its bio-based ethylene oxide derivatives portfolio with renewable low-carbon footprint ethylene from OMV.Read more
Bharat Forge Class-8 truck orders in North America fall to 14-month low
The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more
India optimistic about AI era claims Bosch survey 2024
Contemplating whether AI is a boon or bane? As its significance grows, questions arise about its lasting impact on humankind. Bosch’s Tech Compass Survey sheds light on these queries, highlighting AI's global relevance and India's optimistic outlookRead more
Sustainability is relative, cannot be applied randomly to every industry
Arcraft Plasma Equipments designs and manufactures a diverse range of plasma cutting machines, welding automation equipments, metal cutting and hardfacing equipment with integrated automation. Prasad Marudkar, Director, Arcraft Plasma Equipments (India) Pvt Ltd in this interview expresses his concerns over sustainability, waste management and basis standards development in the country with respect to the growing industrial developments over the period of time. What emerging trends India has deveRead more
Danfoss, Google enter into a strategic partnership on AI and energy efficiency
Danfoss, the Danish multinational engineering group to leverage generative AI with Google to transform customer experience and streamline internal processes.Read more
Daftech Engineers' focus for 2024-25 will be Latin America
In this interview, Shaju Peter, Marketing Director, Daftech Engineers Pvt Ltd, highlights the importance of dissolved air flotation (DAF) clarifier in treating wastewater and green manufacturing. Read more
Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods
The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more
STUDER cylindrical grinding machines offers tried-and-tested benefits
That?s why Ingold Tools AG, a well-known precision manufacturer says that it relies on CNC cylindrical grinding machines from STUDER.Read more