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Modern Automotive provides special steel engineering solutions to OEMs

Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more

BMT turret & tool holder system will drive the future of CNC Machines

Incorporated in 1996, Sphoorti Machine Tools has emerged as one of India’s leading manufacturer of Tool Discs and Tool Holders for any CNC turning and CNC turn mill centres. In this interview, R K Purohit, Managing Director, Sphoorti Machine Tools shares the present status of the company by briefing on the new product developments and industry scenario.Read more

Rapid growth sparks innovation and expansion in global battery manufacturing

The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more

Tesla agrees to set up vendor base and start EV assembly in India

The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more

Mobile robot components market worth $7.4 billion by 2027

A report by Interact Analysis shows Mobile robot component market growth fueled by demand for order fulfillment robots where US currently dominates the mobile robot component market, but China is set to become a strong rival.Read more

Cobot market to see growth at 20% by 2023

A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more

Plexconnect 2023 foresees 380 international buyers from over 63 countries

The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.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

China’s XCMG mining equipment products includes AI controlled unmanned mines

XCMG Machinery, a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump truck, which will better support global mining operations and infrastructure construction projects.Read more

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more

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