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Festo’s patented VTEM is first digitalised pneumatics platform in the world

The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more

MOLDEX, FASTNEX to get launch at IMTEX Forming 2024

In a strategic partnership Indian Machine Tool Manufacturers’ Association (IMTMA) and Landesmesse Stuttgart signed an MoU to organise the Moulding Expo, MOLDEX India and fastening and fixing sector trade show, FASTNEX at IMTEX Forming in January 2024.Read more

Avaada Energy gets LoI for 400 MW DC Solar Project from GUVNL

The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under green shoe option at a tariff of Rs 2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Read more

Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components

The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more

Detroit Engineered Products launches updated version of MeshWorks 2023

This latest version of product has numerous enhancements and performance improvements, as well as novel features that open up many possibilities for engineering simulation in design and analysis.Read more

Research: 35% of the value of industrial robots comes from servo motors

Based on five years of research into the global industrial robot market, Components in Industrial Robots market report will be released in June 2023.Read more

EMAG is a go-to Solution Provider for Indian Manufacturing, says MD

The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more

Igus sets up a new facility at Bengaluru, plans to invest 100 crore

Igus India plans to open new 84,000 sq ft integrated campus in Bangalore, Karnataka in 2023 with a target to achieve 500 crore combined sales revenue by 2025-26. Company also rolls out global programme “Enjoyneering” in India, advocating fun with innovation.Read more

L&T ropes in Green Energy stalwarts to form Green Energy Council

Larsen & Toubro formed a Green Energy Council to Bolster L&T's Resolute Commitment to Carbon Neutrality by 2040 and in line with company’s commitment to play a meaningful role in building India’s green energy future.Read more

Bearing sector is experiencing an upsurge in demand

In this interview with Rakesh Rao, Sanjeev Taparia, Chief Sales & Marketing Officer, National Engineering Industries Ltd, elaborates on strategies to be adopted by NEI as the company aims to more than double its sales by 2025.Read more

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