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Hyundai Motor signs term sheet for potential acquisition with General Motors
Hyundai Motor India Limited (HMIL) today signed a term sheet with General Motors India (GMI). Proposed acquisition covers identified assets at GMI, Talegaon Plant, Maharashtra. Read more
Production for new ZF automotive software, cubiX begins
German company, ZF Friedrichshafen started production of its automotive software, cubiX with intelligent networking of all chassis systems for optimally controlled longitudinal, lateral and vertical dynamics. Lotus Eletre electric SUV becomes the world's first production vehicle with the new ZF software.Read more
FLASH partners with Slovenia-based GEM motors strengthening global EV prowess
FLASH has collaborated with GEM motors, one of the leading European innovative companies specialised in developing high-tech electric motors for electric vehicles, to strengthen its electric vehicle (EV) competencies and portfolio.Read more
Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment
European MNC, Schneider Electric celebrates its 60 years in India. At Elecrama 2023, it showcased a wide range of energy management and next-gen automation solutions, reaffirms commitment towards Atmanirbhar Bharat and announced an investment of Rs 1400 crores to increase its manufacturing footprint by building five new factories.Read more
India shows promising figures, forecasts predict solid economic growth
German family-owned group of companies, Freudenberg is one of the leading international manufacturers of brand cleaning articles and systems, and laundry care products. Georg Graf, Regional Representative for Freudenberg in India says that world is looking at India as a preferred partner to work with. Sharing about company’s intend to invest in long-term projects in India, in this interview, he suggests a strategies and plans to operate into Indian market.Read more
Igus works with manufacturers to expand low cost automation
Low Cost Automation reduces the barriers to getting started with automation and assistance companies in increasing their competitiveness. To this end, motion plastics specialist igus has built up a broad network of 55 robotics providers and 40 integrators over the past three years - and new partners are constantly being added.Read more
Sona Comstar achieves 350 million gears’ production milestone
– Automotive technology solutions provider Sona BLW Precision Forgings Ltd. achieved global market share of differential gears to 7.2 per cent in 2022. It global supplier of driveline solutions for various types of vehicles and achieved its 350 million gears’ production milestone this year. Read more
Mac Marketing introduces Hyprostatik’s hydrostatic products in India
Mac Marketing Corporation offers various hydrostatic products from Hyprostatik GmbH, Germany such as PM Flow Controller for Hydrostatic screw drives, Hydrostatic spindle bearings, Hydraulic units, Hydrostatic guide shoes, Hydrostatic rotary tables, Hydrostatic tailstocks and Hydrostatic spindles.Read more
Soma Specialities is looking to double its revenues in 2-3 years
Soma Specialities, a pioneer in introducing mechanised floor cleaning and floor maintenance systems in India, has been into the business for more than four decades. In this interview, Samir Sabu, Director, Soma Specialities, shares USPs of the products and the company's strategy to grow 25-30 per cent annually.Read more