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Bearings are Spinning India Forward: Sanskriti Ramachandran

Bearings may be small, but they play a critical role in keeping India’s industries running smoothly. With rising demand from sectors like automotive, infrastructure, and energy, the bearings market is expanding rapidly. Backed by government policies and local manufacturing, India is gaining strength, says Sanskriti Ramachandran.Read more

Nord Drivesystems celebrates 60 years

Today, Nord serves the international market with 48 of its own subsidiaries in 36 countries and further sales partners in more than 50 countries. Read more

Top 30 manufacturers account for 84% of global geared motors market

Industrial reducers and gearmotors have formed a stagnant market landscape after a long period of development. Interact Analysis’ report found that the global sales rankings of the top 30 manufacturers remained relatively stable between 2023 and 2024, says Shirley Zhu, Prinicpal Analyst, Interact Analysis.Read more

GTRI warns of India becoming an 'EV colony' for China

GTRI urged the government not to rush into providing significant incentives, warning that doing so could increase India's reliance on Chinese imports. Read more

India targets key sectors to reduce import dependence under IPEF

The sectors under scrutiny include chemicals, automobiles, pharmaceuticals, advanced technology, electronics, and critical minerals, all deemed vital for national security and economic resilience.Read more

Go Zero Lubrication: Igus’ clean revolution with lubrication-free plastics

With $990 billion spent on lubrication per year worldwide, igus, at Hannover Messe 2024, demonstrated who can do without lubricants immediately and the role AI plays.Read more

Global geared products market anticipates slowdown; India to prop up revenue

Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more

Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration

In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more

Skanda Aerospace launches cutting-edge aerospace gear facility in Hyderabad

This collaborative venture, involving Hyderabad-based aerospace and defence component manufacturer Raghu Vamsi Machine Tools and the US Company Rave Gears, has invested Rs 75 crore in its initial phase.Read more

Tamil Nadu gears up for Global Investors Meet 2024, focuses innovation, job creation

Global Investors Meet (GIM) scheduled to take place in Chennai in January 2024. In November 2022, the Tamil Nadu Smart and Advanced Manufacturing (TANSAM) was inaugurated, established by TIDCO in partnership with Siemens. Read more

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