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Decision-makers under pressure to enhance automation in EV manufacturing, Zebra study
Zebra Technologies Corporation conducted a survey named Automotive Ecosystem Vision Study which reveals preferences of customers, fleet managers and manufacturers, for upcoming automation of Electric Vehicles, in the industry. Hybrid EVs, sustainable choices, eco-friendliness are key priorities in their vehicle purchase and lease decisions.Read more
IMTEX 2023 inaugurated at Bengaluru on January 19
MD, Volvo India Group and Chairman, SKF inaugurated 20th edition of IMTEX 2023 on January 19. With concurrent shows Tooltech 2023 and Digital Manufacturing 2023, Germany, Korea, Spain, Taiwan, and USA will have country pavilions at BIECRead more
Machine tools industry's mega show IMTEX 2023 kick starts today
With more than 960 exhibitions from 23 countries, IMTEX 2023 is all set to commence from January 19 in Bengaluru. Alongside, IMTMA organises Tooltech 2023 and Digital Manufacturing 2023 at the venueRead more
Intelligent actuators provide flow control at Korean chemical plant
Over a 100 multi-turn and part-turn intelligent electric actuators have been installed at a new petrochemical site in Daesan, South Korea. The IQ actuators - supplied by Rotork - will provide flow control at the plant which produces ethylene, polyethylene and propylene.Read more
Hilco Global buys ThyssenKrupp Steel’s plant in Germany
Amsterdam-based Hilco Industrial Acquisitions, BV, an operating company of US-based Hilco Global, has acquired all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com.Read more
Omega Seiki Mobility forms JV with Korea’s Jae Sung Tech for EV powertrains
The all-electric Ra314 powertrain will be manufactured by Omega Seiki Mobility at its facility in Faridabad and in Pune at its group company, Omega Bright Steel and Components’ facilityRead more
Samsung expands Vietnam factory to increase foldables production
Samsung plans to begin the expansion soon, with full operation expected by the end of 2021 or early 2022. It would increase Samsung’s annual foldable production capacity by 47%, from 17mn to 25mn.Read more
India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Sandhar Technologies forms JV with Korea’s Hanshin Corp for data cables in auto
JV will manufacture futuristic high end data cables for auto industry in India for the four-wheeler segmentRead more
Kixx bags Korea First Brand Awards; appoints Shikhar Dhawan as brand ambassador
As part of a strategic move and to make brand a household name in the premium lubricants’ category in India, GS Caltex India has recently signed Shikhar Dhawan, as their brand ambassador.Read more
