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Booming in construction and auto sales driving dies and molds demand in India

Automation is increasingly being adopted in the die-casting process to enhance efficiency and reduce production costs, according to the Technavio report.Read more

Tata Elxsi and National Aerospace Laboratories ink Mou for advanced air mobility

Tata Elxsi and CSIR-NAL will jointly focus on technologies such as aerodynamic design, autonomous systems, and secure communications to address the unique needs of both manned and unmanned air mobility systems.Read more

Altair India sign MoU with CAAR to advance automotive sector

CAAR provides world-class technologies and facilities to the automotive industry, advises on policy, and develops human capital. Read more

Karnataka signs MoU with Krones for manufacturing facility

Krones highlighted Karnataka’s strategic advantages, including robust infrastructure and a pro-business environment, as key factors aligning with the company’s long-term growth strategy.Read more

Variations in the industrial robot market

The Indian manufacturing industry continues to experience strong growth in 2024, spurred on by government investments in infrastructure. Industrial robots are rapidly gaining traction in India, says Samantha Mou, Reasearch Analyst, Interact Analysis. Read more

Delta and ThunderPlus sign MoU for low voltage 2W and 3W EVs fast chargers

The chargers, developed with Delta’s advanced 4kW rectifier modules featuring energy efficiency up to 93%, are customisable and designed to meet India’s diverse requirements, making them a game-changer for the local EV market.Read more

DPIIT and Moglix ink MoU to launch manufacturing incubation initiative

The program will support over 25 growth phase startups in industries such as chemicals, automotive, infrastructure, and green energy.Read more

Engel Group and EPM to strengthen local production

EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injection moulding machines tailored to the specific needs of the Indian market.Read more

Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business

The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more

Tata Power signs MoU with ADB for $4.25 billion to finance clean energy projects

The total estimated project cost is approximately $4.25 billion. Read more

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