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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

54% of the companies have implemented AI for business: PwC India survey

Indian organisations are focusing on personalisation and customer-centric digital transformation solutions while global counterparts are inclined to innovation.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

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

IDC MarketScape names Siemens a Manufacturing Execution System Leader for 2023

Siemens is the only company to be named as a Leader across all 5 Manufacturing Execution Systems (MES) IDC MarketScape reports for 2023Read 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

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

Handling efficiently

In April 2023, manufacturing activity in India grew the fastest in four months of 2023, driven largely by growth in domestic consumption, and limited impact of rising raw material prices. Read more

Vedanta appoints 34-yr industry veteran for semiconductor business in India

Mike Young is appointed as Senior Vice President, Project Management Office and Manufacturing Operations for Vedanta-Foxconn Semiconductors Limited. Mike is the former CEO of SSMC and X-Fab Sarawak.Read more

L&T Technology Services, Critical Manufacturing to support Danfoss’ smart manufacturing journey

L&T Technology Services and Critical Manufacturing are coming together in a partnership to implement a comprehensive digital framework that harnesses cutting-edge technologies and next-gen capabilities.Read more

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