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We opened a new office in Germany named ACE Micromatic International
Ace Micromatic Group is a global machine tool group offering a variety of solutions in turning, milling, grinding, IoT, 3D printing and smart manufacturing. Ace Designers Limited is the group company which deals into turning machines. T K Ramesh, Managing Director, Ace Designers Limited in this interview with Ayushi Khandelwal shares the trending drift in products as well as demand in the machine tool industry.Read more
Indian robot maker Addverb partners Logsquare to expand in Middle East
The partnership will primarily focus on integrating Addverb’ Autonomous Mobile Robots (AMRs) portfolio along with software like Fleet Management System (FMS) into Logsquare’s total solutions for their customers.Read more
Why is demand rising for single-use plastics?
It’s easy to dismiss single-use plastics because of their carbon footprint, but the issue is more complex than it initially appears. Moving away from single-use plastics is possible but complicated, says Emily Newton.Read more
Apple Takes Strategic Steps to Enhance Local Component Manufacturing in India
Apple's strategic moves to bolster local manufacturing in India for market expansionRead more
Semiconductors sales slump strikes South Korea and Taiwan
Global demand for semiconductors has plummeted this year, hitting the heavily specialised manufacturing economies of South Korea and Taiwan particularly hard says Adrian Lloyd, CEO, Interact Analysis.Read more
Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt
The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more
Why was an E missed out from the ESG?
The Triple Bottom Line (TBL) accounting mentions three profits – economic profit, environmental profit and societal profit. In ESG, the economic profit has been ignored, and that’s taking the focus away from PE, says R Jayaraman.Read more
Maha govt, Tata Power to develop 2800 MW Pumped Hydro Storage Projects
With a proposed total investment of approximately Rs 13,000 crore, these projects will support country’s clean energy landscape. Projects to be located at Shirawata, Pune and Bhivpuri, Raigad.Read more
Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt
A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more
Synergy Steels takes a lead in quality and innovation in stainless steel
Synergy Steels exports have increased from Rs 61 crores in 2018-19 to Rs 480 crores in the current year. Read more