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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

Autodesk signs MoU with IIT Bombay to strengthen India’s manufacturing workforce

Currently, about 5 million students in over 14,500 schools across India use Autodesk software to build skills relevant to the future workforce. Read more

Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more

Innovative technologies in motion control attract new entrants to the market

Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, Japan and Europe. There has been rapid expansion of the supplier base for linear smart conveyance systems, particularly in the Asia Pacific region, comments, Samantha Mou, Research Analyst, Interact Analysis.Read more

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