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Industrial growth drives hydraulics demand

Being a reliable option for various industrial applications, hydraulic equipment or components are witnessing robust demand due to the rise in industrialisation in developing countries, says a Straits Research report.Read more

IIT-Madras teams up with Starburst Accelerator SARL for Startup Hub

This partnership will enable export promotion and provide support for Indian ASD startups to explore international markets through the extensive network of the french firmRead more

Jindal Stainless and IIT-Kharagpur collaborate to work on metallurgical projects

The collaboration will work together on metallurgical projects, such as process optimisation, materials characterisation, and primary alloy productionRead more

Danfoss plans Rs 500 Crore Investment in India for localization, expansion

The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more

Tarak Mehta to leave ABB after 26 years of service

Tarak joined ABB in 1998 and has since then held a number of positions of increasing responsibility in the United States, Sweden and Switzerland. He will leave ABB at the end of July this yearRead more

Taurus and Jindal Defence JV starts small Arms Pilot production

Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more

Suzuki Motors starts manufacturing of Flying ‘Skycar’ in Japan

The Skycar, offering a 15-minute flight time covering approximately 15 kilometres, accommodates two passengers and operates using 12 motors and rotors, achieving a top cruising speed of 100 kmphRead more

Jury nominates three companies for the HERMES AWARD 2024

An independent jury comprising top-class experts from political and business communities, academia and society in general, chaired by Prof. Dr.-Ing. Holger Hanselka, President of the Fraunhofer Society, nominated three companies selected from the numerous submissions for the HERMES AWARD 2024Read more

TRUMPF cooperates with the High Performance Computing Center Stuttgar

The aim of the agreement is to provide TRUMPF employees with the extensive computing capacities of the HLRS. The technology company wants to use it to develop AI models and virtually recreate prototypesRead more

GLIDA and Statiq join hands to revamp India's EV charging

This seminal collaboration aims to redefine the landscape of EV charging infrastructure across India, promising enhanced convenience, accessibility, and empowerment for Passenger Electric Vehicle (PEV) users nationwideRead more

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