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Cobot market to see growth at 20% by 2023
A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more
Trane Technologies outlines transition plan to achieve net-zero targets by 2050
Trane Technologies revealed latest ESG report which debuts net-zero roadmap and highlights significant progress on its 2030.Read more
Godawari Electric Motors receives ICAT certification for its Li-ion battery
Li-Ion battery used in the e-auto and e-loader of Godawari Electric Motors accomplished AIS 156 authorisation under Amendment-III Phase-II from the International Centre for Automotive Technology (ICAT).Read more
Celeros FT to sell its Filtration business unit to London’s Px3 Partners
Celeros Flow Technology under an agreement has announced to sell its Filteration business unit to private equity firm of London Px3 Partners. BofA Securities is serving as financial advisor, Ernst & Young is serving as tax advisor to Celeros FT.Read more
EMO Hannover 2023: Megatrends supporting manufacturers in global competition
Leading firms will present their latest solutions at EMO Hannover 2023. The event will offer companies an unique globally opportunity to put themselves far ahead of the competition, says Dag Heidecker.Read more
Thyssenkrupp inaugurates a new state-of-the-art office in Pune
Thyssenkrupp, an internationally operating group of companies opens a technology center in Hinjewadi, Pune that will act as an innovation hub for thyssenkrupp to deliver digital excellence to its group companies globally.Read more
ABB’s new facility for energy efficient drives has over 50% women technicians
ABB India, the technology leader in electrification and automation opened an enhanced facility strengthens local manufacturing to meet domestic and global demands for variable speed drives which can typically reduce power consumption by up to 25 per cent.Read more
Tata Technologies signs MoU with TiHAN-IIT Hyderabad for SDVs, ADAS systems
Tata Technologies has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS).Read more
Annual ARC Industry Forum Asia is driving sustainability, energy transition
The Annual ARC Industry Forum Asia is organised by ARC Advisory Group in two forums this year. The event will take place in Tokyo, Japan on June 20 and Bangalore, India on July 12 to 13. Industrial Product Finder will be one of the media sponsor at the event. Read more
Bobba Group opens tech-enabled warehouse on Bellary Road, Bengaluru
Bobba Group inaugurated its new 75,000 square foot tech enabled warehouse facility located at Sonnappanahalli, Bellary Road, Bengaluru. The warehouse also houses a cold zone with a 452-pallet capacity, 8 docking stations and remote monitoring system.Read more