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India’s engineering goods exports up 54% in 9M of 2021-22
Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20.Read more
Tata Motors to set up vehicle scrapping facility in Maharashtra
Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more
WardWizard to invest Rs 500 cr in Gujarat for setting up EV ancillary cluster
WardWizard Innovations and Mobility Ltd – one of the leading manufacturers of electric two-wheelers brand ‘Joy e-bike’ has signed a Memorandum of Understanding (MOU) with the Gujarat government to invest Rs 500 crore. Read more
IMTMA, FE Dream collaborate for women-focused upskilling program in metalworking
The free training program - scheduled to be conducted from February 07, 2022 - March 31, 2022 - at the IMTMA Design Institute, Bengaluru, will focus on “Design and Manufacturing of Special Purpose Machineâ€ÂRead more
Machine tools industry gears up for a combined IMTEX in Jan 2022
Indian Machine Tool Manufacturers’ Association (IMTMA) is organising IMTEX 2022, IMTEX Forming 2022, Tooltech & Digital Manufacturing at the Bangalore International Exhibition Centre (BIEC) from January 20 - 26, 2022.Read more
Tata Motors inks MoU for setting up vehicle scrapping facility in Maharashtra
The proposed scrappage centre will have the capacity of recycling up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles.Read more
Numeric launches premium single-phase UPS Premius
Available in the range of 1-10 kVA, Premius is positioned to offer the Power of One advantage to the consumers, with design at the core, balancing aesthetics, technology with ease of use and performance.Read more
LVD’s CADMAN v8.7 adds powerful features and updates
The latest version of CADMAN is able to integrate foreign operations – defined as non-core and secondary operations, including tapping, deburring, and grinding.Read more
MSME Ministry launches SCLCS scheme for services sector for tech upgradation
The Special Credit Linked Capital Subsidy (SCLCS) scheme will help in meeting the technology related requirements of enterprises in the services sector and has a provision of 25% capital subsidy for procurement of plant & machinery and service equipment.Read more
LVD launches high-power laser machine and updated software suite
The powerful 20 kW Phoenix FL-3015 provides the ultimate level of laser cutting productivity and processes efficiently a wide range of ferrous and non-ferrous materials and material thicknesses up to 40 mm.Read more