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TE Connectivity ranks 8th among Fast Company’s Best Workplaces for Innovators
Developed in collaboration with Accenture, the Best Workplaces for Innovators celebrates company cultures that demonstrate an inspiring commitment to encourage and develop innovation at all levels.Read more
Schaeffler India appoints Hardevi Vazirani as Director Finance & CFO
In this position, Vazirani will succeed Satish Patel, who is retiring from the company on February 12, 2024, after a career spanning three decades.Read more
Amara Raja Electronics acquires stake in Design Alpha
Amara Raja Electronics (AREL) has announced a strategic investment in Design Alpha (DFM Softech Solutions). The new entity will be named as Amara Raja Design Alpha (ARDAPL).Read more
Fybros organises beach cleanup in Chennai collected 800 kilos of waste
The objective of the Beach Cleanup Activity to safeguard marine ecology and had a profound psychological effect on the participants, sensitising them to the harmful effects of improper waste management and excessive use of plastic.Read more
Demand for drives is increasing with the rise in automation
Drives (such as variable frequency drives or servo drives) enable precise and efficient control of components - a key requirement in automation. An increase in automation could lead to a shift in the types of drives demanded, favouring more advanced and precise drive technologies, says A R Madhusudan, President, Drive Products, ABB India. In this interview with Rakesh Rao, Madhusudan highlights the importance of drives in achieving the industry's sustainability goals and the company's growth plaRead more
With Samputensili acquisition, EMAG offers new solutions for gear grinding
German-based EMAG, a foundry and machine tool company offers CNC metalworking machines from turning to grinding. Gururaj Patil, Managing Director, EMAG India in this interview shares about company’s operations in India with current market trends amongst Indian machine tools manufacturers.Read more
EAM to invest $650 mn to establish EV battery components facility in USA
Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more
BorgWarner to acquire Eldor’s Electric Hybrid Systems business for €75 million
The acquisition will complements and strengthens BorgWarner’s electric product portfolio. Eldor’s EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes.Read more
Research: 35% of the value of industrial robots comes from servo motors
Based on five years of research into the global industrial robot market, Components in Industrial Robots market report will be released in June 2023.Read more
Energy progress report: world lag effort in achieving sustainable energy goals
The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more