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Motherson enters into a partnership with Honda Motor

Company enters into an agreement to acquire 81 per cent stake in Yachiyo Industry, a Honda Motor subsidiary.Read more

Components in industrial robot market worth more than $ 18 bn by 2027

A report by Interact Analysis shows an increase in value of components in industrial robots market which was at $10.5 billion in 2021. Japan is currently the largest market for components in industrial robots, but China will catch up by 2027, says report.Read 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

Modern Automotive provides special steel engineering solutions to OEMs

Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more

BMT turret & tool holder system will drive the future of CNC Machines

Incorporated in 1996, Sphoorti Machine Tools has emerged as one of India’s leading manufacturer of Tool Discs and Tool Holders for any CNC turning and CNC turn mill centres. In this interview, R K Purohit, Managing Director, Sphoorti Machine Tools shares the present status of the company by briefing on the new product developments and industry scenario.Read more

Rapid growth sparks innovation and expansion in global battery manufacturing

The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more

Tesla agrees to set up vendor base and start EV assembly in India

The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more

Mobile robot components market worth $7.4 billion by 2027

A report by Interact Analysis shows Mobile robot component market growth fueled by demand for order fulfillment robots where US currently dominates the mobile robot component market, but China is set to become a strong rival.Read more

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

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