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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
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
Varroc Engineering order win for Rs 5,178 cr includes key seven EV customers
Varroc Engineering bags order for Rs 5,178 crore during FY23 out of which Rs 1,796.8 crore oreder is from EV manufacturers. Company’s consolidated revenue from continued operations was Rs 6,863.1 crore in FY 22-23, registering a growth of 17.4 per cent on YoY basis.Read more
Bosch Ltd appoints Guruprasad Mudlapur as MD
Sandeep Nelamangala has been appointed Joint Managing Director of Bosch Limited. Soumitra Bhattacharya to retire as President of the Bosch Group in India and from the Board of Management of Bosch LimitedRead more
Lokesh Machines sets up factory to make defence, aerospace components in Hyderabad
Machine tool manufacturer, Lokesh Machines is spending more than Rs 100 crore to build a greenfield facility at Hyderabad to manufacture firearms and its accessories.Read more
Roadmap for India’s transition to EVs
While there are many advantages for India to shift to electromobility, the transition is filled with challenges. In this article, Tia Bhatnagar shares in detail the challenges in EV adoption and also provides possible solutions for Indian EV transition.Read more
AMF’s zero-point clamping system in limelight at IMTEX
The Germany-based Andreas Maier GmbH & Co KG (AMF), also a leading global player in the fields of clamping, hand tools and locks highlighted its zero-point clamping system at IMTEX 2023.Read more
Shriram Pistons to acquire 75% stake in Takahata Precision India
This will mark Shriram Pistons & Rings Ltd's foray into the manufacturing of the precision injection moulded components.Read more
Schaeffler India appoints Sumithasri Eranti as Chairperson
Eranti has been an independent director of Schaeffler India Limited Board since 2020. With over 25 years of experience in business leadership, technology, consulting and financial services industry, Eranti brings a wealth of knowledge and experience to her new role. Read more
Godrej Tooling partners with Toyota for Innova Hycross
Godrej Tooling has supplied dies for the dash panel and main floor of the new Innova Hycross. Godrej Tooling has increased its investment by 10 per cent YoY on R&D towards a portfolio of tools and dies with a special focus on the EV industry.Read more