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Yanmar starts production at new industrial engine plant in India
Yanmar Engine Manufacturing India Pvt Ltd (YEMI) - a part of Japanese firm Yanmar - has commenced production at its new state of the art industrial engine manufacturing plant located at the Origins Industrial Estate in Tamil Nadu.Read more
India records 54% jump in engineering goods exports in 9M 2021-22
Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more
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
Budget 2022 - ACMA: Ensure uniform 18% GST on all auto components
Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industryRead more
SCHUNK AGE-W combines rotational and angular compensation
Caption for Image - The SCHUNK AGE-W combines rotational and angular compensation. Read more
Steelbird International participates in Dubai Automechanika 2021
The global automotive aftermarket industry is expected to grow to $ 529.25 billion by 2028 and such events help in expanding the market through newer networks, innovative launches and renewed partnershipsRead more
Schaeffler to invest Rs 300 cr for transmission components facility in TN
New facility will expand the production footprint in Hosur for transmission components and systemsRead more
Igus presents the world's lightest cobot weighing only 10 kg!
Together with low costs, low maintenance and simple operation, the ReBeL makes new innovative ideas in service robotics feasible for smaller companies and start-ups - from installed use on agricultural drones up to mobile support as household help.Read more
Alstom opens components manufacturing facility in Coimbatore
With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more