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Boards agrees to sale Siemens’s motor business to Siemens AG subsidiary
Siemens’s Board of Directors approves sale of low voltage motors and geared motors business to a subsidiary of Siemens AG for Rs 2,200 crore. This transaction consequent to intent of Siemens AG to carve out Innomotics business into a legally separate company.Read more
Valeo celebrates a million ultrasonic sensors production at Sanand, Gujarat
Valeo groups manufactures automated driver assistance systems (ADAS). Recently declaring a milestone at the business, company announced the production of one million units of ultrasonic sensors at the Sanand, Gujarat facility.Read more
ABB’s new facility for energy efficient drives has over 50% women technicians
ABB India, the technology leader in electrification and automation opened an enhanced facility strengthens local manufacturing to meet domestic and global demands for variable speed drives which can typically reduce power consumption by up to 25 per cent.Read more
Tata Technologies signs MoU with TiHAN-IIT Hyderabad for SDVs, ADAS systems
Tata Technologies has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS).Read more
Ultra-low voltage drives market to grow to $3.1 billion by 2027
Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more
Vitesco Technologies’ plants offers intelligent and sustainable production
German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more
Elgi Introduces advanced compressed air solutions at Hannover Messe 2023
Elgi, the air compressor manufacturers showcases its updated product portfolio at Hannover Messe in Germany. The company reiterates commitment to providing customers with compressed air at low life cycle costs.Read more
Food processing labour shortages drive packaging automation
The food processing labour shortage remains on the minds of many decision-makers. Automation can relieve some associated burdens, says Emily Newton.Read more
Fuji Electric wants to provide made-in-India products with Japanese technology
Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more
Mobile robots to drive demand for precision gearboxes
The markets for precision gearboxes and motion control systems are closely related. The market for planetary precision gearboxes is forecast to expand significantly, driven by high levels of demand within the mobile robots segment, says Alexander Jones.Read more