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India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
Automated packaging lines drive sustainability goals forward
Packaging is a common source of waste and inefficiency, so improving these processes can have far-reaching benefits. Embracing automation in these areas can help manufacturers become more sustainable faster and more effective, writes Emily Newton.Read more
Igus develops the world's first driven e-chain system for long travels
Almost no limits on long travels, high dynamics, long running times - these are the characteristics that distinguish the innovative igus drive-chain. Read more
Mitsubishi Electric to set up new factory for automation products
The new factory in Pune - built with an investment of Rs 220 crore - will manufacture Variable Frequency Drives and Factory Automation control system products.Read more
Top six tips to reduce energy consumption in industries
Without an effective power management system, businesses can easily open themselves up to safety hazards, equipment failure or high operating costs. Emily Newton offers practical tips for companies to reduce energy consumption, and to cut operating costs and their carbon footprint.Read more
Six best practices in energy management
The right practices can help any business reduce the energy consumption of key industrial assets. Emily Newton offers six best practices in energy management that can help companies' cut operating costs and their carbon footprint.Read more
Mitsubishi Electric to invest Rs 220 cr to set up new factory in Pune
The new factory automation systems facility in Talegaon (near Pune, Maharashtra) will manufacture Variable Frequency Drives (VFD) and Factory Automation (FA) control system products.Read more
New drive for electric mobility: The 4in1 electric axle from Schaeffler
Schaeffler manufactures components for electric axles at several locations worldwide.Read more
Siemens Ltd to sell Large Drives Applications business for Rs 4400 mn
The Large Drives Applications business contributed 3.4% to total revenue from operations and 2% of profit from operations of Siemens Ltd for the year ended September 30, 2021Read more