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Die Mould India 2022 to start from April 27 in Mumbai

The 2022 edition will highlight on the latest development in the field of tooling as companies are gearing up to showcase smart manufacturing solutions, newer tool geometries, the latest CNC machines, additive manufacturing solutions, integrated automation solutions, among others.Read more

3i EXPO Webinar: Industry 4.0 for Manufacturing Sustainably

The second panel discussion of 3i EXPO webinar series discussed ways to use Industry 4.0 and automation to reduce carbon footprint and achieve the Sustainable Development Goals.Read more

Indian Govt approves 75 auto component makers for incentives under PLI Scheme

Ninety two auto component manufacturers had applied for the scheme, which has sanctioned outlay of Rs 26,000 crores for the automotive sectorRead more

SCHUNK offers magnetic switches for gripping systems in explosive atmospheres

SCHUNK is now offering a freely programmable and universally applicable magnetic switch with ATEX certification for device group II, category 2 for monitoring gripping systems in potentially explosive areas.Read more

Schwing Stetter signs MoU with HPCL & Gulf Oil for lubricants

Schwing Stetter India, one of India’s largest manufacturers of concreting and construction equipment, has joined hands with Gulf Oil and HPCL to launch a range of genuine oils for construction equipment. Read more

Motherson and Valeo to jointly create auto interior of the future

Samvardhana Motherson Automotive Systems Group BV (SMRP BV), a Motherson company, and Valeo have signed a Memorandum of Understanding (MOU) which aims to create the automotive vehicle interior of the future through the integration of lighting systems with advanced surface finishes. Read more

Budget 2022 - Govt's Rs 7.5 lakh cr capex to augment machine tools demand: V Anbu

Budget 2022 is a booster shot for Indian manufacturing and ease of doing business, says V Anbu, Director General & CEO, IMTMA, who reflects on how the budget fares for the Indian machine tool industry.Read more

Balu Forge buys Mercedes Benz’s German precision machining unit

Balu Forge Industries Ltd (BFIL) - the Mumbai-based manufacturer of fully finished and semi-finished forged crankshafts and other forged components for automotive industry - has acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim (Germany). Read more

Geared motors market on a smooth ride

Machinery manufacturers are the main consumers of geared products. Conveyor manufacturers, who were the largest market for geared products in 2020, are expected to see strong growth in the coming years driven mainly by the logistics and factory automation sectors, says Shirly Zhu.Read more

Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth

Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more

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