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ACC batteries’ demand to grow at a CAGR of 50%, says CII report

Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more

Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more

Japan's Marubeni Eyes High-Tech Industrial Park in Karnataka

The ambitious project stands at Rs 28 billion of investmentRead more

Energy progress report: world lag effort in achieving sustainable energy goals

The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more

Altair named overall leader in latest ABI research report

Altair, a computational science and artificial intelligence (AI) company, hailed as top innovator in the manufacturing data analytics sector in a latest report by global technology intelligence firm ABI Research.Read more

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more

51% of Indian manufacturers plans to adopt smart manufacturing by the next year

A recent study by industrial automation company, Rockwell Automation titled ‘8th Annual State of Smart Manufacturing Report’ reveals the impact of technology on the profitable growth of the global manufacturing sector. The report has intakes from 1,350 manufacturers across 13 leading manufacturing countries. Arvind Kakru, Director of Sales, Rockwell Automation India, in this interview tells how Indian manufactures, OEMs, SMEs/MSMEs etc can benefit from smart manufacturing in the coming future. Read more

Factories of the Future

According to the recently released “State of Smart Manufacturing” report by Rockwell Automation, India has the highest number of manufacturing organisations investing in technology. The study surveyed more than 1,350 manufacturers across 13 leading manufacturing countries including India, China, Germany, Japan, the US, and the UK.Read more

The Indian tooling industry is in a high growth phase

In this interview, Devaraya Sheregar, President, Tool & Gauge Manufacturers Association of India (TAGMA India) & MD, Devu Tools Pvt Ltd, highlights new opportunities for Indian toolmakers in automotive industry along with emerging sectors and future prospects.Read more

8.56 bn cubic meters of wastewater needs to be treated yearly to meet UN goals, says ABB report

To reach UN water targets by 2030, global wastewater treatment capacity needs to increase by 8.56 billion cubic meters each year with additional investment in 469 wastewater treatment facilities, reveals ABB’s Energy Transition Equation for Wastewater.Read more

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