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Festo continues on course for growth and innovation
The Festo Group achieved double-digit growth for another year in a row with a rise in sales by 13.4 per cent to €3.81 billion in 2022 (previous year €3.36 billion). Innovative automation is the enabler for the industrial transformation towards renewable energies, sustainable production, hydrogen and circular economy.Read more
Addverb Technologies reinforces its global position as pioneers in human-robot collaboration
Addverb, a leading robotic company from India is rebranding its logo and coming out with a new identity. The new branding builds on the company’s ability to deliver innovative automation solutions using human-robot collaboration.Read more
Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
Valeo presents its immersive technologies at Laval Virtual
Laval Virtual, the virtual reality and augmented reality exhibition is happening from April 12 to 16 in France. The technology company, Valeo is participating in the event for the first time to showcase its innovations for accelerating the design of solutions and for in-vehicle applications.Read more
Mahindra Research Valley at the forefront of automotive technology
Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more
L&T Energy Hydrocarbon bags orders under business vertical AdVENT
The Hydrocarbon Business, L&T Energy Hydrocarbon of Larsen & Toubro (L&T) has secured an order under its AdVENT unit to develop a Technical Ammonium Nitrate (TAN) plant and Weak Nitric Acid (WNA) plant in Kota, Rajasthan.Read more
Why India is the next big thing in manufacturing
With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more
IPF presents 3i EXPO and Factories of the Future conference
With India gearing up to be the production hub of the world, the country will have to opt for advanced manufacturing technologies to increase its competitiveness. To make manufacturers future-ready, Industrial Products Finder (IPF) will host 3i EXPO and "Factories of the Future” conference to bring all the key stakeholders of the industry under one roof and initiate the dialogues on the advancements in manufacturing.Read more
Schmersal showcases new developments for safety and automation
The machine safety products expert, Schmersal will be attending the Hannover Messe to present its latest innovations. The company has put the focus this year on automation and safety solutions for intralogistics as well as for packaging and food processing machines.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