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Despite slowdown, global manufacturing industry grew 3.8% in 2022
According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.Read more
Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23
The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more
India require collaborative efforts to fight climate crisis
India’s power demand soared to more than 210,000 megawatts, and is largely contributed to heat waves across the country. Businesses, governments, and citizens must collaborate to find solutions for climate crisis, concerns Kishor Patil.Read more
Schneider Electric urges companies to invest in sustainable technologies
Most companies planning to spend less than 2 per cent of their revenues on sustainable initiatives and decarbonisation, revealed a report by Schneider Electric. The issue also formed a backdrop for discussion at Word Economic Forum’s annual meeting.Read more
Cost-effective labelling robot wins the 2022 igus ROIBOT Award
An amortisation period of 16 to 24 months and a zero margin of error convinces the panel of expert judges for the robotics competitionRead more
India's electric vehicles market to become $ 206 bn by 2030
India EV Show 2022 displayed the latest and technologically advanced pollution free 2 & 3 wheeled E- vehicles, parts and accessories, charging solution, technology from around 100 plus exhibitors.Read more
Drone maker Anadrone Systems to set up R&D centre in Odisha
The centre will focus on providing end-to-end drone solutions for the domestic armed forces and export requirementsRead more
HARTING’s Han-Modular Domino modules save space
Han Domino Module and HPR Compact offer a perfect pair for demanding applications and tight installation space; help in saving space and weight of up to 50 per centRead more
HARTING showcases reliable Ethernet connections of the future
While HARTING and Belden showed live SPE video transmission, HARTING presented miniaturised IP65/67 protected ix Industrial connector at SPS 2022. Read more
Schaeffler exhibits products for high-speed railways at InnoRail India 2022
The company presents localised product, lifetime solutions and flagship roller bearings products at InnoRail India 2022Read more