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Cobot market to see growth at 20% by 2023
A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more
Brakes India forays into lubricants with the all-new brand Revia
Brakes India entered into lubricants segment with a new brand named Revia. The engine oils will cater to both passenger car and commercial vehicle segments.Read more
Schneider Electric boosts tech adoption for sustainable water management
Schneider Electric in collaboration with APAC News Network, the Ministry of Jal Shakti, and the National Institute of Urban Affairs is moving to the second phase of to accelerate the technology adoption for sustainable water and wastewater management. It is also developing a program to help eco-warriors strengthen their proficiency with technology. Read more
Brakes India launches specially designed brake pads for electric vehicles
TVS Apache, a Brakes India brand and automobile manufacturer, launched ZAP brake pads with advanced friction technology which ensures corrosion protection and quiet braking.Read more
Amara Raja Group’s Mangal Industries signs MoU with AXISCADES forming strategic partnership
A leading technology solutions company, AXISCADES forms a partnership with Amara Raja Group’s company Mangal Industries Limited to make an engineering, digital, and manufacturing collaboration. Read more
Rising material & oil prices are affecting machine tools industry
Mastercam creates software and services that solve the world’s manufacturing challenges. During an interview with IPF, Vineet Seth, Managing Director – South Asia & Middle East, Mastercam APAC, spoke thoroughly about the impact of declining auto sales & shift towards electric vehicles on the machine tools industry and the ways to mitigate it.Read more
Honeywell commissions lab for testing fire panels in Bengaluru
Laboratory in the APAC region will help enable 30 per cent savings in regulatory cycle time. Read more
Neelanjan Banerjee to head LANXESS’ global lubricant additives biz
Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at LANXESS Corporation, USA, effective July 1, 2022 after a brief work-in periodRead more
Fastener makers hit by rising raw material prices
Raw materials account for about 60-70% of production cost in fastener industry. Post-Covid the prices of commodities are skyrocketing causing a concern among fastener manufacturers.Read more
Rossell Techsys delivers 15,000th wire harness for Boeing’s AH-64 Apache helicopter
The Aerospace and Defence (A&D) Division of Rossell India Limited has also delivered 500th shipment of electrical panel assemblies for Boeing’s AH-64 ApacheRead more