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Ador Welding becomes first Indian maker to meet NPCIL technical needs
Ador Welding Limited, India's leading manufacturer of welding equipment, consumables, and automation systems, celebrates a momentous achievement of over four decades collaboration with the Nuclear Power Corporation of India (NPCIL).Read more
India has great potential to supply electronics products to European, North American markets
SLN Technologies is an electronic systems design and manufacturing company. The company specialises in developing electronic systems for aerospace and defence industry sectors. The company is looking to upgrade its SMT line with 3D Solder Paste Inspection, says Anil Kumar Muniswamy, Founding Managing Director, SLN Technologies in this interview.Read more
Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more
BMT turret & tool holder system will drive the future of CNC Machines
Incorporated in 1996, Sphoorti Machine Tools has emerged as one of India’s leading manufacturer of Tool Discs and Tool Holders for any CNC turning and CNC turn mill centres. In this interview, R K Purohit, Managing Director, Sphoorti Machine Tools shares the present status of the company by briefing on the new product developments and industry scenario.Read more
Rapid growth sparks innovation and expansion in global battery manufacturing
The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more
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
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
Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments
Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more
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
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