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Yuma Energy collaborates with MCD, BRPL for battery swapping stations

As part of the collaboration Yuma Energy will set up battery swapping stations across Delhi in a move to support the evolving e-mobility ecosystem in the capital. Yuma currently supports half a million swaps and serves 125,000 customers every month.Read more

TDK spotlights innovations in various segments at Electronica India 2023

TDK offers multiple demonstrations and experiences for attendees to immerse themselves in the latest solutions for all sorts of passive components at electronica India 2023.Read more

Stäubli opens $15 million facility in Bengaluru

Global industrial and mechatronic solution provider, Stäubli strengthens its presence in the country by setting up 25,000 sq ft office in Yelahanka, Bengaluru. The company conducted the ‘Stäubli Partnership Forum India’ event to showcase its innovative solution capabilities to the partners.Read more

Bosch registers 12.8 % profit before tax in Q1 FY 2023-24

Total revenue from operations in Q1 of FY 2023–24 is up 17.3 per cent over the same quarter of previous year. Profit after tax stood at 9.8 percent of total revenue from operations. Read more

AI driven industrial automation

The focus of industrial automation in the era of artificial intelligence (AI) is enhancing efficiency, safety, and innovation.Read more

Samsung Semiconductor India Research inaugurates Labs and Science Centers in rural Karnataka

Global R&D center for Samsung Semiconductors, inaugurated ‘three Mobile Science Labs, two Science Centers and two Mini-Innovation Hubs’ in association with Agastya International Foundation, a non-profit organisation based in Bengaluru.Read more

Valeo opens Satellite Tech Centre in Bengaluru as part of its Global Tech Centre in Chennai

Thierry Berthelot, Consul General of France inaugurated the new office at Pritech Park Annex, Bellandur, Bengaluru in the first week of July.Read more

Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components

The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more

EMAG is a go-to Solution Provider for Indian Manufacturing, says MD

The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more

Igus sets up a new facility at Bengaluru, plans to invest 100 crore

Igus India plans to open new 84,000 sq ft integrated campus in Bangalore, Karnataka in 2023 with a target to achieve 500 crore combined sales revenue by 2025-26. Company also rolls out global programme “Enjoyneering” in India, advocating fun with innovation.Read more

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