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RoI on a cobot is now 2-3 years, down from 5 years

Demand for collaborative robots (cobots) is increasing across the word. In this interview, Maya Xiao, Senior Analyst, Interact Analyst, discusses how the collaborative robot market is performing as we come out of COVID.Read more

Adding value via additive manufacturing

Additive manufacturing (AM), or 3D printing, has gained momentum in India, especially after Covid 19 pandemic when most industries faced supply chain disruptions. 3D printing allows companies to break centralised manufacturing facility into smaller production hubs that can be set up closer to the market.Read more

Cable & Wire Fair Postponed to May 2022

India's most illustrious trade exhibition for wire and cable industry has been postponed from March 2022 to 18th to 20th May 2022 to make it convenient for all the stakeholders.Read more

Manufacturing at an inflexion point

Today, India is ranked as one of the leading exporters of pharmaceuticals supplying not just to developing countries but also to developed markets such as US, Japan, EU, etc. Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

How different will be the post-Covid supply chain?

Some of the pre-Covid practices have crippled the supply chains, to the extent that, these are now holding back the recovery. Post-Covid, the primary objectives of companies will be ‘safe business operations’, ‘uninterrupted business operations’ and ‘integrated manufacturing operations’. These three pillars will lead companies to take up multiple actions to redesign the manufacturing value chain in its entirety, says R Jayaraman.Read more

HANNOVER MESSE 2022 postponed to beginning of June

Due to the current situation surrounding Covid, Deutsche Messe AG will stage the world’s leading trade show for industrial technology from 30 May to 2 June. Read more

IMTMA postpones machine tools expo IMTEX 2022 due to rising Covid-Omicron cases

The IMTEX 2022 & IMTEX FORMING 2022 exhibition was scheduled for January 20-26, 2022. The rescheduled dates will be announced shortly.Read more

Global aerospace parts market to grow at CAGR of 3.7%: Report

The global aerospace parts market - estimated at $ 900.75 billion in 2021, is expected to grow at a CAGR of 3.7% during 2021-2030 forecast period, according to Quince Market InsightsRead more

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