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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

IMTEX 2023 inaugurated at Bengaluru on January 19

MD, Volvo India Group and Chairman, SKF inaugurated 20th edition of IMTEX 2023 on January 19. With concurrent shows Tooltech 2023 and Digital Manufacturing 2023, Germany, Korea, Spain, Taiwan, and USA will have country pavilions at BIECRead more

Machine tools industry's mega show IMTEX 2023 kick starts today

With more than 960 exhibitions from 23 countries, IMTEX 2023 is all set to commence from January 19 in Bengaluru. Alongside, IMTMA organises Tooltech 2023 and Digital Manufacturing 2023 at the venueRead more

ATS ELGI inks pact with Spain’s VTEQ for vehicle testing equipment

ATS ELGI, a wholly-owned subsidiary of Elgi Equipments Limited and India's largest garage equipment manufacturer, announced its manufacturing agreement with VTEQ, a global leader in vehicle testing equipment based out of Spain. Read more

Bharat Forge arm, Spain’s Talgo form JV for making high speed trains

The proposed collaboration between BF Infrastructure Ltd and Talgo India will focus on setting-up manufacturing, maintenance and life cycle support hub for new generation, energy efficient, lightweight aluminum high speed railway trains.Read more

ATS ELGI inks pact with Spain’s VTEQ to make vehicle testing equipment

The wholly-owned subsidiary of Elgi Equipments will establish 7,500 sq ft facility to manufacture imported vehicle testing equipment in India at affordable price points.Read more

Ingeteam opens facility for electrical wind turbine components in India

The new production facility near Chennai will satisfy the demand for wind power converters and control cabinets by OEMs with operations in IndiaRead more

GP Global to market marine lubricants of Spain’s CEPSA in India

The company will manufacture these lubricants at the Vasai (Mumbai) facility of its group company GP Petroleums, which is engaged in blending automotive and industrial lubricantsRead more

QuEST Global buys Spain’s Engineering Community

Acquisition of Spanish product development specialist to help QuEST accelerate engineering innovations for customers in EuropeRead more

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