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Indian Armed forces make strategic moves following UAV, helicopter studies

According to defense sources, the study on UAVs has been completed, resulting in a recommendation to procure 31 MQ-9B High Altitude Long Endurance (HALE) UAVs and 155 Medium Altitude Long Endurance (MALE) UAVs.Read more

Taiwan Machine Tools open platform shines at EMO Hannover 2023

Over 46 international media and 30 global buyers and agents participated in Taiwan's International Press Conference on September 18th to discover the latest developments in Taiwan's global trends.Read more

M&M accelerates global expansion with new vehicles, electric portfolio

M&M's focus lies on the international market, where it intends to introduce its latest products like the XUV700 and Scorpio-N, alongside a new range of electric vehicles.Read more

LOHUM, Log9 join forces for circular battery economy

This collaboration is geared towards ensuring transparency and accountability regarding the residual value of lithium-ion batteries.Read more

TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation

The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more

Mahindra & Volkswagen comes together for EV Components

In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more

Schaeffler India acquires fast-growing B2B e-commerce platform Koovers

Koovers is a brand of KRSV Innovative Auto Solutions Private Limited. Schaeffler has acquired 100 per cent of the company’s shares via a share purchase agreement.Read more

KKR Acquires majority stake in pallet pooling platform LEAP India

The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more

Festo’s patented VTEM is first digitalised pneumatics platform in the world

The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more

Goldstone Technologies, Quantron AG to forge a joint venture to build digital platforms

Goldstone Technologies Limited (GTL) and e-mobility major Quantron based in Germany are to set up a joint venture (JV) in Augsburg, Germany and Hyderabad to build digital platforms offering sustainability services.Read more

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