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Chips are up!

Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more

Global T&M market is expected to grow at CAGR of 6.8% between 2021-27

WIKA is a global manufacturer of test and measurement devices. Highlighting the importance of T&M devices for the industry, Prashant Sinha, Head of Marketing, WIKA India says that measurement and analysis of different process parameters helps companies to make data-driven decisions. In this interview, he also sheds some light on latest products and trends in T&M industry.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

With GDP expected to grow at 6% CAGR, future of manufacturing sector is bright

Electro Zavod, the manufacturer of specialised machinery for the bulk material handling industry, is celebrating its golden jubilee this year. In 2022, the company was acquired by Hi-Tech System & Services. In this interview, Vikas Agarwal, Chairman, Electro Zavod India, talks about the company's 50 year journey and importance of innovations to keep up with the market.Read more

Collaborative growth

In January 2022, Reliance Industries bought 54 per cent stake in Addverb Technologies (a manufacturer of autonomous mobile robots, sorting robots, and automated storage and retrieval systems) for $ 132 million marking an entry of big industrial giant in the fast-growing industrial automation sector.Read more

Digitalisation drives efficiency in machine tools

As the things in the manufacturing sector are getting more focused on the ‘Make in India’ project, the Indian machine industry is getting more advanced and developed. IIoT, predictive maintenance, digital twins, automation and dark factories, robots and cobots are a few new innovative trends that are surfacing in the market. Trishna Mirajkar takes a deeper dive in this research. Read more

Automation & robotics industry is expected to grow at 13% CAGR

Schaeffler has been contributing to the growth of industrial automation and robotics sector with right technology products. The company is enhancing its offerings as integrated solution provider and not limiting as a component supplier.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

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

Fastener makers hit by rising raw material prices

Raw materials account for about 60-70% of production cost in fastener industry. Post-Covid the prices of commodities are skyrocketing causing a concern among fastener manufacturers.Read more

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