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UAW escalates strikes, shuts down Ford's key plant, threatens Stellantis

In an unexpected move on, 8,700 union members at Ford's Kentucky truck plant in Louisville left their jobs. Union President Shawn Fain hinted at further action against Stellantis, expressing hope for more productive talks.Read more

Govt expresses concerns over Lava International arrest

Lava International, a beneficiary of the government’s production-linked incentive (PLI) scheme for domestic smartphone manufacturing, fell short of the revenue target set for fiscal year 2023.Read more

Indian industries hit hard: Unplanned downtime costs mn, urgent shift needed

A recent global survey titled Read more

Tech up, cost down: igus presents cutting-edge technology at EMO 2023

Among other things, igus presented low-cost robotics, its online CNC service, a 3D-printed assembly frame, and economical energy chains for sustainable, cost-optimised production.Read more

GST reporting window extended to 30 Days for over Rs 100 cr turnover firms

GST assesses will now have an extended period of up to 30 days to report their invoices on the e-invoice portal. These new regulations will take effect starting from November 1.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

DFI showcases complete Line of Smart Factory Solutions at India’s Automation Expo

This year, DFI will participate for the first time in India's Automation Expo 2023, the largest international automation exhibition in Southeast Asia and South Asia and will present factory automation-related solutions such as SR-IOV virtualisation technology and AGV/AMR robotics.Read more

Trane Technologies outlines transition plan to achieve net-zero targets by 2050

Trane Technologies revealed latest ESG report which debuts net-zero roadmap and highlights significant progress on its 2030.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

Matter initiates the development new-gen lithium-ion cell with professors of University of Texas

Tech innovation led start-up, Matter is working on new-gen lithium-ion cell technology with Prof Arumugam Manthiram. With this collaboration Matter aims to bring about significant advancements in lithium-ion cells for real world conditions. Read more

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