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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

Valeo presents its immersive technologies at Laval Virtual

Laval Virtual, the virtual reality and augmented reality exhibition is happening from April 12 to 16 in France. The technology company, Valeo is participating in the event for the first time to showcase its innovations for accelerating the design of solutions and for in-vehicle applications.Read more

Tecumseh under Masterflux brand will roll out products for EV segment

North America-based Tecumseh Products Company is a global manufacturer of cooling solutions. For more than 25 years the company has been operating in India with the subsidiary named Tecumseh Products India (TPI). Sandeep Chaudhry, Managing Director, Tecumseh Products India, in the interview shares how the sustainability and energy efficiency is evolving the opportunities in India and what role Tecumseh is playing in it.Read more

The Indian tooling industry is in a high growth phase

In this interview, Devaraya Sheregar, President, Tool & Gauge Manufacturers Association of India (TAGMA India) & MD, Devu Tools Pvt Ltd, highlights new opportunities for Indian toolmakers in automotive industry along with emerging sectors and future prospects.Read more

New tech to mould the future of tooling

The tooling industry is considered to be the backbone of the manufacturing as every company requires tooling to conduct the production process of parts manufactured for assembling the machine. With many Indian firms serving global customers who demand high precision and fast turnaround, Indian toolmakers will have to adopt the latest technologies to meet those requirements.Read more

igus will present next-level engineering through digital innovation at Hannover Messe

Motion plastics developer, igus is stepping up the pace of low cost automation and making entry into automation easier and affordable. It presents ReBeLmini cobot, RBTXperience software and virtual iguversum at Hannover Messe 2023.Read more

Alleima inaugurates a new production facility at Mehsana Mill in Gujarat

Alleima inaugurated a new hydraulic and instrumentation tubing manufacturing facility at Mehsana Mill in Gujarat on March 15. Another investment made by the company in Heat Exchanger (HX) cold finish Tube Capacity, will be fully completed and operational in 2023.Read more

CNH Industrial acquires machine vision company Augmenta

CNH Industrial took the possession of a sustainable farming solution provider company, Augmenta. CNH Industrial will acquire Augmenta Holding SAS at an enterprise value of $110 million and will have a 10.5 per cent minority stake in the company.Read more

Hyundai Motor signs term sheet for potential acquisition with General Motors

Hyundai Motor India Limited (HMIL) today signed a term sheet with General Motors India (GMI). Proposed acquisition covers identified assets at GMI, Talegaon Plant, Maharashtra. Read more

Towards a new paradigm in supply chains: The holistic supply chains

The 'holistic’ supply chain (HSC) is a new development, the next step in the evolution of supply chains. In essence, an HSC is a derisked, potentially high inventory holding alternative to resilient supply chain, says R Jayaraman.Read more

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