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Socomec appoints Devender Singh Manhas as Head - Commercial Supply Chain

With a workforce of 3900 employees, 12 production sites, and over 30 subsidiaries spanning five continents, Socomec Group is a key player in the industry. Headquartered in Chennai, Socomec India boasts branch offices across 12 locations nationwide, with a cutting-edge manufacturing facility situated in Gurugram, Haryana.Read more

Atlas Copco Group appoints Shalini Sharma as new General Manager

Having been with the company since 2010, Shalini brings a deep understanding of Atlas Copco’s values, culture, and market dynamics, along with over two decades of experience in brand management, communications, and digital marketing strategy.Read more

TRUMPF makes 3D printing more productive with better parts for TruPrint 3000

The dual 700-watt lasers with Automatic Multilaser Alignment (AMA) and integrated cooling ensure efficient volume production and stronger parts for the TruPrint 3000 3D printer.Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

The Rise of India’s Construction Equipment Industry

Driven by increased government spending, rapid urbanization, technological advancements, and the 'Make in India' initiative, the RAHSTA (road) ahead for the construction equipment (CE) industry is bright with full of possibilities and opportunitiesRead more

Half of the cyberattacks target government and industry: Positive Technologies

In 2024, the share of incidents involving malware in the country increased by 11%, while the use of ransomware rose by 22%.Read more

Logistics blockchain and IoT revolutionising the industry

The integration of blockchain and IoT holds significant promise for overcoming challenges like inefficiencies, lack of transparency, security concerns, and complex supply chains. IoT devices enable real-time tracking of shipments, allowing companies to monitor their products from the point of origin to their final destination.Read more

BYD shifts to import-only strategy in India amid FDI challenges

BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.Read more

Five ways advanced robots are solving construction industry challenges

From cobots to computer vision, robotics professionals and construction managers have forged a lifelong bond. Advanced construction robotics are the single best contributor to industrial progress in the modern era, says Emily Newton.Read more

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