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India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Hannover Messe 2019 concludes promising tangible digital transformation
Artificial intelligence in industry and robotics, the potential of the new 5G mobile communications standard for industrial applications, lightweight design, and the future of work in a time of increasing digitalisation were this year’s most important topics at the world’s leading tradeshow for industrial technology.Read more
Automation Expo 2018 to work towards Industry 4.0
Industry 4.0 has become a reality with technologies such as smart sensors, advanced robotics, Internet of Thing (IoT) devices, advanced analytics, Artificial Intelligence and machine learning. IIoT creates the ‘smart factory’, wherein machinery, storage systems and production are capable of carrying out complex tasks.Read more
Kia Motors hosts supplier meet in Delhi
Korean car maker is investing $ 2 billion in India and is building a manufacturing facility with production capacity of 300,000 vehicles per year in Anantapur, Andhra PradeshRead more
BorgWarner’s VCT technology improves efficiency of Hyundai’s engine
BorgWarner’s latest variable cam timing (VCT) system delivers improved engine efficiency and fuel economy for the new Hyundai Gamma II engine. For the engine’s intake valve timing, BorgWarner supplies a variable force solenoid (VFS) and patented passive torsional assist (TA) phaser with mid-position lock (MPL) and integrated center bolt hydraulic control valve. For exhaust valve timing, the company supplies the VFS and TA phaser with integrated center bolt valve. The 1.6-liter I4 gRead more
TDK to acquire Chirp Microsystems, aiming for leadership in ultrasonic sensing solutions
TDK Corporation announced that it has reached an agreement with Chirp Microsystems, Inc., a pioneer in high-performance ultrasonic sensing, in which Chirp becomes a wholly owned subsidiary of TDK. TDK expects to close the acquisition within the coming days.Read more
The demand for fire alarms is growing in India
Fire detection system plays a critical role in fire fighting and, thus, reducing loss of life and money during any fire incidence. Indian fire detection equipment market is projected to grow at a CAGR of over 10% till 2022. Read more
Nokian Tyres’ SnapSkan tyre scanning service aims to improve traffic safety
Nokian Tyres together with the tyre and car service chain Vianor has introduced SnapSkan, a groundbreaking new technology, which measures the depth of tyre treads on the go and informs it to the driver. SnapSkan is based on top-class 3D scanning technology and serves motorists on their everyday routes. The free and fast service makes measuring tyre treads one less thing to worry about for car owners, and will improve the safety of millions of road users in the future.Read more