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Global cobot market exceeds $1bn in 2023; strong growth forecast 2024-28

There has been a clear shift from individual to holistic solutions.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

Go Zero Lubrication: Igus’ clean revolution with lubrication-free plastics

With $990 billion spent on lubrication per year worldwide, igus, at Hannover Messe 2024, demonstrated who can do without lubricants immediately and the role AI plays.Read more

Why MSMEs want a review of Section 43B(h)?

Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more

Margo offers edge interoperability to unlock industrial IoT

The Margo initiative draws its name from the Latin word for 'edge' and will define mechanisms for interoperability between applications.Read more

Space scientists win igus’ golden vector award 2024

Igus honours spectrograph from the Institute of Astrophysics at the University of Lisbon as the most spectacular energy chain application.Read more

Pune Machine Tool Expo draws in industry leaders

The expo, which will conclude on May 28, 2024, showcases cutting-edge technologies and solutions in metal cutting, metal forming, and factory equipment from exhibitors across India.Read more

Aatmanirbhar Gujarat 2022: Boosting growth of MSMEs

The Aatmanirbhar Gujarat 2022 Scheme aims to increase investment in the MSME sector in Gujarat, boosting Gujarat's industrial landscape and contributing to Atmanirbhar India's vision. Saumil Soni and Jaideep Jain explore the scheme and its impact on MSMEs.Read more

The machine tool industry is a crucial customer base for Eplan

In this interview with Rakesh Rao, Umesh Pai, MD, Eplan Software Pvt Ltd (Eplan India) explores recent developments and the effect of emerging trends on the Indian machine tools industry.Read more

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