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Haier Aims to rise as second largest player in Indian market

Haier India, which is growing with a 25 per cent CAGR (Compound Annual Growth Rate) for the last six years, expects to close this fiscal with a topline of Rs 8,500 crore and expects to touch the Rs 10,000 crore-mark in FY25Read more

Luxinar debuts SR series of sealed CO2 laser sources at IMTEX Forming

Luxinar specialises in manufacturing CO2 laser sources for industries worldwide, including automotive, electronics, e-mobility, glass, packaging and textiles. On its stand at IMTEX Forming 2024, company will showcase the SR 15i, with an output power of up to 175W.Read more

Alstom, NSRCEL to launch the second cohort of the Incubation Programme

This initiative is aimed at supporting innovative startups committed to combatting climate change and addressing various sustainability challenges.Read more

New robot with igus linear guide taps beer in seconds

Festival season is in full swing. To keep the queues at the beer to reasonable lengths, One Two Beer GmbH has developed an automatic beer tap. Its core is a mobile tap head that moves to the bottom of the cup, which it fills in five seconds without foam-over - built with a lubrication-free, hygienic, durable lead screw from the igus dryspin series. Read more

Seco R&D delivers for Scania

A challenging project with Swedish truck manufacturer Scania brought out the best in Seco’s research and development (R&D) team, who found a way to extend the life of one tool by a factor of 20 when using it to cut a new type of cast iron for their engines.Read more

GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs

As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more

JK TYRE secures Best-In-Class ESG Grading for second consecutive year

With an overall ESG score of 78 out of 100, JK Tyre has been regarded as the best among peers.Read more

US tech firm, LAM Research eye Karnataka expansion

LAM Research, the prominent US-based semiconductor equipment and services provider, has shown interest in establishing a new laboratory in Karnataka, as confirmed by the office of Karnataka's Minister.Read more

United Grinding Group hosts second umati Hackathon

Experts from the machinery and plant engineering sectors met for the second time for at umati hackathon aimed to advance connectivity and digitalisation in machine tools. The focus of this year’s hackathon was on expanding the connectivity of older generations of existing machines using umati.Read more

Strategic Partnership with Seco Tools working good for Permedica

Business has been growing so quickly for Italian medical implant manufacturer Permedica that it can barely keep up with demand. However, a new strategy for its CNC department, in partnership with Seco Tools, has started to make a powerful increase to its productivity.Read more

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