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Cobot market to see growth at 20% by 2023
A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more
Hannover Messe, a leading platform for hydrogen and fuel cells
At the upcoming trade fair, Hannover Messe, running from 17 to 21 April, around 500 companies will be presenting their solutions for hydrogen production, transport, storage and consumption. By 2030, the EU Commission wants to install electrolyzers with a capacity of at least 40 gigawatts to produce 10 million tons of green hydrogen in a phased-in process.Read more
Decision-makers under pressure to enhance automation in EV manufacturing, Zebra study
Zebra Technologies Corporation conducted a survey named Automotive Ecosystem Vision Study which reveals preferences of customers, fleet managers and manufacturers, for upcoming automation of Electric Vehicles, in the industry. Hybrid EVs, sustainable choices, eco-friendliness are key priorities in their vehicle purchase and lease decisions.Read more
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
Kixx bags Korea First Brand Awards; appoints Shikhar Dhawan as brand ambassador
As part of a strategic move and to make brand a household name in the premium lubricants’ category in India, GS Caltex India has recently signed Shikhar Dhawan, as their brand ambassador.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
