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Machine tools industry's mega show IMTEX 2023 kick starts today

With more than 960 exhibitions from 23 countries, IMTEX 2023 is all set to commence from January 19 in Bengaluru. Alongside, IMTMA organises Tooltech 2023 and Digital Manufacturing 2023 at the venueRead more

Taiwan's Gogoro and Belrise to build $2.5 bn battery swapping infra in India

Gogoro and Belrise Industries will set up the world’s largest sustainability-focused portable energy system with the battery-swapping ecosystem in Maharashtra.Read more

Taiwan Expo India 2021 explores growth prospects

The main aim of this expo is to provide the India-Taiwan businesses an opportunity to explore prospects, fuel growth and strengthen trade.Read more

India holds talks with Taiwan to set up $ 7.5-bn chip plant

Chip shortages have delayed the much-anticipated launch of a smartphone by billionaire Mukesh Ambani’s Reliance Industries that has been co-engineered with Google.Read more

Delta Electronics committed to corporate social responsibility

The company recently took the initiative of donating ICU beds and oxygen concentrators (10 litre capacity), strengthening India’s fight against COVID-19.Read more

Optiemus Electronics partners with Wistron for making electronic products

OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more

ADLINK launches EtherCAT modules for industrial automation

New 6-CH EU Series, and ECAT-4XMO and ECAT-TRG4 modules integrate hardware and software to modernise IIoT-based smart factories. ADLINK provides the full spectrum of the EtherCAT solution, including master modules and slave modules, bundled together at a cost-effective price point.Read more

Blue Star wins Rs 1.28 billion order from Taiwan’s electronic firm Wistron

Wistron Infocomm, which has been producing electronic devices at its existing factory at Kolar (Bengaluru), has embarked upon its Phase II expansion as a part of which, it is constructing a large manufacturing block and an IT building.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

COVID Impact: Machine tools industry may recover in Q3

The spread of COVID-19 has delivered a severe blow to the global economy. Due to the disruption caused by COVID 19 in the first half of the year, the recovery of the machinery industry has been delayedRead more

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