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Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
Mahindra Research Valley at the forefront of automotive technology
Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more
Looking beyond cobalt, Sandvik receives funds for research
Stockholm headquartered engineering group, Sandvik has received funding to investigate if it is possible to replace cobalt in the company’s rock drill bits by its research team. For years, industry experts have been trying to find a solution for replacing or decreasing the use of cobalt in the company’s rock drill bits.Read more
CNH Industrial acquires machine vision company Augmenta
CNH Industrial took the possession of a sustainable farming solution provider company, Augmenta. CNH Industrial will acquire Augmenta Holding SAS at an enterprise value of $110 million and will have a 10.5 per cent minority stake in the company.Read more
Avcon Controls aims to be among top 5 valve manufacturers
Fifty-four-year-old Avcon Controls has been producing automated valves for process control. In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls, sheds light on changes taking place in industries, use of AI and IoT in manufacturing and Avcon’s strategy to align with the government's goal to make India a $5 trillion economy.Read more
Carr Lane flying high with novel clamping technologies
Carr Lane Manufacturing Co showcased its innovative range of solutions for aerospace industry at IMTEX 2023. It also showcased it’s made in India products at the event by the company; the Bangalore-based IBK Engineers distributes Carr Lane products in India.Read more
We give quality products to sustain in competitive market
Kusam Electrical Industries Ltd, one of the leading players in the electrical test and measuring instruments segment, is looking forward to Elecrama 2023 to display its newly introduced products. Chandmal Goliya, Managing Director, Kusam Electrical Industries Ltd, in this interview, shares the company’s growth plans and expectations from the government to propel the industrial growth. Read more
Top five equipment manufacturing trends of 2023
From organisational change and employee training and development, to supply chain challenges and the rise of alternative power, the article list down all the manufacturing trends to look forward in 2023.Read more
IMTEX 2023 inaugurated at Bengaluru on January 19
MD, Volvo India Group and Chairman, SKF inaugurated 20th edition of IMTEX 2023 on January 19. With concurrent shows Tooltech 2023 and Digital Manufacturing 2023, Germany, Korea, Spain, Taiwan, and USA will have country pavilions at BIECRead more
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