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Siemens to acquire Altair Engineering for $10 billion

The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more

PLI railway push for local manufacturing of components for Vande Bharat & LHB

The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more

Are the safety integration of AGVs a challenge?

By definition, AGVs are typically supplied as incomplete machines. Read more

Indian Railways struggles with wheel supply, increasing reliance on Chinese imports

The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

Schmersal showcases new automation, safety solutions for intralogistics

Intralogistics is of growing importance in many industries. Due to supply bottlenecks and material shortages, new concepts for warehousing and material flows are in demand. In addition, Industry 4.0 cannot be accomplished without efficient and networked logistics. There are now new technical solutions and systems to help ensure a safe and productive intralogistics infrastructure.Read more

Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth

Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more

HRS Process offers energy efficient HRS FUNKE Plate Heat Exchanger

HRS FUNKE PHE is one of the most reliable thermal processing equipment for a wide spectrum of processes adding to the accountability on HRS PSL as an innovative and trusted brand in the heat exchangers market.Read more

SUHNER launches a range of compact power tools

In comparison to the previous tools, the user has up to 20 per cent more power available to them with the new, compact, professional tools.Read more

TIMTOS 2011: Taiwan Flexes its Machine Tools Muscles

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