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Toyota Kirloskar Motor advocates diverse green technologies to reduce fossil fuel dependence in India
TKM's goal is to provide a wider range of clean energy technology choices, encompassing hybrid, electric vehicles, fuel-cell electric, and flex-fuel vehicles, in line with the government's agenda to reduce fossil fuel dependency.Read more
Rockwell Automation acquires autonomous robotics firm Clearpath Robotics
The acquisition of Clearpath will accelerate Rockwell’s end-to-end autonomous production logistics solutions, providing safer, more efficient manufacturing environments for customersRead more
ICRA Reports: Regulatory changes may raise commercial vehicle prices by 10-12%
ICRA emphasized that the commercial vehicle (CV) sector within the Indian automotive industry is of particular concern, as it contributes significantly to vehicular emissions in the country.Read more
Schaeffler India acquires fast-growing B2B e-commerce platform Koovers
Koovers is a brand of KRSV Innovative Auto Solutions Private Limited. Schaeffler has acquired 100 per cent of the company’s shares via a share purchase agreement.Read more
Govt extends Automotive PLI Scheme, aims for accelerated implementation
While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more
Modulus Alternatives commits Rs 1.5 bn to Shivam Autotech in debut private credit fund investment
The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more
Tata Power to work on 4.4 MW RE project with Anand Group
Within the framework of this agreement, TPREL will oversee the generation of a substantial 10 million units of clean energy using renewable sources. Read more
US allocates $15.5 bn to boost electric vehicle transition
The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).Read more
Are CNC titans embracing Industry 4.0's mighty evolution?
Industry 4.0 can make CNC machining more efficient, accessible, reliable and cost-effective. As manufacturing demands rise, those benefits will become crucial to staying afloat in this industry, says Emily Newton.Read more
How to automate industrial production using cobots
Companies across all industries are investing heavily in automation to help them maintain their productivity and competitiveness but also to boost their resilience and flexibility, writes Sylke Becker.Read more