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India will become a key player in the global machine tools industry
Wendt India draws its technological superiority from Wendt GmbH which is a part of Winterthur Technology Group (WTG ) Switzerland and sound and ethical management practices from Murugappa Group. While Wendt GmbH is the pioneer in super abrasive tooling solutions and high precision grinding machines for insert grinding and steel industries for over 8 decades, the 100 year Murugappa Group is the market leader in diverse businesses such as engineering, abrasives, finance, general insurance, cyclesRead more
Raasi Solar to make Li-ion battery in India using CSIR technology
The company, which will set up Li-Ion facility in Tamil Nadu’s Krishnagiri district, aims to bring down the cost of cell manufacturing below Rs 15,000 per KW to replace the lead acid batteryRead more
DIPP seeks industry inputs to increase local content in govt procurement
FICCI to submit the list of products that industry supplies to Government/PSUs along with the major raw materials/inputs/components/sub-assemblies of each of these supplied products Read more
India must knock manufacturing out of the park
It is never easy to predict the future, but manufacturing has the potential to emerge as one of India’s high-growth sectors in the next few years. The sector grew at a CAGR of 7.32% between FY12 and FY17, and despite a brief period of disruption following the introduction of the Goods and Services Tax (GST) in July, is rapidly recovering.Read more
Germany’s Schmersal opens first global support IT centre in Pune
The Germany-based Schmersal Group, a manufacturer of electromechanical safety and lift switchgear and systems, has opened its first global support IT centre in Pune. The centre - inaugurated by Michael Ambros, Managing Director, K A Schmersal GmbH & Co KG, is spread across an area of 3305 sq ft with a workforce of 15 functional and technical consultants.Read more
Manufacturing of planes under Make In India to be of top priority: Suresh Prabhu
Suresh Prabhu, Union Minister for Civil Aviation today stated that aircraft and aviation equipment manufacturing under the Make in India programme and safety and security in the aviation sector would be one of his top priorities along with creating world-class passenger and cargo hubs in India.Read more
Rolls-Royce and Goa Shipyard Ltd agree to manufacture MTU engines in India
Rolls-Royce and Goa Shipyard Limited (GSL), a premier defence shipbuilding yard in India under the Ministry of Defence, have agreed to cooperate in the local manufacturing of technologically-advanced MTU Series 8000 engines in India.Read more
Factories of the future in India: Connected, smart, and collaborative
Gartner Inc forecasts that 20.4 billion connected things will be in use worldwide by 2020, up by whopping 143% from 2017. Read more
HHV develops an innovative process of coating on plastics
Hind High Vacuum Co Pvt Ltd (HHV), a vacuum science and technology company with major clients like HAL, ISRO, BARC, Titan etc, announced that it has indigenously developed an innovative process of coating on plastics to provide electromagnetic radiation interference (EMI) shielding.Read more
RUJ & SRM Mechanics in JV brings first swiss precision and assembly plant in India
India’s ‘Make in India’ initiative and mechanical engineering industry strives to apply cutting-edge technology, produce high-quality products up to international standards, and further participate in the global value chain.Read more
