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Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth

Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more

Servotech Power Systems announces subsidiary to manufacture key EV components

The establishment of a wholly owned new subsidiary Techbec Green Energy aim to indigenously manufacture key components for Electric Vehicle (EV) chargers.Read more

Import, Export trends signify positive shift Indian electronic industry's dynamics

An S&P Global company, CRISIL is a global analytics company driven by its mission of making markets function better. Sharing some qualitative insights on Indian electronics market in India Pushan Sharma, Director – Research, CRISIL Market Intelligence and Analytics says that India is experiencing robust growth in electronics. He also shares some current merits and flaws in the industry.Read more

Miller Deltaweld Systems now comes with Insight Centerpoint solutions

Miller Electric Mfg LLC, a leading worldwide manufacturer of Miller brand arc welding equipment, has announced that Deltaweld Systems are now available with the Insight Centerpoint weld information application. Read more

Ador Welding becomes first Indian maker to meet NPCIL technical needs

Ador Welding Limited, India's leading manufacturer of welding equipment, consumables, and automation systems, celebrates a momentous achievement of over four decades collaboration with the Nuclear Power Corporation of India (NPCIL).Read more

ABB India bags contract for ArcelorMittal Nippon Steel India

Order placed through original equipment manufacturer John Cockerill India (JCIL) for the new advanced steel processing lines at the AM/NS India’s flagship Hazira plant in Gujarat.Read more

Suhner introduces EFC-02, electric force compliance system

Suhner provides metal processing solutions to for various industries. It is expanding its suite of robotic grinding accessories and tools with the fully electric EFC-02.Read more

Indian electrical equipment industry records a growth of 13% in FY23: IEEMA

Indian Electrical and Electronics Manufacturers’ Association (IEEMA) compiled the data for the year 2023-24 which shows high growth in segments like transformers (17.5 per cent), cables (19.4 per cent), meters (15 per cent) and rotating machines (5.7 per cent).Read more

MOLDEX, FASTNEX to get launch at IMTEX Forming 2024

In a strategic partnership Indian Machine Tool Manufacturers’ Association (IMTMA) and Landesmesse Stuttgart signed an MoU to organise the Moulding Expo, MOLDEX India and fastening and fixing sector trade show, FASTNEX at IMTEX Forming in January 2024.Read more

SIAM hosts conference Towards Vision India@2047on World Environment Day 2023

Society of Indian Automobile Manufacturers (SIAM) hosted an international conference coinciding with the commemoration of World Environment Day 2023, inaugurated by Ashwini Kumar Choubey, Union Minister of State for Environment, Forest and Climate Change, Government of India.Read more

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