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Geared motors market on a smooth ride

Machinery manufacturers are the main consumers of geared products. Conveyor manufacturers, who were the largest market for geared products in 2020, are expected to see strong growth in the coming years driven mainly by the logistics and factory automation sectors, says Shirly Zhu.Read more

Airbus to use Siemens’ software for developing new electronic systems

Airbus, a leading aircraft manufacturer, has selected Capital electrical/electronic (E/E) systems development software from Siemens‘ Xcelerator portfolio to accelerate the development of commercial aircraft. 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

Numeric launches premium single-phase UPS Premius

With enterprise demands increasing and continuity of work becoming the prime focus, Numeric - India’s leading UPS manufacturer - has launched Premius, a single-phase UPS that is suitable for IT, ITES, Office, BFSI, healthcare, government, and the infrastructure sector. Read more

Budget 2022 - ACMA: Ensure uniform 18% GST on all auto components

Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industryRead more

Tata Motors to set up vehicle scrapping facility in Maharashtra

Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more

WardWizard to invest Rs 500 cr in Gujarat for setting up EV ancillary cluster

WardWizard Innovations and Mobility Ltd – one of the leading manufacturers of electric two-wheelers brand ‘Joy e-bike’ has signed a Memorandum of Understanding (MOU) with the Gujarat government to invest Rs 500 crore. Read more

IMTMA, FE Dream collaborate for women-focused upskilling program in metalworking

The free training program - scheduled to be conducted from February 07, 2022 - March 31, 2022 - at the IMTMA Design Institute, Bengaluru, will focus on “Design and Manufacturing of Special Purpose Machine”Read more

IMTMA hosts India Skills competition on robot system integration

The 3-day programme held at the IMTMA Technology Centre in Bengaluru drew participation from 14 students. Two of the student participants would be shortlisted to participate in WorldSkills Shanghai 2022.Read more

IMTMA postpones machine tools expo IMTEX 2022 due to rising Covid-Omicron cases

The IMTEX 2022 & IMTEX FORMING 2022 exhibition was scheduled for January 20-26, 2022. The rescheduled dates will be announced shortly.Read more

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