News

Mumbai, India and Zurich, Switzerland – Imaginarium, one of India’s leading multi-speciality digital manufacturing businesses serving industries across healthcare, automotive, aerospace, energy, and robotics, has recently announced an acquisition of a strategic stake in Rapid Manufacturing AG, Switzerland.

Bengaluru, India – Hindustan Aeronautics Ltd (HAL), an Indian public sector aerospace and defence company, has received a request for proposal (RFP) from the Ministry of Defence to procure 156 Light Combat Helicopters (LCH), a move expected to boost the domestic defence manufacturing industry and the Government’s ‘Make in India’ campaign.

Velizy-Villacoublay, France – Dassault Systèmes announced that Mahindra & Mahindra, a leader in automotive, farm, and services businesses in India, is advancing its digital transformation by selecting Dassault Systèmes’ 3DEXPERIENCE platform on the cloud to accelerate its end-to-end new product development process.

Formlabs and Phillips Additive held a demonstration of the new ‘Form 4’ 3D printer on May 23, 2024, in Gurugram. The event was attended by senior leaders from both Formlabs and Phillips Additive, along with many modern manufacturers who gathered to experience the Form 4 printer. The event also featured a panel discussion with industry experts possessing vast experience in the manufacturing sector.

Dassault Systèmes and nasscom released a report on the adoption and impact of virtual twin technology. The report reveals a two-fold increase in virtual twin implementations post-pandemic. Virtual twin adoption in India could play a crucial role in accelerating the design-to-realization process, helping organizations achieve their sustainability and circularity goals across the value chain.

Monash University and Tata Steel have signed a Memorandum of Understanding (MoU) to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on global challenges including decarbonization, sustainable resource recovery, and technologies towards smart manufacturing.

ADDiTEC, a leading US-based additive manufacturing company, announced a strategic partnership with Bharat Fritz Werner Ltd (BFW), the largest CNC manufacturer in India. This collaboration marks a significant milestone in the field of additive manufacturing, combining the strengths of both companies to develop a groundbreaking Hybrid platform.

Aerem Solutions, a leading provider of end-to-end solar solutions, and the parent company of NetZero Finance Private Ltd – India’s only RBI-licensed Solar Focus NBFC, have signed a Memorandum of Understanding (MOU) with a leading player in the distributed solar energy sector, Panasonic Life Solutions India Private Ltd (PLSIND).

Mercedes-Benz Research and Development India (MBRDI)—the largest R&D center for Mercedes-Benz Group AG outside of Germany—announced the launch of ‘Enroute: A Mobility-As-A-Service Challenge’ for startups to enhance public transit efficiency.

Materialise, a global leader in 3D printing software and services, and ArcelorMittal Powders, a business unit of ArcelorMittal established to produce high-quality steel powders, have signed a memorandum of understanding (MOU) to create solutions to optimize laser powder bed fusion (LPBF) equipment and metal 3D printing strategies.