News

New Delhi, India – Siemens Digital Industries Software recently announced that AMAZEMET has adopted solutions from the Siemens Xcelerator portfolio of industry software to help build its closed-loop production chain for metal additive manufacturing materials and supporting post-processing equipment. AMAZEMET is focused on the commercialization of ultrasonic atomization to provide laboratory-scale units for the in-house manufacturing of powders with a tailored chemical composition that is suitable for various applications, including additive manufacturing.

Mumbai, India – HDFC Mutual Fund, India’s leading mutual fund investment company, has announced the HDFC Manufacturing Fund, an open-ended equity scheme that taps the power of India’s manufacturing sector. The aim of the fund is to generate long-term capital growth by investing mainly in equity and equity-related securities of manufacturing companies.

Bengaluru, India – CynLr, an Indian deep-tech robotics startup specializing in Visual Object Intelligence Robotics and Cybernetics, recently launched and showcased its All-Purpose, Reusable Visual Robot platform that doubles as a Semi-Humanoid called ‘CyRo’ at the Robotics Summit & Expo in Boston on May 1 and 2, 2024.

Hyderabad, India – Dhruva Space Pvt Ltd, a full-stack Space Engineering solutions provider based in Hyderabad, India, announced a successful closure of their Series A funding at INR 123 crore. The funding will go towards the company’s upcoming spacecraft manufacturing facility, strategic business acquisition plans, and enhancing product offerings to deploy them to the global market.

Bengaluru, India – HHV Group, Bengaluru-based India’s premier Vacuum, Optics, and Thin-film technology company announced its 60th anniversary celebrations. Established in 1965 in the name of Hind High Vacuum Co (HHV) as a small-scale industry in Bangalore by SV Narasaiah, a pioneer of vacuum technology in India, the company, has since made significant contributions to the advancement of vacuum-related technologies in the country.

Bengaluru, India – Shandong Lingong Construction Machinery Co, Ltd (SDLG), a member of Volvo Group, offers sustainable solutions to construction, earthmoving, infrastructure, and mining projects. It has been present in India since 2009, contributing to the Indian construction equipment market with its lineup of wheel loaders, motor graders, and excavators used in ports, roadways, mining, steel, and cement industries.

Mumbai, India – Hella Infratech Pvt Ltd, a pioneering name in the realm of drone mapping and survey, announced its transformative rebranding as Aakashe. With a steadfast commitment to innovation and progress, this strategic rebranding marks a pivotal moment in the company’s journey towards expanding its business horizons and embracing a name that resonates profoundly with its vision to map Bharat.

Hannover, Germany – HANNOVER MESSE witnessed the German company Schunk SE & Co KG being honored with the HERMES AWARD at its ceremonial opening on April 21, 2024. Bettina Stark-Watzinger, Germany’s Minister of Education and Research, presented the award in recognition of an innovative AI-based project.

Chennai, India - Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (Daimler Truck), announced its foray into the Indian battery electric market with the all-electric, Next-Generation eCanter.

Blackbird Robotersysteme GmbH, a manufacturer of system solutions for remote laser welding, is growing its leadership team and creating a new area for business field development. Benjamin Bopp will be in charge of sales starting in April. Longstanding sales director Thibault Bautze-Scherff will focus on targeting new business fields in the future. This puts him in a leading role in terms of the company’s strategic growth.