News

Zimmer Group Expands Global Footprint with a New Plant Near Pune

Pune, India - Zimmer Group has announced the opening of its newest production facility in Kikvi, near Pune, India. The opening ceremony, which will take place on April 16, 2024, symbolizes a decisive step in the company’s internationalization strategy and reflects its continuous growth.

Phillips Additive and Markforged Introduce FX20, ‘The Beast’ of 3D Printing

Navi Mumbai, India – Markforged, a leader in additive manufacturing technology, has unleashed ‘The Beast,’ which is all set to transform the manufacturing world with its unprecedented capabilities, with the grand launch of its biggest and fastest 3D Printer, the FX20. Launched in collaboration with Phillips Additive, the FX20 was recently unveiled at the Additive Manufacturing Summit 2024, held at The Park in Bengaluru, India, on March 20, 2024.

HANNOVER MESSE to Showcase the Future of Robotics at Application Park

Germany - HANNOVER MESSE’s one highlight will be the Application Park this year. There, it will be possible to view intelligent robot systems, autonomous driving devices in operation, the latest AI applications in robotics, image recognition tools and virtual platforms.

TCPL GES Launches Hydrogen-based Internal Combustion Engine Facility in Jamshedpur

Jamshedpur, India –TCPL Green Energy Solutions Pvt Ltd (TCPL GES), a wholly owned subsidiary of Tata Cummins Pvt Ltd (TCPL), a 50:50 joint venture of Tata Motors Ltd and Cummins Inc, USA, inaugurated a new state-of-the-art manufacturing facility to produce hydrogen-based Internal Combustion Engines for Medium and Heavy Commercial Vehicles and other low- to zero-emission technology products in India.

Naxnova Acquires Quad Industries for INR 90 Cr

Delhi/Mumbai, India and Brussels, Belgium – Naxnova (formerly known as Classic Stripes), a design and technology company and one of the leading industry leaders in surface augmentation, announced the acquisition of Quad Industries Belgium, a prominent player in the printed electronics sector, for INR 90 crore (approximately € 10 million).

India’s Tax Cut Fuels Tesla’s Drive into Indian EV Market

Bengaluru, India – India’s recent decision to slash import taxes on specific electric vehicles has stirred excitement, especially within the corridors of Tesla Inc, an American multinational automotive and clean energy company.

India’s Defence Ministry Seals US$ 4.7B BrahMos, Radar, and Aero-engine Deals

New Delhi, India – The Ministry of Defence (MoD), Govt of India, has signed five major contracts worth INR 39 000 crore (US$ 4.7 billion) to further the ‘Make in India’ initiative in the defence sector.

Sona Comstar Achieves 400M Differential Gears and 6M Different Assembly Production Milestones

Gurugram, India – Sona BLW Precision Forgings Ltd (Sona Comstar), one of the leading global providers of automotive technology solutions, recently announced the achievement of two remarkable production milestones.

India’s Manufacturing Sector Sees Uptick in Women Workforce

Bengaluru, India – As India targets a US$ 7 trillion economy by 2030, increasing female participation in manufacturing becomes imperative. Currently at 25 percent, India’s female labor force participation rate needs to reach 50 percent to elevate GDP growth by 1 percent, as per World Bank estimates.

Sterling Generators and Tecnicas Reunidas SA Join Forces for Green Hydrogen in India

New Delhi, India – Sterling Generators Pvt Ltd, a part of Sterling and Wilson Pvt Ltd., one of India’s leading engineering, procurement, and construction (EPC) companies, announced that it has recently signed an agreement with Tecnicas Reunidas SA, one of the world leaders in engineering and construction in the energy sector.