News

60,000 Jobs to Be Generated as India Signs 57 MoUs with 27 Companies Under PLI Scheme for Specialty Steel

India’s steel industry is poised to lead global growth as the nation emerges as an epicenter for the sector’s evolution, according to Jyotiraditya M Scindia, Hon’ble Minister of Civil Aviation and Steel, Govt of India.

Continental’s #Fiction2Science Hackathon Connects Indian Universities and Generates Over 130 Innovative Ideas

Continental, the technology company, organized the 2nd edition of the #Fiction2Science student Hackathon in Bengaluru, India, as part of its initiative to build an innovative ecosystem.

Lokesh Machines to Invest INR 100 Cr in Defence Sector with New Manufacturing Facility

Lokesh Machines Ltd, a manufacturer of CNC machines and auto components, has announced its entry into the defence sector with the creation of a new division dedicated to the production of defence and aerospace components.

nasscom CoE hosts Smart Manufacturing Research Conclave to propel Industry 4.0 innovations

nasscom Centre of Excellence (CoE), Gandhinagar, a Digital India initiative established with support from the Ministry of Electronics and Information Technology (MeitY) and the Government of Gujarat, hosted the Smart Manufacturing Research Conclave at the Indian Institute of Technology, Gandhinagar, on April 29, 2023.

Indian Entrepreneurs in Germany Receive €5 Million to Advance AI in Sustainable Manufacturing

Tvarit GmbH, a Frankfurt-based startup, is on a journey to enable zero-waste manufacturing. The company has closed its funding round, led by Momenta and Futury Capital, to enable AI-powered, waste-free, and energy-efficient metal manufacturing.

Tata Elxsi and IIT Guwahati Sign MoU to Advance Research in Electric Mobility

Tata Elxsi Ltd, a leading global technology services provider for the Automotive and Transportation industry, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Guwahati (IIT-G) to jointly work on developing and commercializing state-of-the-art solutions for the Electric mobility market.

Meltio Partners with 12 Leading Software Companies to Promote Additive Manufacturing

Meltio, a manufacturer of disruptive laser metal deposition technology, recently introduced its new Meltio Engine Software Partners ecosystem to ensure, through this partnership, a set of guaranteed and reliable software solutions for customers to identify the best software solution to use Meltio Engine CNC Integration and Meltio Engine Robot Integration.

ArcelorMittal Nippon Steel India Selects IBM to Drive Digital Transformation

IBM, a leading provider of global hybrid cloud and AI, and consulting expertise, recently announced that ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel—two of the world’s leading steelmakers—has collaborated with IBM Consulting to reinvent mission-critical processes in order to boost agility, and efficiency with digital transformation.

German Aerospace Center Presented Future Fuels and Industrial Production Techniques at Hannover Messe 2023

The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR) showcased a range of technologies, innovations, and successful technology transfer and spin-off projects at Hannover Messe.