News

TIMTOS 2023 Begins; Attracts Worldwide Attention

The Taipei International Machine Tool Show 2023, also known as TIMTOS, kicked off on March 6. The physical mega show will go for six days, until March 11.

Ramkrishna Forgings to Install 7.82 MW Roof-top Solar Projects at its Plants

Ramkrishna Forgings Ltd, one of the leading suppliers of rolled, forged, and machined products, has recently announced a significant step towards fulfilling its commitment to achieving carbon neutrality through an investment in renewable energy.

CynLr Launches Cybernetics HIVE, a Cutting-edge Vision, Intelligence, and Robotics Research Hub

CynLr, a robotics deep-tech startup building vision and intelligence for industrial robotics and autonomous navigation, announced the launch of a new research facility, Cybernetics HIVE in Whitefield, Bengaluru.

ABB India Opens New Factory, Doubling its Capacity for Gas Insulated Switchgear

ABB India Ltd recently inaugurated its new state-of-the-art factory in Nashik, doubling its Gas Insulated Switchgear (GIS) production capacity.

Inspiration Personified

L Krishnan, Managing Director, TaeguTec India, has been honored with the highly coveted IMTMA – BFW Lifetime Contribution Award in memory of Shri H R Gupta. It’s about time we knew the person behind the company that’s known by one and all in the industry as a specialist in manufacturing cutting tools for the metalworking industry.

Honoring an All-Round Personality

In recognition of his visionary pursuit of entrepreneurial excellence and his unique leadership style, IMTMA takes great pleasure in conferring upon Rajendra Rajamane the IMTMA - Premier Outstanding Entrepreneur Award in memory of Vinod Doshi.

VDMA, ZVEI, and Deutsche Messe to Present ‘Industrial Wireless Arena + 5G Networks & Applications’ at HANNOVER MESSE 2023

VDMA, ZVEI, and Deutsche Messe will jointly present the ‘Industrial Wireless Arena + 5G Networks & Applications’ at HANNOVER MESSE 2023.

German Machine Tool Industry Expecting 2023 Production Growth

VDW (German Machine Tool Builders’ Association) expects production in the German machine tool industry to grow by 9 percent this year to a volume of € 15.5 billion.

Spanish Machine Tool Sector Turnover Up 9.7% in 2022; Exports and Incoming Orders Rising

The Spanish advanced manufacturing and machine tool sector reached a turnover of € 1,723.83 million in 2022, which was 9.7 percent up on 2021.

Universal Robots Posts Record Revenue Despite Global Uncertainty

Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of US$ 85 million, bringing 2022 annual revenue to US$ 326 million, up 5 percent from 2021.