News

Universal Robots Reports a Record First-quarter Revenue of US$ 85 Million

Universal Robots, a Danish producer of collaborative robots (cobots), reported record Q1 revenue of US$ 85 million, a 30 percent increase over its 2021 Q1 revenue.

EuroBLECH 2022 Returns to Live Event Format as a Catalyst for New Growth

EuroBLECH2022, the 26th International Sheet Metal Working Technology Exhibition, will be held in Hanover, Germany, from October 25-28, 2022.

IMTEX FORMING 2022 to feature over 350 Exhibitors Showcasing Metal Forming Technologies

Indian Machine Tool Manufacturers’ Association (IMTMA) is organizing the seventh edition of IMTEX FORMING 2022 - South East Asia’s largest exhibition on metal forming technologies at Bangalore International Exhibition Centre (BIEC) in Bengaluru from June 16-21, 2022.

Hitachi Energy Bags INR 160 Crore Order from MP Power Transmission Package-II Ltd

Hitachi Energy India Ltd has received an order worth an estimated INR 160 crore from MP Power Transmission Package-II Ltd, a project-specific business, to strengthen the transmission system in rural Madhya Pradesh in order to increase the capacity and reliability of the region’s power infrastructure.

TIMTOS To Unveil Metaverse and EV in March 2023

Taipei International Machine Tool Show (TIMTOS), the world’s third largest machine tool show, will debut innovations and applications in EV and Metaverse at Taipei Nangang Exhibition Center Halls 1, 2 and TWTC Hall 1 from March 6-11, 2023.

Panasonic Life Solutions India’s First Industry 4.0 Standard ECM Manufacturing Facility in Sri City, Andhra Pradesh

Panasonic Life Solutions India Pvt Ltd, a wholly owned subsidiary of Panasonic Corporation, recently inaugurated a one-of-a-kind Industry 4.0 standard ECM (Electric Construction Material) manufacturing facility in Sri City, Andhra Pradesh.

Zumbido, World’s First Networked ERP, is the Latest Buzz in Indian Supply Chain Management

Zumbido, the world’s first networked ERP, is a cloud-based, user-owned solution that can help small and micro businesses by integrating and synchronizing data input not just within departments but across the entire business network.

SKF India to Display Innovative Wind Energy Solutions at Windergy’22

SKF, a leading global manufacturer of bearings, sealing solutions, lubrication management, condition monitoring systems, and services, will exhibit its extensive range of products and solutions for the wind energy segment at Windergy India’22, which will be held on April 27-29, 2022, at Pragati Maidan in New Delhi.

Phillips Machine Tools Partners with JFY to Diversify Sheet Metal Processing Offerings

Phillips Machine Tools recently announced a strategic partnership with JFY International to broaden its solution portfolio for metal processing customers.

Mitsubishi Electric India CNC Sets up ‘Me-eye Experience Centre’

Mitsubishi Electric Computerized Numerical Controllers (CNCs) has established the ‘Me-eye Experience Centre’ in Peenya as part of its CNC Technical Centre. This initiative will create Internet of Things (IoT) solutions for the CNC metal cutting industry, such as user applications for mobile phones, PCs, and the web.