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MPS Micro Precision Systems AG (MPS) uses grinding processes for demanding high-precision components in IT02 tolerance ranges on a global scale. With a total of seven Studer grinding machines, the company has unrivaled cylindrical grinding expertise

The Semiconductor Industry Association (SIA), the leading trade association representing the US semiconductor industry, recently signed a Memorandum of Understanding (MoU) with the India Electronics and Semiconductor Association (IESA), the premier trade group representing India’s semiconductor and electronics systems design and manufacturing industry, to foster collaboration and identify potential opportunities in the semiconductor sector.

Addverb Technologies, an Indian robotics company, is establishing a new manufacturing facility in Noida following a recent US$ 132 million Series B round led by Reliance Industries, as well as the company’s global expansion into the United States, Singapore, Europe, and Australia markets. This new factory will position the company as the world’s largest manufacturer of robots, as well as provide capacity for future growth.

Transforming through innovation with ANCA’s AIMS: The future factory is efficient, automated, and operational 24 hours a day, seven days a week.

Frost & Sullivan’s recent analysis, ‘Global Machine Vision Growth Opportunities’, finds that rising demand for automation across industries to improve operations and productivity is boosting the global machine vision market.

Grind Master Machines Pvt Ltd, the pioneering and leading manufacturer of automatic deburring, grinding, and superfinishing machines, recently received the prestigious GITA National Award, which is instituted by the Government of India (GoI), Department of Science & Technology (DST), and Technology Development Board (TDB).

Tool Alliance, a US cutting tool manufacturer, celebrated 50 years of highly successful business recently.

Reliance New Energy Ltd, a wholly owned subsidiary of Reliance Industries Ltd, recently signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV for a total transaction value of US$ 61 million, including funding for future growth, to further strengthen its cell chemistry technology leadership and accelerate the setting up of multi-gigawatt-hour scale battery manufacturing in India.

Natural Battery Technologies, a leading Lithium-Ion Battery manufacturer in India based in Rajasthan, is actively developing high-performance batteries with enhanced safety features.

PRAMA India Bags ‘Tech-SME of the Year’ Award at ASSOCHAM’s 8th MSMEs Excellence Awards Ceremony and Summit held recently in New Delhi. Speaking at the Summit, Narayan Tatya Rane, Minister of Micro, Small and Medium Enterprises (MSMEs), stated that the MSME sector plays an important role in nation-building, regional balance, economic contribution, and job creation.