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German machine tool industry expecting decline in production According to VDW (German Machine Tool Builders' Association), bureaucracy and skills shortages putting additional strain on businesses In 2024, the German machine tool industry is expecting production to decline by almost 3 percent to EUR 14.8 billion in nominal terms. "A nominal record volume of 17.0 billion euros was posted in 2018/2019, and five years later, there is still no sign of this...

GODI India gets LFP BIS Certification for Indigenous Li-ion Cells GODI India, a Hyderabad-headquartered lithium-ion cell R&D and manufacturer backed by Blue Ashva Capital and Graphite India Ltd, announced its groundbreaking achievement as the first Indian company to secure LFP BIS certification for its revolutionary Lithium Iron Phosphate (LFP) Li-ion cells in the presence of the Telangana Chief Minister Revanth Reddy at the World Economic Forum, Davos. “This noteworthy certification, conforming...

ABB Robotics, Simpliforge Creations to advance 3D printing for India’s construction sector ABB Robotics and Simpliforge Creations, an additive manufacturing solutions company, are collaborating to strengthen and advance 3D Printing technologies for the Indian construction sector. The collaboration will enable construction companies to build structures faster, more sustainably and safely. The technology has the potential to transform the construction landscape across industrial, defense, commercial and residential sectors- especially disaster affected...

Carl Zeiss India redefines manufacturing standards at IMTEX FORMING 2024 ZEISS, a leading provider of measurement solutions, announces its participation in IMTEX Forming 2024, where its Industrial Quality Solutions (IQS) division of Carl Zeiss India (Bangalore) Pvt. Ltd. showcasing the latest technologies poised to transform the manufacturing landscape in India. Renowned for its innovation and unwavering commitment to quality, ZEISS’ IQS division is set to revolutionize accessibility to high-end devices...

Visit Beckhoff Automation at IMTEX Forming 2024 | Hall 5, Stall C 122 Are you planning to attend IMTEX FORMING 2024, the international exhibition for machine tools and manufacturing technology? If so, we encourage you to visit Beckhoff's booth to explore their new automation technology product. Here, Ajey Phatak, Country Manager Marketing, Beckhoff Automation India, extends an invitation to IMTEX Forming 2024 attendees. Discover the latest advancements in control and motion...

MMRDA signs MoU with Netherlands Govt. at World Economic Forum MMRDA has signed an MoU with the Ministry of Infrastructure and Water Management, Government of Netherlands to enforce sustainable urban development in the MMR at the World Economic Forum, Davos 2024. “This Joint Declaration was envisioned to promote cooperation between MMRDA and the Government of the Netherlands in relation to guiding the sustainable development of the MMR. The Joint Declaration entails...

Continental Tires hosts its first Track Day in Chennai Continental Tires held an exclusive Track Day in Chennai, showcasing its latest developments in tire engineering, safety, and performance. The event allowed participants to try out its newly launched Cross Contact H/T, and see its Intelligent Tyres for trucks and buses in action instead of a mere demonstration of its product range. Cross Contact H/T. The CrossContact H/T (H/T = Highway/Terrain), launched...

Power Minister RK Singh inaugurates DistribuELEC 2024 in Mumbai Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the apex association of the Indian electrical equipment manufacturing industry, launched the 6th edition of its flagship event DistribuELEC and IntELEC with the 3rd Edition of BuildELEC (BID) 2024. The three-day event, scheduled from 16 - 18 January, was inaugurated by the Union Minister of Power, New & Renewable Energy R K Singh in Mumbai. This...

First Solar Inaugurates 3.3 GW Manufacturing Facility in Tamil Nadu First Solar inaugurated its new facility in Tamil Nadu on Thursday, the country’s first fully vertically integrated solar manufacturing plant, which has an annual nameplate capacity of 3.3 GW. Inaugurating the facility, Dr T R B Rajaa, Tamil Nadu’s Minister for Industries, Promotions and Commerce, said, “We are pleased that First Solar chose Tamil Nadu for this landmark investment, solidifying our...

Mahindra Susten Achieves ‘Water Positive Certification’ for 100% Operating Portfolio Mahindra Susten, a leading renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognizes Susten's commitment towards planet-positive initiatives and water resource conservation. This...

Meghalaya inks MoU with OTPC to harness state’s hydropower potential The Government of Meghalaya has joined hands with ONGC Tripura Power Company Ltd (OTPC), signing a Memorandum of Understanding (MoU) to tap into the abundant hydro power potential in the state. Commenting on the occasion, Meghalaya’s Power Minister Abu Taher Mondal, said, “The signing of the MOU is a milestone in our commitment to harnessing Meghalaya's hydro power potential, paving the...

PM inaugurates Vibrant Gujarat Global Summit Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar today. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organizations. The Summit is also being...

LIBF Expo 2024 to kick-start on Jan 18 in Gandhinagar Lohana International Business Forum Expo 2024 to attract more than 200 exhibitors from 30 countries The first edition of LIBF (Lohana International Business Forum) Expo 2024 is scheduled to be held from 18 to 21 January, at the Helipad Exhibition Centre in Gandhinagar, Gujarat. The LIBF Expo 2024 will offer participants a global platform to present their diverse range of products and...

ReNew to sell 300 MW solar project in Rajasthan to IndiGrid for $199 Mn ReNew announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust (IndiGrid) to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited - for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately $8 million is...

Deutsche Messe invites entries for HERMES AWARD 2024 Deutsche Messe is once again inviting entries for the HERMES AWARD – the world's most important industrial prize. It will be presented by Germany's Minister of Education and Research, Bettina Stark-Watzinger, at the opening ceremony of HANNOVER MESSE on 21 April. The deadline for companies and institutions participating in HANNOVER MESSE to submit their entries for this prestigious prize is 21 February....