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Key Demographics of EMO Hannover Visitors The recent relaunch of EMO Hannover after a four-year hiatus proved to be highly successful. EMO Commissioner General Carl Martin Welcker summarized the event as a triumph, highlighting several key strengths such as the global participation of exhibitors and visitors, as well as the platform's ability to showcase cutting-edge technical innovations. The event garnered significant interest from around the world and maintained a favorable...

Sterlite Power acquires Beawar Transmission Limited Project from REC Sterlite Power has disclosed its acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV), from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of Rural Electricity Corporation. Sterlite Power was awarded the project through the Tariff Based Competitive Bidding (TBCB) process in August 2023. The company will construct the Green Energy Corridor project through the Beawar Transmission Limited SPV on...

OMRON Introduces MD-650 Autonomous Mobile Robot for Enhanced Efficiency OMRON, a prominent player in the field of factory automation and Industry 4.0 solutions, has introduced the MD-650 Autonomous Mobile Robot (AMR). This innovative robot offers enhanced operational efficiency within manufacturing facilities. With the introduction of this medium-payload robot, capable of carrying up to 650 kg, OMRON has broadened its range of autonomous robots to cater to a more diverse set...

Addressing Manufacturing's Looming Workforce Crisis In an era where statistics tell a compelling story, the state of the manufacturing sector's workforce shortage becomes starkly evident. According to the Hays Global Skills Index, a shortage of nearly 50,000 engineers currently plagues the industry. To compound this challenge, the German Economic Institute forecasts that, by the end of the decade, the number of STEM professionals retiring will outnumber new graduates entering the...

BKT to showcase its state-of-the-art masterpieces at IME Kolkata Balkrishna Industries Ltd. (BKT), the Indian multinational Group and a leading global player in the Off-Highway tire market will participate in the 10th edition of the International Mining Exhibition (IME) in Kolkata, organized by the MGMI and TAFCON. The event will be held between November 6th and 9th at Eco Park, Rajarhat in Kolkata. The trade fair will provide an excellent...

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira ABB is working in partnership with SMS group, a specialist in plant construction, mechanical and electric & automation engineering for the metals industry, to provide all the MV motors and MV drives for ArcelorMittal Nippon Steel’s new hot strip mill in India. The scope also includes a large number of low voltage (LV) drives....

Aurassure raises Rs. 4 Cr in seed round from Unicorn India Ventures Bhubaneswar-based IoT enabled climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures. “The funds raised will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities,” the start-up said. Aurassure using its powerful...

Metso opens new manufacturing facility in Alwar, Rajasthan Metso has extended its manufacturing capacity of mobile track-mounted crushing and screening equipment in Alwar, India, by opening new manufacturing facilities. After the extension is complete, the total size of the Alwar factory is approximately 3,40,000 square meters (Approx 85 acres), adding 35% more capacity to the factory initially opened in 2008. The Alwar factory has become one of Metso's biggest manufacturing...

igus presents cutting-edge technology at EMO 2023 In addition to the shortage of skilled workers, the machine tool industry faces significant challenges, including high energy costs, mounting cost pressures, and declining incoming orders. To thrive in this demanding environment, companies must enhance their production capabilities while maintaining cost-efficiency. Consequently, igus will showcase cutting-edge technologies at EMO 2023, designed to alleviate these challenges. These technologies include user-friendly, cost-effective robots, an online...

EMO Hannover opens; 1,850 exhibitors from 42 countries participating EMO Hannover officially opens its doors today after a four-year break. "Some 1,850 exhibitors from 42 countries will be showcasing their latest machines, solutions and services for industrial production at the world's leading trade fair for production technology," says Carl Martin Welcker, General Commissioner of EMO Hannover at the opening press conference. "EMO is the hub of the international industry for...

OMRON Device & Module Solutions Business Charts Out Strategy for Growth in India OMRON Device & Module Solutions business, a leading provider of electronic components, has announced its strategic growth plan for India. Focused on four key growth domains, the company aims to strengthen its presence via working together with market & technology leaders to create advanced solutions catering to varied industry needs in these domains. The growth domains charted out...

PM lays foundation stone for Rs. 49,000 Cr petrochem project in MP Prime Minister Narendra Modi laid the foundation stone for Rs. 49,000 crore petrochemicals project at Bharat Petroleum Corporation Ltd's (BPCL) Bina Refinery in Madhya Pradesh. The Project involves increase in BPCL’s Bina Refinery capacity from 7.8 MMTPA to 11 MMTPA. “The entire project will be completed in 5 years and will save Forex outgo of Rs. 20,000 crores per...

eTrans Solutions acquires Ranet4u, aims Rs. 100 Cr turnover in 3 years eTrans Solutions Pvt Ltd, a Kolkata-based e-logistics, fleet management solutions company, recently completed the acquisition of Bengaluru based Telematics and IoT company Ranet4u - a subsidiary of Rane Holdings. As per the acquisition agreement, Rane Holdings. has been allotted 8,62,505 (Eight lakhs sixty two thousand five hundred and five) Equity Shares having face value of Rs.10/- each, in exchange...

Tisva launches its first store in Kolkata Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata. Inaugurated by movie star Rituparna Sengupta, this lighting studio is a one-stop shop for all things lighting – from basic to high-end, from minimalistic to opulent, as well as luxury and architectural lighting solutions, and...

Serentica bags Rs. 2,600 Cr funding from PFC for its RE projects in Karnataka Serentica Renewables, a leading C&I focused renewable energy developer in India, announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The company has secured the entire debt funding of Rs. 2,600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). Commenting on the financial...