Manufacturing

Schmalz India: Nurturing Talent, Fostering Excellence Hear from Mayura Kunachi, HR Manager, and Philip Mani, Managing Director of Schmalz India, about how the company prioritizes the well-being of its employees, fosters professional development, and cultivates a positive work environment. Prioritizing Employee Well-Being and Work-Life Balance: At Schmalz India, employee well-being is more than just a buzzword; it’s a core value. The company recognizes that a healthy work-life balance contributes to...

Countdown begins to EMO Hannover 2025 The digital registration documents for EMO 2025 are currently being sent out. The world's leading trade fair for production technology is set to celebrate its 50th anniversary at the next event, scheduled for 22 to 26 September 2025 in Hanover. "EMO has been bringing the right people together in the right place at the right time for half a century now. It will be...

German Machine Tool Industry Expands, Engineering Sector Now Leading Customer The German machine tool industry is witnessing a significant shift in its customer base, as the engineering sector overtakes the automotive industry for the first time. According to a recent customer structure survey by the German Machine Tool Builders' Association (VDW), around 27% of the industry's production was supplied to the automotive sector last year, marking a decline of approximately...

HANNOVER MESSE 2025 to Showcase Cutting-Edge Drive Technology and Fluid Power Innovations HANNOVER MESSE 2025 is set to highlight a strong international presence in drive technology and fluid power, with leading manufacturers from Germany and abroad showcasing the latest advancements under the Motion & Drives banner. Scheduled to take place in Halls 4, 5, and 6, the event will serve as a vital platform for companies to demonstrate innovative applications and...

Union Budget 2024 | Reaction from Dr. Sudhir Mehta, Founder and Chairman, EKA Mobility & Pinnacle Industries This Union Budget marks a significant milestone in India's journey toward becoming a $5 trillion economy and solidifies its role as a global growth engine. The government’s comprehensive approach to supporting various sectors, especially MSMEs and start-ups, is commendable. Introducing a credit guarantee scheme for MSMEs, which facilitates term loans without collateral or...

Union Budget 2024 | Reaction from Mahesh Viswanathan, Deputy CEO and CFO, Finolex Cables Ltd. We welcome the employment and manufacturing generation initiatives outlined in the budget. The introduction of a credit guarantee scheme for term loans on machinery and equipment purchases, without collateral or third-party guarantees, is a progressive step that will empower MSMEs to innovate and expand, driving growth and job creation across the nation. Additionally, the exemption of...

Union Budget 2024 | Reaction from Bantwal Baliga, Group CEO, Acquaviva The Union Budget 2024 introduces a pivotal scheme aimed at incentivizing the hiring of first-time employees, a move set to transform the manufacturing sector. This initiative, benefiting 3 million youths and their employers through direct incentives based on Employees' Provident Fund (EPF) contributions over four years, underscores the government's commitment to fostering job creation and nurturing a skilled workforce....

Malaysia Emerges as Strategic Hub for German Machine Tool Industry Amidst the challenges of delivery difficulties, market lockdowns, and logistics bottlenecks faced during the pandemic, the German machine tool industry is strategically expanding its global footprint. A significant move in this direction was marked by the "Innovations in Production Technology – German Machine Tools Symposium," held on July 10, 2024, in Kuala Lumpur. Organized by the VDW (German Machine Tool...

Bajaj Auto Reports Double-Digit Growth in Q1 FY25 Bajaj Auto Limited has reported a strong performance in the first quarter of FY25, showcasing double-digit growth across all key financial metrics, including domestic and export revenue, EBITDA, and PAT. Quarter Highlights are as follows: Revenue from Operations: ₹11,928 crores, marking a 16% year-on-year (YoY) increase driven by robust vehicle sales and record spares revenue. This growth was supported by volume expansion in both...

Cummins India Expands IT Global Competency Center in Pune Cummins India has inaugurated its first IT Global Competency Center (GCC) at its India Office Campus in Balewadi, Pune, Maharashtra. The center was officially opened by Earl Newsome, Vice President and Chief Information Officer of Cummins Inc., Annapurna Vishwanathan, Chief Information Officer of Cummins India, and other senior officials. The establishment of this center is a cornerstone of Cummins’ multi-year IT transformational...

India Poised to Lead Global Circular Economy Transition: Highlights from ICEF2024 The New Delhi Leaders’ Declaration at the G20 highlighted India's increasing influence and aspirations to contribute positively to global governance and stability. India's role in the evolving geopolitical landscape is underscored by its efforts to balance national interests with global responsibilities. This declaration marked a significant milestone in showcasing India's leadership on the global stage, emphasizing the importance of...

Beckhoff Automation India Wraps Up Successful Automation Update 2024 Seminars Beckhoff Automation India has successfully wrapped up its "Automation Update 2024" seminar series. Held in four major cities, these events brought together Beckhoff customers, potential clients, and industry professionals from machine building, automation system integration, IT & OT programming, and end-user businesses. The seminars provided a platform for control system and machine experts to connect with Beckhoff technology experts. Participants engaged...

ABB India supports educational programs in 148 govt schools in Karnataka ABB India today announced the expansion of two educational programs as part of its CSR initiatives to support inclusive and equitable education. These programs, which were being run in 98 schools in Nelamangala, will now also expand to 50 schools in Peenya starting this academic year reaching a total of 148 schools and around 10,000 students from Peenya and...

Triton EV launches “Made in India” Hydrogen Internal Combustion Engine Triton Electric Vehicle LLC, the electric vehicle company headquartered in Cherry Hill, New Jersey-USA, announces the launch of its cutting-edge hydrogen internal combustion engine. “This state-of-the-art technology is developed in India and is poised to transform the automotive industry by providing an eco-friendly zero-carbon emission alternative to traditional gasoline engines, emphasizing performance, efficiency, and environmental sustainability,” the company said. Triton EV's...

Industrial AI Conference enters its second round In the run-up to HANNOVER MESSE 2025, Deutsche Messe AG will be organizing the Industrial AI Conference on 22 January 2025 in Frankfurt, following on from the successful event in 2024. Next year, the AI Conference will be divided into three tracks: Business, Engineering and Deep Tech. “The Industrial Conference will be the ideal platform for exchanging information on the current state of knowledge...