Manufacturing

NORTEC to be held on 3 - 5 Feb 2026 After intensive evaluations, inquiries and discussions with a large number of exhibitors, the date of the trade fair in 2026 has now been fixed. NORTEC will be held at the Hamburg Trade Fair Center from 3 to 5 February 2026. The new date for NORTEC was carefully selected in order to take account of the requirements of the exhibitors and trade...

AceMicromatic aims $1bn revenue by 2030 AceMicromatic Group aims to achieve US$1 billion in revenue by 2030, informs Amit Goel, AGM Zonal Head - North, Micromatic Machine Tools while talking to mojo4industry on the sidelines of AMTEX 2024, New Delhi. AceMicromatic is a leader in the machine tools industry, focuses on manufacturing CNC turning, milling, and grinding machines along with subsystems like tool turrets and productivity monitoring solutions. Since 1979, the...

OMRON partners with Neura Robotics to develop & deploy cognitive robots OMRON Robotics and Safety Technologies Inc., a global leader in industrial robotics and automation, and Neura Robotics, a global pioneer in cognitive robotics announced their strategic partnership to develop and deploy cognitive robots into factory automation, leveraging advanced AI capabilities to enhance efficiency, flexibility, and safety. Unlike traditional industrial robots, cognitive robots have the ability to learn from their environment,...

ABB India sets up smart center for electrician training in Faridabad, Haryana ABB India today announced the establishment of a smart center for electrician training in Faridabad, Haryana. This initiative was launched in partnership with the Electronics Sector Skills Council of India (ESSCI) in the presence of Sujeet Gusain, Location Industrial Relation Manager, Faridabad, ABB India; Saroj Apato, Vice-President, ESSCI; Rajeev Singh, AGM and Dr. Abhilasha Gaur, CEO, ESSCI, along...

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....

Buy Hybrid Cars in UP; Pay Zero Registration Fees In a landmark decision aimed at fostering eco-friendly transportation, the Uttar Pradesh government has introduced a 100% waiver on registration fees for hybrid vehicles. This initiative is part of the state's broader efforts to promote sustainable mobility and reduce carbon emissions. The waiver will be applicable until October 2025, offering a significant incentive for those considering the purchase of hybrid vehicles. Impact...

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...