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Industry Segments Online News Updates

00:06:49
Industry Segments Online News Updates

AceMicromatic aims $1bn revenue by 2030

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...
Manufacturing

OMRON partners with Neura Robotics to develop & deploy cognitive robots

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,...
Electrical & Power

ABB India sets up smart center for electrician training in Faridabad, Haryana

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...
Healthcare

Healthium Medtech appoints Sudeep Dhariwal as Group CFO

Healthium Medtech appoints Sudeep Dhariwal as Group CFO Healthium Medtech has announced the appointment of Sudeep Dhariwal, as their new Group Chief Financial Officer. Sudeep joins Healthium Medtech after a successful stint at Danaher - Cepheid, where he was the Vice President - Finance, for APAC. “As Healthium continues to expand their access to a fast growing Indian and diversified international market, Sudeep will be managing the entire gamut of finance,...
Manufacturing

Schmalz India: Nurturing Talent, Fostering Excellence

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...
Electrical & Power

Bosch Building Technologies launches ‘Made in India’ FLEXIDOME cameras

Bosch Building Technologies launches ‘Made in India’ FLEXIDOME cameras The new assembly line at Naganathapura in Bengaluru strengthens Bosch India’s commitment to localization and customer centricity Bosch Building Technologies, a supplier of innovative safety and security solutions, launches its India assembly line for video systems and solutions with FLEXIDOME IP Starlight 5000i cameras. This strategic initiative reaffirms Bosch India’s continued focus on localization, cementing its presence across product verticals. “The assembly line...
Manufacturing

Countdown begins to EMO Hannover 2025

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...
Construction

Indian Construction Industry Leads Asia-Pacific in Digital Transformation: Autodesk Report

Indian Construction Industry Leads Asia-Pacific in Digital Transformation: Autodesk Report The Indian construction industry is spearheading the digital revolution in the Asia-Pacific region, according to the latest findings from Autodesk's State of Digital Adoption in the Construction Industry 2024 report, developed in collaboration with Deloitte. The comprehensive survey, which included insights from 933 construction firms across six major markets—Singapore, Australia, Japan, India, Malaysia, and Hong Kong—revealed a significant uptick in...
Electrical & Power

Schneider Electric collaborates with Water Resources Department, Maharashtra

Schneider Electric collaborates with Water Resources Department, Maharashtra Schneider Electric announced its collaboration with Water Resources Department, Maharashtra to sensitize officials on modernizing water and wastewater (WWW) management using the latest digital technologies. “With this strategic partnership with the Government of Maharashtra, Schneider Electric has reaffirmed its commitment to championing responsible water management,” the company said issuing a statement. As part of this collaboration, the company aims to drive awareness among...
Electrical & Power

Unlocking the Potential of Smart Meters in India

Unlocking the Potential of Smart Meters in India At the 4th Edition of the Smart Meter Summit 2024, organized by AAYERA in New Delhi, industry experts discussed various aspects of smart meter deployment utilizing advanced technologies. In today’s evolving energy sector, smart metering is emerging as a game-changer in optimizing electricity management. Smart electrical meters provide real-time data that allows utilities to better monitor, manage, and respond to electricity usage patterns. This...
Manufacturing

German Machine Tool Industry Expands, Engineering Sector Now Leading Customer

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...
Electrical & Power

Gruner Renewable Energy Secures $60 Million to Expand Compressed BioGas Projects

Gruner Renewable Energy Secures $60 Million to Expand Compressed BioGas Projects Gruner Renewable Energy, a prominent player in India's sustainable biogas sector, has announced that it has secured US$ 60 million in funding. This substantial investment is set to accelerate the company's expansion of Compressed BioGas (CBG) plants nationwide, aligning with India's push towards energy independence and sustainability. Utkarsh Gupta, Founder & CEO of Gruner Renewable Energy, highlighted the critical role...
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Electrical & Power

How Maharashtra Will Power Data Centres?

How Maharashtra Will Power Data Centres? Data centers consume about 3% of the world's electricity, and this substantial energy consumption is expected to increase as more data is stored and processed, leading to the establishment of more data centers. Notably, Mumbai is home to nearly half of all data centers in India. In 2023, Mumbai emerged as the third-largest data center market in the Asia-Pacific region, with a total capacity of...
Electrical & Power

Tata Power Solar and BOI Forge Alliance for Green Financing

Tata Power Solar and BOI Forge Alliance for Green Financing Tata Power Solar Systems Limited (TPSSL), a leading name in India's renewable energy sector and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced a strategic partnership with the Bank of India (BOI). This collaboration aims to streamline financing options for rooftop solar installations and electric vehicle (EV) charging stations, marking a significant milestone in India's journey...
Electrical & Power

Union Budget 2024 | Reaction from Niranjan Nayak, MD, Delta Electronics India

Union Budget 2024 | Reaction from Niranjan Nayak, MD, Delta Electronics India The Union Budget 2024-25 presents a compelling vision for a thriving 'Viksit Bharat.' We at Delta are particularly encouraged by the government's comprehensive approach that prioritizes skilling, infrastructure development, and digital transformation. The focus on creating a skilled workforce through internship programs aligns perfectly with our own commitment to nurturing talent and driving innovation. We also applaud the budget's...
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