News

ACMA: Auto Components Sector Grows 14 Percent CAGR to Reach US$ 80.2 Billion in FY25

New Delhi, India – Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, announced the findings of its Industry Performance Review for the fiscal year 2024-25.

‘Asian Lubricant Exhibition 2025’ to Spotlight Global Supply Chain Shift Toward Asia

Singapore – With the global lubricants industry still adjusting to the lasting impact of US trade policy enacted during the first presidential term of US President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub.

Synergy Advanced Metals Praises India’s Self-Reliance Drive as Defence Exports Soar 12 Percent

New Delhi, India – Synergy Advanced Metals Ltd applauds the rise in India’s defence exports, which surged by 12.04 percent from the past year, reaching INR 23,622 crore in FY 2024-25, as highlighted in a PIB release dated April 1, 2025.

PrecisionX Group Acquires Hudson Technologies to Bolster Deep Draw Expertise for Critical Sectors

Waterbury, US – PrecisionX Group, a portfolio company of CORE Industrial Partners, recently announced the acquisition of Florida-based Hudson Technologies (Hudson), a manufacturer of mission-critical deep drawn metal components.

Gleason to Bring Full-Spectrum Gear Innovation to EMO Hannover 2025 with Smart Loop Focus

Rochester, US – Gleason Corporation invites customers and industry professionals to visit Booth D18 in Hall 13 at EMO Hannover 2025, from September 22–26.

ANCA Names Raghavendra Koneri as New Branch Manager for India Operations

Melbourne, Australia – ANCA CNC Machines, a global leader in advanced CNC grinding machine solutions, announced the appointment of Raghavendra Koneri as the new Branch Manager for India, effective July 1, 2025.

Daimler Truck Highlights India’s Key Role in Global Growth at Capital Market Day 2025

Cleveland, US – Daimler Truck AG unveiled its evolved global strategy under the theme ‘Stronger 2030’, at its Capital Market Day 2025 in Cleveland.

WIKA India Inks Deal with Quality Council of India to Boost MSME Quality Standards

New Delhi, India – WIKA Instruments India Pvt Ltd proudly announced the signing of a Memorandum of Understanding (MoU) with the Quality Council of India (QCI) at Vigyan Bhawan, New Delhi. The MSME Day was part of the official Government of India programme.

AIFI’s ‘GenNext Entrepreneurs Forum’ Lights the Way for the Next Generation of Forgers

Mumbai, India – The Association of Indian Forging Industry (AIFI), in a landmark initiative set to redefine the future of India’s forging sector, has announced the launch of the GenNext Entrepreneurs Forum, a first-of-its-kind platform in India aimed at nurturing emerging leaders in the forging industry.

Mitsubishi Electric Powers World’s First Sustainable Shredder at S Norton Group

Manchester, UK – Mitsubishi Electric supplies a 3,000 hp frequency inverter for large shredder plant at S Norton Group in Manchester. The S Norton Group has invested £20 million in a brand-new, world-class metal-shredding facility in Manchester, UK.

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