News

GrindingHub 2024 Expands with Over 375 Exhibitors from 28 Countries

GrindingHub, slated to open in six months, is already poised to be bigger and more international, as 375 companies from 28 countries have already secured a place at the trade fair for grinding technology from May 14-17, 2024, in Stuttgart.

WIDMA Launches VT850 Vertical Turning Lathe for Heavy-Duty Applications

WIDMA® Machining Solutions Group of Kennametal India Ltd, a leading manufacturer of metal cutting CNC machines, announced the launch of the VT850, a 2-axis, standard ‘plug-and-play’ vertical turning lathe designed for machining a wide range of large components that require heavy metal removal and unmatched accuracy with best-in-class productivity.

Delhi Government Releases Draft Policy to Boost Electronics Manufacturing

The Delhi Government has introduced the draft Electronic System Design, Manufacturing, and Refurbishment (ESDMR) policy for 2022-27, emphasizing plug-and-play facilities for designers and manufacturers in its pursuit of an electronic city. Earlier, the Industries department declared that a 22.34-hectare area in Baprola industrial area would be transformed into an industrial park.

Italian Manufacturing Association Reports 19.9 Percent Decline in Machine Tool Orders for Q3 2023

UCIMU-SISTEMI PER PRODURRE’s Economic Studies Department & Business Culture Centre reported a 19.9 percent decline in the index of machine tool orders during the third quarter of 2023, in comparison to the July-September 2022 period.

India’s Manufacturing Industry Reports a 36 Percent Increase in Job Openings

India’s manufacturing industry is showing promising growth with a significant 36 percent surge in job opportunities, reinforcing the nation’s commitment to becoming a global manufacturing hub, as per recent data from Indeed, a premier job website.

India’s Electronics Sector Sees 93 Percent Growth in Apprenticeship Demand

India’s electronics manufacturing sector is growing, with 93 percent more apprenticeships in the fourth quarter of FY22-23, according to a report by TeamLease Degree Apprenticeship—India’s first and largest Degree Apprenticeship Programme. The electronics industry is predicted to grow to US$ 400 billion by 2025, and this sector is expected to provide 10 lakh jobs by 2025-2026.

India’s Artificial Intelligence Ambition to Boost Economic Growth

India is gearing up to ride the Artificial Intelligence (AI) wave, with plans to infuse US$ 967 billion into its economy over the next decade. Tasked with framing AI legislation, the Government-appointed expert group outlined a comprehensive roadmap in a 180-page report.

umati Introduced New OPC UA Companion Specification for Metal Forming

Blechexpo invited all experts in sheet metal working to Stuttgart for the exhibition. umati, the joint connectivity initiative of the German Machine Tool Builders’ Association (VDW), and the Mechanical Engineering Industry Association (VDMA) exhibited in the show.

HP and Materialise Partner to Drive Volume 3D Printing

Materialise NV, a global leader in 3D printing software and service solutions, and HP Inc, a global technology leader and creator of solutions for personal computing, printing, 3D printing, and more, announced a strategic partnership to integrate HP’s Multi Jet Fusion and Metal Jet additive manufacturing (AM) technology into the Materialise CO-AM software platform.

UNITED GRINDING Expands Southeast Asia Presence with New Singapore Subsidiary

UNITED GRINDING Group has been present in the Southeast Asian region for many years through representatives and the WALTER EWAG Asia Pacific subsidiary. Now the specialist for grinding, eroding, laser, and measuring machines bundles and intensifies its activities in this region by founding a group subsidiary in Singapore, United Grinding Asia Pacific Pte Ltd.