News

Bengaluru and Mumbai, India – Autodesk and Indian Institute of Technology Bombay (IIT Bombay) signed a Memorandum of Understanding (MoU) to foster skills development in the next generation of engineers, designers, and innovators, preparing them for success in design and make industries.

Frankfurt am Main, Germany – German machine tool industry’s orders received in the third quarter of 2024 were 16 percent down on the same period last year. Orders from Germany fell by 17 percent, whereas those from abroad dropped by 15 percent.

Bengaluru, India –  The Foundation for Science, Innovation and Development (FSID) at IISc has launched Pravriddhi, a pan-India Product Accelerator Program that unites premier Indian institutions and enterprises to develop innovative solutions through strategic partnerships and cutting-edge R&D.

Hyderabad, India – TakeMe2Space, a space technology firm based in Hyderabad, announced the forthcoming launch of MOI-TD (My Orbital Infrastructure - Technology Demonstrator), India’s first AI lab in space.

Stuttgart, Germany – NORTEC’s expanded trade fair advisory board met recently and is looking forward with anticipation to the industry event.

New Delhi, India – ACMA Mobility Foundation (AMF), an initiative of the Automotive Component Manufacturers Association of India (ACMA), signed a Memorandum of Understanding (MoU) with Fraunhofer-Gesellschaft, Germany, to foster cutting-edge research and development (R&D) collaboration for India’s auto component industry.

Miamisburg, US – UNITED GRINDING Group intends to acquire the GF Machining Solutions Division (GFMS) of Georg Fischer AG (GF), Schaffhausen (Switzerland).

Kennametal India Ltd announced the appointment of an experienced business leader and former Managing Director of 3M India Ltd, Amit Laroya, as the Company’s Non-Executive Chairman.

Delhi, India – KeenSemi, a leading semiconductor design consultancy, faces one of the industry’s most pressing challenges: the shortage of skilled technical talent.

Bengaluru, India – CynLr (Cybernetics Laboratory), an Indian DeepTech Robotics Startup, has raised US$ 10 million in a fresh round of Series A funding led by Pavestone and Athera Venture Partners (formerly Inventus India), bringing its total funding to US$ 15.2 million.