News

Bangalore, India – JJG Aero Pvt Ltd, a Bengaluru-based aerospace components manufacturer, has secured US$ 12 million (INR 100 crore) in inaugural funding from CX Partners.

Kolkata, India – As per Engineering Export Promotion Council (EEPC) India, a trade and investment promotion group for the engineering industry, India’s engineering exports to Russia have doubled to US$ 1.22 billion as of February in the fiscal year 2023-24, up from US$ 616.68 million the previous year.

Leuven, Belgium – Materialise NV, a global leader in 3D printing and additive manufacturing solutions, expands its additive manufacturing portfolio with the introduction of Polyamide 12S (PA 12S), Polyamide 11 (PA 11) for Multi Jet Fusion, and Carbon Fiber Reinforced Polyamide (PA-CF) for fused deposition modeling.

Pune, India - Zimmer Group has announced the opening of its newest production facility in Kikvi, near Pune, India. The opening ceremony, which will take place on April 16, 2024, symbolizes a decisive step in the company’s internationalization strategy and reflects its continuous growth.

Navi Mumbai, India – Markforged, a leader in additive manufacturing technology, has unleashed ‘The Beast,’ which is all set to transform the manufacturing world with its unprecedented capabilities, with the grand launch of its biggest and fastest 3D Printer, the FX20. Launched in collaboration with Phillips Additive, the FX20 was recently unveiled at the Additive Manufacturing Summit 2024, held at The Park in Bengaluru, India, on March 20, 2024.

Germany - HANNOVER MESSE’s one highlight will be the Application Park this year. There, it will be possible to view intelligent robot systems, autonomous driving devices in operation, the latest AI applications in robotics, image recognition tools and virtual platforms.

Jamshedpur, India –TCPL Green Energy Solutions Pvt Ltd (TCPL GES), a wholly owned subsidiary of Tata Cummins Pvt Ltd (TCPL), a 50:50 joint venture of Tata Motors Ltd and Cummins Inc, USA, inaugurated a new state-of-the-art manufacturing facility to produce hydrogen-based Internal Combustion Engines for Medium and Heavy Commercial Vehicles and other low- to zero-emission technology products in India.

Delhi/Mumbai, India and Brussels, Belgium – Naxnova (formerly known as Classic Stripes), a design and technology company and one of the leading industry leaders in surface augmentation, announced the acquisition of Quad Industries Belgium, a prominent player in the printed electronics sector, for INR 90 crore (approximately € 10 million).

Bengaluru, India – India’s recent decision to slash import taxes on specific electric vehicles has stirred excitement, especially within the corridors of Tesla Inc, an American multinational automotive and clean energy company.

New Delhi, India – The Ministry of Defence (MoD), Govt of India, has signed five major contracts worth INR 39 000 crore (US$ 4.7 billion) to further the ‘Make in India’ initiative in the defence sector.