News

Mercedes-Benz Commits INR 3,000 Cr Investment in Maharashtra

Bangalore, India – Mercedes-Benz, the German auto giant, plans to invest INR 3,000 crore in Maharashtra, creating employment opportunities in the state, according to Uday Samant, Minister of Industries of Maharashtra.

Siemens to Unveil ‘Empowering the Digital Machine Shop’ Vision at IMTS 2024

Chicago, US – Siemens will present its extensive machine tool CNC portfolio and digitalization software technology at the upcoming IMTS 2024, at booth 133249, in Chicago, September 9-14, highlighted by the digital native SINUMERIK ONE control platform for machining applications.

Imaginarium Invests in Rapid Manufacturing AG to Extend Digital Manufacturing Prowess

Mumbai, India and Zurich, Switzerland – Imaginarium, one of India’s leading multi-speciality digital manufacturing businesses serving industries across healthcare, automotive, aerospace, energy, and robotics, has recently announced an acquisition of a strategic stake in Rapid Manufacturing AG, Switzerland.

HAL Secures Major Defence Contract, Boosts ‘Make in India’ Initiative

Bengaluru, India – Hindustan Aeronautics Ltd (HAL), an Indian public sector aerospace and defence company, has received a request for proposal (RFP) from the Ministry of Defence to procure 156 Light Combat Helicopters (LCH), a move expected to boost the domestic defence manufacturing industry and the Government’s ‘Make in India’ campaign.

Dassault Systèmes’ 3DEXPERIENCE Platform on the Cloud Fuels Mahindra’s Digital Manufacturing Transformation

Velizy-Villacoublay, France – Dassault Systèmes announced that Mahindra & Mahindra, a leader in automotive, farm, and services businesses in India, is advancing its digital transformation by selecting Dassault Systèmes’ 3DEXPERIENCE platform on the cloud to accelerate its end-to-end new product development process.

Phillips Additive, Formlabs Unveil State-of-the-Art ‘Form 4’ 3D Printer

Formlabs and Phillips Additive held a demonstration of the new ‘Form 4’ 3D printer on May 23, 2024, in Gurugram. The event was attended by senior leaders from both Formlabs and Phillips Additive, along with many modern manufacturers who gathered to experience the Form 4 printer. The event also featured a panel discussion with industry experts possessing vast experience in the manufacturing sector.

Dassault, nasscom Herald Dawn of India’s Virtual Twin Age

Dassault Systèmes and nasscom released a report on the adoption and impact of virtual twin technology. The report reveals a two-fold increase in virtual twin implementations post-pandemic. Virtual twin adoption in India could play a crucial role in accelerating the design-to-realization process, helping organizations achieve their sustainability and circularity goals across the value chain.

Tata Steel and Monash University Sign MoU to Develop Next-Gen Sustainable Manufacturing Technologies

Monash University and Tata Steel have signed a Memorandum of Understanding (MoU) to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on global challenges including decarbonization, sustainable resource recovery, and technologies towards smart manufacturing.

ADDiTEC Collaborates with BFW to Redefine the Future of Additive Manufacturing

ADDiTEC, a leading US-based additive manufacturing company, announced a strategic partnership with Bharat Fritz Werner Ltd (BFW), the largest CNC manufacturer in India. This collaboration marks a significant milestone in the field of additive manufacturing, combining the strengths of both companies to develop a groundbreaking Hybrid platform.

Panasonic Partners with Aerem to Offer Financing Solutions for Solar Customers in India

Aerem Solutions, a leading provider of end-to-end solar solutions, and the parent company of NetZero Finance Private Ltd – India’s only RBI-licensed Solar Focus NBFC, have signed a Memorandum of Understanding (MOU) with a leading player in the distributed solar energy sector, Panasonic Life Solutions India Private Ltd (PLSIND).


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