News

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.

Gurugram, India – Sona BLW Precision Forgings Ltd (Sona Comstar), one of the leading global providers of automotive technology solutions, recently announced the achievement of two remarkable production milestones.

Bengaluru, India – As India targets a US$ 7 trillion economy by 2030, increasing female participation in manufacturing becomes imperative. Currently at 25 percent, India’s female labor force participation rate needs to reach 50 percent to elevate GDP growth by 1 percent, as per World Bank estimates.

New Delhi, India – Sterling Generators Pvt Ltd, a part of Sterling and Wilson Pvt Ltd., one of India’s leading engineering, procurement, and construction (EPC) companies, announced that it has recently signed an agreement with Tecnicas Reunidas SA, one of the world leaders in engineering and construction in the energy sector.

The Spanish Hardware and Industrial Supply Cluster (ESKUIN) member companies, which comprise hand tool and metalwork manufacturers, recorded a joint turnover of € 455 million at the close of 2023, a record-breaking increase of 2.8 percent over 2022.

Frankfurt am Main, Germany – Which highlights are definitely a must-see for visitors to GrindingHub 2024? The answer came from 14 exhibitors at an exclusive preview on March 21.

Donostia-San Sebastián, Spain – AIMHE’s (Asociación de Importadores de Máquina-Herramienta—a Spanish Association of machine tool importers and AFM Cluster) General Shareholder’s Meeting held at the BEC (Bilbao, Spain) witnessed the associated companies re-electing José Ignacio Ortiz de Urbina to continue his duties as President for the next two years.

Ditzingen, Germany – In future, manufacturers of electric car batteries could further improve the durability and performance of electric car batteries with compact X-ray sources. The XProLas development partnership has now started to develop these laser-driven X-ray sources under the leadership of TRUMPF.

Igenhausen, Germany – Haimer Group becomes a 25 percent shareholder in WinTool AG and agrees on a strategic partnership with the TCM Group, which grants HAIMER global distribution rights to WinTool and Toolbase. Prior to the decision to acquire this stake in the company, WinTool and Toolbase were introduced in the company's own production facilities and tested in continuous use, proving their worth in a very short period of time.

Chennai, India - Danfoss India Pvt Ltd, a global leader in sustainable and energy-efficient solutions, continues its commitment to bolstering India’s educational infrastructure.