News

To celebrate innovation in power transmission, Bonfiglioli Transmission Pvt Ltd, an Indian subsidiary of the leading company Bonfiglioli Riduttori SpA, held a ceremonious inauguration of their state-of-the-art facility situated in Pune, India.

Sandvik Coromant India, a metal cutting and machine tools expert, has hosted an event in collaboration with the Lila Poonawala Foundation, a non-profit organization helping young women in India fulfill their career aspirations.

Traffic gives rise to high levels of particulate emissions, especially in cities. Too high, in the opinion of the EU Commission, which is pushing for significant reductions by introducing the Euro 7 emissions standard.

Beckhoff Automation India recently sponsored a series of highly successful seminars held by the EtherCAT Technology Group (ETG), Germany.

Siemens Digital Industries Software, an innovation leader in automation and digitalization, announced that Red Bull Ford Powertrains, a Formula One power unit manufacturer owned by Austrian Red Bull GmbH, has leveraged the Siemens Xcelerator portfolio of industry software to rapidly develop the next generation hybrid ICE/electric driven Power Unit (PU) for the Formula 1 2026 racing season.

Robot System Products (RSP) AB, a spinoff company of ABB Ltd and a global leader in high-performance industrial robot accessories, has announced plans to set up a subsidiary in India.

The German machine tool industry experienced a 9 percent decrease in nominal terms for orders received in the third quarter of 2023 compared to the same period last year.

In an event held at Lonavala recently, Kirloskar Oil Engines recognized the outstanding contribution of Forms and Gears, one of India's oldest and best reputed Fixture building companies.

TRUMPF Group, a high-tech company, recorded a significant 27 percent increase in sales to € 5.4 billion (fiscal year 2021/22: € 4.2 billion) at the close of the fiscal year 2022/23 on June 30, 2023—the highest sales revenues in the company's 100-year history to date. The order intake again exceeded the € 5 billion mark, but at € 5.1 billion, it fell noticeably short of the previous record level (fiscal 2021/22: € 5.6 billion).

Nikon SLM Solutions AG and Materialise NV, both global leaders in 3D printing technologies, unveil a collaborative venture to cultivate the ensuing generation of Materialise build processors (BP) tailored for Nikon SLM Solutions printers, seamlessly integrating them into the Materialise CO-AM platform.