News

At the 77th Annual General Meeting (AGM) of Indian Machine Tool Manufacturers’ Association (IMTMA), President Ravi Raghavan set an optimistic tone for the year ahead by highlighting factors favoring India as we aspire to be a US$5 trillion economy and disclosing the positive order book position for machine tools.

Siemens Ltd, a premier technology company, registered a revenue of INR 5,297 crore, a 25 percent increase over the same quarter in the previous year, for the fourth quarter of Financial Year 2023 ended September 30, 2023.

ABB Ltd, a technology leader in electrification and automation, has launched ABB Ability™ SmartMaster, a comprehensive asset performance management platform for verification and condition monitoring of instrumentation and field devices in the water, wastewater, chemical, oil & gas, and other industries in India.

Walter AG, one of the world’s leading metalworking companies, and Gebr Heller Maschinenfabrik GmbH, a machine tool manufacturer, recently entered into a technology and development partnership.

Universal Robots, the Danish manufacturer of collaborative robots (cobots), has announced that it will expand its leading product portfolio with a new 30 kg payload cobot.

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.