News

Toyota Kirloskar Motor Announces New Investment in Maharashtra with MoU Signing

Mumbai, India – Toyota Kirloskar Motor (TKM), reaffirming a strong commitment to India, recently signed a Memorandum of Understanding (MOU) with the Government of Maharashtra to examine the setting-up of a Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar.

Countdown to EMO Hannover 2025 Begins

Frankfurt am Main, Germany – EMO 2025 digital registration documents are currently being sent out. The world’s leading trade fair for production technology is set to celebrate its 50th anniversary at the next event, scheduled for September 22-26, 2025, in Hanover.

German Machine Tool Industry Sees Growth in Engineering Sector

Frankfurt am Main, Germany – The German machine tool industry supplied around 27 percent of its production to the automotive industry and its suppliers last year, according to the latest customer structure survey conducted by the VDW (German Machine Tool Builders’ Association) among its members.

AI and Big Data Adoption Among SMEs Grows

New Delhi, India – The adoption of AI and ML among SMEs is steadily increasing, with significant strides being made in the IT/ITeS, Healthcare, and BFSI sectors, according to the new ‘SME Digital Insights’ study by Tata Tele Business Services (TTBS) and Cyber Media Research (CMR).

Nidec Signs MOU with Tata Elxsi to Boost Global Software Capabilities

Bengaluru, India and Kyoto, Japan – Nidec Corporation recently announced that it has executed a memorandum of understanding (MOU) on July 22, 2024, with India’s Tata Elxsi Ltd, a design and technology service provider.

Zeller+Gmelin Unveils Cutting-Edge Lubricants and Additives at Automechanika 2024

Eislingen, Germany – Zeller+Gmelin, the lubricant experts, are back at this year’s Automechanika and can be found at two trade fair stands: Hall 9.0 at Stand F61Z and in Hall 12.0 at Stand C61.

Indian Auto Component Industry Surges, Records INR 6.14 Lakh Cr Turnover in FY 23-24

New Delhi, India – The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, announced the findings of its Industry Performance Review for the fiscal year 2023-24.

Zen Technologies Unveils Futuristic Defence Technologies, Raises the Bar for Innovation

Hyderabad, India – Zen Technologies Ltd, a Hyderabad-headquartered startup that designs and manufactures combat training and counter-drones, has launched several innovative products for the global defence market.

Tata Elxsi, Wind River Partner for Cutting-Edge Software-Defined Vehicle Development

Bengaluru, India and Alameda, US – Wind River®, a global leader in delivering software for the intelligent edge, recently announced that Tata Elxsi, a global leader in technology and design services, will leverage Wind River Studio Developer to accelerate its DevSecOps process

Phillips Revolutionizes Small Part Machining with Compact, ‘Made in India’ PCM 220

Pune, India – Phillips Machine Tools announced the launch of its groundbreaking compact CNC milling machine, the PCM 220. Designed and developed entirely in India, this state-of-the-art VMC (Vertical Machining Center) is poised to transform the landscape of small part machining, particularly within the Indian MSME (Micro, Small, and Medium Enterprises) and SME (Small and Medium Enterprises) sectors.

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