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Syrma Technology Signs Merger Agreement with SGS Tekniks

Syrma Technology & SGS Tekniks leaders in electronic design & manufacturing services for global & domestic OEMs announced a merger agreement. The merger will witness a combined turnover of over ₹1000 crore.

Boston Dynamics Expands Global Sales of Spot Robot

Boston Dynamics expanded commercial sales of Spot, the agile robot that climbs stairs & traverses rough terrain with ease, to the European Union, United Kingdom and Canada. Demand for the robot has surged since its commercial launch.

TVS Motor Company Up its Sales by 22% in October 2020

TVS Motor Company boosted its sales by 22% in Oct 2020. The company exports are up by 33% whereas domestic sales up by 19%. Sales grew by 22% registering 394,724 units in Oct 2020 as against 323,368 units in the month of Oct 2019.

ABB Launches New Series of High-Output Motors

ABB launched a new range of M3BP motors for its industrial customers in India. Offered in 280-355 frame size & output ranging from 75kW to 560kW, these made-in-India process performance motors deliver higher output.

Duroflex to Launch India’s Largest Foam Plant in Indore

Duroflex will launch a mega state-of-the-art foam & mattress manufacturing plant in Indore with the goal of increasing production capacity and expanding business operations nationally. It aims to generate revenue of ₹500 crore by 2023.

FARO Launched its Latest Vantage Laser Tracker 6DOF Probe

FARO Technologies, Inc. announced its next generation Vantage Laser Tracker 6 Degrees of Freedom Probe. The new 6Probe offers exceptional portability and is compatible with FARO VantageS6 and VantageE6 Laser Trackers.

STUDER’s International Positioning Proved its Worth Amidst Pandemic

Fritz Studer AG (STUDER), the world leading supplier of cylinder grinding, has been reasonably resilient in the crisis so far. It has been able to continue production throughout the pandemic at the two Swiss locations, Thun and Biel.

IISc Scientists Find Realistic Methods for Measuring Evaporation

IISc scientists developed a new device that could measure the evaporation rate of a local area in a few minutes. Compared with the existing methods, the device is a more efficient and inexpensive way to measure evaporation.

The Intertraffic Fair has been postponed to 2021

The Intertraffic in Amsterdam has been postponed to March 23 -26, 2021. It is a trade fair for infrastructure, traffic management, security, & parking. The exhibition will have around 800 exhibitors from more than 40 countries.

HERE Technologies & Actility Offer Industrial Asset Management Solution

HERE Technologies and Actility, global leader in IoT connectivity, have partnered to provide a new, cutting-edge IoT tracking service for mapping and location data management based on LoRaWAN® networks.

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