[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":3,"article-spanish-machine-tool-sector-face-more-challenges-in-2020":142,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4,"links":79,"meta":84},[5,13,19,25,31,37,43,49,55,61,67,73],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},"Covestro, EMPTECH Partner on High-Security ID Solutions ","covestro-emptech-partner-on-high-security-id-solutions","Covestro and EMPTECH join forces to develop high-security ID document solutions, combining advanced material science with personalization technology.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcovestro-emptech-partner-on-high-security-id-solutions.jpg","2026-05-25T00:53:14+05:30","MWM Desk","News",{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},"Castrol India Appoints Anoop Jindal as Vice-President B2B Sales","castrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales","Castrol India elevates Anoop Jindal to Vice President of B2B Sales for OEM & South Asia, effective June 2026. Discover his impact.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcastrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales.jpg","2026-05-24T21:06:54+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"Exel Composites, De Angeli Prodotti Advance European Grid Modernization   ","exel-composites-de-angeli-prodotti-advance-european-grid-modernization","Discover how Exel Composites and De Angeli Prodotti are upgrading aging European power grids using innovative carbon fiber tech to double transmission capacity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fexel-composites-de-angeli-prodotti-advance-european-grid-modernization.jpg","2026-05-24T18:05:23+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"Man Industries Completes US$ 102M Acquisition of Saudi Pipe Manufacturer NPC","man-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc","Man Industries expands its global footprint with a US$ 102M acquisition of Saudi-based National Pipe Co. Read the full details here.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fman-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc.jpg","2026-05-24T15:14:33+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"VDMA India Members Expect Sustained Revenue Growth in India","vdma-india-members-expect-sustained-revenue-growth-in-india","VDMA India’s latest survey reveals robust growth for machinery firms. Explore how domestic demand and industrial policy are driving success.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fvdma-india-members-expect-sustained-revenue-growth-in-india.jpeg","2026-05-24T14:44:59+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Advait Energy Transitions, TECO Fuel Cell Technology Sign MoU at India-Nordic Summit","advait-energy-transitions-teco-fuel-cell-technology-sign-mou-at-india-nordic-summit","Advait Energy Transitions and Norway’s TECO Fuel Cell Technology sign a landmark MoU to manufacture hydrogen fuel cells in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FEsiBQ6tM9acM3NhWbEl0.jpeg","2026-05-19T23:27:04+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"AITMC Ventures Inaugurates Phase-1 of INR 80Cr Drone City Haryana","aitmc-ventures-inaugurates-phase-1-of-inr-80cr-drone-city-haryana","AITMC Ventures inaugurates Phase-1 of Drone City Haryana, an INR 80Cr initiative boosting indigenous drone manufacturing and R&D for the region.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fudw4rD4lORFz47MDq3Vy.jpeg","2026-05-19T18:31:29+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"Cyient DLM Names Ramakanth Alapati President & Chief Strategy and Growth Officer","cyient-dlm-names-ramakanth-alapati-president-and-chief-strategy-and-growth-officer","Cyient DLM appoints Ramakanth Alapati as President and Chief Strategy and Growth Officer to spearhead global expansion and innovation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FCxlhu5wFh5RMqPFib0B6.jpg","2026-05-19T17:44:09+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"Sahasra Semiconductors Inaugurates Rajasthan’s First Semiconductor Plant","sahasra-semiconductors-inaugurates-rajasthan-s-first-semiconductor-plant","Rajasthan marks a historic milestone as Sahasra Semiconductors opens the state's first semiconductor plant, boosting India’s electronics manufacturing.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F2Y5NyMBkuwylxS5RkPZx.jpg","2026-05-18T19:28:14+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"Atomgrid Opens Bengaluru R&D Center After US$ 7M Raise","atomgrid-opens-bengaluru-rd-center-after-us-7m-raise","Atomgrid launches a state-of-the-art R&D center in Bengaluru following a US$ 7M raise, positioning India as a global specialty chemicals hub.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F7pC95kkm67dLMQDj1WoB.jpeg","2026-05-17T16:14:24+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"BRF Hosts National Conclave on Atmanirbharta in Defence","brf-hosts-national-conclave-on-atmanirbharta-in-defence","Discover how India’s defence sector is driving self-reliance through MSME participation, as experts discuss key opportunities for indigenous growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FppUAwkXnpHfEvYlHVu9n.jpeg","2026-05-17T15:17:44+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Shyam Metalics Reports Strong Q4 FY26; Approves INR 2,700 Cr Growth Capex","shyam-metalics-reports-strong-q4-fy26-approves-inr-2700-cr-growth-capex","Shyam Metalics reports a stellar Q4 FY26 with a 27% revenue jump and approves INR 2,700 Cr for strategic capacity expansion in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fpb7Cz4SGDGCoqTsvPoHG.jpg","2026-05-16T12:54:40+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=118",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,118,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"&laquo; Previous",false,{"url":80,"label":92,"page":85,"active":93},"1",true,{"url":83,"label":95,"page":96,"active":90},"2",2,{"url":98,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=3","3",3,{"url":102,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=4","4",4,{"url":106,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=5","5",5,{"url":110,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=6","6",6,{"url":114,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=7","7",7,{"url":118,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=8","8",8,{"url":122,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=9","9",9,{"url":126,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=10","10",10,{"url":82,"label":130,"active":90},"...",{"url":132,"label":133,"page":134,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=117","117",117,{"url":81,"label":136,"page":86,"active":90},"118",{"url":83,"label":138,"page":96,"active":90},"Next &raquo;","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1412,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},61,"Spanish Machine Tool Sector Face More Challenges in 2020","spanish-machine-tool-sector-face-more-challenges-in-2020","Discover how the Spanish machine tool sector is navigating 2020. AFMEC reports revenue drops and industry challenges amid global pandemic shifts.","\u003Cp>\u003Cimg style=\"float: left\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FAFM Asamblea 11.jpg\" alt=\"\" width=\"168\" height=\"252\" \u002F>AFM cluster member association AFMEC (Spanish Association of Machining and Metal-Mechanical Transformation) a representative body for 183 member companies forecast for the 2020 financial year indicates a reduction in revenue of around 30%-35%, coupled with concerns as to what is in store in 2021, influenced from the effects of Covid-19. &nbsp;\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left\">With most industry sectors affected, the activity of important domains such as the automotive and aeronautical sectors is currently minimal, which has a significant effect on the companies. Despite the challenges, the sector has not surrendered its commitment to employment, the slowdown in activity has constrained a few organizations to execute employment flexibility measures. The association estimates that one-third of companies have implemented temporary employment regulations (ERTEs) and that this number will diminish as they recuperate their industrial activity.&nbsp;\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left\">&ldquo;After the good results of 2018, in which our companies grew by 6.8%, 2019 saw a minimal downturn that marked the gradual change in trend of a scenario that had remained stable until that time. Despite our natural concerns, nobody expected the terrible effects that the pandemic had on industrial activity&rdquo;, observed Alberto P&eacute;rez, President, AFMEC. &ldquo;The entry of orders during March, April and May slowed down significantly. After the worst of it, companies have continued to work at an acceptable rate, thanks to their portfolio of pending orders. However, this portfolio is gradually running out and the rate of acquisition of new orders is much lower than usual. The current level of activity in our companies is approximately 75%. Although there are signs of a renewal in requests for offers, these have yet to materialise in widespread orders. 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AFMEC, representing 183 member companies, reports a challenging 2020 with forecasted revenue declines of up to 35%. The impact of the pandemic on key industries like automotive and aeronautical has created a ripple effect, forcing many organizations to implement temporary employment flexibility measures. Despite these headwinds, the sector remains resilient, focusing on pending order portfolios while eyeing signs of market renewal. President Alberto Pérez notes that while the acquisition of new orders remains lower than usual, there is cautious optimism for a gradual return to normal capacity. How is your organization navigating these global industrial shifts? Read the full report on the state of the Spanish machining sector. #Manufacturing #MachineTools #IndustrialStrategy","The Spanish machine tool sector forecasts a 30-35% revenue drop for 2020 due to the pandemic. AFMEC reports key sectors like automotive are struggling, but businesses are prioritizing employment as they eye recovery. #Manufacturing #IndustrialNews","Tough times ahead for the Spanish machine tool industry. 🛠️ AFMEC reports that 2020 has brought significant challenges, with a projected 30-35% dip in revenue. The drop in automotive and aeronautical activity has been felt across the board, forcing many firms to lean on temporary employment measures. However, the industry is showing resilience! 📈 While new order acquisition is slower than normal, there are early signs of renewed interest in the market. It’s a wait-and-see game, but the commitment to the workforce remains strong. How is your team adapting to the current industrial climate? 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