Japan-based Kasei Group and Minda Industries Limited (MIL), the flagship company of Uno Minda Group, have entered into another joint venture (JV) agreement for manufacturing moulds for alloy wheel. Minda Industries will hold 49.9 per cent stake in the JV, to be named Kasei Minda Mould Pvt Ltd, while Kasei Group will hold the 50.1 per cent of the equity.

Stratasys India, a subsidiary of Stratasys Ltd (one of the leading global players in additive technology solutions), presented new 3D printed prototypes – that empowers customers to deliver highly realistic, vibrantly-colored parts.

With the help of ANCA’s MX5 and TX7, the Aurangabad (Maharashtra) based Aayudh Tools have increased productivity by about 30 per cent and is now looking to enter new and challenging sectors like aerospace. It has achieved high accuracy and repeatability and a web centrality controlled within 10 microns.

The world’s largest industrial trade fair highlighted several advancements in the field of automotive and auto component industry.Fourth industrial revolution (Industry 4.0) or smart manufacturing, augmented reality (AR), Internet of Things (IoT), additive manufacturing, predictive maintenance, etc are making companies more efficient and innovative, boosting their competitive advantage. These and many more innovative technologies were at display in the recently concluded Hannover Messe 2018, which was held alongside CeMAT (a meeting-place for the global materials handling and logistics technology sector).Under the motto of ‘Integrated industry: Connect & collaborate’, a total of 210,000 visitors seized the opportunity to explore the innovations on display. A total of 5,800 exhibitors were present at Hannover Messe & CeMAT. Topics like machine learning, artificial intelligence, industrial IT platforms, the expansion of power grids for eMobility, the use of robots and autonomous systems in production and intralogistics, and the role of workers in the integrated factory were the subject of intense debate at the stands of exhibitors at the event. As the official Partner Country, Mexico profiled itself as an innovative business partner and industrial location.

Alliance Tire Group (ATG), a fully owned subsidiary of Japan-based The Yokohama Rubber Co Ltd and one of the leading players in the global off-highway tyre market, has launched a new range of radial OTR tyres under its Galaxy brand. The company owns three global brands - Alliance, Galaxy and Primex.

Omron Corp has signed a global agreement with Techman Robot Inc, the maker of collaborative arm robots that work together with people, to form a strategic alliance in the area of collaborative robots. Through this alliance, Omron will globally market and sell Techman’s TM series of collaborative robots via Omron’s worldwide distribution network under a co-branded logo, starting in the second half of FY2018.

German technology company Continental and Indian Institute of Technology (IIT) Madras have joined hands for advanced research in machine learning (ML). A Memorandum of Understanding (MoU) was signed on May 4, 2018, between Continental and IIT Madras to take forward this partnership. Continental is a global automotive manufacturing company specialising in tyres, brake systems, interior electronics, automotive safety, powertrain and chassis.

The growth of the tooling industry is an effort that needs to be realised by associations like TAGMA, which is why it has undertaken the reskilling of MSME labour.

The company provides hydraulic accumulator solution and replacement for prominent die casting companies. Hydraulic fluid is compressed with high pressure into a pressure vessel filled with gas (usually nitrogen).