Industry 4.0 – an amalgamation of information technology and manufacturing technologies - is bringing together robots, data and connected devices for creating a productive environment.

Says Satish Godase, Director, Nu-Vu Conair Pvt Ltd, a joint venture company between the Ahmedabad-based Nu-Vu Engineers and the US-based Conair Group - a leader in auxiliary equipment for plastic processors.

The budget aims to drive consumption by giving push to infrastructure & MSMEs sector and developments in rural areas. While the automotive industry will benefit from these measures, the budget could have done more, says Rakesh Rao.

The industry’s biggest show was a display of the technological strength and prowess of the auto manufacturing sector, showcasing the current trends that are the current driving factors.

The event, held along with Tooltech, generated business orders worth Rs 539 crore. A report. IMTEX Forming 2018, organised by Indian Machine Tool Manufacturers’ Association (IMTMA) concurrently with Tooltech, concluded on a positive note with business orders worth Rs 539 crore being generated during the six-day trade fair.

The show will display an exclusive collection of components and technology from over 1,200 participants. This year, the auto components industry is gearing up for the 14th edition of India’s biggest automobile component exhibition show. The Auto Expo-Components Show will be held between February 8 to February 11, 2018 at Pragati Maidan, New Delhi.

Raj Chandani, Owner of Arjan Industries, talks to APF about Arjan Industries’ goals about how the Auto Expo 2018 will allow them to further their business plans for 2018. Arjan Industries manufactures components exactly as per the prints given by the customer, producing turned parts as tier-3 suppliers for the automotive industry.

Vinnie Mehta, Director General, Automotive Components Manufacturers Association (ACMA) has been actively involved in the promotion growth and development of the auto component industry in India.

In February 2014, Toyota had to recall 1.9 million Prius cars globally to fix a hybrid control unit glitch that was causing the cars to automatically shut down and enter a limp-home failsafe mode. The global callback of Prius models was the biggest recall of the world's best-selling hybrid at that time.