Magic Wand Media Inc

Surplex, one of Europe’s leading industrial auction houses, presents the history behind #greenlathes, #millingmachines, and #drills of the mid-20th century. Discover why #ResedaGreen was chosen to #reduceeyestrain and improve #workshopsafety. The green #lathes, #milling, and #drilling machines seem like relics from times gone by. These robust machines, often lacking #CNCtechnology, are now rarely seen. From the 1950s to the 1980s, the so-called #ResedaGreen was one of the #standardcolors. Since #green causes the least eye strain and helps prevent accidents in the workshop, #Germany even had a standard, DIN 1844, until 1974, which specified #ResedaGreen as one of two #machinecolors. Even today, these #greenmachines are cherished by #collectors and #connoisseurs. Here and there, you can still find these old gems in workshops. Until the 1980s, the majority of #lathes, #milling, and #drilling machines were green. But why was this the case? A significant reason is the effect that the color green inherently has. Green, a mix of advancing yellow and retreating blue, unites the contrasts and meanings of both colors: cold and warm, active and passive, emotion and rationality. This makes #green calming and relaxing—perfect for a #workshop. Surplex Dennis Kottmann Nina Heidemann https://lnkd.in/dEpWzJgk

Tata Elxsi, the leading #globaldesign and #technology services company, and #globalautomation company Emerson recently announced the inauguration of the Tata Elxsi + NI Mobility Innovation Centre (#TENMIC) in Bengaluru. This state-of-the-art center aims to accelerate #automotive innovation with cutting-edge systems, #softwaresolutions, and global #automotiveexpertise. The launch event was hosted by Manoj Raghavan, MD & CEO, Tata Elxsi; Ritu Favre, President, Test and Measurement Business Group, Emerson; and Drita Roggenbuck, VP & GM, Transportation Business Unit, Emerson. The event hosted senior technology and R&D leaders of global #OEMs, leading #automotivesuppliers, and #semiconductor companies. Their presence highlighted the significance of #TENMIC and the #collaboration of Tata Elxsi and #NI in enhancing #automotivedevelopment and #innovation. The #automotiveindustry is rapidly evolving with the advent of software-defined vehicles (#SDV) and the #integration of #digitaltechnologies. This #transformation demands the speed of #innovation to develop, validate, and release new features swiftly, all while ensuring #reliability, #safety, and #performance. #TENMIC is strategically aligned with these #industrytrends, enabling #OEMs to ‘shift left’ by validating #performance and #functionality through a combination of virtual and physical #testing well before #production. Central to this approach are #automation, #agility, and the transformative impact of #data and #AI led methodologies on the #productdevelopment lifecycle. Tata Elxsi Emerson Manoj Raghavan Ritu Favre Drita Roggenbuck Shaju S. Shitendra Bhattacharya Hari Balan #newcentre #innovations https://lnkd.in/dw4A586h

Emma Yang, Sales Representative, Yessing Machinery 葉興機械股份有限公司 Co Ltd, provided a comprehensive overview of the company's #innovativesolutions through its cutting-edge #lamination and #fabriccutting machines at Taiwan Expo 2024 India held at #PragatiMaidan, New Delhi. As a leading brand in the industry, the company is dedicated to meeting diverse requirements with a variety of #advancedmachines.   Yang introduced the PUR 3-in-1 #ExperimentalLaminationMachine, a standout product on display, which has been awarded the Taiwan Utility Model Patent. This machine is specifically designed for #testing parameters to ensure they meet #customerrequirements. She highlighted that potential users could request an #experimentalmachine forecast for further testing.   Discussing the #gluing and #lamination process, she elaborated on the different types of #laminationmachines the company offers, tailored to various #glue types. She focused on the #PURgluetype machine, explaining that it traditionally requires a one-day curing period for two layers of #fabric. However, the company’s #latesttechnology allows for #simultaneous lamination of three layers, #reducing the #laminationcuringprocess from 6 to 8 hours, and significantly #reducingenergyconsumption and #costs for #customers. Emma Yang Yessing Machinery 葉興機械股份有限公司 Taiwan Expo 2024 India Charlie Yu TAITRA Global (Taiwan External Trade Development Council) TAITRA New Delhi Office TAITRA Mumbai Murali Sundaram Nityasree Kumaraswamy Taitra india Taiwan

Confederation of Indian Textile Industry (CITI) and Taiwan Textile Federation (TTF)—in a significant move to #bolster international #textile trade relations—have signed a groundbreaking Memorandum of Understanding (#MoU), on July 8, 2024, in New Delhi. The MoU, inked by Rakesh Mehra, Chairman, Confederation of Indian Textile Industry (CITI) and James Kuo, Chairman,Taiwan Textile Federation, aims to foster ‘enhanced #cooperation in the #textile & #clothing industries, including support in events of each other’. The agreement outlines a comprehensive framework for #cooperation, including #promotingbusiness promotional activities in #trade, #investment, #technologytransfer, and other services. Both #organizations have committed to providing #opportunities and #forums for #discussion, #organizingseminars/ #exhibitions/ #conferences, and facilitating interactions with visiting dignitaries/high-level delegations/ #policymakers and trade & investment promotion agencies. Key aspects of the partnership include promoting #technologicalassistance, #capacitybuilding, and #informationexchange on #policies and activities. The agreement also emphasizes #disseminatingtrade and #investment information, as well as mutual support for #easeofdoingbusiness in #bothcountries. This #strategicalliance opens up new #industrydimensions for guiding the #textilesector towards more #robustgrowth and #economicsustainability. With a concerted effort, this monumental partnership stands as a testament to the power of international cooperation in driving #economicprogress and sectoral #transformative advancement. In Frame - L-R: Dr S N Modani, Chairman, Rajasthan Textile Mills Association (RTMA); Rakesh Mehra, Chairman, Confederation of Indian Textile Industry (CITI) and James Kuo, Chairman, Taiwan Textile Federation. In Frame - L-R: Dr S N Modani, Chairman, RRajasthan Textile Mills Association (RTMA); Rakesh Mehra, Chairman, Confederation of Indian Textile Industry (CITI); James Kuo, Chairman,Taiwan Textile Federation; Arthur Chiang, Section Chief, Industry & Information Section; Neeraj Jain (Standing), Joint Managing Director, Vardhman Textiles; and Durai Palanisamy, Vice- Chairman, Southern India Mills’ Association (SIMA) and Executive Director, Pallava Group, PALLAVA TEXTILES PRIVATE LIMITED. TAITRA Global (Taiwan External Trade Development Council) TAITRA New Delhi Office Manoj Sharma Chandrima Chatterjee Charlie Yu TAITRA Mumbai TAITRA MUMBAI Murali Sundaram

Chandra Kishore Thakur, CEO - Asia, Africa, LATAM & Europe, Sterling and Wilson Renewable Energy Ltd, commented, “The #SolarPower sector holds #highexpectations from the upcoming #Unionbudget to support and accelerate the #growth of #renewableenergy in India. Key areas of focus include the development of #largescalesolarparks and ultra mega #solarpowerprojects, necessitating streamlined approval processes and a single-window clearance system to simplify #landacquisition. Access to low-cost finance is crucial, and we hope the Government introduces or enhances low-interest loans and #financingschemes to aid #SolarPowerDevelopers and #EPCContractors. Accelerated #gridintegration, with a focus on enhancing #Substations and #Transmission line capacities, is vital to matching the renewable power capacity addition plan of 500 GW by 2030. It will also ensure #gridstability with the inclusion of #energystoragecapacity.” Thakur further added, “#Taxrationalization, such as reducing #GST on #solarcomponents and #BCD on #PVmodules and cells, will be instrumental in ensuring the availability of essential modules until domestic supplies are sufficient. Promoting #publicprivatepartnerships (PPPs) will help combine resources and expertise to boost the #development and execution of solar projects. Another pertinent factor is the enhancement of #manufacturing capacity for #criticalequipment like #transformers, #inverters, and #HTpanels. This will help in bridging the demand and supply gap. We advocate for capital subsidies and tax breaks to reduce the cost of setting up #manufacturingfacilities in India. Furthermore, extending the ALMM deadline is essential until #domesticmanufacturing capacity can meet volume and quality requirements. Overall, we believe that these measures will significantly contribute to the rapid and #sustainablegrowth of the solar #powersector in India.”

Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Ltd, said, “The #greenenergy sector is witnessing a paradigm shift, driven by strategic Government initiatives and #innovative financial instruments. The #ProductionLinkedIncentive (#PLI) schemes aim to boost domestic #manufacturing and create a #competitiveedge for #Indiancompanies in the coming years. This initiative alone could create numerous jobs and drive #technologicalinnovation. We hope that the Government will revise the #GST rates for #renewableenergy #components, reducing it to 5 percent (from the current 18 percent), thereby significantly lowering the #coststructure for #greenenergy projects. This will also increase the affordability and attractiveness of #renewableenergyinvestments, promoting #fasteradoption across the country.” Jain continued, “Higher #capitalexpenditure, evidenced by the Government’s plan to invest over US$ 360 billion in #renewableenergy infrastructure by 2030, highlights the commitment to expanding the country’s #renewableenergy mix and enhancing #gridcapabilities. Moreover, lower interest rates have facilitated more accessible #financingoptions, helping to decrease the cost of #capital and make large-scale renewable projects more viable. #Greenbonds have emerged as a #powerfultool, with India issuing over US$ 21 billion in green bonds as of February 2023. These bonds are crucial for financing environmentally #sustainable projects, aligning #investor interests with the global push towards a #lowcarbon economy. Together, these measures will create a robust and supportive #environment for the renewable energy sector, positioning India as a global leader in #sustainableenergysolutions and driving us closer to our goal of a resilient, #greenfuture.”

Continental, the technology company, with continued dedication towards safe #mobility and led by Vision Zero, has expanded the production of its Tire Pressure Monitoring System (#TPMS) for passenger cars at its Bangalore plant. This #expansion comes as a response to the #increasingmarket demand in #India and targets significantly enhancing the #productioncapacity. Launching with a #capacity of  3.3 million wheel units per year, the new #TPMS line is an expansion of the existing one, with further growth plans for the line in the near future. Advancing Continental’s #smartmanufacturing initiatives, this state-of-the-art #TPMS line features #fullyautomated processes with nominal manual intervention. With this expanded line, Continental stays committed to supporting local #OEMs while also targeting #exportmarkets, primarily Korea. Ramnath Sivaraman, Head - Motion Technologies and Services, within Business Area Safety and Motion, Continental Automotive India, stated, “Keeping in mind the growing demand and the evolving market needs, Continental has #expanded the existing #TPMS line. This validates Continental’s perseverance to meet the #risingdemands for #advanced, and affordable #safetytechnologies. The launch of this second-generation #TPMS will contribute to #cleanermobility and advance #vehiclesafety by ensuring optimal #tirepressure.” https://lnkd.in/dZEXYFKa Continental Ramnath Sivaraman Phanindra Karody #mobility #automotive #smartmanufacturing Lochan Kaushik Santhosh J. Risika Saha

Sorab Agarwal, Executive Director, ACE – Action Construction Equipment Ltd., stated, “As we await the 2024 #UnionBudget, the #infrastructure and #manufacturing sectors are anticipating a forward-looking budget from the Government. Key areas of focus should include a significant increase in #capitalexpenditure, an increased share of #manufacturing in GDP, #technologyintegration, and streamlined regulations. With India aiming to become a US$ 7 trillion economy by 2030, infrastructure and #manufacturing will be crucial for this #progression. These sectors have the potential not only to act as catalysts for #economicgrowth but also to #generateemployment on a large scale.”   He continued, “Additionally, the Government needs to focus on #incentivizing the #MSME and textile industries, as this is pivotal to mitigating unemployment by creating more #jobopportunities. For enhanced operation and transparency, investing in cutting-edge technologies such as #AI, #ML, and #Digitaltrack and trace solutions for advanced logistics networks is necessary. This #budget is at a critical juncture for India to set the stage for sustainable economic growth and enhance its #globalcompetitiveness in infrastructure and manufacturing. Consistency in policy, forward-looking reforms, and #regulatorymeasures that promote #innovation and ease of business are vital expectations from the central Government. By prioritizing these #strategicinitiatives, the Government can pave the way for a thriving and #inclusivefuture, contributing to India’s role in the #globaleconomy.”

Sanjay Kumar Sinha, Founder and Managing Director, Chaitanya Projects Consultancy, said, “As we look ahead to the Union Budget 2024, we anticipate #robustsupport for #sectoralgrowth. A key #transformative move in this direction is the allocation of INR 11.11 lakh crore for #infrastructure development, which is a positive outlook, and we expect its retention in the final budget. The continuity of #leadership within the Ministry of Roadways and Railways will ensure streamlined project delivery timelines, vital for #sustaining momentum.”   He further added, “With the strengthening of #airportinfrastructure and #nationwideconnectivity through the #Udanscheme, as well as the implementation of #technologytransformation and the multi-modal network outlined in the #GatiShakti master plan, the journey for transformative growth has already been placed, thereby reducing economic disparities. We are optimistic that the #Government will potentially reduce the rate of interest, which is critical for initiating projects under the BFOT/BOT framework. Additionally, incentives to boost tech by leveraging cutting-edge tools like #AI and #IoT are crucial, and the groundwork is already laid. By addressing these issues, India is close to becoming a US$ 7 trillion #economy by 2030.”

Mastercam, the leading global provider of #CAMsoftware, recently announced the appointment of Nicolas LE MOIGNE to the position of Chief Revenue Officer, who previously served as Vice President of Sales at Mastercam, now leads sales, marketing, customer success, and commercial strategy teams to drive significant revenue growth and expand Mastercam’s market presence. Nicolas brings 24 years of experience in the CAD/CAM industry, spanning technical roles, sales, and management. Based in Brittany, France, he continues his journey with Mastercam, leveraging his deep industry knowledge and strategic vision to build on the company’s success. “I’m honored to have been promoted to Chief Revenue Officer at such a pivotal time for Mastercam,” said Le Moigne. “I look forward to working with our talented team to tackle daily challenges, implement forward-thinking strategies, and deliver exceptional value to our #customers. As a leader in the #CNCindustry, it is also crucial for Mastercam to inspire the #nextgeneration of #machinists, #programmers, and #engineers.” Susan Brandt, President, Mastercam, comments, “Nicolas’ exceptional leadership skills and extensive #CADCAM experience are invaluable assets for Mastercam’s growth in the manufacturing industry. This #strategic move will enhance our market leadership and propel Mastercam to new heights of #success and #innovation.” https://lnkd.in/d4kTuKYN