Modern Manufacturing India

CynLr (Cybernetics Laboratory), an #IndianDeepTech #RoboticsStartup, has raised US$ 10 million in a fresh round of Series A funding led by Pavestone VC and Athera Venture Partners (formerly Inventus India), bringing its total funding to US$ 15.2 million. Existing investors Speciale Invest, InfoEdge (Redstart), and others also participated in this round of fundraising. CynLr will now expand its 60-member core team into a 120-member global team. Along with expanding its Research & Software-Dev team, CynLr will be hiring business and operational leaders, marketing, and sales teams across #India, #US, and #Switzerland.    “With the CyRo form factor receiving a resounding response from customers, technology-market fit has been firmly established. These customers are now eager to integrate CyRo into their #productionlines and experiment with the #transformationalvision of a ‘Universal Factory’ that can profitably produce custom-fit consumer goods, even at low volumes. With the new round of #funding, CynLr will focus to enhance its hardware reliability, improve user experience by enhancing its SW performance, and reduce costs for the customer. The company manages an extensive #supplychain of 400 parts sourced across #14countries and will expand its #manufacturingcapacity to achieve the goal of deploying One Robot System per day and reach the US$ 22 million revenue milestone by 2027.” says Gokul N A, Founder - Design, Product & Brand, CynLr.   “This round of #investments will help us focus on deeper R&D to build more complex applications and solutions for our customers—like DENSO, where they need to manage their demand variability for different parts through a hot-swappable robot station to #plantlevelautomation—like General Motors, where they require one standard #robotplatform to handle 22,000 parts for assembly of the vehicles. With the current momentum of breakthroughs in CyRo’s capabilities, we will be able to substantially reduce costs and drive adoption, bringing it closer to realizing the possibility of creating an ‘Object Store'—a platform similar to today’s app stores—allowing customers to pick a recipe of applications and object models to have the #robot instantaneously perform a desired task. The company will simultaneously invest in infrastructure for support, solutions engineering, and sales to support this larger vision.” stated Nikhil Ramaswamy, Founder - GTM, Sales & Investment, CynLr.   CynLr’s Design & Research Centre in Switzerland (unlimitrust Campus, Prilly) was opened recently by Alain Gillièron, Mayor of Prilly, during Swiss Indian Innovation Week. The Switzerland Centre will work closely with CynLr’s research partners in EPFL LASA (Lausanne) and CSEM (Neuchâtel). 

Indian Machine Tool Manufacturers' Association IMTMA Events IMTMA Mega Event AceMicromatic Group Jibak Dasgupta Guru Prasath Rajendra S Rajamane Mohini Kelkar Ramesh T K Prabhugoud Patil Prathap Haridasa Prashant P Kulkarni Abhishek D Madan Kumar Mahesh M.K Indian Machine Tool Manufacturers' Association's flagship event National Productivity Summit is taking place on December 3-4, 2024 at hotel Sheraton Grand Pune. Like ever, AceMicromatic Group is the Awards Sponsor for #NPS2024. The event is laced with insightful presentations, enriching sessions and inspiring case studies by the following companies: Ashok Leyland, Hosur Ashok Leyland, Pantnagar Hero MotoCorp, Haridwar KIRLOSKAR TOYOTA TEXTILE MACHINERY PRIVATE LIMITED, Bangalore Lucas TVS, Padi SEG Automotive India Tata Electronics, Hosur TAFE - Tractors and Farm Equipment Limited, Bangalore INDER ENTERPRISES, Ghaziabad Synergy Engineers and Power Coaters, Satara Details: https://lnkd.in/gDNYbU_Z Go to persons: Abhishek D - [email protected] 91 9844294387 Madan Kumar - [email protected] 91 7899437625

In an exclusive interaction with Murali Sundaram from Modern Manufacturing India in Tokyo, Eduardo Martin, President, Dormer Pramet, shared insights into the company’s objectives, Japanese and Indian markets, and the impact of #semiconductor demand in business. Emphasizing Dormer Pramet’s dedication to supporting Japan’s manufacturing sector, he noted, “We expect to have the possibility to care for #manufacturing in the Japanese market. Therefore, we have created an organization with a local entity, and we expect to grow and help the #Japanesemarket become even better.”   Discussing the increased demand in the #semiconductorindustry across Japan, India, and other regions, Martin acknowledged the need to strengthen Dormer Pramet’s #microtoolingcapabilities, sharing, “In the #microtooling area, there are areas we need to improve in our portfolio, but certainly, we are moving in that direction.”   Regarding the company’s operations in India, Martin discussed Dormer Pramet’s 2020 acquisition of Miranda Tools stating, “Since then, we have been #refining processes, improving the #productivity of the plant. We have #invested largely in the company and will continue to do so. We have increased capacity by #35percent already, and are prepared to expand further when needed.”   Reflecting on Dormer Pramet’s peak #production volumes in India in 2022, he said, “2022 was one of the highest volumes we’ve had in India. Since then, due to various reasons, we have not been able to fully meet that #capacity.” Expressing optimism in Dormer Pramet’s approach and the company's recent upgrades to #ERPsystems and #migration to the #cloud, Martin stressed, "these improvements, along with enhanced #production techniques, are helping us improve our #productquality, as well as the volume we can produce in the same space.” Pic-01: Eduardo Martin, PRESIDENT, Dormer Pramet Pic-02: Sharad Kulkarni, Sales Director, Asia, Dormer Pramet; KOJI IJUIN, National Sales Manager - Japan, Dormer Pramet; Mayur Jadhao, Head of Marketing - Asia, Dormer Pramet; Eduardo Martin, PRESIDENT, Dormer Pramet and Oliver Sax, Vice-President - Global Sales and Marketing, Dormer Pramet pose after an exclusive media conference in Tokyo during the ongoing #JIMTOF2024. 📷 Magic Wand Media Inc

#JIMTOF2024 R Venkatesan Machine Tools India Limited Vasudevan Sudarsanam PARAMESHWAR TAREKERI shreekant Saptechnical Shinsuke Saimori Horkos Corp. Tokyo Big Sight Inc. #Indiancompanies are seizing the opportunity to explore technology exchange and dealership prospects with #Japanese manufacturing companies in the ongoing #JIMTOF2024 show at Tokyo Big Sight Inc. Key representatives from Indian #manufacturingsector such as R Venkatesan, Vice-President-Sales, Machine Tools India Limited; Vasudevan Sudarsanam, Director -Service and Aftermarket Sales, Machine Tools India Limited; PARAMESHWAR TAREKERI, Associate Vice-President, SAPTECHNICAL and Shinsuke Saimori, General Manager, Overseas Sales Group, Machine Tool Sales Division, Horkos Corp., are at the forefront of these discussions.   Venkatesan emphasized the importance of #partnership, stating, “Our main intention is to find suitable working partners and strengthen relationships with our existing principals. We are particularly excited about the new #technology and range of #machines displayed here.” Their visit aims not only to explore potential #collaborations but also promote the #advancedmachinery back in #India. To this Vasudevan added that many Japanese companies are currently looking for #servicepartners. Articulating the intent behind these meetings, Tarekeri commented, “We aim to connect with #Japanesemanufacturers of high-quality #CNCmachines to explore #businessopportunities in India. Our company has represented Japanese products for nearly 30 years, and we see this as a chance to expand our #network.”   In line with and open to discussions, Saimori expressed the willingness to #collaborate, recognizing the potential for #growth in the Indian market. He remarked, “It was a fruitful meeting, and we are excited about the Indian market’s growth. In terms of #collaboration, we are looking for service partners currently.”   As the fair unfolds, the Indian delegation looks forward to establishing #strongrelationships that could significantly benefit both nations in the #machinetool sector, paving the way for future #technological advancements and #collaborativeventures. 📷 Magic Wand Media Inc

Indian Machine Tool Manufacturers' Association THK India Private Limited THK GmbH THK America, Inc. Jibak Dasgupta Guru Prasath Mohini Kelkar Senior leaders from Indian Machine Tool Manufacturers' Association are in attendance at the 32nd Japan International Machine Tool Fair, #JIMTOF2024, which started today at Tokyo Big Sight Inc. and go on till November 10. #Tradefairs are the right platform to build new connections and renew the old ones, especially global shows like this bring all the #industryleaders under one roof. Pic- 01 - In Frame: L-R: Guru Prasath, Executive Director, Trade Fairs, Indian Machine Tool Manufacturers' Association; Jibak Dasgupta, Director General & CEO, Indian Machine Tool Manufacturers' Association and Bangalore International Exhibition Centre; Akihiro Teramachi, Chairman and CEO, THK and Takashi Teramachi, President and COO, THK. Pic- 02 - In Frame: L-R - Guru Prasath, Executive Director, Trade Fairs, Indian Machine Tool Manufacturers' Association; Mohini Kelkar, Vice-President, Indian Machine Tool Manufacturers' Association and Director, Grind Master Machines Pvt. Ltd. and Jibak Dasgupta, Director General & CEO, Indian Machine Tool Manufacturers' Association and Bangalore International Exhibition Centre post #JIMTOF2024 inaugural ceremony. 📷 Magic Wand Media Inc

#JIMTOF2024 Tokyo Big Sight Inc. FANUC India Pvt Ltd FANUC America Corporation FANUC Europe The 32nd Japan International Machine Tool Fair, #JIMTOF2024 opened today at Tokyo Big Sight Inc. amidst fanfare and overwhelming response from the #machinetoolindustry. Formally inaugurated by Dr Yoshiharu Inaba, Director and Chairman, Fanuc along with #industryleaders from the country, the six day #manufacturingshow is surely a monumental gathering of the #machinetool industry, covering a sprawling exhibition area of 1,18,540 sq mt. Themed around, ‘Technologies Passed Down to the Future Offer Unlimited Possibilities’, #JIMTOF2024 aims to focus on #innovation and the #futureofmanufacturing. To highlight the growing importance in #additivemanufacturing technologies, a #concurrentexhibition ‘Additive Manufacturing Area in JIMTOF 2024’ is featured on the first floor of the South Hall. The show has varied opening hours across different halls at the venue: East Halls - Opening Hours - 10:00 AM to 6:00 PM West and South Halls - Opening Hours - 9:00 AM to 5:00 PM 📷 Magic Wand Media Inc

We are glad to be once again back at Tokyo Big Sight Inc. to be a part of the 32nd edition of the Japan International Machine Tool Fair. This six-day #advancedmanufacturing technology #tradeshow will open its doors to the #manufacturing community from across the globe from November 5 till November 10, 2024. Organized by Japan Machine Tool Builders' Association, this edition of #JIMTOF2024 is slated to break its own previous records with the participation of 1,262 companies from 19 countries and regions around the world with 5,743 booths. Guru Prasath, Executive Director, Trade Fairs, Indian Machine Tool Manufacturers' Association along with Murali Sundaram from Magic Wand Media Inc and Modern Manufacturing India are in attendance at Tokyo Big Sight Inc.

United Grinding Group Inke Myschker Michèle Fahrni Paul Koessl Jonas Gerber GF Machining Solutions Georg Fischer United Grinding Group Signs Agreement to Acquire GF Machining Solutions Division United Grinding Group intends to acquire the GF Machining Solutions Division (GFMS) of Georg Fischer AG (GF), Schaffhausen (Switzerland). The Group today announced the signing of an agreement with Georg Fischer AG with the aim of strengthening its position in the #market and serving its global customers with even more comprehensive solutions. Together, United Grinding Group and #GFMS will join forces to become a global leader in #ultraprecision machining. The transaction is valued between #CHF630 and #CHF650million and is expected to close in Q1/Q2 2025, subject to regulatory approvals. 

#Diwaligreetings Indian Machine Tool Manufacturers' Association Jibak Dasgupta Guru Prasath Dayanand M Murali MS MOHANRAM P J Deepak Patil Mahesh M.K Sunil Govind Abhishek D Swapna Pradeep Prabhugoud Patil raju m Rajesh Sarkar Dhaval J Kadakia, CEM Arjun Srinivasan Prasad K Nair Team Indian Machine Tool Manufacturers' Association wishes the entire #manufacturing community a prosperous Diwali! May this #festivaloflights inspire us to #striveforexcellence, #embracechange, and #achieve collective #success by turning challenges into #opportunities and #lightthepath to #growth. 📷 Magic Wand Media Inc

ACMA India Fraunhofer-Gesellschaft Vinnie Mehta Johann Feckl JK Fenner (India) Ltd Anandi Iyer Fraunhofer Office India ACMA Mobility Foundation (AMF), an initiative of the Automotive Component Manufacturers Association of India (ACMA India), signed a Memorandum of Understanding (#MoU) with Fraunhofer-Gesellschaft, Germany, to foster cutting-edge research and development (R&D) collaboration for India’s #autocomponent industry. Signed in the backdrop of the 18th Asia-Pacific Conference of German Business (APK 2024) in New Delhi, this #strategicpartnership aims to provide a robust platform for industry-driven research and #innovation to the Indian auto component industry as it transforms to support the #mobility industry in addressing challenges of #carbonneutrality, #circularity, safety, and environment. Through this collaboration, #AMF and Fraunhofer-Gesellschaft will leverage their expertise to drive advancements in technology, #sustainability, and #productinnovation, thereby contributing to the growth and competitiveness of the #Indianautomotive ecosystem. Vikrampati Singhania, Director, AMF & MD, JK Fenner (India) Ltd, sharing his expectations of the partnership, said, “This is a significant milestone for the Indian #autocomponent industry. #Collaborating with #Fraunhofer, a world leader in applied research, will strengthen our efforts to drive innovation, enhance product quality, and accelerate the transition to #sustainablemobility solutions. This partnership underscores our commitment to shaping a future-ready #automotive industry in India.” Speaking on the occasion, Vinnie Mehta, Director & Secretary, AMF, emphasized the importance of this collaboration in elevating the R&D capabilities of India’s auto component industry. “This partnership will enable Indian companies to tap into #Fraunhofer’s vast expertise and experience in applied research, helping them meet global standards while fostering innovation at a #competitivecost,” he said. Dr Johann Feckl, Director and Section Head Precompetitive Research and International Relations, #Fraunhofer HQ, highlighting the strengths and capabilities of the Fraunhofer Institutes, elaborated, “India and Germany are strong and natural partners in mobility. #Fraunhofer possesses excellent strengths in applied research around the entire value chain of mobility, from materials to manufacturing and even mobility concepts, and India’s strengths are in #manufacturing and qualified manpower."   Anandi Iyer, Director, Fraunhofer Office India, highlighted the longstanding relationship between Fraunhofer and India. “We are already working very strongly with the Indian automotive industry since the last 16 years with #ACMA as a valued partner. It will be exciting to bring the #German and #Indian industry to work on India-specific challenges, create proof of concepts, and then scale it at a much faster pace, thus combining #Germanengineering and Indian ingenuity for a win-win alliance, ”she stated.