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Renault-Nissan sets up new business unit for LCV

The Renault-Nissan Alliance is creating a new business unit for light commercial vehicle to expand its global presence in this growing segment. Utilizing the full potential of Renault’s van expertise and Nissan’s truck know-how in key markets, the partners are working to expand their light commercial vehicle sales across the …

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IMTEX 2017 creates record, attracts 75,440 visitors

IMTEX 2017 & Tooltech 2017, an international expo organised by Indian Machine Tool Manufacturers’ Association (IMTMA) attracted a footfall of 75,440 visitors. Asia’s premium machine trade fair that was held at the Bangalore International Exhibition Centre (BIEC) in Bangalore from January 26 to  February 1, 2017 recorded orders worth Rs 1,670 crore and enquiries …

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IMTMA to organize 2nd Smart Manufacturing Symposium in Banglore

Indian Machine Tool Manufacturers’ Association (IMTMA) is organizing the 2nd edition of ‘Symposium on Smart Manufacturing on February 24-25, 2017 in Bangalore. The symposium, which will held a Bangalore International Exhibition Centre (BIEC), is a combination of technical presentations, case studies by users, interactive sessions, panel discussion and brain storming with industry …

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IMTMA says Union Budget 2017 to Bolster Machine Tool Industry

Indian Machine Tool Manufacturers Association (IMTMA) said the Union Budget 2017 will expand the growth of the machine tool industry in India. IMTMA said the Union Budget 2017 reaffirms India’s commitment to macro-economic stability and prudent fiscal management. The budget offers stability and opportunities for the country’s manufacturing sector and …

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Lear to acquire Grupo Antolin’s Automotive Seating Business

Global automotive seating major Lear Corporation  is acquiring Grupo Antolin’s automotive seating business. Lear has signed a definitive agreement to acquire the France-headquartered Grupo Antolin’s automotive seating business with sales and operations concentrated in 5 countries in Europe. Grupo Antolin’s seating business is comprised of just-in-time seat assembly, seat structures & mechanisms and seat …

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