Tata Motors robot 'BRABO' to be exported to Europe
The Dollar Business Bureau Indian auto major Tata Motors Ltd said on Sunday that its wholly owned subsidiary TAL Manufacturing Solutions Ltd has got 'CE' certification for the first Made-in-India robot - 'BRABO' to be sold commercially in the European market. “The TAL BRABO now complies with essential requirements relevant to European health, safety and environmental legislation, permitting its export to customers in Europe,” the auto major said in a statement. The robot can be utilised for different applications such as picking and placing materials, machine and press tending, assembling parts, sealing applications, jobs related to camera and vision, among others. This advanced robot can also complement human labour force by conducting dangerous, dull and monotonous tasks. TAL Manufacturing with BRABO will concentrate using it in automotive, logistics, pharmaceuticals, electronics, packaging, food and other industries. Currently, ...
TVS Group to invest Rs. 750 cr in India, US
The Dollar Business Bureau TVS Group flagship Sundaram-Clayton Ltd. (SCL) on Thursday announced it will invest about Rs.750 crore to establish its first overseas plant in the US as well as expand its facilities in India. The leading manufacturer and supplier of aluminium products will invest Rs.400 crore over the next three years in the Indian market to cater to the multifold growth of this segment in the market. The company’s investment in India would enhance its domestic production capacity to 70,000 MT from the current 60,000 MT. SCL has four manufacturing facilities across the country. The company has planned to invest $50 million (about Rs.350 crore) to establish a plant in the US. Its US facility will be set up on a 50-acre ...
Manufacturing sector to benefit due to falling commodity prices
The Dollar Business Bureau Sectors like automotives, manufacturing, infrastructure and power in India will benefit due to reduction in global commodity prices, said a Moody’s report. The report also said that recent policy changes by the government on coal mines, iron ore mining will benefit core sectors like metals, steel and power companies. While structural changes take place and economic conditions stabilise or improve, weak commodity prices may not support sectors that have exposure to oil. Moody's also said that the government's ability to push through the land acquisition bill and a unified goods and services tax will be crucial in maintaining positive policy momentum. In one of its earlier reports, Moody’s believed that recent measures to address inflation, keep ...
