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INDIAWOOD 2024: A Global Summit for Woodworking and Furniture Production Technology

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Rapid Growth: Indian Furniture Market Reaches $32 BillionFurniture Exports Skyrocket by 248%: Driving Economic ExpansionTechnology Impetus Fuels Furniture Sector

BENGALURU, India, Feb. 15, 2024 /PRNewswire/ — India’s furniture and woodworking industry continues to soar to new heights, bolstered by innovation, craftsmanship, and a growing demand both domestically and internationally. As a testament to its prominence on the global stage, INDIAWOOD – leading exhibition in this domain is gearing up for its highly anticipated 13th edition.

Scheduled to take place from February 22-26, 2024, at the Bangalore International Exhibition Centre, Bengaluru INDIAWOOD 2024 stands as a beacon of excellence, showcasing the latest advancements and trends in woodworking and furniture production technologies.

With participation from over 950 companies representing more than 50 countries, and an expected turnout of 75,000 trade visitors, INDIAWOOD 2024 is set to be the largest gathering in the event’s history. Spanning an impressive 75,000 SqMs of exhibition area, the event promises an immersive experience for industry professionals and enthusiasts alike.

Attendees will be able to explore cutting-edge Machinery & Technology, a rich array of Materials & Supplies, Fittings, Hardware & Components, and a spectrum of Industry Services.

Co-located events include India Mattresstech & Upholstery Supplies Expo, along with one day conference programs – Wood+ in Architecture & Design and Surface in Motion India.

As India’s premier event for woodworking and furniture manufacturing technology, INDIAWOOD plays a pivotal role in shaping the future of the industry. By offering a curated platform for showcasing products, solutions, and content, the exhibition continues to drive innovation and excellence, reinforcing India’s position as a global leader in the field.

“In the dynamic landscape of the Indian furniture market, consumer preferences are evolving to reflect a blend of tradition, functionality, and sustainability. A preference for multifunctional designs that maximize utility in compact living spaces is evident, alongside an appreciation for the seamless integration of technology into furniture. Balancing quality with affordability, consumers seek value-driven options that offer durability and longevity”, says Sonia Prashar, Managing Director, NuernbergMesse India.

She further adds, “INDIAWOOD 2024, with a legacy of more than two decades will be instrumental in highlighting the scope and aspiration of the woodworking and furniture manufacturing Industry in India. Recognized on a global scale, the upcoming edition highlights the sector’s significant advancements in production volumes and technology.”

THE NEXUS OF INDUSTRY CONNECTIONS – CREATING TRENDS AND FOSTERING INNOVATIVE SOLUTIONS

Furniture & Kitchen manufacturers, architects, interior designers, timber traders, saw millers, builders, contractors, hardware distributors, dealers from all over the country and neighbouring countries such as Nepal, Bhutan, Sri Lanka, the Middle East & other international countries will be a part of this 5-day mega event.

International countries including Germany, Italy, France, Malaysia, USA, Turkey will be represented via official pavilions.

Recent trends in the furniture and woodworking industry include digitalization and automation for real-time monitoring, CNC machining centres for versatility and precision, smart edge banding solutions for seamless finishing, and laser cutting systems for precise cutting and engraving. These advancements signify a move towards more efficient and technologically advanced manufacturing processes.

INDIAWOOD 2024’s show floor will be a reflection of such emerging technologies and trends, providing visitors with a unique opportunity to explore essential sector topics, exchange innovative ideas, and foster connections with new contacts.

COMPLEMENTARY THEMES HIGHLIGHTING LATEST IN MATTRESS TECHNOLOGY, WOOD+ IN ARCHITECTURE & DESIGN AND SURFACE TRENDS

INDIA MATTRESSTECH + UPHOLSTERY SUPPLIES EXPO (IME), held concurrently will have on display the latest technology for mattress production machinery and supplies, mattress finishing machinery and supplies, production tools and equipment, upholstery production technology, bed systems, new materials etc.

The third edition of ‘Wood+ in Architecture and Design (WAD)’, one day conference, to be held on the 24th of February will bring together Architects, Structural Engineers, Designers and Mass-Timber manufacturers to explore through panel discussions, expert presentations, and interesting case studies the application of wood as a construction material. www.w-a-d.in 

Newest launch SURFACE IN MOTION, one day conference on decorative surfaces for wood-based materials, will be held on 23rd February; where top experts from Europe and India will present topics such as decor design, the latest surface technologies, production processes and trends.

INDIA’S FURNITURE INDUSTRY EYES GLOBAL DOMINANCE WITH EXPONENTIAL GROWTH

In recent years, India has emerged as a major player in the international furniture and woodworking arena, recognized for its diverse range of offerings, from intricately carved wooden furniture to contemporary designs crafted with precision. The industry’s growth trajectory is fuelled by a combination of factors, including a skilled workforce, abundant raw materials, and a robust manufacturing ecosystem.

Moreover, India’s furniture and woodworking industry is characterized by its strong export potential, with Indian-made furniture and wooden products finding favour in markets across the globe.

With the Indian furniture market valued at $32 billion and experiencing a robust compound annual growth rate of 20%-25%, there exists substantial export potential as India holds only a 5% share of the global market. Notably, furniture exports surged from INR 1952 crore (approximately USD 26 million) in FY 2013-2014 to INR 6790 crore (USD 820 million) in FY 2022-2023, marking a remarkable 248% growth.

With a focus on exports, meeting local demand, and integrating advanced technologies, this sector is poised to make significant contributions to India’s export growth and economic development.

Luigi De Vito, President, Eumabois (European Federation of Woodworking Machinery Manufacturers, SCM Group General Manager and SCM Wood Division Director is upbeat about the scope of the Indian market and Industry, “The Indian market is growing in sync with the global demand and is perfectly positioned to offer High-tech solutions and integrated systems that are specifically tailored to the needs of manufacturing companies who wish to improve and enhance their production performance. Accordingly, this might be the right momentum when European and Indian manufacturing have a unique opportunity to deepen their partnership and shape the upcoming industrial agenda in terms of trade, digitalization, and sustainability.”

The impact of the event is summed up by Mr. Sivakumar Venugopal, Group Director, NuernbergMesse India, “INDIAWOOD, a catalyst for industry evolution, continues to redefine the landscape of woodworking and furniture production. Its influence is marked by technological strides, collaborative advancements, and a sustained commitment to shaping the industry’s future.”

For more information about INDIAWOOD 2024, including registration, exhibitor details, and event updates, please visit www.indiawood.com

Contact for Exhibition: 
Pradeep Kumar Gopal
Portfolio Director
M: +91 9986066910
E: pradeepkumar.gopal@nm-india.com

Contact for Press & Media:
Navneet Pillai
Senior Manager – Marketing & Communication
M: +91 9945826248
E: navneet.pillai@nm-india.com

Logo: https://mma.prnewswire.com/media/2300027/4454332/INDIAWOOD_2023_Logo.jpg 

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BinBase Launches 2026 BIN Database Featuring 6-11 Digit Waterfall Lookup for High-Precision Payment Routing

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BinBase introduces its upgraded 2026 BIN Database, offering 3.2M+ card ranges, 29 granular data attributes, and extended 8-11 digit accuracy to eliminate false-positives and optimize routing for global fintechs.

MIAMI, July 21, 2026 /PRNewswire-PRWeb/ — BinBase, a provider of payment intelligence and card issuing data, has announced the official release of its updated 2026 BIN Database. Engineered for payment gateways, acquiring banks, fraud prevention platforms, and e-commerce platforms, the updated dataset solves critical routing inaccuracies caused by the industry-wide shift from legacy 6-digit BINs to extended 8-to-11-digit card ranges.

Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the surgical precision developers need for cost-effective payment routing.

Since ISO/IEC 7812 expanded the standard Bank Identification Number (BIN) length to 8 digits, traditional 6-digit lookup tables have struggled to correctly identify modern card profiles. This leads to false positives, misidentified interchange fees, and failed transactions. BinBase addresses this challenge by introducing a multi-tiered database structure supporting up to 11-digit precision, alongside a recommended “Waterfall Lookup Algorithm.”

To ensure 100% routing and verification accuracy, the Waterfall method executes a descending search sequence: checking 11-digit BIN ranges down through 10, 9, 8, 7, and 6 digits until an exact match is resolved.

Key technical specifications of the 2026 BinBase release include:

Over 3.2 Million Card Ranges: Full global coverage including Visa, Mastercard, Amex, Discover, UnionPay, JCB, and regional networks.Extended Precision: Over 88% of the dataset consists of high-precision ranges (8–11 digits) to accurately isolate sub-brands, currencies, and card tiers.29 Granular Attributes: Beyond core issuer data, the database features advanced parameters including Durbin Regulation status, US Debit/ATM network routing (STAR, NYCE), Fast Funds (Visa Direct / Mastercard MoneySend indicators), commercial Level 2/Level 3 data, and digital wallet token ranges (Apple Pay / Google Pay).

“Modern payment processing requires surgical precision,” said a spokesperson for Damiko Inc. “Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the underlying intelligence developers need to build resilient, cost-effective payment infrastructure.”

Developers and payment teams can evaluate the full 29-field database schema, review integration examples, and download a free 2026 sample dataset on the official GitHub repository.

To learn more about full commercial licensing options, instant CSV downloads, and custom API delivery, visit BinBase.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate fraud.

Media Contact

Fedor Lavrikoff, BinBase, 1 +17866133333, sales@binbase.com, htttps://www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-launches-2026-bin-database-featuring-6-11-digit-waterfall-lookup-for-high-precision-payment-routing-302829291.html

SOURCE BinBase

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Redington Limited and AutomationEdge Announce Strategic Partnership to Accelerate Enterprise Automation and Agentic AI Adoption

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MUMBAI, India, July 22, 2026 /PRNewswire/ — Redington, a leading technology aggregator and innovation catalyst, and AutomationEdge, a leading Agentic Process Automation platform for global enterprises, have announced a strategic partnership to accelerate the adoption of enterprise automation and Agentic AI. The collaboration brings together Redington’s extensive distribution ecosystem and partner network with AutomationEdge’s enterprise-grade Agentic Process Automation platform to enable faster, scalable, and outcome-driven digital transformation for organizations.

As a part of the partnership, AutomationEdge’s portfolio of AI Agents and automation solutions is now available through the Redington AI Exchange Marketplace, enabling partners and customers to easily discover, evaluate, and deploy enterprise-ready AI solutions. This availability significantly reduces the time required to adopt AI-driven automation and provides organizations with access to proven use cases that can deliver measurable business outcomes.

The partnership is focused on delivering solution-led automation offerings that simplify adoption for enterprises and channel partners. By combining Redington’s go-to-market reach with AutomationEdge’s 10x automation capabilities, the two organizations aim to help businesses move from fragmented automation initiatives to enterprise-wide orchestration—driving efficiency, agility, and operational excellence.

Through this collaboration, both companies will jointly promote pre-built automation and AI Agent solutions across key business functions, including banking operations, insurance processes, IT / HR operations, customer service, and finance functions. These solutions include ready-to-deploy workflows, AI Agents, demonstration environments, and implementation frameworks designed to accelerate deployment and reduce complexity.

The partnership will also include joint go-to-market initiatives such as partner enablement programs, co-branded workshops, solution showcases, and proof-of-concept (PoC) engagements. These initiatives are designed to equip Redington partners with the knowledge, tools, and support needed to successfully position, sell, and implement AI-powered automation solutions for enterprise and mid-market customers.

Sayantan Dev, Global Head, Software Solutions Group, Redington, said, “The next phase of AI adoption will be defined by execution. Through the Redington AI Exchange Marketplace, we are bringing together the technologies and ecosystem needed to help partners deliver real business outcomes at scale. AutomationEdge’s Agentic AI and automation capabilities strengthen our ability to enable customers to accelerate AI adoption with greater speed, governance, and confidence.”

Prasad Likhite, Chief Sales Officer of AutomationEdge, said, “We are delighted to strengthen our partnership with Redington and accelerate the adoption of next-generation enterprise automation and Agentic AI solutions across the market. The availability of AutomationEdge AI Agents through the Redington AI Exchange Marketplace marks an important milestone in democratizing AI-led transformation, enabling enterprises to rapidly scale intelligent automation initiatives with speed, agility, and measurable business impact. At the same time, it creates significant opportunities for partners to drive innovation, unlock new revenue streams, and deliver greater value to their customers.”

The collaboration also emphasizes localized support, implementation expertise, and customer success services, ensuring that organizations can seamlessly deploy, manage, and scale automation initiatives. By leveraging Redington’s strong partner ecosystem and AutomationEdge’s deep expertise in automation and Agentic AI, the partnership is well-positioned to address the evolving needs of modern enterprises.

As organizations increasingly prioritize productivity, operational efficiency, and AI-led transformation, this partnership marks a significant step toward making enterprise automation and Agentic AI more accessible, scalable, and impactful across industries.

 About Redington

Redington Limited (NSE: REDINGTON) (BSE: 532805), a leading technology solutions provider, empowers businesses in their digital transformation journeys. Guided by its brand narrative “Unlock Next”, Redington goes beyond distribution to remove barriers, accelerate digital adoption, and unlock access, growth, trust, efficiency, and impact—helping businesses, communities, and societies embrace what’s next in technology

About AutomationEdge

AutomationEdge is a leading Agentic Process Automation platform for global enterprises. Its platform enables organizations to automate complex business processes, deploy AI Agents at scale, improve operational efficiency, and accelerate digital transformation initiatives across industries.

Media Contact:
Rahul Wandile
rahul.wandile@automationedge.com

 

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Applied Intuition Launches Dana, the Agentic Platform for Physical AI

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New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

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SOURCE Applied Intuition, Inc.

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