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Volume: XXVII / No.11 (Private Circulation For Members Only) July - 2021
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In Focus
The GST Impact
July 1, 2021, marked the fourth anniversary of the Goods and Services Tax (GST) regime in India. GST was introduced to revolutionize India’s tax system by replacing its indirect taxes with one single tax. The idea behind implementing GST was that businessmen would not have to worry about the number of taxes, consumers would not end up paying much more for goods and services, and the government would earn more revenue. Four years down the line, has GST had the desired impact?…
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Tool Talk
‘Smart manufacturing is the future’
“The sooner you adopt it the better,” says Asim Tewari, a Professor in the Department of Mechanical Engineering and a faculty member of the Center for Machine Intelligence and Data Science (C-MInDS) at the Indian Institute of Technology - Bombay, Mumbai.
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One Q, Many Views
GST: The Game Changer
The Goods and Services Tax (GST), which came into effect on July 1, 2017, has been hailed as one of the significant tax reforms in India. GST has combined a large number of Central and State taxes into a single tax. Four years down the line, MSMEs talk about their tryst with the tax. Read More
Case Study
A safe landing – with measuring technology from BLUM

As the world’s largest manufacturer of landing systems for airplanes, Safran Landing Systems counts Airbus and Boeing among its customers. Blum-Novotest plays an important part in ensuring that the passengers of hundreds of airliners equipped with Safran products reach their destination safely day by day. With the roughness measuring system TC63-RG from BlumNovotest, the Canadian company was able to achieve higher levels of safety and quality in their production process while at the same time greatly reducing production times.

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Industry Updates
  • amace solutions Pvt. Ltd. launches metal additive manufacturing machine, the ALM-400 metal 3D printer
  • Component alignment at the touch of a button
  • HASCO SET – The Standard Engineering Tool for mouldmaking
  • Phillips Machine Tools creates affordable Additive Hybrid Solution
  • Economy treads cautiously optimistic on pent-up demand: ASSOCHAM
  • TKM signs MoU with ACMA for training auto components’ manufacturers
  • Audi, Mercedes-Benz upbeat about electrification journey of PVs in India
  • Fitch Ratings cuts India’s growth forecast to 10%, says rapid vaccination to support revival
  • Foxconn, Wistron, Dell and 16 other firms apply for PLI investments
  • Tata Motors bags order of 15 hydrogen-based fuel cell buses from IOCL
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