The 6th edition of the International Tooling Summit (ITS) was recently held at Hotel The Leela Ambience, Gurugram, on September 21-22, 2022. Organised every year by the Tool and Gauge Manufacturers Association (TAGMA), it is India’s largest die and mould conference. With more than 400 visitors, the 6th ITS edition witnessed around 40 speakers discussing various topics that impact the Indian tooling industry....

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According to ICRA, EV battery demand in India (in relation to domestic sales) is expected to touch ~15 GWh by 2025 and ~60 GWh by 2030 and investments in cell manufacturing are estimated to exceed ~INR70,000 crore by 2030.

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“NIT Kurukshetra partners with Siemens to train over 350 students in industry-grade software. Technological advancements are accelerating and in turn, transforming the global economy. The National Institute of Technology (NIT), Kurukshetra, is one of India’s first technical, higher education institutes. During its journey of over five decades, the institute has made remarkable strides in teaching, learning, research, innovation, entrepreneurship and outreach activities.

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BLUM presents new FormControl X measurement software
Blum-Novotest, leading supplier of innovative and high-quality measuring and testing technology, recently presented FormControl X for reliable process automation. “The foundation of intelligent automation solutions is process data that is evaluated live or very quickly and serves as a control variable for process optimisation. The automation reacts to the measurement result and readjusts to ensure that the process always remains within the predefined limits,” explains Wolfgang Reiser, Technology Division Manager at Blum-Novotest. “With the new FormControl X software, Blum-Novotest presents a solution for machining centres, which can be used to gain much more knowledge by continuously measuring workpieces in the machining process.”

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According to a survey commissioned by Continental, 60 percent of Germans regard the recognition for skilled occupations as inadequate. Better pay and more flexible working conditions are seen as the most effective means to increase appreciation. The causes of unfilled training positions include poor pay and lack of recognition. The survey also revealed a clear trend – young people favour a college education over vocational training.

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• President of India inaugurates HAL’s Integrated Cryogenic Engine Manufacturing Facility; lauds HAL-ISRO partnership
• LML plans to raise up to INR 500 crore; first product in second half of 2023
• Hero Electric to invest INR 1,200 crore in greenfield facility in Rajasthan
• Transition from ‘who will do it’ to ‘we will do it’ will usher in a new era in India’s manufacturing story: Piyush Goyal
• Tata Motors makes India’s trucks smarter, safer and more efficient
• MOD signs a deal for dual role Surface-to-Surface BrahMos missile with BAPL
• Saab to set up manufacturing facility in India for Carl-Gustaf
• Crisp-ML – a model for the introduction of artificial intelligence
• TAGMA organised Annual General Meeting in Bengaluru

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Since the start of this decade, leaders around the world are saying that this decade belongs to India. There is a sense of positivity among global businesses and companies are looking towards India with a lot of hope and optimism.
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Recollecting what has happened in the last two years during the COVID period… large economies of the world spent a lot of money on various types of stimuli, people had money to spend because there was no spending on vacation, travel or eating at restaurants, they instead spent on buying cell phones, laptops, fitness machines, home appliances and so on. This led to a good demand for such products. So, post-pandemic, we had a consumption-led recovery.
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