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Volume: XXVIII / No.6 (Private Circulation For Members Only) February - 2022
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Union Budget in Focus
A step towards ‘aatmanirbharta’?
Stating the expectations from Union Budget 2022-23, a Deloitte report had said, “The Union Budget is expected to put the economy on an accelerated growth path after the impact caused by the pandemic. Amendments in the tax law to bring about sustainable growth, infrastructure investment, focus on R&D spending, nurturing incentives to the core sectors including manufacturing and services, tapping the huge experience of running captive centres are some of the priority items on the agenda of the Government... Ease of tax compliances, simplification and digitisation are the cornerstones to enhance the ease of doing business in India.” Has the Union Budget succeeded in doing this? Here’s what the experts have to say…
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Management Mantra
Union Budget 2022-23:
A stepping stone for Indian manufacturing
The Indian manufacturing sector is poised to grow and Union Budget 2022-23 has laid the foundation for it. But merely making provisions will not be sufficient. The manufacturing sector needs government support at the policy level in order to flourish.
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Tool Talk
‘The tooling requirement for toys is tremendous’
“A majority of toys, especially plastic toys, need moulds. And, no toy is made with just one mould. If I remember correctly, in January 2020, we had a meeting with the ministry during which we had told them that about 400 thousand toys are introduced in India every year. Now, if we do the math, we are looking at 1.5 million tools every year,” says Manish Kukreja, President, The All India Toy Manufacturers Association [TAITMA) and CEO, Min Toy Pvt. Ltd.
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Leaders Speak
‘The Indian die and mould industry is now rapidly expanding’

“A little over a decade ago, we (CAD/CAM technology professionals) were among the very first to ask the tooling industry to look at the upcoming aerospace market as a domain to expand into – and the success of this is already visible. Similarly, the time is ripe for the die and mould industry in the country to continue to adopt newer technologies and foray into niche, high-precision markets, like in the past,” says Vineet Seth, Managing Director, Mastercam India Private Limited.

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Exhibitors’ Views

Abhijith Bhat N., Managing Principal, Manleo Designs
Relying on crude, conventional methods in processes can lead to lower productivity, reduce ability to scale and accept a bigger share of high-precision, as compared to other countries that are adopting technology and doing this competitively. But I believe that 2022 will be a very positive year


Anubhab Hazra, Managing Director, ZWINDIA
Die & Mould India gives everyone a platform to meet other fellow toolmakers and technology providers across India. Over the years, the event has helped the members to grow their business. In the upcoming Die & Mould India exhibition,


A.R. Bhujbal, Sales Manager, Nakashi CNC
Die & Mould India has been a great experience for us. It not only gives us a platform to learn about various solutions but also helps us understand the expectations of our customers. So, if you’re looking to gain more knowledge about the industry, Die & Mould India is the place to be


Nadir Khan, Manager, NCBrain India
The Indian tooling industry is poised for growth. Toolmakers have understood that customers now give more importance to quality rather than only quantity. That’s why a lot of toolmakers are using good quality machines and tools to get the machining jobs done.


Pradeep Singh Marwaha, Partner, Liba Enterprise
The Indian tooling industry shows promising potential for growth in 2022. I see the Indian die and mould industry moving towards adopting more and more advanced technologies.


Raktim Baruah, General Manager, Mersen India Pvt. Ltd.
The Indian tooling industry is a significant contributor to the country’s manufacturing GDP and will remain vital to the nation’s progress and prosperity. The Indian die and mould making industry has evolved over the years and today, competes on a global stage.

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Material Matters
Copper: The secret weapon of injection moulding

When it comes to injection moulding, a main characteristic you want to be looking for in materials is thermal conductivity. If plastic objects are to be manufactured, the molten plastic needs to cool down as quickly as possible to increase productivity. It turns out that there is a prime candidate for industrial heat exchanging among metals, and it is called copper.

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Industry Updates
  • OPEN MIND Offers Integrated Software Solution for CNC Manufacturing
  • PCD tools: The design makes the difference
  • Govt expects INR34,090-crore investment under PLI scheme for electronics manufacturing
  • India’s Q3 manufacturing outlook improves, cost of doing business remains cause for concern: FICCI
  • Faurecia and HELLA announce the name of the world’s seventh largest automotive supplier
  • Toyota heading to moon with lunar cruiser featuring robotic arms
  • Aidrivers and Ashok Leyland: combining expertise in the development of clean, greener autonomous vehicles
  • Bosch to invest INR2,000 cr. in India in next five years
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