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…
Read More
|
|
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.
Read More
|
|
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.
Read More
|
|
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.
Read More
|
|
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.
Read More
|
|
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.
Read More
|
|
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
Read More
|
|
|