In Focus |
Aim for the sky!
Opportunities are opening up for the Indian defence and aerospace industries. News reports
highlight that India is extensively focussing on indigenous production and is attracting
investments from companies across the globe. India is gradually developing into a manufacturing
hub for global firms, who have reportedly expressed interest in ‘Making in India’ and sharing
profits. This manufacturing growth story could possibly open up several prospects for
toolmakers. However, toolmakers need to equip themselves with the necessary infrastructure
and skills before they look to explore what these industries have to offer.
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Leader Speak
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‘This is the right time for any manufacturing
MSME and toolmaker to pitch-in and contribute towards defence production'
Mr. S. M. Vaidya, a veteran in aerospace
manufacturing and Executive VP & Business Head - Godrej Aerospace, Godrej & Boyce Mfg. Co. Ltd., has been very active in TAGMA events. He has previously shared his views at the International Tooling Summit 2019 and urged toolmakers to start focussing on the aerospace and defence industries as well. We get another opportunity to discuss the current scenario of the aerospace and defence industries and the opportunities in store for toolmakers.
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Union Budget 2021-22 |
Industry applauds “pro-growth” Budget
Honourable Finance Minister Mrs. Nirmala Sitharaman presented the first-ever
digital Budget on February 21, 2021. The Union Budget 2021-22 rests on six
broad pillars, namely, Health and Wellbeing, Physical and Financial Capital and
Infrastructure, Inclusive Development for Aspirational India, Reinvigorating
Human Capital, Innovation and R&D and Minimum Government and Maximum
Governance.
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Tech Know-how |
On the path toward zero-defect
production with Bosch AI
More precise than any eye or ear, faster
than any mind: artificial intelligence captures and processes terabytes of data in a matter of seconds, helping humans understand complex relationships at a glance and take action. The Bosch Center for Artificial Intelligence (BCAI) has developed an AI-based system that detects anomalies and malfunctions in the manufacturing process at an early stage, reliably reduces reject parts, and improves product quality.
Speaking at Bosch’s digital AI conference ‘AI CON’ held in March, Bosch CDO/CTO Dr. Michael Bolle said: “The use of artificial intelligence will make factories more efficient, more productive, more eco-friendly – and will make products even better. Our new AI solution will save plants millions in costs.”
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Event Report |
Aero India 2021 gets
off to a flying start
The inaugural ceremony for Aero India
2021, Asia’s largest aerospace and defence exhibition, was held at Air Force Station,
Yelahanka, Bengaluru, between February 3 and 5, 2021. This year, Aero India 2021 was organised
in hybrid mode with a concurrent virtual exhibition
to encourage maximum participation.
Flagging off
Opening the proceedings, Secretary (Defence
Production) Shri Raj Kumar addressed the gathering
and said that India has taken a leap in organising
a completely COVID-compliant aerospace and
defence exhibition.
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TAGMA’s Digital Initiatives |
Truventor.ai joins hands with TAGMA for a
webinar on on-demand manufacturing
Webinar on Integrated Tooling Solutions
ZWIndia organises webinar for TAGMA members
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Patron Members |
- ANAND MOULD STEELS PVT. LTD
- PUROHIT STEEL INDIA PVT. LTD
- VASA SPECIALITY STEELS PVT. LTD
- XCEED TOOLINGS PVT. LTD.
- YUDO HOT RUNNER INDIA PVT. LTD.
- ZAHORANSKY MOULDS AND MACHINES (P) LTD.
BENEFITS – ORDINARY MEMBERSHIP
BENEFITS – PATRON MEMBERSHIP
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Industry Updates |
- HAL signs agreement with Elbit Systems for supply of Digital Overhead Head Up
Display Systems
- Toyoda Gosei receives Toyota’s Technology &
Development Award for development of high-pressure hydrogen tanks
- Union Minister discusses collaboration in space sector with Brazilian counterpart
- Shri Piyush Goyal calls for working towards ensuring India’s recognition
on the global stage as a quality conscious country
- SIDBI and NSE explore feasibility of debt capital market platform
for MSMEs
- Successful launches of VL-SRSAM Missile System
- ‘Government will make efforts to create level playing field against unfair
competition in promoting toy industry’
- Carbide and cermet grades for biocompatible tools in the medical
industry from CERATIZIT
- Intech Additive Solutions launches its Large Format range of
Metal 3D Printers - the ‘iFusion LF series’
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