In Focus |
Are you ready to
make the biG switch?
5G is set to usher in a new era in manufacturing. It will not only make operations
faster and more efficient, but will also ensure that the manufacturing process is
more transparent and smooth. Like any new technology, adopting 5G will bring
along with it many challenges. The question that you need to ask yourself is:
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In Focus: Metaverse |
How the Metaverse is set to impact
the manufacturing industry?
The Metaverse is attracting social media companies and Silicon Valley figureheads.
Rest assured, it is not something you have to worry about. This article talks about
what exactly is the Metaverse and what opportunities will its popularity among
tech companies and consumers translate into for manufacturing companies.
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In Focus: Industry 4.0 |
What are the advanced Industry 4.0
technologies?
Industry 4.0 is revolutionizing the way organizations manufacture, enhance and
distribute their products. Manufacturers are integrating new technologies such as
cloud computing and analytics, Internet of Things (IoT), AI and machine learning
into their production units and throughout their operations. It has the key to
accessing real-time outcomes and data that will catapult the industry into new
levels of lean achievements.
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Tool Talk |
‘Technology adoption will define
the growth of Indian toolmakers’
“For example, handling more complex products, which require more sophisticated dies and
moulds to manufacture, and the technology that the toolmaker invests in to make such
tools, will decide how toolmakers grow,” says Shatyabrata Das, Sr GM – Tooling, IAC Group.
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Tech Know-how |
The robot has the view
Capturing transparent objects in three dimensions is a major challenge. Researchers at
Fraunhofer Institute for Applied Optics and Precision Engineering IOF have developed a sensor
that is able to solve this problem. The system has now been successfully tested for the first
time with a robot. Applications in large-scale industrial manufacturing processes, such as the
semiconductor or automotive industry, could be possible.
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Case Study |
Linex Manufacturing overcomes
inspection challenges by introducing
metal 3D printed custom stylus on
Equator™ gauging system
A move to Renishaw’s Equator™ 300 automated gauging system gave Linex Manufacturing all
the inspection speed and accuracy it needed. However, on a project implemented before the
larger Equator™ 500 was available, bolt holes on the extremities of a workpiece lay just outside
the gauge’s working envelope. When standard styli and stylus extensions could not reach, an
additively manufactured custom stylus provided the answer.
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ICRA Report |
‘Auto ancillaries’ revenues to
grow by 8-10% in FY2023’
ICRA forecasts the revenue growth of auto
ancillaries at 8-10% in FY2023 led by stable
demand and the likely easing of supply-chain
related concerns in H2 FY2023. The rating agency
also expects the sector’s coverage metrics to remain
comfortable in this fiscal, benefitting from healthy
accruals and relatively low incremental debt funding
requirements.
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FICCI Survey |
‘Growth momentum continues,
employment outlook improves in
manufacturing sector’
by the sector as compared to the previous quarter
(Q-3 of 2021-22), where only 25% of the respondents
were looking at hiring in the next few months.
This percentage has improved significantly to 53%
of the respondents in Q-1 2022-23, who are now
looking at hiring additional workforce in the next
three months. This assessment is also reflective
in order books, as 55% of the respondents in Q-1
(April-June 2022-23) are expecting higher number of
orders, the survey noted.
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Industry Updates |
- TAGMA announces 6th International Tooling Summit
- DesignTech Systems organised a technical webinar
- TAGMA launches Tooling Academy to help the industry with skill development
- India’s Tata Group readying plan for battery company in India, abroad
- Webasto broadens footprint in Asia
- Okinawa Autotech to invest INR 500 crore for manufacturing plant in Rajasthan
- Indigenously-developed Laser-Guided ATGM successfully tested by DRDO &
Indian Army
- Hypertherm announces release of ProNest 2023 CAD/CAM nesting software
- Cut longer with Kennametal’s KCK20B™ and KCKP10™ indexable milling grades
- The new MACH line for supersonic threading
- For a quick start: MTB application kits
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