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Volume: XXVIII / No.10 (Private Circulation For Members Only) June - 2022
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In Focus
Global opportunities knock on India’s door
A recently published Deloitte report said that India remains an attractive market for international investors in terms of both short-term and long-term prospects. Even as India finds itself as a lucrative option to foreign investors, toolmakers will need to focus on improving quality, enhancing capacity and adopting the latest technologies, among other aspects, if they want to play a crucial role in the global growth story.
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Material Matters
Overmolding in the Plastics Industry
Have you ever wondered the type of techniques in overmolding or the type of materials that you can use for the overmolding process? This article is your definitive guide to acquiring in-depth insights upon overmolding techniques and processes.
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Report
CVs, PVs to drive auto sector growth this fiscal
Two-wheeler, tractor growth to stay sluggish; profitability of auto OEMs to rebound from a low Commercial (CV) and passenger (PV) vehicles will continue to drive recovery in India’s automotive sector volume this fiscal, while two-wheelers and tractors are expected to underperform once again.

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Survey
Ease of doing business for MSMEs steady, digitization help significantly, says PHDCCI Ease of Doing Business (EODB) Survey
Overall ease of doing business for MSMEs at the scale of 100 is 64; manufacturing MSMEs at 67 and service MSMEs at 61. According to an extensive survey of more than 5,000 MSMEs, conducted by PHD Research Bureau of PHD Chamber of Commerce and Industry for Ease of Doing Business (EODB) for MSMEs, the overall EODB for MSMEs has been observed at 64 on the scale of 100, of which EODB for manufacturing MSMEs is at 67 and service MSMEs is at 61.

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Case Study
Double Enveloping Worm Threading on a Multi-Tasking Machine
Recently, a customer challenged Mazak to develop a programming and machining solution for producing a variety of Double Enveloping Worm Threads. The customer not only wanted the solution to be user-friendly and provide the ability to adjust the thread geometry based on inspection data (such as a roll test with a Master Worm Gear), but to also allow for the use of common off-the-shelf cutters.
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Tech Know-how
Driverless, fully electric, vehicle model-independent – Continental redefines tire braking tests

Continental’s fully electric and driverless test vehicle ‘AVA’ enables high-precision braking distance measurements on dry and wet roads. The tire braking tests under fully controlled test conditions will set new standards for tire development.

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Industry Updates
  • Hitachi Energy inaugurates transformer components factory in Gujarat
  • FISME, EQARO partner to create collateral free digital lending platform for MSMEs
  • Tata Motors signs MoU with Lithium Urban Technologies for one of the biggest EV fleet deployments in India
  • Chip consortium ISMC to set up $3 billion plant in India’s Karnataka
  • Alstom delivers India’s first semi high-speed regional train for Delhi-Meerut RRTS project
  • Hyundai Motor India partners with Tata Power to power-up EV-charging infrastructure in India
  • M&M to invest INR 15,300 crore to fortify position in auto, farm equipment and EVs
  • Hypertherm announces release of ProNest 2023 CAD/CAM nesting software
  • Cut longer with Kennametal’s KCK20B™ and KCKP10™ indexable milling grades
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Industry Focus
Manufacturing a smarter pivot to electric vehicles

For over a century, the automotive industry has been a dominant influence over all aspects of industrial manufacturing. Today, as the process of moving from internal combustion engines (ICE) to electric vehicles (EV) gathers pace rapidly, we continue to see the wide-ranging impact of technology convergence within this sector.

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Amol Padhye