In Focus |
PLI Scheme:
India’s Attempt at Going Indigenous
The Production-Linked Incentive (PLI) Scheme is designed with a goal — making
manufacturing in India globally competitive by eliminating hurdles for various
sectors, helping companies achieve economies of scale, and ensuring efficiency.
The Scheme is expected to attract global investments, generate employment
opportunities, and increase exports substantially. It is also likely to lead to
investments in innovation, research and development, and upgradation of
technology. Toolmakers believe global and domestic companies, including
MSMEs, are likely to benefit from the Scheme.
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Tool Talk
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‘Toolmakers have to build relations with
tier-1s and OEMs in India’
“When I say build relations, it is not only
about going across and meeting companies.
They have to create an environment wherein
all the stakeholders of the system sit together
and develop tools, share knowledge and
challenges,” says V. T. Venkateshwara Rao,
DGM - Tooling Cell (CDMM), Mahindra and
Mahindra.
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Leaders Speak |
‘India is in the best position to become the
second factory for the world in future’
“India is the best alternative, as we are the biggest
democracy, have a stable government, and highly
skilled manpower. I see the current geopolitical
situation is perfect for India. Now it’s all up to how
we grab these opportunities. We are already a
hub for medicine manufacturing, and automotive
manufacturing. Now, we should aim to become a hub
for tool manufacturing,” says Viral Shah, Managing
Director, XCUT Technologies.
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Case Study |
3D Printing and Optimization of
Pump Impellers
Whenever any industrial challenge arises, there is likely a capability and a team of people
available to overcome it. The following industrial solution case study fits the same bill. In this
case study, Objectify Technologies Pvt. Ltd. explains how using a 3D-printing application has
helped them develop and manufacture pump impellers for a client.
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Additive manufacturing technology
enables servo valve innovation
With the help of metal additive manufacturing (AM) technology from global engineering
company, Renishaw, UK-based Domin Fluid Power Ltd. (Domin) has produced a new range of
direct drive valves. Founded in 2012, in Bristol, Domin, is disrupting the hydraulics industry by
redesigning servo valves from first principles to achieve a better performing, more sustainable
product at a lower price point.
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Factory Insight |
Nissan unveils Nissan
Intelligent Factory
Nissan unveiled a production line at its
Tochigi Plant featuring the Nissan Intelligent
Factory initiative, in October. This unique
initiative supports the manufacture of next generation vehicles using innovative technologies
and contributes to the realization of carbon neutrality.
Nissan also announced a roadmap to achieve carbon
neutrality by 2050 at its production plants around
the world
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Tech Know-how |
Automated Driving:
Activity detection
inside the vehicle
Is the driver tired or even asleep? Cameras in the vehicle’s interior can already
monitor this. Especially in the case of automated driving, interior cameras are
important and prescribed by law. A new system developed by the Fraunhofer
Institute for Optronics, System Technologies and Image Exploitation IOSB is the
world’s first to be able to use image data to draw conclusions about the driver’s
activity and analyze how quickly they would be able to take control of the vehicle.
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Industry Updates |
- BIG KAISER releases two dial indicator stands with 220 lb. capacity
- Low-leakage couplers for flawless and reliable temperature regulation in
cleanrooms machine conditions and set ups
- GWS Tool Group releases
new Hurrimill™ AT4 all-terrain end mill
- Optimised milling for vibration-free machining
- Alstom delivers the first trainset for Kanpur Metro
- Government committed to bolstering IPR ecosystem in India: Union Minister
- From ‘Fragile Five’ in 2013, India now one of the most preferred
investment destinations: Secretary, Economic Affairs, GoI
- Government to aim for 30% EV sales penetration for private cars by 2030:
Union Minister Gadkari
- Chip shortage: Auto retailers staring at huge losses this festive season
- HAL delivers heaviest Semi-Cryogenic Propellant Tank to ISRO
- Maharashtra govt bags INR 2,800-cr investment for manufacturing EVs
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