Author: DINESH G
Passenger vehicle sales in India declined in November after a blip in the previous month, prompting the nation’s main auto industry group to call for tax cuts to spur demand for cars and motorcycles. Sales of passenger vehicles fell 0.8% to 263,773 units last month, the Society of Indian Automobile Manufacturers, or SIAM, said in a statement on Tuesday. Sales had risen 0.3% in October on the back of festival demand. Cars witnessed an 11% slump to 160,306 units in November, although sport-utility vehicles saw sales surge nearly 33%. SIAM’s automobile sales are counted as factory dispatches, and not retail…
Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas. The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk co-founder and chief executive Amrit Acharya told TechCrunch in an interview that the startup has also raised about $14.2 million in debt from a consortium of banks, and others. Existing investors Accel, Sequoia India and Kae Capital also participated in the round, which pushes the…
Weak demand and muted output prices may further weaken the manufacturing sector, dragging it in the second half of the fiscal year as well. The industrial production in India is contracting since August 2019 and even the forecast indicates no relief in the near-term. A contraction in output of eight core industries, which constitute 40 per cent of the index of industrial production, extended into the second consecutive month in October and became more pronounced, said RBI in its December bulletin. The index is pulled down by the downturn in coal, electricity, cement, natural gas and crude oil. Low capacity…
Although it may not be obvious, there’s a close link between manufacturing technology and innovation. Elon Musk often talks of the “machines that build the machines” as being the real enabler in both his space and automotive businesses. Using less-expensive, more scalable processes allows Space X to launch missions on budgets and with speed that would be unthinkable using NASA’s old-school manufacturing methods. And the new Tesla Cybertruck’s unorthodox design appears to take advantage of a simplified manufacturing process that does away with “die stamping” metal in favor of bending and folding metal sheets. Now a new manufacturing method dubbed…
Sanofi, which has moved purposefully into high technologies to get more from its manufacturing, will lean heavily on that strategy to shrink costs and fatten margins. Using robotics, artificial intelligence and new generation manufacturing should save it half a billion euros in annual costs by 2022. So says Sanofi CFO Jean-Baptiste Chasseloup de Chatillon who was filling in some details of new CEO Paul Hudson’s €2 billion cost-savings plan laid out Tuesday during Sanofi’s investor conference. “It is a leapfrogging of productivity. It reduces cycle time,” Chasseloup de Chatillon said on a webcast of the conference. And by how much.…
Tata Consultancy Services (TCS) signed new partnership with Elisa Smart Factory, part of the Finnish telecommunications company Elisa, to market and deploy the latter’s industrial Internet of Things (IIoT) and advanced analytics solutions to a wide range of manufacturers across the world. TCS works with leading manufacturers globally to scale up product innovation and pursue transformation initiatives. lt offers a comprehensive suite of services and solutions to help manufacturers build future-ready operations. The partnership with Elisa Smart Factory adds an expanded range of IIoT and smart factory solutions to this portfolio, TCS said in a statement. Description: Advertisement”TCS will customise,…
Shell Lubricants India showcases future ready solutions at EXCON 2019 enabling “Less Downtime, More Go Time” for industry players largest construction equipment event in South Asia Shell Lubricants, the global market leader in finished lubricants showcased its flagship products and key services at the 10th edition of EXCON India 2019 – the International Construction Equipment and Construction Technology Trade Fair organized by the Confederation of Indian Industry (CII). Shell firmly believes that the right lubricant can bring substantial savings in the construction sector by maximising equipment efficiency and reducing downtime. In line with this, the company’s display was well received…
The CECIMO General Assembly elected Dr Hans-Martin Schneeberger as President of CECIMO for a period of two years on 5 December 2019 in Brussels. His term will focus on the setting of global standards and the uptake of Artificial Intelligence. Succeeding in this role Dr Roland Feichtl, Dr Hans-Martin Schneeberger has been entrusted with the responsibility of leading the European Association that represents more than a third of the world machine tool (MT) production. In a highly competitive and uncertain global market, CECIMO and its members have to convey, to both the national and European institutions, the clear message that…
Jeremy Bunting, Managing Director of Facet Precision Tool grew up in the cutting tool industry, getting a hands-on education from a young age and then using this experience to start his own business. From laying out a brand-new manufacturing centre; to shaping and promoting Facet’s reputation; to training up a high performing team who are passionate about the craft of cutting tools – Jeremy has built the foundations for success. Jeremy begins: “I started designing my first tools at age 14 in America as part of the family business, using manual grinding as well as conventional grinding to manufacture tools.…
Propulsion problems resolved after demanding overhaul of 19 MW motor in just 26 days A cruise liner operating with a reduced top speed can have difficulties keeping to its itinerary, so when one vessel had to cancel a destination, the owners needed the situation resolved quickly. Specialists from Sulzer have worked day and night to replace damaged coils in a 170-tonne (186-ton), 19 MW (25’500 hp) propulsion motor in an on board repair. Through the cooperation of several service centers the project was delivered on schedule, meeting the owners’ expectations. Cruise liners offer holidaymakers a wide variety of relaxing experiences…
Bosch Power Tools India, complete range of power tools provider for construction, woodworking, and the metalworking industry inaugurated their company-owned service center in Mumbai, India dedicated to tool repairs and service. It aims to provide quality solutions and customized support services. Bosch Power Tools has authorized service centers and authorized service dealers run by channel partners and dealers. With their brand-owned establishment, Bosch seeks to provide expeditious yet efficient service to its users while maintaining the absolute authenticity of accessories and spare parts. Panish PK, Regional Business Director – India and SAARC – Bosch Power Tools said, “Bosch Power Tools’ offerings are designed to…
P30-1 Edge finishing machine is applied for tool edge finishing, surface polishing and after coating process. Edge Finishing (Rounding): Tool edge Finishing keeps highly consistent. According to roundness requirement, the Finishing process can generally be controlled in 1~20 minutes under the levelμ, highly maintaining Finishing consistency. Polishing: Tool surface polishing largely prolong tool life. 5-30 minutes’ tool surface polishing before tool coating can significantly reduce roughness of cutting groove and tool surface, thus to effectively improve the adhesion of tool edge coating, reducing the breaking probability and prolonging tool life. After-coating process: Clear particles to improve cutting efficiency. Micro-particles generate…
If additional movements are needed in a mould, designers often rely on mcam pins, compression springs or latch locks. Now there is an alternative from FIBRO: Mould Line, the gas spring for mould making. Gas springs are always the right choice whenever, for instance, another intermediate plate or a slidem,unit is to be moved parallel to the mould opening at the parting line. Benefits include, above all, pressure monitoring and simple force control. An additional aspect is the overload protection. Should a component, which is to be moved, be jammed – for example, a stripper or an intermediate plate in…
By integrating a servo drive directly into a servomotor in an ultra-compact design, AMP8000 Distributed Servo Drive system from Beckhoff offers cost and space savings The new AMP8000 distributed Servo Drive system from Beckhoff breaks new ground for modular machine concepts. The space-saving AMP8000 integrates a servo drive directly into a servomotor in an ultra-compact design. By relocating the power electronics directly into the machine, the control cabinet only needs to house a single coupling module to supply power to multiple servo drives with a single cable via a distribution module. The result: significant savings in terms of cost, space,…
Wet or dry? This is no longer the question! Electrode milling in conjunction with cooling lubricant offers a good alternative to dry working. An extensive comparative test of Zecha’s SEAGULL® tools demonstrates the numerous advantages of wet milling: cleaner working, more flexible machine utilisation, improved dimensioning and lower tool wear The many advantages that graphite electrodes offer have made them the mainstay of spark erosion – no manual reworking, no deburring, hardly any burn-off, even intricate geometries are possible and the electrode comes out of the milling machine ready for eroding. Nevertheless, its manufacture frequently continues to be plagued by…