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Drilling and completion fluids market worth $ 12.76 billion by 2023
According to a new market research report the global drilling and completion fluids market is expected to grow from an estimated $ 9.62 billion in 2018 to $ 12.76 billion by 2023, registering a CAGR of 5.82% during the forecast period.Read more
Germany’s Schmersal opens first global support IT centre in Pune
The Germany-based Schmersal Group, a manufacturer of electromechanical safety and lift switchgear and systems, has opened its first global support IT centre in Pune. The centre - inaugurated by Michael Ambros, Managing Director, K A Schmersal GmbH & Co KG, is spread across an area of 3305 sq ft with a workforce of 15 functional and technical consultants.Read more
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We are expanding manufacturing facilities to tap the global market
The extensive range of products offered includes silicone transparent tubes (peroxide and platinum cured), platinum cured silicone transparent braided hoses, silicone autoclave gaskets, FBD inflatable gaskets for fluid bed dryer, tri clover gaskets (silicone, viton, EPDM), silicone and viton sheets, ‘O’-rings (silicone, viton, EPDM, nitrile and neoprene), silicone solid cords ( round and square type), etc.Read more
Awareness of standard parts among small toolmakers is increasing
The Germany-based FIBRO GmbH is one of the leading global players in the fields of standard parts and rotary tables. According to Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt Ltd, the demand for die & mould is on the high as OEMs look to increase the local contents in the final product.Read more
I am by heart half Indian
Andreas Zeiger, CEO, EMAG India Pvt Ltd, which offers CNC metalworking machines from turning to grinding with a machine tool solution for every application.Read more
AM reduces capital required for scale & scope
Additive manufacturing is an important technology innovation whose roots go back nearly three decades. Its importance is derived from its ability to break existing performance trade-offs in two fundamental ways. First, AM reduces the capital required to achieve economies of scale. Second, it increases flexibility and reduces the capital required to achieve scope.Read more
3D Printing: Adding a new dimension to manufacturing
Though automotive companies are using additive manufacturing (AM) to make limited products, its usage will increase with evolution in product and supply chain requirements. In this ever evolving market, Rakesh Rao says that AM can become a potential game changer for future operations of automotive businesses.On June 5, 2017, ISRO created a history by launching India's heaviest rocket carrying communication satellite GSAT-19 from the Satish Dhawan Space Centre in Sriharikot. The GSAT-19 has beeRead more
KBR Awarded Ammonia Plant Contract for HURL Project in India
KBR, Inc. announced today that it has been awarded an ammonia plant contract by Toyo Engineering Corporation (TOYO) for the Hindustan Urvarak and Rasayan Ltd (HURL) greenfield urea project in Gorakhpur, India.Read more
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Proposal to amend the classification of MSMEs gets green lit by the Union Cabinet
The Union Cabinet has approved the Ministry’s proposal to amend the Section 7 of the Micro, Small and Medium enterprises Development (MSMED) Act, 2006 to change the criteria of classification of MSMEs from ‘investment in plant & machinery/equipment’ to ‘annual turnover’Read more
Automation Fair 2018 hones to boost manufacturing industry towards GDP 25%
More than 200 CXOs representing 22 leading corporate vowed to contribute towards India’s GDP target from 17.1% to 25% at the India’s largest automation fair RAOTM 2018 held in Gurugram. Read more