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Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Tips to manufacture pressure vessel using metal 3D printing technology

Arc-based metal 3D printing can be more flexible and economical than machining or forming processes, especially in case of complex geometries. There are compelling reasons to use them to additively manufacture pressure vessel.Read more

Salvagnini showaces solutions at EuroBLECH 2024

The Generation 4 lineup was engineered to eliminate low-value-added activities, reduce lead times, and optimise production flows, ultimately lowering product costs while enhancing business competitiveness. By focusing on user-friendly technologies, Salvagnini empowered manufacturers to meet and exceed market demands effectively.Read more

ETA launches Dynaform 7.2: A sheet metal forming simulation software

Notable enhancements include improvements in Blank Size Engineering (BSE), Die Face Design (DFD), Formability Simulation (FS), and Tube Bending & Forming (TBF).Read more

GOI approves Konoike Transport as buyer of Ferro Scrap Nigam for Rs 320 billion

FSNL, founded in 1979, specialises in recovering and processing scrap from slag in steel plants.Read more

Shyam Metalics began Phase I of a greenfield Cold Rolling Mill at Jamuria plant

The project was commissioned in September 2024.Read more

GST Council introduces Reverse Charge Mechanism on metal scraps

Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more

Shyam Metalics shares rise 3% post expansion announcement in steel and aluminium

Shyam Metalics operates a unique business model in the metals industry, sourcing around 80% of its power from captive plants.Read more

Manufacturing tech startup Fabrication Bazar raises $3 million funding

The profitable start-up Fabrication Bazar (Ben & Gaws), which has built a network of nearly 330+ verified vendors across India and Vietnam, will use the funds to further enhance the tech platform, increasing geographic presence primarily in GCC and SEA regions, and team expansion.Read more

SKH collaborates with Magna International for automotive innovations

This alliance is set to enhance product offerings, broaden market reach, and push technological boundaries in the automotive industry.Read more

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