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High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
For the first time India’s auto component exports exceed imports
The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more
First virtual IPF Industrial Excellence Forum to be held on Jan 15-16, 2021
With 4 Panel Discussions, more than 20 Speakers, 50 Exhibitors, over 30 Industry Awards and 1000+ Audience, “IPF Industrial Excellence Forum 2021†(Awards, Conferences and Exhibition) will bring key stakeholders on one stage - an ideal branding platform for companies.Read more
Kabelschlepp India introduces new cable carrier UA1775
The cable carrier in new size – more height, more width – offers more space for medium and large cable packages.Read more
IPF Video Roundtable: Gearboxes of tomorrow to be smart and compact
Industrial Products Finder (IPF) hosted a video Roundtable - titled “Gearbox industry: Geared up for the future?†- on November 20, 2020 which discussed how Industry 4.0 is leading to smart gearbox (which is critical, yet complex component) and impact of Covid 19 on gearbox market. Rakesh Rao reports...Read more
FLIR Systems unveils industry first flexible dual sensor videoscope
New FLIR VS290-32 offers a dual-sensor, electrical safety-rated videoscope for safer and more efficient industrial inspection.Read more
Continental India celebrates production of 50 mn wheel speed sensors
The localisation efforts substantially benefited from the safety regulations introduced in April 2019 - mandating Anti-lock Braking System (ABS) in all the passenger cars and 2-Wheelers upwards of 125 CC caused a spike in demand for wheel speed sensors.Read more
Competition Commission hosts virtual workshop with BRICS on automotive sector
The CCI is the project co-lead of the Automotive Working Group (AWG) along with the Competition Commission, South Africa.Read more
Motherson Sumi buys Bombardier’s electrical harnesses unit in Mexico for $ 10 mn
Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico.Read more
Loophole closed: DGFT disallows tyre imports via DFIA route
The DFIA was the only remaining loophole which allowed the import of tyres, rest were curbed in June by DGFT.Read more