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GST: A structural reform propelling India's growth story with greater compliance
With Goods and Services Tax (GST) becoming operational from July 1, 2017, the whole government machinery is working day & night to ensure smooth roll out and efficiency at every step. While there are no two opinions about the long term benefits of the one-tax regime, there are concerns being raised by the industry with respect to implementation and initial compliance issues. Let’s look at the positive side first.Read more
LANXESS launches new PBT compound for battery components in electric cars
Speciality chemicals company LANXESS has developed a new compound called Pocan AF4130 in collaboration with HELLA KGaA Hueck & Co., based in Lippstadt, Germany. It serves as a housing material for a battery management unit (BMU) and two cell monitoring units (CMU). The blend of polybutylene terephthalate (PBT) and acrylic ester-styrene-acrylonitrile (ASA) contains 30 per cent by weight glass fibers and a halogen-based flame retardance package.Read more
Auto Components Industry on a roll
Combined with a proactive government policy and the increasing investments by OEMs, there are several triggers which will push the Indian auto component industry to a new high. Read more
Suhner tools now also for use in robots
All tried and tested Suhner tools are now also used in robots. For 50 years now, Suhner power tools have been successfully used in manual and industrial applications for abrasive surface machining. The main application area is the manual production during grinding, cutting and polishing for such materials as stainless, aluminium or stone. They are used in the fields of machine construction, boiler construction, foundries as well as tool and mould making.Read more
