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PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra
Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more
CRISIL: Lower oxygen supplies to impact SMEs in key five sectors
These 5 sectors - metal fabrication, automotive components, shipbreaking, paper, and engineering - typically do not have captive oxygen plants and source their need through merchant suppliers for operations such as welding, cutting, cleaning and chemical processes, says CRISILRead more
Harting develops solutions & components for EV charging infrastructure
As part of the press highlight tour at Hannover Messe, Harting has now showcased an innovative charging connector.Read more
igus develops stable SLS material for 3D printing of components
No plastic waste is produced as the excess powder can be used several times and printed parts can be recycled. The parts made of the new SLS powder - like all igus materials - need no additional lubrication and are very structurally stable.Read more
Auto industry: Localisation movement needs government support
While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for IRead more
PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment
With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more
Philip Harting re-elected as Chairman of ZVEI’s “Electronic Components and Systems†trade association
Harting has been an elected member of ZVEI's board of directors since 2014. Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more
Igus to deliver 3D printed lubrication-free components worldwide
Motion plastics specialist, igus, last year has delivered around 120,000 additively manufactured components comprising wear-resistant functional components, prototypes and easily configurable replacement parts. Read more
TNBA urges to stop auctions and strengthen boiler MSMEs
The association demanded the case of MSME NPA units in Tiruchi must be given a special consideration as they provided employment, paid taxes promptly and followed other statutory obligations.Read more