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L&T to own 100% of LTSSHF; to buy NPCIL stake

A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more

Moulding the future of manufacturing

Despite the global turmoil, the Indian tooling industry performed exceptionally well in 2023. With emerging segments (like electric vehicles, railways, aerospace, etc) opening up new avenues of growth, Indian tool makers are expecting an even more successful 2024, says Rakesh Rao. Read more

Forging is a crucial element for success in industries

Forging is considered to be an indispensable process in the manufacturing industry due to its ability to offer precision & versatility, meet the stringent demands of various applications, and enhance material properties. These attributes collectively position forging as a crucial element for success in industries that demand high-performance, reliable components, states Vikas Bajaj, President, Association of Indian Forging Industry (AIFI) and MD & CEO, Bajaj Motors. In this interveiew with RakesRead more

Indian Railways explores export opportunities for Vande Bharat locomotives

The current trains are suitable for broad gauge, customisation may be necessary to adapt to the standard gauges used by many countries globally.Read more

ForgeTech India fosters success with innovation, collaboration within forging industry

The Association of Indian Forging Industry (AIFI) successfully concluded ForgeTech India 2023, the country's premier forging industry conference and exhibition, on November 5, 2023. Read more

Talbros Automotive secures Rs 580 cr new business, including major EV order

A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more

AIFI to host ForgeTech 2023 in Pune for Indian forging industry

Baba Kalyani, MD, Bharat Forge, will be presenting the keynote address at the event, which will be organised by the Association of Indian Forging Industry (AIFI) from Nov 3-5, 2023.Read more

RKFL aims to double revenue with Strategic Expansion Plan

The company, headquartered in Calcutta with manufacturing facilities in Jamshedpur, is pinning its hopes on several key developments including acquisition of JMT Auto.Read more

Modern Automotive provides special steel engineering solutions to OEMs

Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more

Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components

The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more

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