It is undeniable that the die and mould industry is the cornerstone and backbone of mass manufacturing. India’s die and mould sector has developed over the years and now holds a prominent position in the world of the manufacturing.
India’s market for dies and moulds is anticipated to grow at a CAGR of 9% during the forecast period. The industry is booming with prospects since it can meet a variety of unique demands from many growing industries, namely automotive, construction, electronics and electrical, healthcare, and machine tools. Many OEMs have started manufacturing in India in line with the Make in India initiative. This will further drive the growth of the die and mould industry.
EV revolution in India
Amid growing concerns over fossil fuels and global warming, electric vehicles are gaining popularity. By 2030, the Indian government wants 30% of private cars, 70% of commercial vehicles and 80% of two and three-wheelers to be electric. Consumers are preferring electric vehicles over ICE as the former provides more advantages in terms of environment and finance. Moreover, there are many policies announced by the state government which will further escalate the growth and demand for EVs.
Policies like monetary subsidies on EV purchases, exemption from road tax, vehicle registration fees, & low loan interest rates on EV purchases will increase the demand among end consumers considering the benefits. The government liberalised the EV standards to establish a productive environment for EV charging. According to the new regulations, public charging stations (PCS) can be installed by any individual or organisation without a license.
Adapting the EV ecosystem
この記事は EM - Efficient Manufacturing の September 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は EM - Efficient Manufacturing の September 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Evolving for Decades: Transformative Journey of Lead-Acid Batteries Continues
From ancient electrochemical experiments to modern energy storage innovations, the Lead-Acid Battery's enduring evolution powers the world's progress with unmatched versatility and sustainability.
India's Alternative Fuel Landscape
This article unfolds the structure of alternative fuel development in India with a crucial phase towards sustainable industrial growth. Alternatives such as biofuel, hydrogen, LNG, and electricity are transforming industries as well as shaping the future of the nation.
Accelerating India's Automotive Manufacturing [with ERP Solutions]
Rapid technical breakthroughs are revolutionising customer happiness and manufacturing in the dynamic automobile industry. Agile ERP solutions are essential to enable simpler operations and faster expansion in light of the growing demand for electric vehicles.
Evolving Fire Safety Regulations: Challenges in Compliance
Adapting to evolving fire safety regulations is crucial for ensuring building integrity and occupant safety. Modern compliance strategies must balance stringent safety standards with the growing demand for sustainable construction materials.
PLC and SCADA in Industrial Automation: Driving Efficiency and Precision
PLCs and SCADA systems are vital technologies in industrial automation, enabling precise control, monitoring, and optimisation of processes across various industries. As these systems evolve with advancements like lloT and Al, they are driving smarter, more efficient operations in the age of Industry 4.0.
ISCAR'S HELIMILL and HELI2000: Driving Progress in Modern Milling Solutions.
ISCAR'S HELIMILL revolutionised the milling industry with its innovative design, using helical cutting edges to enhance performance, accuracy, and durability. The latest advancements, including the HELI2000 platform, integrate highpressure cooling and advanced carbide grades, pushing the boundaries of modern milling technology.
Fortifying Supply Chain resilience with Predictive Analytics
The article emphasises the critical importance of resilient supply chains in the face of various disruptive events. It highlights the significant challenges many companies face in achieving supply chain resilience and discusses how emerging technologies like Al, ML, and lot offer promising solutions.
Battery as a Service and the EV Ecosystem
This article emphasizes the transformative potential of Battery-as-a-Service (BaaS) in the Electric Vehicle (EV) ecosystem, highlighting its cost-efficiency, flexibility, and role in accelerating EV adoption. It explores how BaaS can revolutionise EV ownership in India, making sustainable transportation more accessible and scalable.
"Industry 4.0 is essential for sustainable manufacturing"
..says Shailendra Goswami, Chairman & Managing Director at Pushkaraj Group in conversation with Arun Bhardwaj. He shared insights on how Industry 4.0 technologies, sustainability, and innovation are transforming the manufacturing landscape.
In the memory of Ratan Naval Tata: A Tribute from the Efficient Manufacturing Team
Ratan Naval Tata, born on 28th December 1938 in Mumbai, was one of India’s most revered Industrialist and Philanthropist.