WE ARE AIMING TO ACHIEVE RS 1,500 CRORE REVENUE MILESTONE IN INDIA BY FY24: Shivaji Waghmare, CEO of Fuji Electric India

Fuji Electric India, a subsidiary of a 100-year-old group Fuji Electric Co. Ltd, is witnessing exponential growth in the country. The industrial automation and energy-efficient solutions provider recently surpassed Rs 1,000 crores for the FY 2022-23 and aims to generate Rs 1,500 crore in annual revenue in India by 2024. In an exclusive interview, Shivaji Waghmare, CEO of Fuji Electric India, discusses with Nisha Shukla the future roadmap for the company, which also involves enhancing manufacturing, R&D, and workforce capabilities in India whilst fostering a strong “In India - For India” approach

"A CLEANER PLANET WILL BE ACHIEVED THROUGH SCALING REGENERATIVE PACKAGING SOLUTIONS"

“By working together, we can transform our collective vision of a cleaner planet into a reality through accessible compostable alternatives to single-use plastic,” claimed Jagdeep Hira, Business Head, Yash Pakka Ltd. In this interview with Dipika Lalwani, he sheds light on the company's commitment to responsible manufacturing practices in crafting compostable base materials for packaging and tableware. Hira revealed the company's long-term goal to propagate this cause on a global stage, and reform the future of sustainability

"EMBRACING DIGITAL TRANSFORMATION WILL BECOME IMPERATIVE FOR PLAYERS"

Unlocking the potential of digital technologies in the manufacturing sector is essential for businesses to thrive in today's highly competitive market. Rakesh Prasad, Senior Vice President of Strategy and Solutions at Innover, sheds light on how the company has successfully fostered the adoption of digital technologies in manufacturing, empowering businesses of all sizes to drive innovation, efficiency, and growth in an interview with Dipika Lalwani

FUJIFILM India installs digital printing press Revoria PC 1120 at Megha Enterprises

FUJIFILM INDIA has paved the way into the heart of the digital printing space with the installation of its cutting-edge digital printing press Revoria PC 1120 at Megha Enterprises at Okhla region

JYOTI CNC UNVEILS TACHYON SERIES

Tachyon is a unique concept column moving fast machine, which is suitable for fast drilling and tapping operation where continuous production line requires precision component output in mass

IGUS TO INVEST RS 100 CRORE TO STRENGTHEN OPERATIONS IN INDIA

igus, a world leader in motion plastics, announced the setup of a new facility at Bengaluru, India

S&P GLOBAL INDIA MANUFACTURING PMI® RECORDS HIGHEST PURCHASE QUANTITY IN 12 YEARS

Demand conditions have strengthened as factory orders rise at an unprecedented rate. This surge has resulted in increases in production, employment, and quantities of purchases

"INDIA CAN OUTPACE CHINA'S DOMINANCE WITH MAKE IN INDIA"

The experience of being in the semiconductor trading business came in handy for Ekkaa Electronics. But what excites Sagar Gupta, Director, is the fact that the company is building a base for manufacturing TVs, a sector where China is a major player, as of now in India. In an interview with Nisha Shukla, the young entrepreneur talks about how a familyrun distributor of electronic components determined its journey to becoming an ODM for LED televisions. The junior Gupta believes that the manufacturing industry offers exciting opportunities for developing cutting-edge technologies and contributes to the Make in India initiative, the vision of the Hon’ble PM Modi

CHARGING UP AGAINST ALL ODDS

As the adoption of electric vehicles (EVs) accelerates, the demand for a robust and widespread EV charging infrastructure grows. Despite several challenges that are causing roadblock to its seamless implementation, the charge point operators are finding innovative ways to tackle these hurdles. Besides, they suggest implementation of smart charging solutions to optimise the use of renewable energy sources

INDIGENISATION OF BATTERY MANUFACTURING IS THE NEED OF THE HOUR: BATTERY MANUFACTURERS

Battery manufacturers are voicing the need for developing a robust cell manufacturing ecosystem, new cell chemistries, and technologies to accelerate EV adoption in India

REVVING UP FOR 'EV'OLUTION

With the adoption of EVs picking up pace in India, manufacturers are facing a myriad of challenges impacting their growth. As they face every new challenge head-on, the manufacturers are constantly devising new strategies to stay buoyant. While these strategies would not be enough, the industry, on the other hand, seeks all-inclusive policy support and a robust indigenous supply chain ecosystem to enable end-to-end localisation of EVs in India

IS INDIA SAFELY WIRED?

The cable and wire manufacturing industry in India is currently facing a critical challenge concerning safety in its operations. According to NCRB data, almost 1.1 lakh people have died due to electrocution from 2011 to 2020, which translates to nearly 30 fatalities every day. Recognising the gravity of the situation, prominent companies within the industry are actively transforming their systems to prioritise safety across various aspects, including manufacturing processes, consumer safety, and environmental well-being. These efforts aim to establish India as a secure and fire-safe nation

"THE INDIAN MACHINE TOOL MARKET LIKELY TO SEE A THREE-FOLD GROWTH IN NEAR FUTURE"

With India gradually evolving as a new hub for the manufacturing, TK Ramesh, MD of Ace Designers Pvt Ltd, is confident that the Indian machine tool market has immense potential to witness exponential growth in the next 3-5 years. He also outlined key trends, new services, and technologies launched by his company recently and the perks of associating with a one-of-its-kind platform - Festival of Manufacturing

WIDMAT INTRODUCES DEEP HOLE DRILLING MACHINE

The die and mold industry in India has been experiencing significant and consistent growth over the years. As indicated by researchandmarkets.com, the Indian market alone is expected to grow by more than $1 billion from 2021 to 2025, progressing at a compounded annual growth rate of 9 per cent.

IGUS EXPANDS ITS IGUBAL FC SERIES WITH A NEW DOUBLE JOINT

In the food industry, machine components have to meet very high hygiene requirements so as not to pose a safety risk. Since 2019, the motion plastics specialist igus has been offering igubal Food Contact (FC), a special spherical bearing system made from high-performance polymers that comply with FDA and EU 10/2011 for direct contact with food.

"OUR VISION IS TO BECOME A TIER-1 PROVIDER OF E-POWERTRAIN SOLUTIONS AND POWER SUPPLY SYSTEMS"

A look at how Inovance Technology India is bringing its EV experience and engineering know-how to India as the country moves towards wider digitisation and greater environmental sustainability.

"THERE IS A NEED FOR SIGNIFICANT INVESTMENTS IN CHARGING INFRASTRUCTURE TO SUPPORT THE GROWTH OF EVS"

Niranjan Nayak, MD, Delta Electronics India talks about the challenges and requisites to create a robust EV charging infrastructure in India

OUR TRACTORS ARE MADE BY THE FARMER, FOR THE FARMER"

Over the years, Swaraj, as a brand, has developed some distinct characteristics. Being a part of the agricultural ecosystem in Punjab, the company has cultivated a close bond with farmers and is aware of their needs. In an exclusive interaction, Harish Chavan, CEO - Swaraj Division, Mahindra & Mahindra Ltd reveals that the engineers working with Swaraj hail from areas which share a dependence on farming, and thus are well-versed with farmers’ grievances. “If the engineer belongs to a metropolitan city like Mumbai, he would be unaware of their needs,” he says, and this ability to build tractors according to the need has given Swaraj tractors the much-cherished brand value. Edited excerpts:

"WE ARE AIMING TO ACCELERATE GROWTH IN THE NON-AGRICULTURAL SEGMENT"

Ajit Venkataraman, CEO of Finolex Industries Limited, discusses how his pipes and fittings business delivered the most profitable Q3 and the factors contributing to this growth. He also touched upon the new market segments the company is aiming to tap and how they are dealing with volatility in the prices of PVC pipes in an interview with Nisha Shukla.

"WE HAVE ALREADY ACHIEVED 95 PER CENT LOCALISATION OF OUR EVS"

Gaurav Kumar, Head of Supply Chain & Manufacturing, Euler Motors, discloses how his company is aggressively working towards end-to-end localisation of their EVs. He also focuses on the requisites for creating a localised quality EV value chain and their industry-first innovations - battery thermal management systems and liquid-cooled battery system in an interview with Nisha Shukla.

"WE HAVE SEEN CONSIDERABLE SUCCESS IN SELLING LEATHER-LIKE FABRICS"

With its foray into the Indian market yielding positive results, HTL Group, the leading sofa manufacturer and leather tannery operator, is optimistic about its growth in the country. In an interview, Phua Yong Tat, Co-Founder of HTL Group of Companies, shares his outlook on India as a potential market for furniture manufacturing, innovating new fabric ranges, emerging trends, capacity expansion plans and the impact of Industry 4.0 on furniture manufacturing.

Biesse Group donates machines to promote skill development in the manufacturing sector

BIESSE, a pioneer in designing and manufacturing machines, has donated a Rover Gold 1232 CNC Machine & CAD/CAM software for advanced training to Hettich Poddar Woodworking Institute (HPWWI), Faridabad.

Mahzooz sponsors Future Rehabilitation Centre in establishing a multi-sensory facility

EWINGS, the Managing Operator of Mahzooz, UAE’s leading weekly draw with the biggest and most frequent payout, has sponsored Abu-Dhabi-based Future Rehabilitation Centre’s multisensory room, a facility that provides sensory assistance to around 145 children of determination who are part of the centre’s students.

Ipower Batteries Pvt. Ltd. launches India's first Lithium Magnesium Iron Phosphate batteries

IPOWER BATTERIES PVT. LTD. has recently announced that it has developed India’s first LMFP (Lithium Magnesium Iron Phosphate) batteries for EV industry.

Tata Elxsi partners with IIT Guwahati to foster EV technologies

TATA ELXSI LTD, a leading global technology services provider for the Automotive and Transportation industry, has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology, Guwahati (IIT-G) to jointly work on developing and commercialising state-of-the-art solutions for the electric mobility market.

MG Motor India launches 4th edition of 'Drive Her Back' initiative

MG MOTOR INDIA, a British automobile brand, has onboarded candidates for the 4th edition of 'Drive Her Back'; an initiative aimed to empower women to re-establish their careers after a break.

VANDE BHARAT EXPRESS IS A SYMBOL OF A RESURGENT AND ASPIRATIONAL INDIA

Sudhanshu Mani, Creator & Innovator, Vande Bharat Express

THE FESTIVAL OF MANUFACTURING, LET'S KEEP CELEBRATING!

As we celebrate this festival, let's take a moment to appreciate the incredible impact that manufacturing has on our lives. Everything we use, from our phones to our cars, has been made by the skilled hands of engineers, designers, and technicians. Their hard work and dedication allow us to enjoy the comforts and conveniences of modern life.

LET'S GEAR UP!

Gursaurabh Singh, Founder, Dhruv Vidyut

ISCAR'S FACE & SHOULDERS MILLS

The world of metalworking is undergoing major changes. Complex machining processes are unimaginable without the utilization of face milling operations. Face milling processes facilitate the preparation of datum surfaces by producing planes and flats and enable improving precision and surface quality parameters. Moreover, the production of many rotating parts is incomplete without face milling. Face milling is the very operation that cannot be undermined.