GROWING NEED FOR FUTURISTIC TECHNOLOGY IN DIE AND MOULD MANUFACTURING
The Machinist|April 2022
India's die and mould sector, one of the prominent contributors to the Indian economy, is set to grow with a CAGR of 9 per cent by 2025. The article explains why Industry 4.0 is necessary for the growing die and mould sector.
Pankaj Abhyankar
GROWING NEED FOR FUTURISTIC TECHNOLOGY IN DIE AND MOULD MANUFACTURING

It is undisputed that the foundation and way forward for mass production depends upon the die and mould segment.

The assembly of all physical products begins with a die and mould before being shipped by the company. In India, the die and mould industry has become one of the foremost contributors to the Indian economy due to its progression and technological advancements, with an expected CAGR of 9 per cent by 2025.

GROWING OPPORTUNITIES

Technology has evolved significantly since the invention of handmade tools. Globalisation and Industry 4.0 have emphasised innovation of die and moulds across industry segments. The automotive industry is a key consumer of die and moulds in the country. Apart from the auto industry, the electrical and electronics segments are also projected to drive demand. Some other emerging industries expected to create demand for die and moulds in India include consumer durables, medical, white goods and defence.

The die and moulds segment is driven by new opportunities for the lightweighting of products and safety-critical parts. Simulation technology en les output prediction and helps refine the design before manufacturing. Moreover, the development of 3D printing enables better thermal management of plastic moulds and die casting dies.

CONTRIBUTION TO THE EV REVOLUTION

Recently, the Government of India reiterated its focus on electric vehicles (EVs) as a part of the Union Budget 2022. It has introduced a battery swapping policy that will enable private players to set up battery swapping stations, encouraging further advancements for EVs. The primary components with business opportunities for tool rooms in electric vehicles will be for the motor casing, light-weighting and transmission parts along with their structural parts.

Bu hikaye The Machinist dergisinin April 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Machinist dergisinin April 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE MACHINIST DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS
The Machinist

IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS

igus, the motion plastics specialist, now offers a rotation module online configurator that allows engineers to design, and order customised rotary energy supply systems in seconds.

time-read
2 dak  |
November 2024
WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION
The Machinist

WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION

Nikhil Rao, VP of Operations at Flex India, discusses how Flex is redefining manufacturing through technology, sustainability, and a global workforce. He shares insights into Flex’s vision, investments in automation and digitalisation, the latest industry trends, including its partnership with the Reverse Logistics Association.

time-read
5 dak  |
November 2024
INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING
The Machinist

INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING

Imran Kagalwala, Co-Founder of UNIX India, discusses strategies and challenges in electronics manufacturing, including public-private partnerships, tariffs, and the Make in India initiative. He also highlights leveraging India's demographic dividend, achieving a 300 billion economy, and UNIX's Umbergaon facility in an interview with Nisha Shukla.

time-read
3 dak  |
November 2024
CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING
The Machinist

CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING

Mohan Babu University initiated the Continuous Collision Monitoring System CCMS) project, led by Prof. N. Harathi and students, to enhance safety technologies and provide hands-on experience with piezoelectric sensors, bridging education and industry needs. In an exclusive interaction with Nisha Shukla, Prof. Harathi discusses the project’s motivations, goals, market readiness, and challenges.

time-read
4 dak  |
November 2024
BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT
The Machinist

BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT

BluPine Energy, a leading renewable energy services company in India, has launched impactful initiatives to empower communities around its operational sites and promote sustainable development in Punjab.

time-read
1 min  |
November 2024
POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES
The Machinist

POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES

Industrial automation has transformed production by providing precision and efficiency across various sectors. This article explores how Inovance Technology's solutions are revolutionising the manufacturing, energy, and transportation sectors with innovative products that enhance productivity and sustainability.

time-read
2 dak  |
November 2024
HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?
The Machinist

HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?

In an exclusive interaction, Ranjit Ray, Vice President Economic Zones, Middle East, North Africa, and Subcontinent, DP World, delves into the benefits and challenges associated with Free Trade Warehousing Zones FT WZs) in India, focusing on how they enhance global trade, streamline logistics, and provide unique advantages to various industries.

time-read
5 dak  |
November 2024
UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY
The Machinist

UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY

The author emphasises AI’s significant role in optimising hiring and workforce management in manufacturing industry; while also cautioning about potential challenges these technologies may bring to the sector.

time-read
2 dak  |
November 2024
OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM
The Machinist

OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM

For over two decades, Dubai Industrial City has been a key driver of innovation and sustainability in the region's manufacturing and logistics sectors. Ina discussion with Nisha Shukla, Saud Abu Alshawareb, Executive Vice President Industrial at TECOM Group PJSC delves into Dubai Industrial City’s cutting-edge infrastructure, its support for smart manufacturing under Industry 4.0, and the strategic partnerships that enable businesses to innovate and expand globally.

time-read
5 dak  |
November 2024
DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY
The Machinist

DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY

The 8th Global Conference on Plastics in Automotive, held in Pune, concluded on a high note, offering the industry actionable insights and thought-provoking discussions.

time-read
4 dak  |
November 2024