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INDIA SET TO MAKE RAPID STRIDES IN MANUFACTURING

India began the financial year 2024-25 on an encouraging note with leading institutions including the International Monetary Fund (IMF) projecting a strong 6.8 percent growth despite the ongoing geopolitical scenario. Also, the Reserve Bank of India (RBI) projects a GDP growth of 7 percent for the current fiscal year that started from April 1, attributing it to consumption demand and private capex spending.

PUBLISHER’S NOTE

Dear Readers, With many industries shifting their base to India in recent years, the country has become a center point for manufacturing. Global giants like Apple (phone manufacturing), Tesla (automobile manufacturing), and Foxconn (electronics manufacturing) are prime examples

BEING UNSTOPPABLE…

A couple of decades ago, it was almost unthinkable for the Indian Manufacturing sector to rise as a global hub of production activities. Cut to the chase, today the sector is redefining the country’s economic landscape. The nation's steadfast commitment to industrial growth is drawing global investments.

AI and Industrial Automation: The Ultimate Solution to Manufacturers’ Challenges in 2024

The manufacturing industry faces a confluence of challenges: rising material costs, supply chain disruptions, and ever-evolving customer demands. In this turbulent environment, manufacturers are actively seeking technological solutions to bolster their resilience, efficiency, and competitive edge. The synergistic combination of artificial intelligence (AI) and automation represents the ‘ultimate antidote’ for manufacturers seeking to unlock peak efficiency, performance, and productivity.

Breaking The Barriers Between Art and Engineering

The German car company BMW ran an ad featuring the Dutch Engineer and Kinetic Artist Theo Janson, a few years back. In the ad Janson says, "The walls between Art and Engineering exist only in our minds. And only a few have the imagination to see beyond them". 

AI IN THE MACHINE TOOL INDUSTRY

The Machine Tool industry, a pivotal player in global manufacturing, stands on the brink of a revolutionary transformation driven by Artificial Intelligence (AI). This integration marks a significant departure from traditional manufacturing practices, heralding an era of smart manufacturing that surpasses the realms of mere automation.

PUBLISHER’S NOTE

Dear Readers, When it comes to attaining manufacturing excellence there aren’t any pre-defined success mantras. Innovations too do not happen by taking recourse to shortcuts. The herculean efforts that a multidisciplinary team of engineers and researchers put into developing a new technology while staying away from public glare culminate in a product finding the light of day.

INDIA’S PURSUIT OF GROWTH AMIDST GLOBAL CHALLENGES

In recent years, India has been the cynosure of all eyes with its ever-improving economy. As per a report by S&P Global Market Intelligence, India’s nominal GDP is slated to reach around US$7.3 trillion by 2030. By then, it may overtake Japan and Germany, becoming the world’s third-largest economy by the close of the decade.

INCHING TOWARDS Technological Sovereignty

With the aim to foster growth, encourage investments, and accelerate home-grown capabilities, the Indian Government, for some time now, has been taking initiatives to promote the Semiconductor industry.

Sandvik Coromant Unveils CoroMill® Plura HD for Enhanced Productivity

Machine shops always seek to enhance productivity, improve efficiency, and cut costs, driven by market demands and the constant push to stay competitive. Solid carbide end mills for roughing are one solution to these needs, but many existing tools on the market show limitations in performance—both in tool life, productivity, and process security.


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