News

Bangalore, India – The Tool & Gauge Manufacturers Association of India (TAGMA India) recently elected DK Sharma, Executive Vice President & Business Head, Godrej Tooling, as its new President.

Kolkata, India – Germany has conferred the 'Cross of the Order of Merit' to Rajesh Nath, Managing Director, VDMA India. Instituted in 1951 the award is also known as Bundesverdienstkreuz.

New Delhi, India – Indian Electrical and Electronics Manufacturers' Association (IEEMA) has made a representation to the Government of India and the GST Council regarding high GST rates on electrical wires and cables.

Bangalore, India – The 71st Annual General Meeting of IMTMA held recently at Banagalore International Exhibition Centre, witnessed President PG Jadeja appraise the performance of the Indian Machine Tool industry in the last one year while drawing attention to the Association's efforts instrumental in its progress.

Due to higher quality standards, increasingly complex component designs, as well as modified coating materials and layer structures, cleaning plastic automotive parts in flatbed coating lines is becoming a major issue. OEMs too are increasingly demanding automated cleaning processes. Suitable for Industrie 4.0 applications, the quattroClean snow-jet technology meets these demands with ease.

The country's manufacturing sector is constantly on the lookout for ways to minimise waste streams and maximise its cost savings. Chip compacting could be a major step towards industrial waste management for reducing national loss and contributing to sustainability.

Mumbai, India – FAG Bearings India Ltd, a leading manufacturer of industrial and automotive bearings, has changed its corporate name to Schaeffler India Ltd recently. The process of changing the company's name was completed after the required regulatory and subsequent shareholder approvals were obtained.

Gurugram, India – Zavenir and Kluthe Group have announced a major strategic 50:50 joint venture, named Zavenir Kluthe. The aim of this tie-up is to cater to the needs of Automotive, Automotive Ancillaries, Heavy Engineering, and Plastic Industry.

Cleveland, US – The US cutting tool consumption recently totaled to $191.93 million according to the US Cutting Tool Institute (USCTI) and the Association for Manufacturing Technology (AMT).

New Delhi, India – The manu-facturing sector outlook shows improvement in the first quarter of the fiscal (April - June 2017-18) due to a rise in the percentage of respondents reporting higher production as compared to previous quarter, according to FICCI's latest Quarterly Survey.