Category — Industrial Goods
Columbus, Indiana-based diesel engine maker Cummins Inc., plans to invest anotehe $160 million in the expansion of its research and development center in India. This technical center in Pune, 90 miles east of Mumbai, is the company’s biggest outside of the U.S., and has 1,500 engineers currently. Cummins India aims to add 500 more over the next year, reports the Economic Times.
Anant Talaulicar, chairman at Cummins Group India said, “India is among our top five markets and tech capabilities available here will grow significantly once the investment is completed.” He added that Cummins has technology for Euro Stage VI diesel and natural gas commercial vehicles, and once the Indian government notifies the norms for Bharat Stage VI, the company will step up research and development for localizing the solutions for the Indian market.
April 15, 2016 No Comments
Last year, GE set up its multi-modal advanced manufacturing facility in Chakan, Pune in western India. The facility was established to produce jet engine parts, locomotive components, wind turbines, and a host of other additively and traditionally manufactured components for a number of GE companies. The facility now employs 1,500 workers, responsible for operating 3D printers and other machinery, reports 3ders.org.
The manufacturing unit in Pune will eventually produce critical end-use components such as the jet engine fuel nozzles, but first it will fulfill a more urgent need: 3D printing replacement parts for broken machinery. Replacement parts, especially for older appliances, can be incredibly difficult to source when those appliances are discontinued or simply made in small quantities. 3D printing these replacement parts is much faster than producing them using traditional manufacturing techniques.
“3D printing isn’t anything new at GE,” said Prabhjot Singh, Manager of GE’s Additive Manufacturing Lab in Schenectady, New York. “It’s been around for decades and has been typically used to repair worn-out or broken down, high-value industrial parts such as compressor blades or gears using laser cladding technology.”
The multi-modal facility in Pune and GE’s development and research center in Bangalore work closely, and the latter designs new products for the Pune plant to manufacture. “We work with GE colleagues all over the world,” said Vinod Kumar, who leads materials and inspection for GE Global Research in Bangalore. “We are part of any global team’s technology project, located in various parts of the world, from day one.”
April 15, 2016 No Comments
Based in Ontario, Canada, Silcotech North America which specializes in liquid injection molding announced plans to spend $600,000 on the expansion of its joint venture with India-based Bonny Products Private Limited.
“We would like to triple production for products catering to the expanding segments of automobile and medical and extend our reach in other sectors,” said Silcotech North America Vice President Isolde Boettger. She added that the company is adding capacity for new end markets in India, including packaging and electronics, as well as expand into nearby countries.
Plastic News reports that the Indian joint venture, located in Noida near New Delhi, began with a small investment of about $250,000 and one Arburg injection molding machine in 2009. It registered double digit growth in the last two years providing specialized process methods like cold runner process molding, two and multi shot molding, silicone over silicone or thermoplastics, and insert molding.
Silcotech has also developed the capability to mold nine different materials in a single mold, with applications in the manufacture of mobile phone cases. It plans to introduce this technology in the Indian venture.
March 27, 2016 No Comments
Reuters reports that India’s industrial output grew at its fastest pace in five years this October, propelled by manufacturing – factory output, utilities and mines grew 9.8 percent, its fastest pace since October 2010. Soumya Kanti Ghosh, chief economic advisor at state-held State Bank of India, reckoned that this data was likely to push overall economic growth for the year ending in March 2016 above 7.5 percent. “The base effect has played a role, but there is also a sequential momentum for manufacturing driving the index of industrial production, which is a good sign,” Ghosh said.
The goods and services tax, a crucial legislation that will add up to two percentage points to economic growth by replacing multiple federal and state tax levies, has been stalled in the parliament, and a lasting industrial recovery is less likely without fixing such structural bottlenecks said Shilan Shah, an economist at Capital Economics. Consumer demand grew 18.4 percent in October compared with a fall of 18.2 percent a year ago, and capital goods, a barometer of investments, surged 16.1 percent from a year earlier.
December 14, 2015 No Comments
In order to capitalize on the growing market in India, Amcor, headquartered in Melbourne, Australia, has acquired Packaging India Private Limited a unit of Essel Propack a specialty packaging company which serves multinational and local customers and generates annual sales of approximately $40 million. The deal was closed for $26.4 million.
Packaging India has three plants and it produces flexible packaging products predominately for the food and personal care markets. (India was one of the best performing emerging markets for beauty and personal care in 2014.)
Amcor currently has four flexible packaging plants in India, and with this acquisition, Amcor increases the local talent pool and adds to the existing blown film and cylinder making capabilities, reports GCI magazine.
August 31, 2015 No Comments