Godrej Industries' Chemicals Business has completed the acquisition of the Food Additives Business of Savannah Surfactants, according to a statement. "As a leading player in Oleochemicals, Surfactants, Specialities and Biotech sectors, this transaction will help the company expand its product offerings to the Food & Beverages Industry globally," the Godrej Group firm said in the statement on Monday. Commenting on the development, Godrej Industries (Chemicals) Executive Director and Chief Executive Officer Vishal Sharma said this acquisition is in line with the company's vision and strategy to grow in a profitable and sustainable manner. "The Savannah business will be part of our Speciality chemicals sector. The addition of this Food Additives Business will expand our speciality offerings and build a larger speciality business going forward," he said. Located in Goa, Savannah Surfactants has a manufacturing capacity of 5,200 MTPA of finished products. Established in 1963, Godrej ..
The government aims to capture five per cent of the global market share in additive manufacturing or 3D printing with expectations to add nearly USD 2-3 billion to the GDP in the next 2-3 years, Union Minister Ashwini Vaishnaw said Thursday. Under the National Strategy on Additive Manufacturing, the government plans to create 50 India-specific technologies for material, machine, process and software to make India a 3D-printed design and manufacturing hub. "The value of precision electronics is high. It is estimated to contribute USD 2-3 billion in GDP coming 2-3 years," Communications and Electronics & Information Technology Ashwini Vaishnaw said while announcing the strategy. The strategy aims to create 100 new start-up, 500 additive manufacturing products and 50 Indian additive manufacturing technologies on material, machine, process and software. "We have taken some clearly defined goals in this strategy. We are targeting 50 new India-specific technology, 100 new start-up, 10 ..
The assessment was made against design data development and control, additive manufacturing process and build control, and reception, storage and handling of feedstock, for Wipro 3D's Bengaluru unit
Two companies aim to strengthen and expand the benefits of 3D printing in manufacturing value chain in sectors such as aerospace, automotive and tooling