Page 27 - Manufacturing

Toy industry can learn from expertise of G20 members to boost manufacturing

Expertise of G20 member countries such as the US and China can help the Indian toy industry boost domestic manufacturing capabilities and exports, according to the sector experts. Toy Association of India (TAI) Chairman Manu Gupta said the G20 presidency with India provides an opportunity to showcase India as an attractive investment destination. In G20 we have both, the biggest producers and consumers of toys in the world. From the US, India can learn about improving per capita consumption of toys as they are excellent learning tools for kids, Gupta said. He added that the US has a strong toy market, and studying their strategies and approaches can help India increase toy consumption among its population. On the other hand, Gupta said China is known as the world's toy factory, and India can certainly leverage its existing strengths, such as its workforce and technological abilities, to enhance the toy manufacturing capabilities. Learning from China's expertise in mass production,

Apple tests using 3D printers to make devices in major manufacturing shift

The new approach has the potential to streamline Apple's supply chain and kick off a broader shift

Apple tests using 3D printers to make devices in major manufacturing shift

The new technique uses a type of 3D printing called binder jetting to create the device's general outline at close to its actual size, or what is known in manufacturing as the "near net shape"

3M agrees to pay $6 bn to settle earplug lawsuits from US service members

Chemical and consumer product manufacturer 3M has agreed to pay USD 6 billion to settle numerous lawsuits from US service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company. The settlement, consisting of USD 5 billion in cash and USD 1 billion in 3M stock, will be made in payments that will run through 2029. The agreement announced by the Minnesota company on Tuesday marks a resolution to one of the largest mass torts in US history. Hundreds of thousands of veterans and current service members have reportedly sued 3M and Aearo Technologies, a company that 3M acquired in 2008, over their Combat Arms Earplug products. The service members alleged that a defective design allowed the products which were intended to protect ears from close range firearms and other loud noises to loosen slightly and allow hearing damage, according to Aylstock, Witkin, Kreis, & Overholtz PLLC, one of the law firms representing ...

Opportunity to increase share of global manufacturing in India: FedEx CEO

A significant opportunity exists to strengthen global manufacturing in India, according to President and CEO of global transportation giant FedEx Raj Subramaniam. Addressing a session at the B20 Summit organised by CII, Subramaniam on Friday said about the opportunity for India to reduce non-tariff barriers, and make it streamlined and easy so that the goods can flow across borders as smoothly as possible. "India represents about 2.8 per cent of global manufacturing. Who here will doubt that we can double that, triple that, what is the limit," he said, adding, "There is a significant opportunity to increase the percentage of global manufacturing in India and I think this is a moment of opportunity here". The FedEx CEO observed that there lies "a significant opportunity while we double or triple manufacturing there is an opportunity to reduce the cost of logistics as a percentage of GDP in India, maybe even halve it". He praised the PM Gati Shakti - a National Master plan for ...

K.V. Karthik of Tamil Nadu's Deccan Industries Elected President of Indian Pump Manufacturers Association

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USFDA grants VAI classification to Torrent's Gujarat manufacturing site

The US health regulator has granted Voluntary Action Indicated classification to Torrent Pharmaceutical's manufacturing site in Dahej, Gujarat. A VAI classification means objectionable conditions or practices were found but the agency is not prepared to take or recommend any administrative or regulatory action. As per the information available on its website, the United States Food and Drug Administration (USFDA) has granted Voluntary Action Indicated (VAI) classification to the plant. The Dahej site was earlier placed under 'Official Action Indicated (OAI)' classification based on a March 2019 inspection outcome. OAI means "objectionable conditions were found and regulatory administrative sanctions by FDA are indicated" during inspections. The Dahej site was re-inspected by the USFDA between May 17 and May 25, 2023 and the officials had issued Form 483 with two observations. Form 483 is issued to a firm's management at the conclusion of an inspection when the investigator has ..

Honeywell sets up airfield ground lighting manufacturing facility in India

Honeywell on Wednesday said it has set up an Airfield Ground Lighting (AGL) manufacturing facility in Gurugram, Haryana. "AGL is a Make in India product engineered and manufactured completely in India. AGL plays a crucial role in airport operations and is subject to comprehensive safety and compliance regulations by global aviation standards and regulatory bodies," it said in a release. According to the company, AGL solution represents the entire set of ground-installed luminaires and related ancillaries that help an aircraft land and find their way to the stand, helping enable uptime even in adverse weather conditions. "As Honeywell, we are delighted to step up the manufacturing line for advanced airfield ground lighting system which is completely designed, developed and manufactured in India. These highly advanced solutions are key to meet the airports need for balance in compliance, safety, and environmental standards. "The new Honeywell LED lighting solution for runways and ..

TN CM lays foundation stone for Rs 4,276 cr 400 MLD desalination plant

Tamil Nadu Chief Minister M K Stalin laid the foundation stone here on Monday for a 400 Million Litres Per Day (MLD) desalination plant, set to be the biggest in south east Asia. The Rs 4,276.44 crore plant is to be set up with assistance from Japan International Cooperation Agency (JICA). To cater to the growing need for drinking water, steps have been taken by the state government to set up a 400 MLD plant at Perur on East Coast Road in Chengalpattu district, an official release said, adding, "This plant will be the biggest in Southeast Asia. Work to establish the plant will be completed before December 2026." The desalination plant will use technologically advanced water treatment systems such as dissolved air flotation and dual media filtration. The proposed new plant would benefit 22.67 lakh people living in localities under the Greater Chennai and Tambaram municipal corporations, apart from 20 village panchayats near Chennai city. The government also reported on the status o

China's Honor stages India return with local mfg plans in early 2024

Honor had stopped selling its smartphones in India and reportedly retreated last year amid limited marketing budget and less prudent portfolio management

Manufacturing push can add 50-100 bps to GDP till 2030: UBS Securities

The aggressive manufacturing push, especially in the electronics space, driven partly by the relocation of Asian supply chain away from China, is unlikely to yield any tangible results to India's growth at least in the next three years, according to a foreign brokerage. Tanvee Gupta-Jain, the chief economist at UBS Securities India, said that if the country continues to benefit from the supply chain shifts away from China and structural reforms, GDP should rise to 6.25-6.75 per cent annually by 2030 under an optimistic scenario and generate up to 4 million jobs annually. In the most optimistic scenario, the growth is likely to be 6.75-7.25 per cent. According to Gupta-Jain, the present manufacturing push under the various PLI (Production Linked Incentive) schemes, particularly for electronics, is unlikely to yield any major benefit to GDP or exports. This is because at present, there is no economies of scale in the absence of a manufacturing ecosystem wherein components are also ..

Govt rolls out quality norms for ceiling fans to boost domestic production

The government has issued mandatory quality norms for electric ceiling fans to curb the import of sub-standard goods and boost domestic manufacturing of the electric fans. A notification in this regard was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on August 9. Items under Electric Ceiling Type Fans (Quality Control) Order, 2023, cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. "It shall come into force with effect from six months from the date of publication of this notification," the notification said. Till now, BIS certification rules were not applicable for electric ceiling fans. Violation of the provision of the BIS Act can attract imprisonment of up to two years or a fine of at least Rs 2 lakh for the first offence. In case of second and subsequent offences, the fine will increase to a minimum of Rs 5 lakh and extend up to 10 times the value of goods or articles. According

Indian enterprises increase AI adoption in post-Covid era: PwC report

Indian enterprises have increased AI adoption and industrial products and the manufacturing sector seeing maximum adoption rates following the Covid-19 pandemic, a report said. According to a PwC report titled 'Towards a smarter tomorrow: Impact of AI in the post-COVID era' the industrial products and manufacturing sector has seen the maximum adoption of AI/ML (Artificial Intelligence/ Machine Learning) over the last two years. Almost 64 per cent of the organisations surveyed in the industrial products and manufacturing sector say they are currently at an early stage of their AI-based transformation journey reflecting the opportunities for further investments and growth led by AI/ML solutions in this sector, it said. PwC said it conducted surveys with 220-plus CXOs and decision-makers across the Indian market in 202223. This was a follow-up to the survey conducted in 2020. "While there has been a significant increase in AI adoption with scalable impact in terms of returns, trends .

IPhone maker Foxconn cuts 2023 sales forecast after mobile demand sags

Foxconn also known as Hon Hai now expects most of its main business segments, including smartphones, to contract "slightly" this quarter and over the entire year

US recognises India's enormous intellectual capital: Policy expert Sowle

America recognises India's enormous intellectual capital, and integrating India with the manufacturing ecosystem in core sectors like semiconductor will be key, according to policy thinktank founder Guruprasad Sowle. He said that the US is no longer looking at India only as a destination for services. Sowle, who heads Indus International Research Foundation (IIRF), had met Prime Minister Narendra Modi during his state visit to the US in June. "Even if it means transfer of technology from US to India, gradually that will happen because there are certain technologies that America was not really forthcoming in terms of sharing but after this visit by the Prime Minister, there is a considerable shift towards manufacturing in India," Sowle said. He noted that there was a paradigm shift where the US is no longer seeing India only as a destination for services. "They are seeing India to step up in core sectors, especially aerospace and defence, automotive, healthcare, artificial intellig

Afghanistan sees 70% fall in manufacturing activities due to power shortage

The decline in manufacturing activities occurred due to severe power shortages, which led to the loss of thousands of jobs for the local people

Private manufacturing majors may give super-critical thermal plants a miss

This includes distancing themselves from the new and emerging super-critical technology

Drugmaker asked to stop production after non-standard quality samples: Govt

A Punjab-based drugmaker was asked to stop all manufacturing activities after samples collected from its premises, following an alert by the WHO, were found to be "not of standard quality", the Lok Sabha was informed on Friday. Minister of State for Health Bharati Pravin Pawar, in a written reply in the Lower House of Parliament, said the World Health Organization (WHO) issued a medical product alert for a batch of India-made Guaifenesin syrup in the Marshall Islands and the Federated States of Micronesia. Subsequent to the reports, the Central Drugs Standard Control Organisation (CDSCO) in coordination with State Drugs Authority, Punjab, conducted a joint investigation at M/s QP Pharmachem Ltd in Punjab. "Drug samples drawn from the manufacturing premises under the provisions of Drugs and Cosmetics Act, 1940 for test and analysis were declared as 'not of standard quality'," the minister said. "Further, the State Licensing Authority has directed the firm to stop all manufacturing .

Godrej FMCG firm to set up Rs 515 cr manufacturing unit in Tamil Nadu

Godrej Consumer Products has announced capital expenditure plan of Rs 900 cr

DFPCL to invest Rs 1,950 cr to expand Gujarat plant's nitric acid capacity

Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday said it will expand the Nitric Acid capacity at Dahej, in Gujarat at a cost of Rs 1,950 crore. The Board has approved a proposal to set up a Weak Nitric Acid (WNA) plant with a capacity of 300 kilo tonnes per annum (KTPA) and two Concentrated Nitric Acid (CNA) plants with a total capacity of 150 KTPA, a statement said. The company said the new plants will be set up within the existing Nitric Acid complex of DFPCL Dahej in Gujarat as adequate land is available for the proposed construction. "The total project cost is estimated to be approximately Rs 1,950 crore including pre-operative expenses, contingencies, and finance cost during the construction period," it said. The company will be implementing state of the art technology from leading global technology providers for the brownfield expansion. The production will commence tentatively in the second half of 2025-26, it added. "The proposed expansion of our .