India – Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control https://www.equipment-news.com As Asia’s number one English metalworking magazine, Asia Pacific Metalworking Equipment News (APMEN) is a must-read for professionals in the automotive, aerospace, die & mould, oil & gas, electrical & electronics and medical engineering industries. Fri, 27 Sep 2024 00:05:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Malaysia Semiconductor Industry Needs Another 60,000 Engineers For Its Growth https://www.equipment-news.com/malaysia-semiconductor-industry-needs-another-60000-engineers-for-its-growth/ Thu, 19 Sep 2024 08:28:20 +0000 https://www.equipment-news.com/?p=34145 Malaysia’s semiconductor industry is thriving, but it needs an additional 60,000 engineers to support its ambitious growth plans, according to Wong Siew Hai, chairman of the Malaysia Semiconductor Industry Association (MSIA), the Independent Singapore reported. This is on top of…

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Malaysia’s semiconductor industry is thriving, but it needs an additional 60,000 engineers to support its ambitious growth plans, according to Wong Siew Hai, chairman of the Malaysia Semiconductor Industry Association (MSIA), the Independent Singapore reported.


This is on top of Malaysia current pool of about 90,000 engineers. The goal is to boost Malaysia’s position in the global semiconductor market, currently valued at RM575.45 billion (S$174 billion). 

One of the talents driving this effort is Dr Salleh Ahmad, who recently returned to Malaysia after earning a degree in microelectronics at ESIEE Paris and working in France. Now, he is leading Weeroc’s operations at their new facility in Selangor’s Integrated Circuit (IC) Design Park as chief technology officer (CTO). This facility in Puchong is central to Malaysia’s plans to advance from traditional semiconductor services to high-value fabless manufacturing and IC design.

According to The Straits Times, Dr Salleh noted, “Malaysia is a good choice due to its bright industry prospects, government incentives, and the low cost of doing business.” The push for more engineers is driven by the country’s plan to double its chip sector output and market share by 2030.

Currently, Malaysia’s chip sector contributes 7% to global exports and aims to increase this to 15%, boosting its market value from RM575.45 billion to RM1.2 trillion. The strategy is built around three Rs: recruit, retain, and return—bringing in new engineers, keeping existing talent, and encouraging Malaysians working abroad to return home.

The newly opened Puchong chip design hub, touted as one of the largest in Southeast Asia, plays a crucial role in this strategy. It needs up to 400 local engineers, with 60 already hired. According to Ng Sze Han, Selangor’s state executive councillor for investment, the hub offers salaries up to RM6,000 for new graduates.

This is much higher than the national median of RM2,600 and surpasses the salaries in Selangor (RM2,900), Kuala Lumpur (RM3,900), and Penang (RM2,645). This is intended to attract and retain skilled engineers in Malaysia.

“Anchor tenant MaiStorage has established an office in the park. Five Malaysians who previously worked at Taiwan’s Hsinchu Technology Park have returned to lead and mentor local hires as qualified IC designers,” he noted.

Although in Taiwan and France, engineering graduates can earn up to RM9,000 and RM17,000 a month, they usually need a master’s degree. 

When asked about competing with countries like Singapore, Mr Ng said that Malaysia “can’t treat Singapore as a competitor” but rather as part of a larger supply chain. “Our cost of doing business is lower than Singapore,” he noted.

He also added that not all talents seek the highest salary or a fast-paced environment; many prefer a better quality of life, which Puchong offers. Companies like MaiStorage, a subsidiary of Taiwan’s Phison Electronics, have already established a presence in the park. Mai Storage’s investment could further stimulate Malaysia’s semiconductor sector, potentially drawing back Malaysian engineers working overseas.

Phison’s Malaysian co-founder, Pua Khein Seng, said he believes “Malaysia is more convenient, even though its efficiency is lower than Taiwan in terms of output.”

Mr Pua also mentioned that if Malaysia’s IC design sector takes off as expected, MaiStorage will require at least 500 engineers to meet its operational needs. Meanwhile, Penang Chief Minister Chow Kon Yeow is optimistic that the “Silicon Valley of the East” will attract and keep skilled workers. He noted that Malaysia is home to over 30 IC design companies, with 28 of them based in Penang.

The talent pool in Penang is well-established, and its capital, Georgetown, is launching a new initiative called “Penang Silicon Design @5km+” to attract, hire, and develop essential talent. MSIA’s Mr Wong added that Malaysia’s chip industry has built a strong ecosystem over the past five decades, helping to retain talent through competitive pay, good job prospects, and a balanced work-life environment. 

Major local companies like Oppstar, SkyeChip, Infinecs, and global giants such as AMD and Intel have employed over 7,000 engineers in Penang alone. Infineon Technologies, Germany’s largest semiconductor manufacturer, with over 500 employees in Penang, boasts one of the lowest attrition rates in the sector. 

According to Dr Raj Kumar, Senior Vice-President for Technology and Research and Development at Infineon, the company’s 5% turnover rate is well below the industry average of 10 to 15%, thanks to ongoing career development and training.

The Big Question

India is reportedly planning to send a group of people to Singapore for training, and have the group import the knowledge acquired domestically to boost semiconductor manpower in preparation for the booming industry.

According to Business Standard, in an effort to build talent for the semiconductor industry in India, the India Electronics and Semiconductor Association (IESA) is planning to send a batch of people — from industry to academics — on deputation to Singapore in the coming months. This is part of the recently-announced memorandum of understanding (MoU) with Singapore Semiconductor Industries Association (SSIA).

Ashok Chandak, President, IESA told the media, “What we are looking at is sending some of the people on deputation to Singapore and the SSIA would support. These people will spend three to six months in some of the fabs, get some training, come back and implement that in India. So, this is how the overall skill and talent development concept is going to work.”

A study by TeamLease Degree Apprenticeship revealed India’s semiconductor industry is expected to face a shortage of 250,000-300,000 professionals across various verticals by 2027. These include research and development (R&D), manufacturing, design, and advanced packaging. The collaboration between IESA and SSIA will have professionals and experts cross visit to train domestic talent.

Ashok added the Indian semiconductor is reportedly also exploring a similar partnership with its Taiwanese counterparts. However, Singapore is preferred since it has an advantage in terms of language and connectivity.

Meanwhile, Chinese semiconductor companies have also been actively recruiting talent from South Korea and making strategic acquisitions and investments, triggering concerns within the South Korean semiconductor industry in the recent years. 

The semiconductor industry, being the backbone of technological advancement, and its success is inherently linked to the skill and knowledge of its workforce. South Korea, home to tech giants like Samsung Electronics and SK Hynix, possesses a rich supply of semiconductor talent coveted globally. However, the aggressive recruitment efforts from China’s tech firms have raised concerns despite known shortcomings.

Given almost is powered by chip technology — from our smart devices to automotive, the competition can only get tighter and China is not inclined to be left behind in the competition. It brazen poaching of Korean talent is a strong message yet back-handed compliment to the latter country’s talent quality.

Amid China’s mission to achieve semiconductor self-sufficiency, the republic strategically targeted Korea’s pool of skilled engineers and researchers. Offering lucrative incentives and promising career prospects, Chinese companies have lured talent away from their Korean counterparts.

Malaysia is aggressively positioning itself as an optimum semiconductor hub. While claims were made that Singapore should not be deemed as a competitor, it just might be a tall order given trade means revenue. It will be worthwhile watching how the chip talent shifts around Malaysia, Singapore, China and Korea. 

 

 

 

 

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China Loses Standing After Apple’s iPhone Production Moves To India https://www.equipment-news.com/china-loses-standing-after-apples-iphone-production-moves-to-india/ Fri, 13 Sep 2024 07:19:27 +0000 https://www.equipment-news.com/?p=34089 Apple Inc. has commenced the production of its newly launched iPhone 16 series in India, reflecting a broader trend among tech giants like Microsoft Corp. and Amazon.com Inc. who are also turning away from China. Source:benzinga.com Historically, the California-based tech giant relied on China for…

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Apple Inc. has commenced the production of its newly launched iPhone 16 series in India, reflecting a broader trend among tech giants like Microsoft Corp. and Amazon.com Inc. who are also turning away from China.

Source:benzinga.com


Historically, the California-based tech giant relied on China for manufacturing its high-end smartphones, while Indian suppliers focused on low-end and older models. However, the latest reports indicate that Apple is now mass-producing its new iPhone lineup, including the high-end Pro series, in India alongside China, South China Morning Post reported.

Analysts suggest that this move is part of Apple’s strategy to diversify its supply chain amid worsening relations between Beijing and Washington. It also highlights Apple’s growing confidence in India’s advanced manufacturing capabilities. 

“These moves reflect a broader shift unfolding where major tech companies like Apple, Microsoft, and Amazon are moving production away from China, given various security and economic risks,” stated Karthik Nachiappan, research fellow at the National University of Singapore’s Institute of South Asian Studies.

Apple’s decision to manufacture the iPhone 16 series in India marks a significant shift in its supply chain strategy. This move comes amid escalating tech tensions between the U.S. and China. Earlier this year, Microsoft Corp. urged its China-based AI team to relocate, highlighting the increasing strain on tech companies operating in China.

However, Apple is not looking at just India, it was toying with the idea of Indonesia in April this year. Last December, Apple is working with China’s BYD, a key iPad assembler, to move new product introduction (NPI) resources to Vietnam. In other words, Apple is spreading its presence across Asia as some form of safety net if China’s relations gets more intense.

Furthermore, OpenAI, backed by Microsoft, announced restrictions on its AI tools in China, reflecting similar concerns. Meanwhile, Amazon has been ramping up recruitment efforts in China to compete with local e-commerce giants, indicating a nuanced approach to its China strategy.

 

 

 

 

 

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From Vision To Reality: How India Can Emerge As An Electronics Manufacturing Leader https://www.equipment-news.com/from-vision-to-reality-how-india-can-emerge-as-an-electronics-manufacturing-leader/ Tue, 13 Aug 2024 14:13:11 +0000 https://www.equipment-news.com/?p=33927 India’s electronics manufacturing sector has made remarkable strides in recent years, establishing itself as one of the fastest-developing economies globally. The country has undergone a profound transformation, drawing significant international attention. Source: Harish Kohli,ET Edge Insights As per the NITI Aayog report…

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India’s electronics manufacturing sector has made remarkable strides in recent years, establishing itself as one of the fastest-developing economies globally. The country has undergone a profound transformation, drawing significant international attention.

Source: Harish Kohli,ET Edge Insights


As per the NITI Aayog report released in July 2024, India’s electronics sector experienced remarkable growth, reaching US$155 billion in FY23. The sector’s production nearly doubled, rising from US$48 billion in FY17 to US$101 billion in FY23, with the mobile phone industry serving as the primary catalyst for this surge.

Initiatives like “Make in India” and “Digital India”, coupled with improved infrastructure, ease of doing business, and strategic government incentives, have fueled domestic manufacturing and attracted substantial foreign investments. With a burgeoning middle class, an expanding consumer electronics market, and a proactive government focused on industrial growth, India is on the verge of becoming a global hub for electronics manufacturing.

However, realising this vision requires a comprehensive strategy encompassing infrastructure development, policy alignment, and innovation. India stands on the brink of a transformative journey, poised to join the ranks of global electronics manufacturing leaders. The vision of India as an electronics manufacturing powerhouse is no longer just aspirational; it is increasingly within reach. Yet, turning this vision into reality demands a concerted effort across various sectors, ensuring that policy, infrastructure, and innovation move in unison toward this ambitious goal.

Building a Skilled Workforce

The future success of India’s electronics manufacturing sector hinges on cultivating a highly skilled workforce. While the country boasts a vast talent pool, there is a critical need to bridge the gap between academic education and industry demands.

It requires a collaborative effort where industry leaders partner with educational institutions to design curricula that align with the evolving needs of modern manufacturing. Expanding vocational training and apprenticeship programs will provide hands-on experience in electronics production.

Moreover, continuous upskilling initiatives are essential to ensure the workforce stays adaptable to technological advancements. With a focus on education and training, India can not only fulfill its domestic needs but also emerge as a global leader in skilled labor for electronics manufacturing.

Strengthening Infrastructure and Supply Chains

A strong infrastructure is the backbone of any manufacturing industry. In the electronics sector, this involves having cutting-edge factories, a reliable power supply, efficient logistics, and a well-integrated supply chain network.

India must prioritise the development of electronics manufacturing clusters that offer modern facilities to attract global and domestic investors. Also, it is crucial to reduce reliance on imports for critical components like semiconductors, PCBs, and display panels.

To achieve self-reliance, the government and industry must work together to encourage the establishment of semiconductor fabrication plants and component manufacturing units within the country. Forming strategic partnerships with global technology leaders will also be vital in building a resilient and competitive supply chain.

Promoting Innovation and Research

Innovation is a key driver for India to emerge as a global leader in electronics manufacturing. To achieve this, Indian manufacturers must prioritise the development of indigenous technologies and products that meet the needs of both domestic and international markets.

This effort requires a strong focus on R&D, bolstered by government support through grants, tax incentives, and industry partnerships. Collaboration between the public and private sectors is essential in nurturing innovation.

Joint efforts by the government, industry, and academia can lead to the establishment of research hubs and innovation centers dedicated to electronics manufacturing. By fostering a culture of innovation, India can move up the value chain and produce advanced, high-value electronics.

Looking Ahead

India’s journey toward becoming a leader in electronics manufacturing is a long-term endeavor. While notable progress has been made, significant challenges remain. Realising the vision of India as a global manufacturing hub will demand continuous effort, strategic investments, and a strong commitment to excellence. Success will require a comprehensive approach that addresses all aspects of the electronics manufacturing ecosystem—from policy reforms and skill development to infrastructure improvements and innovation.

As India continues on this path, it must stay flexible and responsive to global trends and challenges. The electronics manufacturing landscape is constantly evolving, with rapid technological advancements and shifting geopolitical dynamics. By anticipating and adapting to these changes, India can not only achieve its goals but also set new standards for the global industry.

 

 

 

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India’s Growing Electronics Components Prompts Need For CNC Skills https://www.equipment-news.com/indias-growing-electronics-components-prompts-need-for-cnc-skills/ Mon, 05 Aug 2024 02:48:28 +0000 https://www.equipment-news.com/?p=33870 India’s manufacturing industry grew 40% between June 2022 and 2024, driven by rising domestic consumption, government support, increased foreign investments and global demand for Indian-made products, catalysing CNC skills demand. CNC skills are in demand! While China has its edge…

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India’s manufacturing industry grew 40% between June 2022 and 2024, driven by rising domestic consumption, government support, increased foreign investments and global demand for Indian-made products, catalysing CNC skills demand.


CNC skills are in demand! While China has its edge in electric vehicles (EV), India is coming in aggressive with its electronic components manufacturing. This surge in manufacturing activity in June led to the country’s fastest hiring rate in 19 years, according to HSBC India’s global economist Maitreyi Das.

Data revealed substantial growth in roles such as CNC operators, production supervisors, and machine operators, reflecting the sector’s modernisation and the demand for specialised skills. Strong communication skills are now a top requirement in 17% of jobs, followed by CNC skills at 10%, manufacturing skills at 9%, English proficiency at 8%, and CNC programming at 6%.

While no official word was given on which sectors are propelling the demand, one could guess the surge be attributed to the demand of electronics components which require CNC machining skills. What’s more, a new report by the Confederation of Indian Industry predicted the demand for electronics components and sub-assemblies in India to reach US$240 billion by 2030, supporting a US$500 billion electronics production. Priority components like PCBAs are expected to grow at a 30% rate, according to Economic Times.

The Economic Times highlighted the demand for electronics components and sub-assemblies in India is expected to grow to $240 billion to support US$500 billion worth electronics production by 2030, a new report by the Confederation of Indian Industry found.

It estimated that in 2023, this demand stood at US$45.5 billion to support US$102 billion worth of electronics production. Further, priority components and sub-assemblies including PCBAs (printed circuit board assembly) are projected to grow at a compound annual growth rate of 30%, reaching $139 billion by 2030.

The high potential PCBA segment alone, whose demand is met mostly by imports today, is expected to grow by 30%, leading to a demand creation of around $87.46 billion by 2030. Components or sub-assemblies of batteries (lithium-ion), camera modules, mechanicals (such as enclosures), displays and PCBs (printed circuit board) cumulatively accounted for 43% of the components demand in 2022, the report said. These were identified as high priority for India and are expected to grow to $51.6 billion by 2030.

“These components have either a nominal production in India or are heavily import dependent. India can hardly afford to sustain this trend of importing the priority components,” the report said.

Key challenges to domestic manufacturing of components and sub-assemblies include manufacturing related cost disabilities compared to rival economies like China, Vietnam and Mexico (10-20%), the lack of big domestic manufacturing corporations, the lack of a domestic design ecosystem for Indian companies, and the lack of a raw materials, the report noted.

“An enabling ecosystem for the components and sub-assemblies will strengthen India’s electronics manufacturing capabilities, enabling it to be self-sufficient and deeply integrated into GVCs (global value chains),” it said.

The report said that critical actions are required to transition India’s electronics sector ecosystem from ‘import dependent assembly led manufacturing’ to ‘component level value-added manufacturing’. It recommended fiscal support of 6-8% for 6-8 years for select components and sub-assemblies and introducing SPECS 2.0 (Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors) with 25-40% subsidy across brownfield and greenfield categories.

It also suggested bringing import tariffs on priority sub-assemblies and components to under 5% for global competitiveness, and aggressively pursuing free trade agreements with the EU, UK, GCC countries and emerging economies in Africa. The policy support would bring benefits such as job creation of around 2.8 lakhs by 2026 and an increase in GDP, helping to firmly position India as a global hub for electronics manufacturing, the report said.

 

 

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India Looks To Singapore For Semiconductor Expertise https://www.equipment-news.com/india-looks-to-singapore-for-semiconductor-expertise/ Thu, 01 Aug 2024 09:49:44 +0000 https://www.equipment-news.com/?p=33861 India is planning to send a group of people to Singapore for training, and have the group import the knowledge acquired domestically to boost semiconductor manpower in preparation for the booming industry. According to Business Standard, in an effort to…

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India is planning to send a group of people to Singapore for training, and have the group import the knowledge acquired domestically to boost semiconductor manpower in preparation for the booming industry.


According to Business Standard, in an effort to build talent for the semiconductor industry in India, the India Electronics and Semiconductor Association (IESA) is planning to send a batch of people — from industry to academics — on deputation to Singapore in the coming months. This is part of the recently-announced memorandum of understanding (MoU) with Singapore Semiconductor Industries Association (SSIA).

Ashok Chandak, President, IESA told the media,

“What we are looking at is sending some of the people on deputation to Singapore and the SSIA would support. These people will spend three to six months in some of the fabs, get some training, come back and implement that in India. So, this is how the overall skill and talent development concept is going to work.”

A study by TeamLease Degree Apprenticeship revealed India’s semiconductor industry is expected to face a shortage of 250,000-300,000 professionals across various verticals by 2027. These include research and development (R&D), manufacturing, design, and advanced packaging. The collaboration between IESA and SSIA will have professionals and experts cross visit to train domestic talent.

Ashok added the Indian semiconductor is reportedly also exploring a similar partnership with its Taiwanese counterparts. However, Singapore is preferred since it has an advantage in terms of language and connectivity.

He explained English-speaking Singaporeans smoothens communications between both nations, but can’t say the same with Taiwan, despite the attractiveness of its semiconductor manufacturing prowess.

“One of the challenges we face with Taiwan is the language barrier, particularly at the lower-operator level. At the senior level, most people are proficient in English, so there is no problem there. However, at the operator level, this barrier can be more pronounced. In contrast, this is not a big issue in Singapore, as more people speak English there,” Ashok noted.

Under the partnership with SSIA, the two main priorities will be skills-training and the technology know-how partnership between Indian and Singaporean firms, said Ashok.

“There are several companies in Singapore which have the knowledge and technology at multiple value-chain levels of semiconductor manufacturing. This is right from design to testing to wafer fab, assembly test marking operations, logistics and distribution. They have got a very good amount of talent and knowledge experience. We want to bring that as part of the partnership. Priority-wise, number one is the skill training, and then business-to-business technology cooperation, technology transfer and joint venture arrangements in the future,” he added.

 

 

 

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ANCA’s Reliability And Service Excellence For Orient Tools Success https://www.equipment-news.com/ancas-reliability-and-service-excellence-for-orient-tools-success/ Wed, 24 Apr 2024 06:50:17 +0000 https://www.equipment-news.com/?p=32880 A host of machine benefits as well as reliability and service excellence make ANCA CNC Machines a preferred choice for Orient Tools. Orient Tools is a reputed cutting tool manufacturer based out of Pune, India, and dedicated to providing efficient…

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A host of machine benefits as well as reliability and service excellence make ANCA CNC Machines a preferred choice for Orient Tools.


Orient Tools is a reputed cutting tool manufacturer based out of Pune, India, and dedicated to providing efficient and precise cutting tools that enhance productivity and quality. One of the hallmarks of Orient Tools has been its consistent efforts to incorporate cutting-edge equipment into its shop floor.

By utilising ANCA machines, Orient Tools has increased its production capacity and raised the bar for the quality of its products, setting new standards in the industry.

Power Of Embracing Technology

Established in 2011 by Deepak Das, Orient Tools has established itself as a leading manufacturer and regrinder of Solid Carbide, Brazed Carbide, High-Speed Steel (HSS), and Lugged Carbide tools in India. Deepak Das took a brave step when multinationals dominated the Indian cutting tool market, and his belief proved successful. The success story of Orient Tools proves how embracing technology can help organisations elevate their performance.

Deepak divides his company’s journey into three parts – establishing its existence, expanding its manufacturing capability, and finally establishing Orient Tools as a high-quality global cutting tool manufacturer. In the first two years, he and his three colleagues worked hard to prove their value in the market. Then, they expanded by adding two more machines in 2013, and Orient Tools was encouraged to compete in the Indian market for cutting tools.

The company set its sights on producing top-notch products and received good responses from the market within the next couple of years. Deepak expanded the company’s manufacturing capability from here by adding a third machine, a CNC machine.

“It was a challenging journey for me and Orient Tools in the initial years. We were alone and received no support regarding expanding our capabilities, getting the finances for new machines, etc. However, we learned from our mistakes, responded to the market, and were able to make our name within a concise period as a trusted cutting tool manufacturer in India,” shared Deepak Das.

Mastering Precision: Deepak Das’ Journey With ANCA

Deepak Das’s next challenge was achieving complex geometries, specific cutting tool profiles, and mass production. This time, Deepak decided to go with the best machine available in the world, ANCA CNC Machines, with robotic functions.

“After a few years, we felt that we needed to improve the profile of the cutting tools to meet the customer specifications. So, we decided to purchase an ANCA CNC machine with a Nachi Robot. It was the first machine for a local cutting tool manufacturer in India to purchase an ANCA Robotic machine,” shares Deepak.

 

Read more here at page 15

 

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Cover Focus – Milling with “Xtended Technology” – Xtra·tec® XT

 

 

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Vinfast To Build Integrated Electric Vehicle Facility In Tamil Nadu, India https://www.equipment-news.com/vinfast-to-build-integrated-electric-vehicle-facility-in-tamil-nadu-india/ Mon, 08 Jan 2024 01:09:42 +0000 https://www.equipment-news.com/?p=31673 VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, and the Tamil Nadu State Government announce a landmark partnership in a Memorandum of Understanding (MoU) to charge the development of green transportation in India. VinFast and the State Government will work toward…

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VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, and the Tamil Nadu State Government announce a landmark partnership in a Memorandum of Understanding (MoU) to charge the development of green transportation in India.

VinFast and the State Government will work toward a total investment of up to US$2 billion, with an intended commitment of US$500 million for the first phase of the Project, spanning five years from the commencement date. This move indicates a significant step in VinFast’s expansion into the world’s third-largest vehicle market.

The plan to expand into India aims to seize growth opportunities in the world’s most populous nation and rapidly expanding EV market. This initiative forms a crucial part of VinFast’s strategy to establish a strong presence in key markets and strengthen its supply chain for global expansion.

The establishment of VinFast’s integrated electric vehicle facility in Tamil Nadu is anticipated to generate approximately 3,000 – 3,500 employment opportunities locally. In addition to creating jobs and improving the skills of the local workforce, VinFast remains dedicated to fostering gender equality and offering career advancement opportunities for the community.

Situated in Thoothukudi, the VinFast Tamil Nadu project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units. Construction of the plant is anticipated to begin in 2024. This project is set forth to lay a strong foundation for economic growth in Tamil Nadu and India as a whole.

Besides the economic benefits, the project will also pave the way for green transportation development, targeting 30% of newly registered private cars to be electric. This aligns with the state government’s initiatives to minimise carbon emissions in the transportation sector.

Ms. Tran Mai Hoa, Deputy CEO of Sales and Marketing, VinFast Global shared: “The MoU demonstrates VinFast’s strong commitment to the sustainable development and vision of a zero-emission transportation future. We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties, but will also help accelerate the green energy transition in India and the region.”

Mr. Thallikotai Raju Balu Rajaa, Minister of Industries of the Government of Tamil Nadu, said: “EV manufacturing companies are not only important economic drivers but also powerful accelerators to the State’s green vision. We are delighted that VinFast has chosen to invest in Tamil Nadu to establish its integrated EV facility. Possessing robust capabilities and unwavering commitment to a sustainable future, I believe that VinFast will emerge as a reliable economic partner and substantial contributor to Tamil Nadu’s long-term development.”

VinFast’s green transportation development project is its third manufacturing project and the largest investment in Tamil Nadu’s history. Considering the tangible economic and social benefits that are engendered due to the establishment of the project, the Government of Tamil Nadu also commits to providing cleared land for the manufacturing facilities, uninterrupted power supply, and other infrastructure support on a best-effort basis. Additionally, both parties will continue to collaborate and discuss opportunities for charging stations to steer toward a clean mobility future.

This investment decision in Tamil Nadu leads to mutual economic growth for both VinFast and the state, while also strengthening the Comprehensive Strategic Partnership between Vietnam and India.

In addition to building the manufacturing facilities in Tamil Nadu, VinFast also has intentions to inaugurate a nationwide dealership network. This approach is to establish a strong brand presence and swiftly connect with customers across the country.

​As Vietnam’s leading electric vehicle manufacturer with global aspirations, VinFast’s relentless dedication to innovation and research propels the Company towards its goal of being a global leader in the electric vehicle industry and its commitment to a sustainable future for all.

 

 

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Japan’s Manufacturing Sluggish While India’s Surges https://www.equipment-news.com/japans-manufacturing-sluggish-while-india-surges/ Tue, 28 Nov 2023 06:39:17 +0000 https://www.equipment-news.com/?p=31480 Manufacturing activity in Japan slowed tremendously and layoffs are ongoing from wounded order books. India’s IT hardware market is expected to register a compound annual growth rate of 12.8% in the next four years on strong demand and rising domestic…

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Manufacturing activity in Japan slowed tremendously and layoffs are ongoing from wounded order books. India’s IT hardware market is expected to register a compound annual growth rate of 12.8% in the next four years on strong demand and rising domestic production.


Findings revealed the Japan’s manufacturing activity fell for the sixth straight month in November. The headline au Jibun Bank Flash Japan manufacturing purchasing managers’ index (PMI) slipped further to 48.1 this month from 48.7 in October, sliding below the 50.0 neutral mark that separates deterioration from expansion. 

“Despite weaknesses in new orders, Japanese private sector companies mentioned that the level of outstanding business was unchanged, ending a four-month sequence of decline,” said Usamah Bhatti, economist at S&P Global, which compiled the survey. Japan’s purchasing managers index (PMI) registered its deepest contraction in November.

Early results of the survey showed manufacturers are catching up with their backlogs fast as pressure on capacity softens, prompting them to reduce staff levels for two months in a row. Firms were also hit by the weak Yen, high materials, fuel and labour costs, which affected manufacturing.

India on the other hand enjoyed growth — India’s IT hardware market is expected to register a compound annual growth rate of 12.8% in the next four years on strong demand and rising domestic production, according to Fitch Solutions. The firm estimated the country’s IT hardware industry to grow to US$104 billion by 2027 and still dominate the overall IT market with a 53.5% market share, it said in a 22 November note. Fitch also noted the country’s above-average risk/reward index profile as a main appeal for tech firms reconfiguring their supply chains, considering the severe blow of US chip export restrictions to China currently. 

“A large addressable market of consumers and a trend of tech companies looking to re-route their supply chains due to geopolitical risks makes us believe India’s consumer electronics market will outperform its regional peers,” it said. Setting up shop in the country also allows companies to tap both the domestic and Southeast Asian markets, it added.

Fitch sees domestic manufacturing gathering momentum in the near term after about 27 electronics manufacturers made INR30 billion (US$360 million) in fresh investments recently, while the government continues to incentivise companies to boost domestic production.

Data from Statista.com revealed the value of trade between India and the ASEAN region amounted to over US$110 billion in fiscal year 2022. The largest portion of this trade came from Singapore, valued at over US$30 billion. Comparing both nations, it is of no surprise conditions in India contributed to the country’s export performance including exchange rate.

 

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India’s First Post Office Built Via 3D Printing Debuts In Bengaluru https://www.equipment-news.com/indias-first-post-office-built-via-3d-printing-debuts-in-bengaluru/ Mon, 21 Aug 2023 00:54:08 +0000 https://www.equipment-news.com/?p=30632 Union Minister Ashwini Vaishnaw virtually inaugurated the post office, the construction through 3D Printing carried out by Larsen & Toubro Limited with technological support from IIT Madras. Source: Indulge Express Union Minister for Railways, Communications, Electronics and IT Ashwini Vaishnaw…

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Union Minister Ashwini Vaishnaw virtually inaugurated the post office, the construction through 3D Printing carried out by Larsen & Toubro Limited with technological support from IIT Madras.

Source: Indulge Express


Union Minister for Railways, Communications, Electronics and IT Ashwini Vaishnaw on 18 August 2023 dedicated to the nation India’s first 3D-printed post office located in Bengaluru’s Cambridge Layout.

The post office, which was virtually inaugurated by the Union minister from the General Post Office building, was completed in just 43 days – two days ahead of its deadline. Its construction was carried out by Larsen & Toubro Limited with technological support from IIT Madras under the guidance of Professor Manu Santhanam, Building Technology and Construction Management Division, Department of Civil Engineering.

“Bengaluru always presents a new picture of India. The new picture that you saw today in terms of this 3D-printed post office building, that’s the spirit of India today. That’s the spirit with which our country is progressing today,” Minister Vaishnaw said.

The post office covers a built-up area of 1,021 sqft. Its construction was carried out using 3D concrete printing technology which is a fully automated building construction technology wherein a robotic printer deposits the concrete layer by layer as per the approved design, and special grade concrete – which hardens quickly – is used to ensure bonding between the layers for the purpose of printing the structure.

George Abraham, Head of Operations (south and east), L&T, explained, “It is because of the robotic intervention that involves pre-embedded designs, that we were able to complete the entire construction activity in a period of 43 days as compared to about 6-8 months taken by conventional method.”

The construction was also carried out at a cost of Rs 23 lakh, around 30-40% less compared to the cost involved in conventional methods. 

Elaborating on the critical requirements for concrete 3D Printing, Prof Santhanam stated, “The project primarily involves machines and robots which are indigenous, but needs to be scaled up in the coming days. The special concrete material used for this project provides pumpability, extrudability, buildability and is powered with mechanical properties.”

IIT Madras and L&T conducted several meetings in the run-up to the construction of the post office. Prof Ravindra Gettu from IIT-M was involved as a primary advisor who guided the comparability of the proposed 3D-printed technology with conventional construction. He also assessed the detailed techno-commercial proposal by L&T.

Other participants from IIT-M included professors Meher Prasad and Pradeep Pratapa who overlooked the assessment of material and structural design, construction methodology and schedule and approval of design and construction concepts. Gettu also conducted six site visits for assessing on site quality and providing guidance on curing and other technical matters, explained Santhanam.

Santhanam also highlighted that the project has no vertical joints and it involved continuous printing of the full perimeter. The 3D Printing technology which was actually imported from Denmark for the post office project was also flexible to incorporate curved surfaces and adapt to site dimensions, showing no constraints of plane walls.

The technology also enabled continuous reinforced concrete footing and three-layer walls with outer layers printed with concrete and the middle being reinforced concrete. The final construction schedule came down to just 43 days, much shorter than conventional construction methods and with less material wastage.

According to the developers, 3D Printing’s USP is to enable individual customisation of the structure which can play an integral role in housing-related construction. 3D Printing also enables incorporation of weather-proofing as well as utilities within the walls for more efficient construction. Thus allowing the delivery of quality houses anywhere, including in difficult terrains.

In fact, Rajendra Kumar, Chief Postmaster General of Karnataka Circle, stated that the larger goal is to find the 3D Printing technology’s utility in housing.

“Primarily, we are looking at building post offices with low-cost construction options using 3D Printing technology. We feel this is the technology for the future which may trigger interest in low-cost housing, which is our secondary interest. There are plans to construct post offices across 400 vacant sites across the state, where postal services are not accessible. But it will only take off after submitting a detailed report on the first 3D-printed post office,” said Kumar.

 

 

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Hyundai To Launch More EVs In India — Betting Big On Its Market https://www.equipment-news.com/hyundai-to-launch-more-evs-in-india-betting-big-on-its-market/ Thu, 10 Aug 2023 00:46:58 +0000 https://www.equipment-news.com/?p=30498 Hyundai Motor Group plans to launch more electric vehicles (EVs) under the Hyundai and Kia brands in India, in a sign that it is betting big on the world’s third-largest auto market. Source: Reuters Hyundai is already India’s second-biggest carmaker…

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Hyundai Motor Group plans to launch more electric vehicles (EVs) under the Hyundai and Kia brands in India, in a sign that it is betting big on the world’s third-largest auto market.

Source: Reuters


Hyundai is already India’s second-biggest carmaker by sales, will introduce five EV models by 2032 to add to the two it already sells — the Kona and Ioniq 5 sport utility vehicles (SUVs). It will also grow its charging stations to 439 by 2027.

Kia will start producing small EVs from 2025 and develop EV charging infrastructure as well as double its sales network, aiming to boost its domestic market share to 10% eventually, from 6.7% currently, Hyundai Motor Group said in a statement.

Hyundai has already laid out plans to invest $2.45 billion to beef up EV production in the country, and is bullish on the local appetite for EVS.

“The country is becoming an increasingly important center for electric vehicle production and sales,” Hyundai said.

It expects EV sales to hit 1 million units by 2030, a massive jump from the 48,105 EVs sold in the country in fiscal 2023, according to government data quoted by an industry body. That could include Teslas, with the Elon Musk-run company planning to sell locally made EVs, starting at US$24,000. Hyundai’s foray into India’s electric vehicle (EV) market marks a significant step towards a sustainable automotive future for the nation.

With its established reputation for innovation and quality, Hyundai brings a refreshing wave of electric mobility options to the Indian consumers. The company’s strategic entry not only aligns with India’s ambitious clean energy goals but also caters to the growing demand for environmentally-friendly transportation solutions.

 

 

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