Events

The forum - titled “Make in India: Challenges & Opportunities before SMEs” - was hosted to identify stumbling blocks on the growth path of SMEs and measures to be taken to ensure their prosperity.

The symposium, organised by VDMA, highlighted global trends in robotics and automation and their relevance for Indian automotive industry, reports Rakesh Rao.

The event centred around FAME 2 scheme, which promotes ‘Faster Adoption and Manufacturing of Hybrid and Electric Vehicles’ and also the ‘Phased Manufacturing Program’.

The trade fair, where leading 580 auto component manufacturers from 13 countries, will propel the growth of Indian auto aftermarket by showcasing latest products and technologies.

The Automotive Component Manufacturers' Association of India (ACMA), the apex body of the auto component industry in India, hosted the fourth edition of ACMA Technology Summit on 29th and 30th January, 2019 in Pune.

With automotive manufacturing showing signs of strong growth, the machine tools industry needs to tap opportunities. IMTEX 2019, showcasing an array of new products and technologies, provided a glimpse of new state-of-the-art technologies needed to remain competitive globally.

Industrial Products Finder (IPF) recognises the fastest growing SMEs from manufacturing sector and firms that meet the standards of ‘Product Excellence’. This year’s awards received thumbs up from more than 200 who’s who of the industry who were present for the function where 15 SMEs from across India were honoured for their performance.

The federal government has proposed the ambitious target of $5 trillion for the Indian economy by 2025. Among industries, the goal for the manufacturing sector has been fixed at $1 trillion. But are the targets achievable? Although challenging it’s very much achievable, says Manish Pant.

Post tea break, the technical session continued with the presentation from Smitha Rao, Co-Founder, Utthunga Technologies India and followed by Andreas Faath, Forum Industrie 4.0, VDMA Frankfurt.