Issue – 140: Dated – 11 th Aug, 2015 Theme of the year - “LEAN & GREEN” Works Visits to leading foundries in Coimbatore IIF-Northern Region is organizing 'Works Visits' to few of the leading foundries in Coimbatore, Tamil Nadu on 14 & 15 Sept. 2015. Works visit will start at 9:00 AM on 14 Sept. 2015 and will be completed by around 2:00 PM on 15 Sept. 2015. Participants can later move to Ooty or Kodaikanal for a pleasure trip. Charges Rs. 7500/- + 14% Service Tax (Includes accommodation/ food/ local conveyance) Payment can be made through cheque or NEFT/ RTGS as per bank details mentioned below:- Account Name - The Institute of Indian Foundrymen- Northern Region Account Number - 098301001539 Bank Name and Branch - ICICI Bank, Kasba Branch, Kolkata IFSC Code - ICIC0000983 Interested members are requested to make arrangements for their travel well in advance, so as to reach Coimbatore by the evening of 13 Sept. 2015 or early morning of 14 Sept. 2015, latest by 8:30 AM as visit will start at 9:00 AM. As seats are limited, offer is available on first come first serve basis. For bookings/ more information contact Mr. Jitender Gupta at [email protected]or [email protected], Mob +91 99586 00583.
Transcript
Issue – 140: Dated – 11th Aug, 2015
Theme of the year - “LEAN & GREEN”
Works Visits to leading foundries in Coimbatore IIF-Northern Region is organizing 'Works Visits' to few of the leading foundries in Coimbatore, Tamil Nadu on 14 & 15 Sept. 2015. Works visit will start at 9:00 AM on 14 Sept. 2015 and will be completed by around 2:00 PM on 15 Sept. 2015. Participants can later move to Ooty or Kodaikanal for a pleasure trip. Charges Rs. 7500/- + 14% Service Tax (Includes accommodation/ food/ local conveyance) Payment can be made through cheque or NEFT/ RTGS as per bank details mentioned below:- Account Name - The Institute of Indian Foundrymen- Northern Region Account Number - 098301001539 Bank Name and Branch - ICICI Bank, Kasba Branch, Kolkata IFSC Code - ICIC0000983 Interested members are requested to make arrangements for their travel well in advance, so as to reach Coimbatore by the evening of 13 Sept. 2015 or early morning of 14 Sept. 2015, latest by 8:30 AM as visit will start at 9:00 AM. As seats are limited, offer is available on first come first serve basis. For bookings/ more information contact Mr. Jitender Gupta at [email protected] or [email protected], Mob +91 99586 00583.
ADVERTISEMENT TARIFF
Bank Details for payment Name of the Account Holder The Institute of Indian Foundrymen- FIC Account No. 098301001575 Name of the Bank ICICI Bank Name of Bank Branch Kasba Branch Branch Address Balaji Towers, 59, KN Sen Lane, Kasba, Kolkata-42 Account Type SBI MICR CODE 700229034 IFSC Code ICIC0000983
For more details contact FIC at Ph: +91 11 29960601, email: [email protected]
NSDC Funding Programme for Skill Development NSDC can consider providing soft loan for up gradation / setting up of training centre (Except cost of land & building) with a moratorium of 3 years on principal at a low interest rate of 6%. The loan is payable over 10 years after expiry of the moratorium as mentioned above. However, interest amount is payable from the beginning. Out of project cost 25% will be the contribution of the promoter. The loan can be used for upgrading or setting up new training facilities, purchase of equipment, hardware & software etc. The key factors for assessment of /PROPOSAL to be submitted by the promoter are :-
1. Scalability - Train at least 50,000 persons over 10 years (i.e. 5000 per annum on an average). 2. Employment Guarantee - in form of MoU with companies for employment / self employment
/increase in wages of 70% trained manpower (which amounts to approximately 3500 persons per annum)
3. Financial Sustainability in long run. For more details contact Foundry Informatics Centre at email [email protected]
Expression of Interest (EOI) for Establishing & Running Metallurgy School IIF has been actively pursuing with the Ministry of MSME for skill development initiatives for the foundry sector. Pursuant to the same, MSME-TDC (PPDC) Agra, has invited Expression of Interest (EOI) to run Metallurgy school - across country through training provider to serve as a motivation for student, artist, sculpts, blacksmith, metal worker, metal designer to add the casting of metals to their sphere of activity. The training will be conducted in line with metal casting workshop run in Germany & will enable the 10th pass/ School Dropout students to develop skill in Foundry Technology & make them employable. Eligibility The applicant firms/Institutes must be a registered legal entity with a minimum annual turnover of Rs. 1.0 crore towards conducting training/ imparting education/ Skill Development Programme for last 3 years.
SECTION : A (Printed Version ) � Front Cover * (Booked) Rs. 1,50,000/- � Back Cover * (Booked) Rs. 1,00,000/- � Front Inner Cover * (Booked) Rs. 70,000/- � Back Inner Cover * (Booked) Rs. 70,000/- � Page Facing Back Cover # Rs. 60,000/-
(Booked) � Double Spread * Rs. 35,000/- � Double Spread B/W Rs. 25,000/- � Book Mark * (Booked) Rs. 45,000/- * Advertisement in 4 Colour
# Advertisement in 4 Colour Art Paper
SECTION : B ( Both CD & Printed) � Full Page Colour * Rs. 20,000/- � Full Page B/W Rs. 12,000/- � Half Page B/W Rs. 7,500/- � Half Page Colour * Rs. 8,500/-
(EXCLUSIVELY FOR CD ROM VERSION)
Small Rotating Advertisement Rs. 2500/- (EXCLUSIVELY FOR CD ROM VERSION)
14% Service Tax Extra
Rates Exclusively for IIF Company Members only
10% extra charges for Non-IIF Company Members
Submission of EOI Interested tenderers may furnish EOI with all necessary documents in sealed envelope and a non-refundable processing fee of Rs. 5000/- (Five Thousand Only) through DD in favour of Principal Director, PPDC, Agra on or before 16th August 2015. For details visit the link https://docs.google.com/presentation/d/1rUFPkoknhFH0YRjamP8sSnhhgaK-
Gargi HA celebrates “25 YRS” of togetherness with Huttenes Albertus – Germany
The partnership of Gargi HA and Huttenes Albertus - Germany has set itself the goal to be a reliable and inventive partner to all foundries, in the Indian Subcontinent and with all products and services that are required for advance and efficient Casting Processes. On the occasion Mr Vinod Kapur spoke a few words“When we joined together I realized though we have different cultures, but now we share same values, objectives, systems and goals for achievement and respect for each other and trust each other. We have been very transparent with each other.” HA understood Indian culture, values, systems & Could adopt small scale business partner– GHA. We learnt German business Philosophy, as we had a giant partner.
• HA have always stood for the cause and their values have not changed. • We have learnt their managerial skill, technology transfers and developments. • Every German Director at our Board has been our friend, Philosopher, guide and helped us like an
elder brother and always been a part of our family. The function was well attended by 350 invitees, members of IIF, Suppliers, World Foundry Organization, HA worldwide, who’s who in Foundry industry, etc. Prominent among them were Mr R.V.Gumaste ;Ms Reena Bhagwati, Dr P.N.Bhagwati, Mr Sanjay Mathur , Mr Vikas Garg ;Mr D.S Chandrashekhar ;Mr Sumant Bharatram; Mr Atchi Nagai, Mr Hiroyoshi Kimura, Mr Asim Qadri, Mr S.K.Ahuja , Mrs Beena Verma, Mr Mark Fenyes; Mr Andrew Tuner; Mr Xabier Gonzales Azpiri; Prof Myung-Ho Kim; Prof Dr Ing. Jozef Suchy; Professor Itsuo Ohnaka; Ms Lynn Postle; Mr Umur Deniezi, Mr.Friedrich Georg Kehrer .
• North American bismuth market witnessing further declines
• Low-grade ferronickel prices linger at low levels on the Chinese market
• Chinese silicon metal export market still sees few deals
• Chinese secondary aluminum alloy ingot prices edge down
• Chinese bismuth ingot price falls further
India looking at doubling Aluminium import duty Reuters reported that India’s trade minister said on Friday, 7th August’ 15, that India is examining a request to double the import duty on aluminium to 10 percent, after companies such as Vedanta Ltd warned of job cuts due to low world prices and rising supplies from overseas. About 1.5 million of India's annual aluminium demand of 3.5 million tonnes is met through imports from China and the Middle East. Imports rose 4 percent to 390,000 tonnes in the April-June quarter from a year ago. Aluminium hits 6 year low Reuters reported that Aluminium hit a six-year low on Wednesday while other base metals also slipped as the dollar strengthened on speculation that the United States was closer to raising interest rates, a view bolstered by strong economic data. Three-month aluminium on the London Metal Exchange closed down 1.1 percent at $1,595 a tonne, the weakest since July 2009. The metal, used in transport and packaging, is down by a fifth since early August. A stronger dollar makes commodities priced in the U.S. currency more expensive to buyers using other currencies. BIR Non-Ferrous Mirror August 2015 – Report The following article is based on the latest Non-Ferrous Metals World Mirror produced by the BIR world recycling organization. Confusion remains ‘palpable’ among most importers, exporters and even inspection agencies regarding new pre-shipment inspection (PSI) rules for scrap imports. The requirement on inspectors to conduct the checks and upload pictures in a specific pattern to the Directorate General of Foreign Trade (DGFT) website is forcing more time to be spent at each loading site - ‘which ultimately means that PSI agencies would need to recruit additional inspectors, arrange their work visas, station them strategically to cover wider areas, and impart training’. Additional testing equipment will also be required, it is suggested.
On the upside, the new agency set-up will ‘allow India to buy scrap from virtually any part of the world’ and permit clearance without a PSI certificate in certain circumstances - that is, at specified Indian ports where radiological detection equipment has been installed so long as material is in shredded, sheared, bundled, baled, briquetted, turnings, borings or granulated form. Under this provision, however, the importer must provide a bank guarantee for 1 million rupees and must accept all responsibilities - financial and otherwise - for re-exporting the material to the point of origin if contamination were to be found. Although the trade is feeling ‘jittery’, there are hopes that fine-tuning of this new system will give Indian importers the confidence to renew their normal business activity levels over the coming weeks. The situation in India is one of a number of recent challenges identified by the scrap sector in the Middle East, others being the short working hours during Ramadan, falling prices on the LME and heavy congestion at major ports in the region. Govt. Confident of over eight percent growth rate in current fiscal year Expressing confidence of over eight percent growth rate in the current fiscal year, Finance Minister Arun Jaitley has said the Indian economy will boost further with the government taking all effective measures in the financial sector. Replying to a discussion on the Supplementary Demands for Grants in respect of the General Budget for 2015-16 in the Lok Sabha, Jaitley while elaborating the measures taken by the government said the banks, which are suffering due to Non-Performing Assets, will be recapitalised to the tune of Rs 1.80 lakh crore in the next five years to ensure their sound health. He said the proposed Goods and Services Tax (GST) regime will bring buoyancy to the economy besides benefiting many consuming states like Odisha. Jaitley said despite adverse global economy, the implementation of GST will boost Indian economy by one to two per cent. The Finance Minister also said major infrastructure projects with respect to national highways, steel and power will be infused with adequate funds. Fiat to make Jeep in India, SUV to cost Rs 15L It's good news for lovers of the famed American SUV brand Jeep. Fiat Chrysler, the parent of the brand, is planning to make India a hub for a low-cost right-hand SUV under Jeep brand, which could cost you around Rs 15 lakh. However, the SUV will be launched in the second quarter of 2017. At present, if you import an SUV under Jeep brand, it will cost you over Rs 50 lakh. Fiat Chrysler plans to manufacture the new 'C SUV' — as it is codenamed now — in India to avoid the pinching import duty of 180%. This will help the company keep costs under check. Fiat Chrysler also wants to make India one of the global manufacturing hubs to export the right-hand version to several countries. This will also help the company achieve economies of scale. Company sources said, to start with, C SUV will be exported to South Africa, Britain, Australia and some of the south-east Asian countries. "It begins in 2017, and we will scale up gradually." Kevin Flynn, president and MD of Fiat Chrysler Automobiles India, said the company will introduce the Jeep brand in India soon via import route. The company will showcase iconic Grand Cherokee and Wrangler models at the motor show slated at Greater Noida in February. The Jeep is considered as one of the originators of the SUV and off-road category and is famous world over for its rugged and all-terrain vehicles. Flynn said the company will manufacture C SUV at the Fiat Chrysler-Tata Motors joint manufacturing location at Ranjangaon in Maharashtra. While the two companies had parted ways in joint distribution and sales, they still manufacture cars from a common factory. "It is a great factory and has great capabilities. We will invest $280 million for the Jeep assembly and are confident that this will do justice to the brand." The company also plans to set up a separate sales network for the Jeep portfolio and Flynn said that this would be targeted at the metro markets and big towns. "However, we will provide an opportunity to some of our dealer partners when we open Jeep outlets." The company is identifying suppliers and key component vendors for sourcing the parts for the new product. Flynn, however, said that the C-SUV will also be manufactured at some other locations across the world, but these would be left-hand driven models. The company had earlier deferred plans for launching the Jeep in India around three years back due to the economic slowdown.
Honda scooter plant in Gujarat to be operational by early 2016; to employ around 3000 people According to HMSI officials, the plant will be begin operations in two phases. The first assembly line will begin production initially with 6 lakh units' capacity and after three months another assembly line with same capacity will begin production. Japanese auto giant Honda Motorcycle and Scooter India (HMSI) on Tuesday announced that its 'only scooter' manufacturing facility in Vithalapur in Mandal taluka will be operational by early 2016. Speaking on the sidelines on Honda Revfest event here on Tuesday, V Shridhar, group vice president and director, HMSI said, "The progress is going well. The factory will be operational by the last quarter of the current financial year." The foundation stone laying ceremony for the plant was held last year. HMSI has pumped in Rs 1,100 crore for its manufacturing facility which is spread across 250 acres and will have an annual production capacity of 12 lakh units, making it the world's largest only scooter manufacturing facility. Honda's plant is the first two-wheeler manufacturing unit coming up in Gujarat. Hero is also in process of setting up its manufacturing facility for motorcycles near Vadodara. According to HMSI officials, the plant will be begin operations in two phases. The first assembly line will begin production initially with 6 lakh units' capacity and after three months another assembly line with same capacity will begin production. Currently, HMSI enjoys 26% share in two-wheeler sales in India and also accounts for 59% of the scooter sales in country. HMSI has pumped in Rs 1,100 crore for its manufacturing facility which is spread across 250 acres and will have an annual production capacity of 12 lakh units, making it the world's largest only scooter manufacturing facility. "In 2014-15, we recorded 20% growth in sales in scooters against the national average of 7%. In Gujarat, HMSI enjoys 65% share in scooter and 22% bikes segment," added Shridhar. The new plant will employ approximately 3000 people within first 2 years of commercial production. Currently, HMSI exports 1.7 lakh units every year. The demand for two-wheelers in India is presently at 1.6 crore and is expected to grow by 10% next year. As many as 22 vendors and suppliers will set up their bases around the HMSI manufacturing facility and will invest approximately Rs 900 crore. According to HMSI, around 97% of the raw material will be sourced locally. Undertaking this capacity expansion plan will increase HMSI's total annual production capacity to 58 lakh units and cumulative investment in India to Rs 6200 crore, including 16 lakh units at first plant (Haryana), 12 lakh units at second plant (Rajasthan) and 18 lakh units at third plant (Karnataka).
Technology Development and Demonstration Program (TDDP) by DSIR, Ministry of Science & Technology
The Department of Scientific & Industrial Research (DSIR) proposes to strengthen the interface between industry, R&D establishments and academic institutions and provide catalytic support for development and demonstration of innovative product and process technologies, traversing the journey from proof of concept or laboratory stage to pilot stage, rendering them fit for commercialization. 1. Objectives (a) Development and demonstration of innovative need-based technologies for making industry competitive, and (b) Strengthening the interface between industry, R&D establishments and academic institutions 2. Sector of Interest Any sector leading to industrially useful applications. 3. Project Proposals The technology development projects should aim at development of a new product or a process (including development of process equipment) with attractive market potential. The projects should result in significant benefits in terms of raising the technological level of the industry concerned, high turnover, energy and material savings/recovery, export sales etc.
Nature of Proposals supported (a) Development of a new or improved product resulting in prototype development and ending with demonstration in commercial environment. (b) Development of a new or improved process resulting in establishment of process know-how, development of process equipment and demonstration of yield, efficacy etc in a pilot plant. (c) Absorption and up-gradation of imported technology. (d) Priority technology development projects of PSUs in consultation with and co-financing from economic ministries. Under this, consortium projects for development of technologies of common interests for group of industries or associations to be undertaken by industrial units, national laboratories, user industries in important focused areas such as Electronics and Communications, Railways, Drugs, Chemicals & Fertilizers, etc. shall be supported. (e) Development & demonstration of technologies for common use by cluster of industries. (f) Development & demonstration of technologies for government’s flagship and mission mode projects. So far, around 200 projects involving industrial units and scientific establishments, both in public and private sector, have been supported by the Department involving DSIRs share of about Rs. 100 crore in the total project costs of around Rs. 250 crore. These projects cover products and processes in various important industries such as, electrical, electronics, semiconductors, telecommunications, embedded software, instrumentation, mechanical engineering, metallurgy, earth moving and industrial machinery, chemicals, drugs, pharmaceuticals and explosives. For more details please visit: http://www.dsir.gov.in/tpdup/tddp/tddp.htm
International
Domestic
From.: 9th to 11th November, 2015
Venue: The Westin Hotel in Detroit, USA
URL: http://www.alumag.cc/na-2015-symposium/
From.: 10th to 13th November, 2015
Venue: Moscow, Russia
URL: http://www.metal-expo.ru/en
From.: 24th to 26th November, 2015
Venue: Hall 1, Bombay Exhibition Centre, Mumbai
URL: www.iesshow.in
From.: 21st to 26th January, 2016
Venue: Bangalore International Exhibition Centre,
Bangalore
URL: http://imtex.in/
Upcoming Events/ Seminars/Exhibitions
Notifications / Circulars:- MINISTRY OF FINANCE, Deptt. of Revenue (Central Board of Excise & Customs ):
Notification No. 73/2015-Cus (NT), dt. 6th August, 2015 Rate of exchange of conversion of the foreign currency with effect from 7th August, 2015
Department of Commerce, Directorate General of Foreign Trade (DGFT) Trade Notice No. 07/2015 Operationalisation of online payments through debit / credit cards.
