Under the guidance of our Honorable Prime Minister Narendra Modi, India has been on a mission to become self-sustainable and gain the stature of a global leader across industries. The endeavor of “Make In India” is rapidly growing and has resulted in the economic and infrastructural development of the country.
The recent partnership of Tata Sons with Airbus Defense has further strengthened the mission of making India ‘Atmanirbhar.’ Under this partnership, India will acquire 56 Airbus C295 aircrafts, out of which 40 aircrafts will be manufactured in Vadodara, Gujarat.
PM Shri Narendra Modi with Tata Sons Chairman Shri N Chandrasekaran & Airbus Chief Commercial Officer Mr. Christian Scherer at the foundation stone laying event in Vadodara, Gujarat
This is a giant leap forward not only for the nation but for the state of Gujarat as well. The production of an entire aircraft will generate demands from more than 100 SMEs and will also open doors for exports.
Partnerships and collaborations like this are a testimony to the ever-growing demand for new technology and the latest innovations in India. ENGIMACH, India’s foremost platform for the display of automation and manufacturing technology can play an integral role in helping the demand meet the supply through its exhibitors.
A vast channel of exhibitors and visitors witness people from across the globe who demonstrate the latest innovations. Since the manufacturing unit for the aircraft will be set up in Gujarat, the 16th Edition of ENGIMACH, to be held in December 2023 can be a platform for SMEs and MSMEs to find the latest solutions and further contribute to the industry demands.
Cosmos Impex is India’s leading machine tools manufacturer of both Indian and imported products. With over 35 years of experience in the Machine Tools Industry in India, the Group holds over 20 years of manufacturing experience. They also have recently started the construction of Phase-I of their state-of-the-art technology park. This park is located at Ranu village in the Vadodara district of Gujarat. They target the entire project to complete in three phases and be operational by 2022.
The company plans on hiring a large number of engineers & technicians for this tech park. Professionals will be, however, hired in a phased manner. The technology park will have various plants producing key components to manufacture CNC Machine Tools. It will also comprise the R&D Division that will be a growth driver to their future business. COSMOS has already built technology alliances with some of the top machine tool industry leaders in the world. Uniquely, with this ambitious venture, COSMOS is playing their trump card for the growth of Indian industry in the fields of the Automobile, Infrastructure, Power & Steel, Electronics, and Aerospace & Medical Implants.
The company is investing close to ₹100 Cr in setting up of this technology park that covers 15 acres of land area. COSMOS is dedicated to their efforts for social and environmental issues. They hope to enrich the quality of life of the community they serve. To support that, the tech-park will take a lead in green initiatives. It will be surrounded by greenery all over the campus. They also plan on creating a rain forest facility. COSMOS tech-park aims at improving the synergy among its various divisions while bringing the majority of its operations to a single campus.
The technology parks will enable interaction of their group companies to work in harmony to evolve new technologies starting from inventions.
Mr. Nagesh Velaga (Director, COSMOS)
The cosmopolitan city of Vadodara is also the engineering capital of Gujarat. Gujarat has served the best soil to root businesses. A lot of employment generation will take place too due to setting up of this tech park. It would be the hub of several key businesses of the COSMOS group. In the light of sustainability, the 15 acres Tech-Park will offer single-point design, engineering and development solutions to the core sector industry.
Not to mention, this Technology Park will enable COSMOS Group to have all manufacturing process under one roof. It will serve the best control of systems with quality and delivery as per their customer needs. Long term ventures & associations with International Machine tool companies and over 800 employees are significant milestones in the growth story of the Group.
Read more about COSMOS and other exhibitors of the upcoming edition of ENGIMACH 2021 in our newsletter.
The FAME India project supports the hybrid and electric vehicle market, its development and manufacturing ecosystem. In the first place, they had launched the National Electric Mobility Mission Plan (NEMMP) 2020 to attain 6-7 million sales year on year from 2020 onward. The government aims to achieve national fuel security by promoting the same and provides fiscal and monetary incentives to kick start this nascent technology. This would not only benefit the electrical and manufacturing industry but also the auto component and green energy sector. These sectors are also the key focus sectors of ENGIMACH 2021 organized by K and D Communication Ltd.
The FAME scheme had an outlay of ₹8.95 billion and provided subsidies for electric vehicles. This included two-wheelers and three-wheelers, hybrids and e-cars and buses. Phase-I initially launched for 2 years, focused on implementation through demand creation, technology platform, pilot project and charging infrastructure.
To further promote sustainable growth, the year 2015 witnessed the launch of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme. Grants for specific projects were also sanctioned under these components. EVs under all vehicle segments could benefit from the demand incentive of ₹343 Cr approx. in the form of an upfront reduced purchase price. The National Automotive Board under D/o Heavy Industry implemented and monitored the amount of incentives availed. The government of India launched the scheme under National Mission on Electric Mobility in 2011/ National Electric Mobility Mission Plan 2020. As a result of this, there could be a raise progressive induction of reliable, affordable and effective electric vehicles.
Subsequently, the extension shifted from time to time. Lastly, the extension was allowed up to 31st March 2019 under the framework of the Demand Incentive Disbursement Mechanism. At present, the scheme has 30 Original Equipment Manufacturers registered under it with 137 models of all categories. The electrification expects about 50 million liters of fuel-saving and about 129 million kg CO2 reduction. The digitalized portal of the schemes shows the benefits of e-vehicles sold. Additionally, the portal reflects MIS reports to help in monitoring and management.
Commencing from April 2019, the Department of Heavy Industry approved Phase II of the scheme – FAME II with an outlay of ₹10,000 Cr for 3 years. It allotted about 85 per cent of the total budgetary support for demand incentives. The aim furthermore is to support an estimate of 7000 e-buses, 10 Lacs electric two-wheelers, 5 Lacs electric three-wheelers and 55000 electric four-wheeler passenger cars including strong hybrid.
The scheme encourages manufacturers to build electric vehicles while also creating and developing charging infrastructure. The government estimate spending of around 10,000 Cr on this phase in the upcoming year of 2021 and 2022. It states that there will be high use of electric buses to reduce pollution, traffic and other types of difficulties. The scheme mainly focuses on private vehicles in the two-wheeler segment in metropolitan cities. It encourages the use of electrical charging stations over diesel and petrol ones. The Government of India has planned on giving out 670 e-buses in the state of Chandigarh, Goa, Gujarat and Maharashtra and creating 241 charging stations. These stations, supposedly, are to be planted by the roads of Gujarat, Kerala, Madhya Pradesh, Port Blair and Tamil Nadu.
To be eligible for incentives under phase-II of the scheme, vehicles ought to meet minimum technical criteria and registered as “Motor Vehicles” as per CMVR. Although, only vehicles fitted with advanced chemical batteries fall under the criteria. The scheme will apply to vehicles used for public transportation, registered for commercial purposes in e-3W, e-4W and e-bus, or private-owned vehicles registered as e-2Ws to generate greater emphasis for the masses.
The government, however, has not yet prescribed any application procedure for the subsidiary under FAME-II. Check for update on the official website of heavy industry, ministry of heavy industries and public enterprises, Government of India.
The current Gross Value Added (GVA) from the manufacturing sector was estimated at US$350.27 billion by the end of the financial year 2021. On balance, it accounts for 19% of the country’s Gross Value Added. A recent survey estimates the capacity utilization in the manufacturing industry to stand at 63% in the second quarter of FY21.
IHS Markit complied Manufacturing Purchasing Managers Index (PMI) increased by 1.3 from December 2020 to January 2021. According to the Ministry of Statistics & Programme Implementation, the country’s industrial output reached 135.2 in December 2021, while the industrial output indices for the manufacturing sector alone stood at 135. in January 2021.
Industry 4.0 aims at automation and data exchange in the current manufacturing technologies, including cyber-physical systems, the Internet of things (IoT), cloud computing and cognitive computing and creating the smart factory.
The government of India set up a 22 member Inter-ministerial Committee in November 2020. It presented the idea of strengthening the Capital Goods sector, enabling its contribution towards the goal of achieving the US $5 trillion economy. The data includes the US $1 from the manufacturing sector. Up to the present time, they have already set a target of increasing the contribution of manufacturing output to 25% of our GDP by 2025.
This committee’s agenda includes technology development, global value chains and skill development as per the global standards. They are working on improving custom duties procedures to make the sector stronger on international platforms. Given these points, India could become the manufacturing hub of the world. In January 2021, the 6th inter-ministerial Review Committee for Capital Goods scheme gathered to plan the creation of an eco-system for R&D for manufacturing technology. The development of based open manufacturing technology innovation platforms is the step towards it.
It is known that an increasing number of industries and professionals are beginning skill enchantment programmes. It is not only for immediate implementation but also to make the employees ready for the future. Industry 4.0 Digitization is becoming popular with time. However, a hitch in the mindset of the industry personnel still exists for participating in the automation projects and training.
The approach seems to be the way ahead even in the MSMEs. Senior level managers would be required to take this initiative forward so India could paint the globe with its vibrant manufacturing economy. K & D Communication Ltd puts forwards ENGIMACH 2021 as our share of contribution in the learning process. ENGIMACH is a platform for the Indian engineering and manufacturing industry to come out and address the innovation, trend and scope of the industry.
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