Bosch SDS, Dassault Systèmes collaborate to advance AI-led manufacturing in India
Bosch Software and Digital Solutions (Bosch SDS) and Dassault Systèmes today announced a collaboration in India to help manufacturing enterprises accelerate digital transformation across product engineering, manufacturing operations and industrial value chains. The collaboration brings together...
Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
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IBAAS Symposium to open its door to delegates on September 26 in Goa, India
<p>Like every year, International Bauxite, Alumina & Aluminium Society (IBAAS) is inaugurating its 5th International symposium (IBAAS-2016) in Goa, India on September 26. The three day conference will host delegates from international and domestic aluminium industry at the venue from 26-28...
Union Minister of State Piyush Goyal meets representatives from aluminium industry today
<p>Union Minister of State with Independent Charge for Power, Coal, New & Renewable Energy and Mines Piyush Goyal met the representatives from aluminium industry today.<br /><br />In a tweet, Goyal said, “Met Federation of All India Aluminium Utensils Manufacturers & Aluminium...
Indian Railways to float global tender for procuring 300 aluminium coaches
<p>After the successful trial run of Talgo train, Indian Railway Ministry is almost decisive about procuring 300 light-weight aluminium coaches from the market to for faster inter-city travelling. <br /><br />The main railway routes are already over-saturated and are posing a serious challenge for...
“Today JNARDDC stands at a point, where Indian Aluminium industry, can bank on us, for support guidance and innovation,” Mr. Anupam Agnihotri, Director, JNARDDC
<p><strong>Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur</strong>, India is a "Centre of Excellence" set up in 1989 to make contributions to the technological growth of the Indian Aluminium Industry. The centre has well-established R&D facilities for...
Govt rules out minimum import price on aluminium
<p>India’s ministry of commerce and Industry has ruled out imposing minimum import price (MIP) on aluminium and is of the view that the World Trade Organization’s (WTO) non-compliant measure will tarnish the country’s image globally.<br /><br />This comes in the backdrop of the...
Aluminium futures trade marginally up on spot demand
<p>Aluminium prices were up by 0.20 per cent to INR105.50 per kg in futures trade today as traders built up fresh positions after uptick in demand from consuming industries in the spot market.</p> <p></p> <p>At the Multi Commodity Exchange, aluminium for delivery in September was trading higher by...
India Revenue department to hold Public Hearing on aluminium safeguard duty
<p>The Director General (Safeguards) India has decided in favour of holding a Public Hearing before any decision is taken regarding imposition of safeguard duty on unwrought aluminium imports from overseas markets to protect domestic manufacturers. Accordingly, the Revenue department will hold the...
Challenging times ahead, says Hindalco Chairman K.M. Birla
<p>Indian aluminium major Hindalco Industries of the Aditya Birla group, is all poised for a challenging time ahead with subsidized aluminium imports, rather dumps, from the overseas markets flooding Indian market and profitability going down for aluminium makers in the country who base their...
India mines ministry asks NALCO to raise aluminium smelting capacity
<p>The recently ended Confederation of Indian Industry’s Sustainability Summit in New Delhi saw the Minister of State (Independent Charge) for Mines, Coal, Power and New & Renewable Energy, Piyush Goyal expressing concern about Indian aluminium majors not operating at their full...
Successful trial of Talgo train inspires Indian Railways to consider more aluminium coaches
<p>The successful trial run of Spanish made Talgo train has encouraged Indian Railways to consider introducing more aluminium coaches in the country's rail network to add to the speed of transport and reduce travelling time between different locations. <br /><br />The aluminium Talgo train...
Aluminium nose-dives to three-month low, India base metal prices drop in tandem
<p>Aluminium traded on London Metal Exchange (LME) dropped significantly to touch the lowest in past three months on Monday along with other base metals in the pack as investors turned speculative about a possible U.S. Fed rate hike this month and started shedding risky assets. <br /><br />"The...
Cairn India shareholders approve merger of Cairn India Limited with Vedanta Limited
<p>The equity shareholders of Cairn India Limited have today approved the Scheme of Arrangement of Cairn India Limited with Vedanta Limited with requisite majority. Vedanta Limited shareholders already approved of the scheme on 9th September 2016.<br /><br />Anil Agarwal, Chairman of Vedanta...
Over 175 automotive companies from India to showcase at Automechanika Frankfurt
<p>Indian Aftermarket Business Expected to Grow to USD 30 Billion by 2026 - ACMA Automechanika - the worlds leading trade fair for the automotive aftermarket industry is set to open its doors in Frankfurt this week from 13-17 September, 2016. As the worlds biggest trade fair for the automotive...
Robust production and exports from China to keep aluminium prices in check
<p>Aluminium among all base metals is considered to be the least volatile commodity. Yet in the past one year it has experienced price swings so frequently and so widely that the analysts are sceptical that the volatility might extend further. The metal which nose-dived to $1449 (on London Metal...
Trending Aluminium Industry Events to be attended in September: Part ll
<p>So, we have covered the trending events to be attended from the first fortnight of September. In the meantime, aluminium market changed trends downwards. After hitting a new 13-month high in August, three-month Aluminium on the London Metal Exchange came down to $1590 level in September. China...
US fighter jets to get ‘Make in India’ tag- Pentagon backs proposal
<p>In a huge boost to PM Narendra Modi’s pet project ‘Make in India’ drive the Pentagon has given green signal to the US aviation behemoths Boeing and Lockheed Martin to manufacture higher-end fighter aircraft in India. The proposals which include transfer of technology and...
Aluminium prices drops 0.37% to INR 107.30 per kg in MCX
<p>Indian Aluminium prices dropped 0.37 per cent to INR 107.30 per kg in futures trade today at Multi Commodity Exchange. Due to subdued demand in the spot market, traders reduced exposure.<br />At the Multi Commodity Exchange, aluminium for delivery in September month traded at INR 107.30 per kg...
NIFT-TEA India students upcycle aluminium waste to create artwork of highest standards
<p>The recently ended craft exhibition at the NIFT-TEA College of Knitwear Fashion in Tirupur, India, saw art connoisseurs and buyers pouring in huge numbers to own a piece of art among a host of other on display, mostly created from waste paper, scrap aluminium, and other used materials. <br /><br...
