India Economy Thread

[indo17787]

“We have plans for two-stroke engines in India,” Gaby Hanna, managing director, senior vice president, head of region – Middle East & Africa , said in an interview.

“We don’t manufacture, in any case, two-stroke engines… it's all with our licensees. We have an initiative now to look for a partner or two in India to be our two stroke engine licensees for large commercial vessels.”

German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for ships

German marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships through licensing agreements. The company is also exploring setting up its own production facility for its high-speed, four-stroke 175D engine. Everllence, the...

economictimes.indiatimes.com

India has sought the help of Switzerland-based WinGD to establish a marine engine
manufacturing hub in the country.

Govt invites Chinese-owned marine engine maker WinGD to set up plant in India

The Indian government encourages Chinese-owned WinGD to set up a marine engine manufacturing plant in India, aiming to bolster the nation’s shipbuilding industry and meet rising maritime demands by 2047.

infra.economictimes.indiatimes.com

 

[indo17787]

Balu Forge Industries acquires major ring rolling production line​

"We are unlocking new frontiers in renewable energy, defence, and heavy industries, proving that world-class, ultra-large-scale manufacturing is thriving right here in India." “This is a landmark moment for the Indian manufacturing sector as a whole.
Bringing one of the largest ring rolling machines in the country empowers us to
forge components of staggering scale and complexity,” noted Trimaan Chandock, executive director, Balu Forge Industries.

Balu Forge adds 18,000-tonne ring-rolling capacity with 6.7-metre capability

Balu Forge Industries has expanded its manufacturing capabilities with a new ring-rolling production line that can produce forged rings up to 6.7 metres in diameter, bolstering its ability to supply the heavy engineering and strategic sectors.

manufacturing.economictimes.indiatimes.com

A new ring mill at Baramati is expected to start in Q4 while additional forging capacity should support aerospace and high-horsepower engine customers. It is also developing an energetics plant in Andhra Pradesh and a mega aerospace site in Odisha.

₹11,196 Cr Defence Order Book and ₹1,800 Cr Capex: Can Bharat Forge Transform Into a Multi-Sector Manufacturing Powerhouse?

An engineering and manufacturing company is shifting from automotive to defence, aerospace, semiconductors, and data-centre applications. With a significant defence order book and investments in higher-value products

tradebrains.in

 

[CallSignMaverick]

 

[NeptunesVortex]

Samsung shifts focus to high-bandwidth memory amid expanding outsourcing of DDR5

Some of the key partners reported include Dreamtech in India, Hanyang Digitech in Vietnam and SFA Semicon in the Philippines

https://www.globalsources.com/sourcing-digest/samsung-shifts-focus-to-high-bandwidth-memory-amid-expanding-outsourcing-of-ddr5/?source=GSOLHP_SKC_4