AUTO COMPONENT MANUFACTURERS WANT HARYANA GOVERNMENT TO REVOKE LOCAL HIRING LAW

HIGHLIGHTS

• ACMA wants Haryana Government to revoke the law which makes it compulsory for companies to hire 75% of workforce among local people.
• The law also fixes minimum salary for local talent.

The Automotive Component Manufacturer...

JAPAN GOVT. AIM FOR BAN ON SALES OF GASOLINE-ONLY CARS BY MID-2030s

Highlights –

• Japan Govt. to aim for ban sales of gasoline-only cars by mid-2030s.
• Japan aims to promote all-electric, fuel cell, gasoline-electric, and plug-in hybrid cars.
• In 2019, the domestic sale of lower-or-zero-emissions cars, i...

Auto industry weighing the affect of EVs

Auto makers shall be launching several electric platforms during this decade, and, in return, auto parts suppliers will have to walk the line of concentrating on its existing business as well as investing for the future.

A product testing manager as well as a senior test engineer at the...

The untapped potential of data sharing in development is $100b

The smart machines MANUFACTURERS and new-age are the battles. In operations and in incorporating value chains, their flexibility is not negated.

Not only that, manufacturers recognize the industrial opportunities that skills such as artificial intelligence and advanced analysis offer qu...

Manufacturers to invest $26.2 billion on "upskilling" to attract and retain employees in 2020

With a skill deficit plaguing manufacturing in a traditionally tight labor market, companies are spending large amounts of money to "upskill" their current workforce and secure a talent pipeline.

According to the Manufacturing Institute, by 2020, manufacturers are set to spend...

Global manufacturers demonstrate solid fourth industrial revolution initiatives

The fourth industrial revolution program is being piloted by many manufacturers, but very few have succeeded in incorporating modern technologies to reap major economic as well as financial benefits while remaining in the "pilot purgatory," according to the World Economic Forum and McKi...

India’s economic slowdown hits car sales: SIAM

On Friday, the Society of Indian Automobile Manufacturers (SIAM) stated that last year, the sales of cars fell by a record 19% in India. It is on account of a slowing economy. It has made consumers resistant to spend on such items. This year, it is predicted that the demand is likely to flat.

Exports of South Korean Car anticipated dropping For 7th Consecutive Year

Because of declining demands in the emerging markets, it is being expected that the auto exports of South Korea will be dropping this year for the 7th consecutive year in terms of volume, as per the data collected by the Korea Automobile Manufacturers’ Association.

Car manufacture...

SETP CONSIGNMENTS COLLAPSE AS PISTONS KILN ONWARD

The Q3 2019 consignment facts unconfined instantaneous by the General Aviation Manufacturers Association (GAMA) disclosed a noticeable decrease in demand for Single-engine Turbo-prop (SETP) airplanes, whilst piston-powered airplanes displayed boosting growth.

The SETP sector, which once...

The consolidation Hybrid initiative

The steel manufacturers SSAB, the mining company LKAB & the energy company Vattenfall are the brains and the deep pockets behind this hybrid initiative that the energy world has obsessed about in the past, be it climate week in NYC or the UN Climate Action Summit in New York, hybrid was invit...

Industry demands clarity on Single-use plastic guidelines

Industries are still confused about the single-use plastic ban and have sought clarity on the government’s plan to phase out single-use plastic by 2022. It has requested the Centre to issue clear guidelines on the ban.

The unclarity in the guidelines has led to the closure of appr...

Benz sales increases

Korea has been a prominent name in the auto industry despite its small size and relatively unknown name in the global markets. It is the home o some of the most prestigious carmakers like Hyundai and Kia. The auto sector is quite influential given that it's only a third of the Japanese car in...

With an increase in the investments, the plastic recyclers have seen an annual revenue of RM20 billion

Plastic recyclers anticipate that their commitments should the economy to increment to somewhere in the range of RM15bil and RM20bil every year if there is greater interest in innovation, framework and redesigned limit. The Malaysian Plastics Manufacturers Association (MPMA) and Malaysian Plastic...