Latest Updates Around The World
The Federation of Indian Chambers of Commerce and Industry (FICCI) has reiterated its call for a manufacturing-related incentive to support aerospace manufacturing in the country. On Sunday, the Union Finance Minister announced customs duty exemptions on parts and components used in the manufacture of civil aircraft, training aircraft and other aircraft. Waiters on duty have […]
K Balasubramanian, Founder of Tsugami Precision India, and Chairman and MD of Proteck at Tsugam’s new factory in Oragadam. US$700 million Japanese machinery manufacturer Tsugami on Thursday inaugurated its precision engineering assembly and foundry plant in the Oragadam automotive cluster near Chennai. Tsugami has invested ₹300 crore in the facility to produce specialized, high-precision CNC […]
Rajeev Kaul, CEO of Aequs Aequs Ltd., known for its aerospace manufacturing capabilities, is ramping up investments in consumer electronics and durable goods as part of its diversification strategy. “Our goal is to replicate aerospace-scale precision in consumer products and deepen OEM relationships,” said Rajeev Kaul, Managing Director of Aequs. Aequs began mass production of […]
