Wednesday, Jul 6 2022 | Time 21:16 Hrs(IST)
image
Business Economy


BFW launches Hosur facility, to set up 2 new plants

Chennai, Oct 4 (UNI) Bharat Fritz Werner Limited (BFW), India’s leading
solution provider in the area of machine tools, was planning to set up two
new plants, including on in Karnataka.
Talking to reporters here on Thursday, Company Managing Director Ravi
Raghavan said of the two plants, one could come up at Tumkur in Karnataka,
where BFW would be setting up a machine tools park.
The location of the other plant was yet to be decided.
He said the two new plants were envisaged to take the production capacity
to 10,000 machines per year in the next 3-4 years, from the present 3,500
machines.
Announcing BFW’s new manufacturing facility at Hosur in Tamil Nadu, he
said it was is a‘Factory of the Future’, and the plant was an engineering
masterpiece.
The company was a front runner in digitization and use of Artificial
Intelligence in the Manufacturing Industry. Incidentally, BFW was the
first company to get all its approvals online when the Tamil Nadu
government inaugurated its single window clearance portal.
Mr Ravi Raghavan said in the first phase the factory was spread across
60,000 sqft and includes significant numbers of modern machines to enable
integration of existing foundry facility with machining capability.
''The second phase will spread over another 60,000 sq ft area. The Industry
4.0 compliant factory is fully-automated and AI enabled. The manufacturing
process here is designed to take it to next level through digitisation and
superior engineering'', he said, adding, such processes ensure cost efficiency,
increased manpower productivity, shortened manufacturing time and were in
line with the company’s endeavour to progress in every area of its operations.
UNI GV 1745
More News

DGCA issues notice to SpiceJet

06 Jul 2022 | 8:05 PM

New Delhi, July 6 (UNI) The Directorate General of
Civil Aviation (DGCA) on Wednesday issued a show-cause notice to
SpiceJet for failing to 'establish safe, efficient and reliable air services.'

"The reported incidents on aircraft operated by SpiceJet from April 1, 2022, till date have been reviewed. It has been observed that on number of occasions, the aircraft either turned back to its originating station or continued landing to the destination with degraded safety margins. This shows poor internal safety oversight and inadequate maintenance actions as most of the incidents are related to either component failure or system related failure (resulting) in degradation of the safety margins,” the notice said.

see more..

Wave goodbye to dry hands with ‘The Body Shop’

06 Jul 2022 | 8:02 PM

New Delhi, July 6 (UNI) When extra hand washing and sanitising leaves palms and pinkies high and dry, they need a hydrator that can handle anything.

see more..

TVS launches RONIN

06 Jul 2022 | 7:11 PM

Panaji, July 6 (UNI) TVS on Wednesday launched its new motorcycle – the TVS RONIN.

see more..
Monsoon essentials by Clovia to take care of your skin!

Monsoon essentials by Clovia to take care of your skin!

06 Jul 2022 | 6:19 PM

New Delhi, July 6 (UNI) With the arrival of monsoons, comes high humidity levels in the air, which can cause a number of skin issues, especially for people with oily or combination skin types, making their complexions appear even more greasy, lifeless, and dreary.

see more..

Reliance Retail signs pact with Gap

06 Jul 2022 | 5:48 PM

Mumbai, July 6 (UNI) Reliance Retail on Wednesday said it has signed a long-term pact with Gap to become the official retailer for the American clothing major across all channels in India.

see more..
image