Friday, Apr 19 2024 | Time 05:23 Hrs(IST)
image
Business Economy


Conference on Automotive Materials and Manufacturing inaugurated

Pune, May 31 (UNI) The fourth edition of International Conference on Automotive Materials and Manufacturing opened on Wednesday with an emphasis on making the Indian auto industry environment friendly through newer materials and processes.




The conference is being held physically after the third edition conducted in online mode due to the COVID 19 pandemic. This conference is being hosted at Homologation and Technology Centre (HTC) of ARAI at Chakan Pune from 31st May to 2nd June 2023. It is being organised in association with SAE India and ASM International (Pune Chapter).




Hanif Qureshi, Joint Secretary of Union Ministry of Heavy Industries
emphasised the need to bring in a greener approach in the automobile manufacturing industry to face the stringent emission norms around the world.




“The automobile sector is an important part of the growth story of the emerging modern India. The sector is now more than $120 billion and is about 7% of the size of the Indian economy. It contributes more than 35% of the jobs in the manufacturing sector. We envisage new challenges as governments around the world are talking about stringent emission norms and fuel efficiency,” he said.


He added that the industry is looking for advanced materials that would help them in reducing environmental impact.




“This is the time when the Indian automobile sector is oiled for growth, but along with this growth, there are certain challenges as we have to look for advanced materials and processes which will hasten our journey towards not only better automobiles and better fuel efficiency, but also reduced environmental impact through improvement in manufacturing processes,” Qureshi said. UNI SP SSP
More News

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..

Microsoft and ByteXL join hands to Present HackXcelerate 2024 at CBIT in Hyderabad

18 Apr 2024 | 5:57 PM

Hyderabad, Apr 18 (UNI) Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform, to present HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students.

see more..

Honda Motorcycle & Scooter India inaugurates new Engine Assembly Line for CKD exports

18 Apr 2024 | 5:46 PM

Gurugram, Apr 18 (UNI) Honda Motorcycle & Scooter India (HMSI), one of the country’s leading two-wheeler manufacturers, has announced a significant milestone in its journey.

see more..
image