Text : J Srikant National Instruments, the Austin, Texas based technology giant, recently held its annual conference, NIDays 2014, at Bangalore. A coming together of industry and academia, the event gives a clear glimpse of what can be expected in the near future when it comes to technology solutions. The event, which saw the participation of nearly 800 engineers, academicians[Read More…]
Sumitomo Electric Industries, Ltd. (hereinafter, “Sumitomo Electric”) received a decision from the National Development and Reform Commission of China (the “Commission”) stating that Sumitomo Electric violated China’s Anti-Monopoly Law in connection with the supply of automotive wiring harnesses and related products. Sumitomo Electric is committed to compliance with all applicable competition laws around the world. The Commission’s decision is based[Read More…]
On August 19, 2014 (Chinese Time), JTEKT CORPORATION (“JTEKT”) has been imposed on a fine of 109.36 million Chinese Yuan (approximately 1,800 million Japanese Yen) by the National Development and Reform Commission (“NDRC”) of People’s Republic of China for violation of Chinese antitrust law in relation to some past sales of bearings in Chinese market. As JTEKT treats this matter[Read More…]
Text: T Murrali The auto industry and the auto components industry in particular are saddled with several issues ranging from fluctuating cost of inputs, increasing operating cost, lack of steady policy, unfavourable economy, etc. Irrespective of the situation they have to maintain the key parameters such as quality, cost and delivery as their customers’ (OEMs) customers have been very[Read More…]
Text & Photos: T Murrali In a kingdom of bearings dominated by multinational manufacturers, a homegrown company has successfully competed against them, carving a niche for itself with its robust and flawless manufacturing process. The company is National Engineering Industries (NEI) that makes bearings under the NBC brand. We went around the company’s mother plant in Jaipur that won the Deming Prize[Read More…]
T Murrali With rising competition coupled with ever increasing operating cost the challenge for any component manufacturer to stay afloat is to contain the cost of manufacturing. This is gaining significance since these issues directly hit the bottom line and may even pave the way for organisations to exit the business. However, options to contain variable costs are falling due[Read More…]
The Volkswagen Passenger Cars brand wins the National Energy Globe Award Germany for its holistic environmental program “Think Blue. Factory.” Earning particular recognition was its eco-friendly use of resources in production. With the Austrian Energy Globe Foundation as its patron, the award allows outstanding projects from all over the world with a focus on conserving resources, energy efficiency and using[Read More…]
