THE INSTITUTE OF INDIAN FOUNDRYMEN

Issue No. 199,

1 Dated 4th October, 2016

65th IFC & IFEX 2017 - Kolkata

For details please visit website http://www.ifcindia.net

To register as delegate for 65th IFC please click

on the link below & also avail Early Bird discount
http://www.ifcindia.net/registration.html

Bulletin Supported By:-

/
http://inductothermindia.com http://www.porwalauto.com/ https://www.thermofisher.com http://www.kiswok.com/ http://www.disagroup.com

http://www.fomet.com/ http://www.gargi-india.com/
india.com/ http://www.ehp.de http://www.foracepolymers.net/ http://www.vivegha.com/

Foundry Informatics Centre, 67 Tughlakaba

abad Institutional Area, New Delhi – 110062 Page 1
Tel: +91 11 29960601, Email: fic@indianfo
foundry.org, Web: http://foundryinfo-india.org/
g/
 Report on Chinese High End Foundry Industry Park
By Mr. Subodh Panchal
Chairman International Affairs Committee of the IIF

Under the directions of Mr. Xi Jinping, Premier of China, Chinese Government is making a huge
investment under very ambitious “Road & Belt” (like Silk Route of Olden days) to cover ASEAN &
European Countries with Chinese Industrial Products. They have plan to create a corridor covering
Belarus, Russia, Thailand, Cambodia, Indonesia, Malaysia, India, Pakistan and other countries.
Chinese Government is pumping billions of dollars to create industrial parks for different products in
different states, creating basis infrastructure needed for special industries.

For foundries and allied industries they have selected a city named Hancheng for “High End
Foundry Industrial Park” 250 kms, north from Xian city. I had an opportunity to make a
presentation in the seminar at this upcoming new foundry park, in September, 2016.
Details of the park is forwarded in this article. Before that some of my observations are given below.
- In this High End Foundry Park, German Consultants are giving guidance to establish Smart
Foundries (Type 4).
- Government has plan to shift foundries from other parts of China to this specified zone
providing all infrastructural facilities, waste recycling, residences for workers and staff, logistics
and rapid movement to the ports for export, etc. etc.
In this High End Foundry Park, Government offers land against zero payment and also gives
constructed shades as per customers specifications within six months. Repayment will start after
five years.
- There is a sharp increase in the cost of inputs in China. For an example current prices are :
- Steel Melting scrap (USD 270 – 300 PMT)
- Pig Iron (USD 240-270 PMT)
- Minimum wedges for worker (USD 20 to 35 per day)
- Electricity Charges (USD 95-100 per 1000 Kws)
- Night Electricity Charges (USD 58 per 1000 Kws)
- In land transport cost is increased by 10-20 pct due to load restrictions.
- Pollution norms became very stringent forcing small units to close down.
- During last one month prices of all raw materials are spiraling up because of the price increase
in basic raw materials like Coke and steel.
- All above reasons were making Chinese castings uncompetitive, but recently
Government has started subsidy on the export of castings from 3% on rough
castings to 11% on finished ones.

Mr. Subodh Panchal, Chairman International Affairs Committee of the IIF, during the seminar held at the High
End Foundry Industry Park, Hangcheng, CHINA

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 2
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 With this support, Chinese foundries are becoming aggressive now to enter in Indian and
other global markets, who should be prepared for incoming challenges and competition
from Chinese Foundries.

DETAILS OF HIGH END FOUNDRY PARK

Hancheng city is an important energy base in northwest China, considered as an important part of
“Black belt of Weibei plateau”. Hancheng city has 10.3 billion tons coal reserves, huge iron are reserves
and the first steel production volume in Shaanxi province. Water resource availability in Hancheng city
is about 400 million cubic meters, coalbed gas is about 200 billion cubic meters, installed power-
generating capacity is about 2.8 million KW, and 350000 KW 2 coal gangue generating unit is under
construction. Closed to Shanxi province, Hancheng city has rich resources in foundry cast iron and
aluminum ingots. Hancheng city has particularly favorable natural conditions for high-end foundry
industry.

The overall industry park planning is prepared by the No.6th Design Institute of Machinery Industry.
According to the high-end positioning strategy, Industry Park applies a top-level design, takes the
advantage of advance foundry technology from Germany and rich local natural resources, so as to build
up a green Industry Park characterized with “High-end orientation, clustering with high efficiency,
green ecology environment”. Industry Park is equipped with complete infrastructure facilities, including
parks roads, telecommunications, standard central heating, power supply, gas, sewage treatment,
foundry cleaning, comprehensive life service and logistics distribution center. Meanwhile, Industry Park
is also equipped with Sino-Germany (Hancheng City) Foundry Institute and Exhibition and Trade
Center, so as to provide technical innovation support and access to online and offline commercial
transactions of Internet.

The planning land of Industry Park is about 3,000 mu, with an investment of 3.0 billion yuan. Industry
Park has a design capacity of 300,000 tons for each year. The industrial output value of Industry Park
may reach to 50 billion yuan. Industry Park is equipped with service center, customer center, business
incubation centers, pilot plant, test center and other State of art facilities. Industry Park infrastructure
includes water supply, drainage, electricity, gas, heat, communication and roads which are all subjected
with unified construction. The distinguishing facilities in Industry Park are "Sino-German (Hancheng
City) Foundry Research Institute" and "Exhibition Trading Center".
Guided by “Made in China 2025” and National and Shaanxi State Thirteen Five years Equipment
Manufacturing Industry Development Planning”, Hancheng City High-end Foundry Industry Park
takes “Development Planning for Hancheng Economic and Technological Development Zone (2013-
2030)” as a supportive entity, takes the advantage of sufficient local resources, such as cast iron,
power supply and coal-bed methane, relies on advance foundry technology and Germany technologies,
and applies market-orientation. The Industry Park focus on basic spare parts industry with high value-
added products, and devote to build up a resource-saving, environment-friendly, sustainable
development Industry Park.

Objective of Hancheng City High-end Foundry Industry Park

Industry Park fully utilizes the current resources to promote development of high-end foundry industry
and innovation, creates green foundry industry ecosystem, and focuses on trade advantages to
implement the Intelligent Manufacturing by 2025. Moreover, Industry Park will build up a number of
intelligent manufacturing model enterprises in foundry industry.

High-end orientation - Regional intelligent industrial cluster

Industry Park recruited a number of German experts and introduced many advance foundry
technologies for establishing the Foundry Research Institute. With the intensive human input and
capital investment, established a enterprise cluster for virtual manufacturing, intelligent manufacturing
and comprehensive digital management. With the carrier of internet and large data, set up a chain
from supplier to customer.

Industry Park provides various central production services, including industry display, supply chain
financing, global order, industrial design, process design, virtual simulation, 3D printing, inspection, and

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 3
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 sand recycling etc., Enterprise settled in Industry Park may only engage in technology innovation
research, development and production, which may greatly reduce construction cost of enterprises.

High added-value - Open ecological industry system

Hancheng City high-end Industry Park is planning to set up centralized sand treatment plants, water
treatment plants and heat treatment plants, which may not only form circular economy ecology inside
Industry Park, but also provide a manner to assimilate on-site equipments, building materials and scrap
steel in coal chemical Industry Park. Hancheng City Building Materials Industry Park may properly treat
waste sand and residue each year, so as to form a circular economy. Enterprises may benefit each
other by turning waste into treasure, which may greatly reduce operating costs. By end to end project,
enterprise may increase product added-value and extend industrial value chain.

Sino-German (Hancheng City) Foundry Research Institute:

Sino-German (Hancheng City) Foundry Institute is jointly established by Hancheng City Foundry
Industry Park Construction & Investment Co., Ltd. and German RWP Company. With the cooperation of
Germany, China Foundry Association and national well-known universities, the Industry Park are
engaged in achievements transformation of advance foundry technologies, product development,
personnel training, information consultant, and technology services, so as to provide front-end
technical services for enterprises settled in Industry Park.
Sino-German (Hancheng City) Foundry Research Institute is equipped with pilot plant, advance test
center, and sand-model (core), 3D printing device, which may quickly complete verification of trial
production.
Sino-German (Hancheng City) Foundry Research Institute will communicate with enterprises on major
difficulties encountered during production on site, so as to provide a full range technology and
management solutions, and implement a field guidance.

Take innovation and technology introduction as a driven force

The Industry Park recruits famous German experts in foundry industry, Dr. Weiss, as honorary
president of Sino-Germany (Hancheng City) Foundry Research Institute and Chinese Belgium Dr. Ling
Yong as a consultant.

Technical support: Sino-German foundry research institute

Market service facilities: China Foundry Association Cloud Business and Offline Trading Center
Hancheng City Foundry Industry Park Administration Construction Co., Ltd. is managed by the
government, as well as its construction and operation, which introduces the most intimate "Nanny"
government service for the project. With the most characteristic "Marketing" company service, the
industry park is strived to build ecological District for foundry industry development, providing a full
range of "one-stop" service in register procedure. Moreover, a strong support in project loan, equity
financing and logistics in “food, live, transportation" of employees is provided.

Senior operators: Hancheng City Vocational Secondary Specialized School and Shaanxi province
Industry Professional Technology Institute will cultivate and output senior operators for front-line staff
for enterprise;

Management and technical backbone: Established cooperation relations with Xi'an Jiaotong
University and other six well-known universities, to input senior management and technical personnel
to the park;

Scientific research strength: Establish Sino-German (Hancheng City) Foundry Institute, gathered
the industry's top foundry expert, so as to help enterprises for a sustainable development.

Conclusion :
There is no doubt that it is a very ambitious and visionary project which may take decades in other
countries to established. But personally I believe that China with huge funds available, quick
decision taking comfort and dedicated support of universities and technocrats can make it
feasible in 5-7 years.
Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 4
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 Consolidated list of Major Castings Under MEIS
IIF has been pursuing at various forums for revisit of MEIS scheme for promoting export of castings
produced in foundries. The matter was taken up with DGFT, Deptt. of Commerce, DIPP & through
Foundry Development Council.

The recommendations by IIF has been considered & the MEIS benefit has been increased progressively
on various castings from 2% to 3%. Also Category 'C' countries which were not covered earlier have
been included as proposed by IIF.

A consolidated list of Castings with HS codes which are now eligible for increased incentive is given
below for ready reference. These castings have been covered under three separate notifications
i.e. DGFT Public Notice No. 44 /2015-2020, dt: Oct 29, 2015, DGFT Public Notice No. 06 /2015-
2020, dt: May 04, 2016 and DGFT Public Notice No. 32 /2015-2020, dt: Sep 22, 2016.
The changes notified under various notifications are highlighted below:-

Consolidated List of Major Castings

Revision as per Revision as per Revision as per
DGFT Public DGFT Public DGFT Public
Earlier MEIS
Notice No. 44 Notice No. 06 Notice No. 32
Reward Rate
HS Code Description /2015-2020 /2015-2020 /2015-2020
dt: Oct 29, 2015 dt: May 04, 2016 dt: Sep 22, 2016

Category Category Category Category

A B C A B C A B C A B C
73030030 Spun Pipe 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
73071110 Sponge Iron Cast Fittings 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
73071120 SG Iron Cast Fittings 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Others Non-Malleable Cast
73071190 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Iron
73071900 Other Cast Fittings 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Other Utensils Of Cast Iron
73239190 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Not Enameld
Other Household Articles
73239200 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Of Cast Iron, Enameld
Othr Articles Of Non-
73251000 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Malleable Cast Iron
Grindng Balls & Smlr Artcls
73259100 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
For Mills
Other Cast Articles Of Iron
73259910 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Malleable
Other Cast Articls Of Alloy
73259920 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Steel Malleable
Other Cast Articls Stainless
73259930 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Steel Malleable
73259992 Drain Covers 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
993 Platsandframes Fr
73259993 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Sewage Watr/Similr Syste
Other Cast Articles Of Iron
73259999 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Or Steel N.E.S
Drain Covers, Plates, And
73269030 Frames For Sewages, 2% 2% 0% 2% 2% 0% 2% 2% 2% 3% 3% 3%
Water Or Similar System
84099112 Pistons 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84099113 Pinton Rings 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84099114 Piston Assembles 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84099912 Pistons 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Other Parts Of Semi Diesel
84099990 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Engines
84811000 Pressure-Reducing Valves 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 5
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 Valves For
84812000 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Hydro/Pneumatic
84813000 Check Valves 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84814000 Safety/Relief Valves 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Industrial Valves(Excl Prv &
84818030 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Tcv)
Parts Of The Items Undr
84819090 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Hdg 8481
Bearing Housungs,Not
84833000 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Incorporating Bearings
Pulleys, Power
84835010 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Transmission
84835090 Others 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84836010 Flexible Coupling 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84836020 Fluid Coupling 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
84836090 Others 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
Parts Of The Items Of Hdg
84839000 2% 2% 0% 3% 3% 0% 3% 3% 3% 3% 3% 3%
8483

IIF In-plant Training Programme "Yogyata Vikas"

The Institute of Indian Foundrymen (IIF) has been continuously striving to promote skill development
in foundry sector. In one of its such key initiatives, IIF has launched the “In plant training
programme- YOGYATA VIKAS” in Aug, 2016 at Hinduja Foundries, Coimbatore.

Given below are the salient points of this training programme:-

• In plant (door-step) training for foundry workmen conducted in 8 Indian languages (English, Tamil,
Telugu, Bengali, Hindi, Marathi, Gujarati, Kannada).
• Training will be conducted at the Foundries
• Training dates are flexible at the convenience of Foundries.
• Trainers are experts from Foundry industry and fluent in respective native languages
• 10 Modules are prepared from Basic topics and even slides are translated in 7 Indian languages
• For IIF Members, Training Fee is Rs 10,000/- per day plus service tax. (Rs 11,500/- inclusive of
service tax) & for Non-Members, Training Fee is Rs 15,000/- per day plus service tax. (Rs 17,250/-
inclusive of service tax)
• Expenses towards trainer’s 2nd class A/C train/air travel fare (for outstation trainer), local
conveyance, boarding & lodging will be borne by the foundry.
• Facilities and arrangements required for training to be provided by the foundry.
• Batch size of workmen per programme - 25 Max.

Training modules available for In-Plant Training are given below:-

1. Basic Metallurgy of Grey & SG Iron
2. Basic Metallurgy of Steel Castings
3. Casting Defects in Grey Iron, SG Iron and their Remedies
4. Casting Defects in Steel Castings and their Remedies
5. No-bake Resin, CO2 Sand System and Coatings
6. Melting Grey Iron, SG Iron & Steel in Cupola and Induction Furnace
7. Sand Quality & Testing
8. Cupola and its Operation
9. Mould-making Processes
10. Pattern-making and Methoding of Castings
Foundries are encouraged to come forward and take maximum advantage of this initiative
of IIF.

Please feel free to contact Mr. Basant Kumar, Asst. Director, IIF Mob No. +91 8377923104 for any
clarifications.

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 6
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 Approx Major Raw Material "We (Tamil Nadu) have immense human capital
equipped with excellent skills here," he said at a
Prices CII conference.
Price Price
"Tamil Nadu is a pioneer in technology space
25.09.2016 02.10.2016
and it is in line with Centre's Digital India
ITEMS Rs./Kg (Incl. Rs./Kg (Incl.
initiative", the Minister added.
Excise) Excise)
Pig Iron 30.0 30.9
He further said the state government is open to
Melting Steel Scrap 22.5 24.2 extend its support to companies and
considering government-owned lands that can
CRCA Scrap 26.9 27.0 be used for this purpose.
Copper Ingot 374 375
"We have identified 48 acre of land in
Aluminum Ingot 137 140 Pattabiram in this regard. We will continue to
focus on public private partnership model in
new areas," he said.
News Headlines
Finance ministry tighten grip over 3
• Scrap price weakens further; Indian prices exports schemes
remain stable
• Italian scrap seen weakening The finance ministry is set to get greater
• October scrap-plunge threat looms, dealers control over at least three schemes to promote
debate holding exports under another measure to improve the
• Global Scrap Prices weaken, but demand ease of doing business and hassle-free trade.
may strengthen The three measures are advanced authorisation
• Brazil pig iron export prices down $10 on scheme, export promotion capital goods
falling US scrap scheme and deemed exports schemes,
• US FeMn: Prices fall amid lower steel output accounting for almost Rs 35,000 crore in
• Chinese magnesium ingot export market government incentives. While the commerce
sees few deals ministry will keep the policy-making powers for
• Chinese ferromanganese price increases the schemes, it has proposed that their
• Chinese ferromolybdenum price declines implementation be shifted to revenue
further department of the finance ministry.
• ISRI Roundtable reviews tough ferrous
scrap market conditions in the US Under the current system, traders approach the
Directorate General of Foreign Trade (DGFT) for
In the News licenses for the schemes and also have to
register with the customs department, leading
TN keen to bridge gap between tech and to duplication of effort and hassles. “The idea is
auto component industry that policy-making will remain with us and
implementation be done by MoF. Discussions
Tamil Nadu has said it is keen on bridging the are on to split roles for advanced authorisation
gap between technology space and the auto- scheme, EPCG scheme and deemed exports,”
component sector as immense skill is available said a commerce ministry official. A similar
in the state. mechanism has already worked for the duty
drawback scheme, under which exporters are
"Tamil Nadu is known for its leadership in auto- compensated for customs and excise duties
component and technology space. There is a paid on inputs used to manufacture products
need for developing a bridge that can provide meant for sales overseas.
technology to auto-component sector from
Chennai, instead of depending on foreign While the Foreign Trade Policy sets the
countries," State Minister for School Education, guidelines for the payments, the revenue
Youth Welfare and Sports Development, Ma Foi department fixes the rates and refunds the
K Pandiarajan said here. exporters. Under the advance authorisation

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 7
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 scheme, exporters can import raw material and market degrew by -10.4% in the last financial
inputs without paying duty after getting a year. Already there is a sharp sentiment upturn
license from the DGFT. which is evident in the first quarter industry
growth of 14.7%. But the cash flow will start
Similarly, in the export promotion capital goods, improving after the harvest and so we expect a
or EPCG, scheme, exporters get full exemption very good festival season this year."
from paying duty when importing machinery to
manufacture goods meant for exports. Here, The tractor industry had two back-to-back years
too, DGFT is the licensing authority. of negative growth due to a severe monsoon
“Depending on how this takes shape, this can shortage. Last year's tally was 493497 units
be extended to the merchandise and service while sales declined by 13% in 2014-15.
exports from India schemes,” the official According to TMA data, 4,93,764 tractors were
added. sold in the domestic market in 2015-16
compared to 5,51,463 units in 2014-15.
The industry has called it a logical move as
customs and excise officials are aware of "This year the rainfall has been uniformly good
manufacturing units even in far-flung areas and all over the country so loan delinquency levels
hence are better equipped to issue licenses. will also come down post harvest season," he
This is a move towards simplification but added. Market leader M&M gained 2.4% market
revenue authorities will have to be more share in Q1 to command 44% of the total
proactive and sensitive to trade. tractor market, he added.

Understandably, the tractor recovery has

Indian tractor industry is gearing up for caused some cheer among tractor companies
'mid-teen' growth in FY17 although the floods in north and north-east
India are still a concern.
After two consecutive years of negative sales
growth, the tractor industry is gearing up for "We are waiting for the floods to subside and
"mid-teen" growth this fiscal. According to then we will take a call on the overall sentiment
industry sources, the tractor market is expected post monsoon," said the COO of the one of the
to clock among the highest segment growth in top tractor companies. "The sentiment may not
the automotive industry this financial year. be uniformly top gear but it is likely to be
largely positive."
Tractor marketers say the growth trot is already
visible in the first quarter which places tractors
among the top growth driven sectors in the MSME secretary urges small companies to
auto industry. focus on substituting imports

At nearly 15% clip, tractor sales growth has Substitution of imports can be a major propeller
been more than double that of passenger of growth of small and medium enterprises,
vehicles and substantially higher than other top MSME secretary K K Jalan said on Monday,
gear segments like light commercial vehicles, singling out toys manufacturing as an example.
medium and heavy commercial vehicles and
two-wheelers. The government's foremost interest in
development of micro, small and medium
With monsoon being positive almost all over the enterprises (MSMEs) is employment generation,
country, even traditionalists are now pegging and import substitution can help in creating
the fiscal figures at anywhere between 12- jobs for MSMEs, Jalan said at an industry meet
15%. in Delhi.

Rajesh Jejurikar, president & chief executive, Taking the example of toy manufacturing on
farm equipment & two wheeler division, the sidelines of the event, he said instead of
Mahindra & Mahindra and president Tractor importing toys from China, "let us manufacture
Manufacturer's Association, said, "The industry here".
has seen a sharp turnaround and should see
15% growth this fiscal. In contrast, the tractor

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 8
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 PSA Group planning to start Having taken over the reins at PSA Group in
manufacturing cars in India by 2021 2014, Tavares successfully kick started "Back in
the race" initiative and within few years
The French car maker PSA Group says it sees managed to turn around the operation. "From
great potential in India and it is working on the almost death like situation, PSA today figures
entry strategy for the country as part of its amongst the top four profitable companies in
"Push to Pass" mid-term plan. the world," said Tavares at the 2016 Paris
Motor Show.
Having decided to exit Indian market a couple
of years back the second time, PSA Group again "Today we are not defining things, but we are
started relooking at India strategy under the working on various projects including India. We
global CEO Carlos Tavares. The company is will be finalising the plan by 2018 latest and
likely to finalise its India partnership by 2018 produce the car by 2021 the latest," asserted
and is planning to start manufacturing cars in the company spokesperson on queries on India
India by 2021, according to several people in strategy.
the know of the company's plans.

Speaking on the side-lines of Paris Motor Show

International News..
Carlos Tavares, the global CEO of PSA Group
exclusively told ETAuto, "India has a great
potential and it is part of my "Push to pass" Europe’s Newest Grey and Ductile Iron
plan. Don’t be too impatient. I would be glad to Foundry to be Opened in 2017
meet you as soon as we have finalised the
strategy." On 26th July, Cranfield foundry held a ground-
breaking ceremony in Probishtip, The Republic
The Indian passenger vehicle market which saw of Macedonia, to mark the start of construction
numerous macro-economic challenges is all set of a modern foundry. It is forecasted that the
to cross the milestone of 3 million annual car production will begin in 2017.
sales for the first time in 1st quarter and
forecasting experts anticipate the market to In the presence of Macedonia’s prime minister,
double to almost 6 million by 2020. The entry deputy prime minister, minister of foreign
of PSA may coincide with Hyundai Motor's sister investments, the mayor of the city of Probishtip
company Kia Motors and Daihatsu from Toyota. and other distinguished guests, the
shareholders and the CEO of Cranfield Foundry
According to one of the several people in the laid the first cornerstone of the 8,000 m²
know of the company's plans, PSA has explored foundry.
tie-ups with Tata Motors, Mahindra & Mahindra,
Hindustan Motors and General Motors India. The project was initiated in 2014 with the first
The plan which was to be finalized by end of steps being to build a team and find quality
2015, is likely to be crystallized in the next few partners to ensure successful execution of this
months. Emmanual Delay, the India Pacific Greenfield investment. Designed for Cranfield
Operation head has already visited the country Foundry by turnkey solutions provider GEMCO-
several times and is working on various options, the new facility will be able to produce grey iron
to meet the target fixed in "push to pass" plan. castings of EN-GJL 150-350 and other related
grades, along with ductile iron castings of EN-
"The company is expected to tie-up with an GJS 350-800 and other related grades.
Indian partner on the manufacturing front,
however it will be going on its own on sales and In his speech during the ground- breaking
marketing front. Having explored deeper ceremony, Dariusz Dziuba, the CEO of Cranfield
manufacturing and platform strategy Foundry, said: “Today is a significant milestone
partnership with Tata Motors and Mahindra, towards achieving Cranfield Foundry’s aim and
PSA Group is likely to go for contract that is to service customers from high-volume
manufacturing route," said one of three people businesses in the Middle East and Europe by
in the know of the company's plans. delivering on time, competitively priced, quality
castings.”

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 9
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/
 Government Schemes Upcoming Indian Events

Scheme for 'Entrepreneurship Skill 65th IFC and IFEX

Development Programmes (ESDP) 2017
From.: 3rd to 5th
Objective: For creating self employment February, 2017
Venue: Eco Park,
opportunities and upgrading the relevant skills
Kolkata
of existing and potential entrepreneurs. URL:
http://www.ifcindia.
Courses conducted includes Heat Treatment,
Tool & Die Making, IT etc.
net
3rd International
Exhibition &
Eligibility: Individuals and MSMEs can be a Conference On Steel
part of this scheme. Selection Committees at Industry
MSME-DIs select the candidates taking into 20th - 22nd April,
considerations their qualification, past 2017
experience and suitability for the course. Mumbai Exhibition
Center, Mumbai,
Training programmes conducted by India
MSME-DIs and no fee is charged. http://www.indiasteel
expo.in/
For more information please click on the
following link
http://msme.gov.in/WriteReadData/DocumentFi
le/EDP.pdf
Upcoming International Events

Notifications/ Circulars CHINA DIECASTING

Ministry of Finance, Dept. of Revenue, CBEC 2017
Circular No. 1049/37/2016-CX From.: 19th to 21st
Dated Sep 29, 2016 July, 2017
Revised Monetary Limits for adjudication of Venue: SHANGHAI
Show Cause Notice in Central Excise and URL:
Service Tax HTTP://WWW.DIEC
http://www.cbec.gov.in/resources//htdocs- ASTEXPO.CN/EN/
cbec/excise/cx-circulars/cx-circulars-2016/circ1049-
2016cx-revised.pdf
THE 73RD WORLD
Ministry of Commerce & Industry, Dept. of FOUNDRY
Commerce, DGFT CONGRES
Trade Notice No. 18/2016 Dt. Sep 23, 2016 From.: 23rd to 27th
Clarification in respect of definition of service Sept., 2017
provider under Common Service Providers Venue: Poland
(CSP) in Export Promotion Capital Goods URL:
(EPCG) scheme. HTTP://WWW.73
http://dgft.gov.in/Exim/2000/TN/TN16/TN18116.pd WFC.COM/
f

Ministry of Commerce & Industry, Dept. of

Commerce, DGFT
Public Notice No. 32/2015-2020 Dt. Sep 22, 2016
Disclaimer: Although every care has been taken to ensure that
Merchandise Exports from India Scheme information provided is correct, The Institute of Indian
(MEIS)-Additions/amendments in Table 2 of Foundrymen will not be responsible for any error or omission
Appendix 3B and it does not necessarily represent official opinion of the
http://dgft.gov.in/Exim/2000/PN/PN16/PN3216_En Institute of Indian Foundrymen.
g.pdf

Foundry Informatics Centre, 67 Tughlakabad Institutional Area, New Delhi – 110062 Page 10
Tel: +91 11 29960601, Email: fic@indianfoundry.org, Web: http://foundryinfo-india.org/