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1

Issue No. 251

07.11.2017

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Plant Visit to M/s. Munjal Kiriu Industries Pvt. Ltd., IMT Manesar by IIF M3rd November 2017 A works visit was organised by The Institute of Indian Foundrymen- Delhi Office toKiriu Industries Pvt. Ltd, IMT Manesar which was attended by 20 Members on 3rd

Munjal Kiriu is joint venture company promoted by Hero Group, Kiriu & Sumitomo Corporation of Japan. They are leading manufacturers of ferrous auto Cast parts both machined & un-machined. The Munja Kiriu team extendewelcome to the IIF Members adetailed presentation about their Products, Manufacturing & Qualitprocesses etc. After the presentaSaravanan, President & CEO of interacted with the IIF Membershighly appreciated by the visiting M

The key learning from the visit to were the in process quality assurance & control of various parameters during production process for productivity & great emphasis on hygiene, safety, environment & health of workers. There was hardly any dust in the atmosphere as a result of mprocess.

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Munjal Kiriu Industries Members on

The Institute of Delhi Office to M/s Munjal

Manesar which rd Nov 2017.

is joint venture company promoted by Hero Group, Kiriu & Sumitomo Corporation of Japan. They are leading manufacturers of ferrous auto Cast parts both

nded a warm and made a Organization, ty Assurance

tation, Mr. K. f Munjal Kiriu

rs, which was Members.

The key learning from the visit to the plant were the in process quality assurance & control of various parameters during production process for productivity & great emphasis on hygiene, safety, environment & health of

There was hardly any dust in the atmosphere as a result of manufacturing

Mr. Shashi Kumar Japroposed the Vote of Tteam for their kind coufor facilitating the visit f Mr. Shashi Kumar Jain pMr. K. Saravanan on beh Preparatory Meeting IIF Kolhapur Chapter will be hosting WESCON 2018 which is scheduled on 152018 at Hotel Sayaji, Kolhapur. To discuss with senior foundrymen on preparations of 'WESCON- 2018 a twohave called a Special Meeting Kolhapur. Chapter Chairman Mr. Deepankar Biswas welcomed all Members & took review of the preparations of WESCON Mr. Raju Somani, Convener briefed on the overall preparations finalized during review meetings. He told that we have started the preparations of WESCONCommittees have been Later he declared the Program of 2018, which includes 8 technical papers & two Panel Discussions. He informed that we are targeting 250 delegates from Kolhapur, Sangli, Ichalkaranji & Belguam belt & based on this he briefed on the budgeteminent & senior foundrymen Foundry Industry to gsuggestions. Senior Members Mr. Rampratap Zanvar, Mr. Vijay Menon, Mr. Narendra Zanvar , Mr. Rajiv Parikh , Mr. Sanjay Karkhanis etc gave their valuable suggestions. The members also discussed on finalizingseminar after long discussion it was decided Rs. 2500/- + GST for IIF members & 3500/for Non IIF members. It is also decided that every Council member should compulsory bring minimum 2 delegates. After a long discussion the theas ‘VISION 2025 - Predict the Challenges & Cast the future’. helpful for the further preparations of WESCON2018.’

2

ain, Vice President-IIF, f Thanks to Munjal Kiriu ourtesy & hospitality and for IIF Members.

presented a memento to half of IIF.

for WESCON 2018

IIF Kolhapur Chapter will be hosting WESCON -scheduled on 15th & 16th April,

2018 at Hotel Sayaji, Kolhapur. To discuss with senior foundrymen on preparations of

2018 a two-day Seminar', chapter have called a Special Meeting at Hotel Vrishali,

Chapter Chairman Mr. Deepankar Biswas welcomed all Members & took review of the preparations of WESCON-2018.

Mr. Raju Somani, Convener briefed on the overall preparations finalized during the last 3 review meetings. He told that we have started the preparations of WESCON- 2018 &

formed.

declared the Program of - WESCON-2018, which includes 8 technical papers & two Panel Discussions. He informed that we are targeting 250 delegates from Kolhapur, Sangli, Ichalkaranji & Belguam belt & based on this he

t. He further requested eminent & senior foundrymen from Kolhapur Foundry Industry to give their valuable

Senior Members Mr. Rampratap Zanvar, Mr. Vijay Menon, Mr. Narendra Zanvar , Mr. Rajiv Parikh , Mr. Sanjay Karkhanis etc gave their valuable suggestions. The members also discussed on finalizing Delegate fee for the seminar after long discussion it was decided Rs.

+ GST for IIF members & 3500/- +GST for Non IIF members. It is also decided that every Council member should compulsory bring

After a long discussion the theme was finalised Predict the Challenges ’. The meeting was very

helpful for the further preparations of WESCON-

Tel: +91 11 29960601, Fax: +91 11 29958028


For registration please click on the web

15% Discount for IIF Company Members only

Tel: +91 11 29960601, Fax: +91 11 29958028


please click on the web-link https://goo.gl/forms/4GZJ22fcUWxxKMeo2

15% Discount for IIF Company Members only

3

https://goo.gl/forms/4GZJ22fcUWxxKMeo2

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Tel: +91 11 29960601, Fax: +91 11 29958028


4

Tel: +91 11 29960601, Fax: +91 11 29958028


Free Webinar: Ceramics--a synthetic, nonsilica alternative for metalcasting (Sponsored by Carbo Industrial Technologies) Ceramics present a viable alternative for replacing silica sand in the metalcasting industry. This presentation will provide an overview of ceramics casting media. It will describe the make-up of ceramics and the key to their performance attributes versus silica sand for metal castings. The presenter Claude Krause isdevelopment manager for Carbo Industrial Technologies. He will show how the ceramic attributes impact the casting in use performance. He will also describe various approaches underway to achieve a full conversion from silica sand to ceramics with an ultimate goal of meeting the new silica PEL regulations. Attendees will see various value points that offset purchase price deficits and cost performance advantages of the synthetic, technically engineered ceramics. Interested members can register fwebnair on 15th Nov 2017 , 10:00 AM (Central Time in USA & Canadaregister on following weblink https://zoom.us/webinar/register/WN_5cHcdinXSeaRyG_7spg3mQ

News Headlines..

• Indian Brass, Copper Scrap prices steadamid firm Dollar

• Indian Aluminium Scrap prices hold steady• Indian Nickel Scrap prices drop• Indian Pig iron price goes down• Indian Copper Scrap prices down; Nickel

Scrap prices steady • European ferroniobium price remains

stable • Brazilian export pig iron prices hold as

market stalls • Brazilian export pig iron prices hold as

market stalls • Chinese ferrosilicon price stable• Chinese ferromolybdenum market in

stalemate

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a synthetic, non-silica alternative for metalcasting (Sponsored by Carbo Industrial

Ceramics present a viable alternative for in the metalcasting

industry. This presentation will provide an overview of ceramics casting media. It will

up of ceramics and the key to their performance attributes versus silica

The presenter Claude Krause is marketing development manager for Carbo Industrial Technologies. He will show how the ceramic attributes impact the casting in use

He will also describe various approaches underway to achieve a full conversion from

h an ultimate goal of meeting the new silica PEL regulations. Attendees will see various value points that offset purchase price deficits and cost performance advantages of the synthetic,

Interested members can register for Free webnair on 15th Nov 2017 , 10:00 AM Central Time in USA & Canada ) ,you can

https://zoom.us/webinar/register/WN_5cHcdinXSeaRyG_7spg3mQ

Indian Brass, Copper Scrap prices steady

Indian Aluminium Scrap prices hold steady Indian Nickel Scrap prices drop Indian Pig iron price goes down Indian Copper Scrap prices down; Nickel

European ferroniobium price remains

ices hold as

Brazilian export pig iron prices hold as

Chinese ferrosilicon price stable Chinese ferromolybdenum market in

Approx Major Raw Material Prices

In the News..

PM hints at more relief for traders, businesses to improve GST compliance The implementation of goods and services tax (GST) will give further improve India's ranking in the World Bank's ease of doing business index next year when the impact of the biggest tax reform will be taken into account, Prime Minister Narendra Modi said on SatIndia's ranking took a quantum leap to 100 from 130 last year in the latest Doing Business report. Assuring traders that all their problems with respect to GST are being addressed, Modi added further improvements will be considered in the indirect tax regime for the benefit of the economy. "With GST we are moving towards a modern tax regime that is transparent, stable and predictable. This report has not taken into account the implementation of GST...Our efforts have gained momentum and it will be improve our ranking further," said Modi in a joint address with the World Bank CEO Kristalina Georgieva and Minister of Commerce and Industry Suresh Prabhu on ease of doing business. The prime minister added that a group of ministers has positiissues raised by traders and businesses and the GST Council at its next meeting on November 9-10 will make necessary changes.

ITEMS

27

Pig Iron (Mumbai)

Melting Steel Scrap

CRCA Scrap

Copper Ingot

Aluminum Ingot

5

Approx Major Raw Material Prices

PM hints at more relief for traders, businesses to improve GST compliance

plementation of goods and services tax (GST) will give further improve India's ranking in the World Bank's ease of doing business index next year when the impact of the biggest tax reform will be taken into account, Prime Minister Narendra Modi said on Saturday. India's ranking took a quantum leap to 100 from 130 last year in the latest Doing Business

Assuring traders that all their problems with respect to GST are being addressed, Modi added further improvements will be considered

tax regime for the benefit of the

"With GST we are moving towards a modern tax regime that is transparent, stable and predictable. This report has not taken into account the implementation of GST...Our efforts have gained momentum and it will be easier to improve our ranking further," said Modi in a joint address with the World Bank CEO Kristalina Georgieva and Minister of Commerce and Industry Suresh Prabhu on ease of doing

The prime minister added that a group of ministers has positively accepted issues raised by traders and businesses and the GST Council at its next meeting on November

10 will make necessary changes.

Price 27.10.2017

Rs./Kg (Basic

Price Excl GST)

Price 03.11.2017

Rs./Kg (Basic

Price Excl GST)

32.0 32.2

27.0 27.0

27.8 27.8

405 421

156 156

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The GST Council had constituted a group of ministers led by Assam finance minister Himanta Biswa Sarma to ease compburden for assessees and make the composition scheme more attractive. The other members of the panel are Bihar Deputy Chief Minister Sushil Modi, Jammu & Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal, and ChhattMinister of Commercial Taxes Amar Agrawal. The ministerial committee has suggested an overhaul of the composition scheme in the form of reducing rates, hiking the eligibility threshold to Rs 1.5 crore, from Rs 1 crore, and allowing interstate supply. “We will implement the necessary changes in the GST Council meeting on November 10,” he said. The Prime Minister said that the government has abolished 1,200 archaic laws that complicated ease of doing business in India. “Thousands of reforms have been carried out by the states as well,” he said. He added that the government has undertaken many more reforms that have a gestation period and will be stabilized with time. Modi said that the government will keep working to make India an easier place to do business. Listing out the reforms initiated by his government, he said that tax filing, registrof new business and getting electricity connection have been made easier. “We are among the most open economies of the world,” Modi said. Ease of doing biz: India will be in Top 5in 2 yrs, says Amitabh Kant Niti Aayog CEO Amitabh Kant has expressed hope that India would be among the top 50 nations in the global ease of doing business ranking within two years due to the reforms being carried out by the Modi government.India jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution. "In the next two year's time India will definitely be in top 50 and in three years we should really

Tel: +91 11 29960601, Fax: +91 11 29958028


The GST Council had constituted a group of ministers led by Assam finance minister Himanta Biswa Sarma to ease compliance burden for assessees and make the composition scheme more attractive. The other members of the panel are Bihar Deputy Chief Minister Sushil Modi, Jammu & Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal, and Chhattisgarh Minister of Commercial Taxes Amar Agrawal.

The ministerial committee has suggested an overhaul of the composition scheme in the form of reducing rates, hiking the eligibility threshold to Rs 1.5 crore, from Rs 1 crore, and allowing

“We will implement the necessary changes in the GST Council meeting on November 10,” he

The Prime Minister said that the government has abolished 1,200 archaic laws that complicated ease of doing business in India. “Thousands of reforms have been carried

He added that the government has undertaken re reforms that have a gestation

period and will be stabilized with time.

Modi said that the government will keep working to make India an easier place to do business. Listing out the reforms initiated by his government, he said that tax filing, registration of new business and getting electricity connection have been made easier. “We are among the most open economies of the world,”

Ease of doing biz: India will be in Top 50

Niti Aayog CEO Amitabh Kant has expressed e among the top 50

nations in the global ease of doing business ranking within two years due to the reforms being carried out by the Modi government. India jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking,

ew of reforms in taxation, licensing, investor protection and bankruptcy

"In the next two year's time India will definitely be in top 50 and in three years we should really

target India to be in top 20 abecause of the reforms that have been carried out since three years," Kant said in an interview to CNN-News18. The World Bank Group's Doing Business 2018 report released on October 31 looks at over 190 countries of the world. GSTN eases process for exporters to claim refunds under Form GSTR1 GST Network on Sunday said it has introduced a utility Table 6A in Foto claim refunds. An exporter can claim refund of Integrated GST tax paid at the time of export by filling the details of shipping bill and tax paid GST invoice in his Form GSTR1 in the relevant month."Table 6A of Form GSTR1 has on the GST portal," GSTN said in a statement. The shipping bill filed by an exporter with customs authorities is considered to be an application for refund of integrated tax paid on the goods exported out of India.FormGSTR1 enables taxpayers to file export related data for the tax period so that refund of that tax- period may be processed on the basis of declaration made under Form GSTR 3B and Table 6A of GSTR 1. Since for the months of August, September and October a number of taxpayers have filed return GSTR- 3B but as the dates for filing ofGSTR-1 for August onwards have not yet been notified and GSTR1 has not been filed, therefore to enable exporters to file fothis functionality has been made available, the GSTN said. Exporters can save and upload their export data which are part of GSTRdetails in table 6A. The table will be then extracted separately and after exporters digitally sign it, it would automatically go to the customs department. The customs department will then validate the information provided in the table with the shipping bill data and also the taxes paid in GSTR-3B.

6

target India to be in top 20 and this is doable because of the reforms that have been carried out since three years," Kant said in an interview

The World Bank Group's Doing Business 2018 report released on October 31 looks at over 190

GSTN eases process for exporters to claim refunds under Form GSTR1

GST Network on Sunday said it has introduced a utility Table 6A in Form GSTR1 for exporters

An exporter can claim refund of Integrated GST tax paid at the time of export by filling the details of shipping bill and tax paid GST invoice in his Form GSTR1 in the relevant month. "Table 6A of Form GSTR1 has been introduced on the GST portal," GSTN said in a statement.

The shipping bill filed by an exporter with customs authorities is considered to be an application for refund of integrated tax paid on the goods exported out of India. Table 6A of

nables taxpayers to file export related data for the tax period so that refund of

period may be processed on the basis of declaration made under Form GSTR 3B and

Since for the months of August, September and October a number of taxpayers have filed

3B but as the dates for filing 1 for August onwards have not yet

been notified and GSTR1 has not been filed, therefore to enable exporters to file for refund, this functionality has been made available, the

Exporters can save and upload their export data which are part of GSTR-1 after filling up export

The table will be then extracted separately and after exporters

itally sign it, it would automatically go to the

The customs department will then validate the information provided in the table with the shipping bill data and also the taxes paid in

Tel: +91 11 29960601, Fax: +91 11 29958028


The refund amount would be either crediteexporters bank account through ECS or a cheque would be issued. "Every registered taxable person who has made exports on payment of IGST, other than an input service distributor or compounding taxpayer or TDS deductor or TCS collector can file Table 6A of Form GSTR1 electronically on the GST Portal" GSTN CEO Prakash Kumar said. The table can be filed from the returns section of the GST Portal. Auto sector to drive continuing aluminium demand – Novelis Reuters quoted leading producer Novelis as saying that global demand for rolled aluminium products is expected to remain strong in next year thanks largely to the automotive sector. The trend towards electric cars is also likely to increase the aluminium content of vehicles as carmakers seek to maximise battery range, said Mr Emilio Braghi, senior vice president and Europe president at Novelis, the world's largest maker of rolled aluminium products. Mr Braghi said in an LME Week interview "We expect our auto shipments to continue to grow as customer demand remains strong and current demand outstrips supply. In total our automotive sheet shipments were up 16 percent in the first quarter of our fiscal year 2018." He said that "Sales of new vehicle models containing Novelis aluminium, including the Ford F-150 pick-up truck, have been very strong. In North America, production of the new 2017 Ford Super Duty series of trucks was ramped up successfully." United States-based Novelis delivered 785,000 tonnes of rolled products worldwide in its financial first quarter, up 4 percent year on year, including the 16 percent rise in automotive deliveries. In Europe, it has production and recycling operations in Germany, Italy, Britain, France and Switzerland.

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The refund amount would be either credited to exporters bank account through ECS or a

"Every registered taxable person who has made exports on payment of IGST, other than an input service distributor or compounding taxpayer or TDS deductor or TCS collector can

6A of Form GSTR1 electronically on the GST Portal" GSTN CEO Prakash Kumar said.

The table can be filed from the returns section

Auto sector to drive continuing aluminium

Reuters quoted leading producer Novelis as saying that global demand for rolled aluminium products is expected to remain strong in next year thanks largely to the automotive sector. The trend towards electric cars is also likely to

ontent of vehicles as carmakers seek to maximise battery range, said Mr Emilio Braghi, senior vice president and Europe president at Novelis, the world's largest maker of rolled aluminium products.

Mr Braghi said in an LME Week interview "We to shipments to continue to grow

as customer demand remains strong and current demand outstrips supply. In total our automotive sheet shipments were up 16 percent in the first quarter of our fiscal year

He said that "Sales of new vehicle models taining Novelis aluminium, including the

up truck, have been very strong. In North America, production of the new 2017 Ford Super Duty series of trucks was

based Novelis delivered 785,000 lled products worldwide in its

financial first quarter, up 4 percent year on year, including the 16 percent rise in

In Europe, it has production and recycling operations in Germany, Italy, Britain, France

In 2014 Novelis opened a $258 million aluminium recycling plant in Germany to produce an annual 400,000 tonnes of aluminium from scrap. In 2015 an additional production line was opened in Germany, producing up to 240,000 tonnes of aluminium sheet a year for the aut Mr Braghi said that "Our additional capacity in Germany is poised to meet increasing demand from Jaguar Land Rover following the rapid growth in sales of new aluminiumvehicles, including the new Fvehicle. In China, increasing local demand for customers like Chery JLR and FAWdrive shipment growth over the next several quarters out of our facility in Changzhou." Novelis, a unit of India's Hindalco Industries, expects electro-mobility to create more demand. CV sales to grow 6-7% in FY18 on backpent-up demand after GST: ICRA Domestic commercial vehicle (CV) sales are expected to grow by around 7 per cent in the current financial year on the back of pentdemand post GST and replacement cycle in CVs driving the sales, as per rating agency ICRA. The CV sales remained in the sJuly during the first quarter due to various reasons including pre-buying in fourth quarter of the last financial year and fleet operators deferring new vehicle purchases in view of incoming GST regulation from July 2017. As a result of these factors, the domestic CV sales contracted by 9.1 per cent during the first quarter with M&HCV (Truck) sales being impacted the most. "The industry will find its momentum back aided by increased thrust on infrastructure and rural sectors in the recebudget, potential implementation of fleet modernisation and higher demand from consumption-driven sectors," ICRA Senior Group Vice-President Corporate Sector ratings Subrata Ray said. There has also been considerable improvement in cargo managed by Raiperiod, he added. "Given these considerations, ICRA expects the domestic CV industry to

7

ovelis opened a $258 million aluminium recycling plant in Germany to produce an annual 400,000 tonnes of aluminium from scrap. In 2015 an additional production line was opened in Germany, producing up to 240,000 tonnes of aluminium sheet a year for the automotive industry.

Mr Braghi said that "Our additional capacity in Germany is poised to meet increasing demand from Jaguar Land Rover following the rapid growth in sales of new aluminium-intensive vehicles, including the new F-PACE sports utility

In China, increasing local demand for customers like Chery JLR and FAW-VW will drive shipment growth over the next several quarters out of our facility in Changzhou."

Novelis, a unit of India's Hindalco Industries, mobility to create more

7% in FY18 on back of up demand after GST: ICRA

Domestic commercial vehicle (CV) sales are expected to grow by around 7 per cent in the current financial year on the back of pent-up demand post GST and replacement cycle in CVs driving the sales, as per rating agency ICRA.

The CV sales remained in the slow lane prior to July during the first quarter due to various

buying in fourth quarter of the last financial year and fleet operators deferring new vehicle purchases in view of incoming GST regulation from July 2017.

these factors, the domestic CV sales contracted by 9.1 per cent during the first quarter with M&HCV (Truck) sales being

"The industry will find its momentum back aided by increased thrust on infrastructure and rural sectors in the recent budget, potential implementation of fleet modernisation and higher demand from

driven sectors," ICRA Senior President Corporate Sector ratings

There has also been considerable improvement in cargo managed by Railways during the same

"Given these considerations, ICRA expects the domestic CV industry to

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register a growth of 6-7 per cent in FY 2018," Ray said. Within the CV industry, the M&HCV (Truck) segment is likely to register a growth of 2cent during the current financial year aided by pent-up demand post GST, higher budgetary allocation towards infrastructure and rural sectors. The segment would also benefit from stricter implementation of regulatory norms especially related to vehicle length (for certain applications) and overloading norms, Ray said. ICRA also expects LCV (Trucks) segment to grow 14-16 per cent in the current financial year, he added. The ratings agency also expects accordingly, a 10-12 per cent drop in bus sales during the current fiscal as compared to the previous year. VE Commercial Vehicles posts 15% growth by selling 5,228 units in October 2017 VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, sold 5,228 units in October 2017, compared to 4,560 units in October 2016, recording a growth of 14.6 per cent. This includes 5,166 units of Eicher brand and 62 units of Volvo brand. Eicher branded trucks and buses have recorded a total sale of 5,166 units in October 2017 (YTD 31,438 units), compared to 4,449 units in October 2016 (LYTD 33512 units), recording a growth of 16.1 per cent. In the domestic CV market, Eicher branded trucks and buses have recorded sales of 4,463 units (YTD 26,992 units) in October 2017, compared to 3,854 units in October 2016 (LYTD 28,718 units) representing a growth of 15.8 per cent. On the exports front, Eicher branded trucks & buses have recorded a total sale of 703 units in October 2017 (YTD 4446 units), compared to 595 units in October 2016 (LYTD 4794 units), representing a growth of 18.2 per cent. Volvo Trucks has recorded sales of 62 units in October 2017 (YTD 3.86 units), compared to 111 units in October 2016 (LYTD 527 units).

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7 per cent in FY 2018,"

Within the CV industry, the M&HCV (Truck) segment is likely to register a growth of 2-4 per cent during the current financial year aided by

up demand post GST, higher budgetary allocation towards infrastructure and rural

The segment would also benefit from stricter implementation of regulatory norms

le length (for certain applications) and overloading norms, Ray said.

ICRA also expects LCV (Trucks) segment to 16 per cent in the current financial

The ratings agency also 12 per cent drop in

uring the current fiscal as compared

VE Commercial Vehicles posts 15% growth by selling 5,228 units in October

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, sold 5,228 units in October 2017, compared to 4,560 units in October 2016, recording a growth of 14.6 per cent. This includes 5,166 units of Eicher brand

Eicher branded trucks and buses have recorded a total sale of 5,166 units in October 2017 (YTD 31,438 units), compared to 4,449 units in October 2016 (LYTD 33512 units), recording a

In the domestic CV market, Eicher branded trucks and buses have recorded sales of 4,463 units (YTD 26,992 units) in October 2017, compared to 3,854 units in October 2016 (LYTD 28,718 units) representing a growth of 15.8 per

her branded trucks & buses have recorded a total sale of 703 units in October 2017 (YTD 4446 units), compared to 595 units in October 2016 (LYTD 4794 units), representing a growth of 18.2 per cent.

Volvo Trucks has recorded sales of 62 units in 17 (YTD 3.86 units), compared to

111 units in October 2016 (LYTD 527 units).

International News..

World’s Largest Titanium Additive Manufacturing Facility Opens Norsk Titanium, an FAAaerospace-grade, additive manufactured, structural titanium components, held a dedication ceremony yesterday of its Plattsburgh Development and Qualification Center (PDQC) in Plattsburgh, New York. The facility houses nine rapid plasma deposition (RPD) titanium printers that will produce aerospace components for Boeing and other aerospace producers. "Norsk could have chosen anywhere in the nation to set up their firstmanufacturing operations, but they chose Plattsburgh thanks to our economic development strategy and our proclimate," New York Governor Andrew Cuomo said. "This partnership will help grow the booming transportation and aeronautics industrhundreds of good jobs and support economic growth in the North Country." Earlier this year, Norsk announced its first production order from Boeing for the manufacture of 3D-printed structural titanium components for the 787 Dreamliner. Norsk’s proprietary rapid plasma deposition (RPD) process uses titanium wire with plasma torches to print titanium structural components on an industrial scale. RPD can be used to produce large structural parts weighing over 100 lbs. The company states thafaster than powder-based systems, and uses 25-50 percent less titanium than incumbent forging processes. According to Norsk Titanium, the choice to locate the company’s first U.S. facility in the Plattsburgh region was due to its exctransportation infrastructure, skilled and capable labor force and proximity to the large aerospace supply-chain community.

8

nternational News..

World’s Largest Titanium Additive Manufacturing Facility Opens in New York

Norsk Titanium, an FAA-approved supplier of grade, additive manufactured,

structural titanium components, held a dedication ceremony yesterday of its Plattsburgh Development and Qualification

in Plattsburgh, New York.

The facility houses nine rapid plasma deposition (RPD) titanium printers that will produce aerospace components for Boeing and other

"Norsk could have chosen anywhere in the nation to set up their first-in-the-world manufacturing operations, but they chose Plattsburgh thanks to our economic development strategy and our pro-business climate," New York Governor Andrew Cuomo

"This partnership will help grow the booming transportation and aeronautics industry, create hundreds of good jobs and support economic growth in the North Country."

Earlier this year, Norsk announced its first production order from Boeing for the

printed structural titanium components for the 787 Dreamliner.

Norsk’s proprietary rapid plasma deposition (RPD) process uses titanium wire with plasma torches to print titanium structural components on an industrial scale. RPD can be used to produce large structural parts weighing over

The company states that RPD is 50-100 times based systems, and uses

50 percent less titanium than incumbent

According to Norsk Titanium, the choice to locate the company’s first U.S. facility in the Plattsburgh region was due to its excellent transportation infrastructure, skilled and capable labor force and proximity to the large

chain community.

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Government Schemes

Scheme for enabling Manufacturing Sector to be competitive through Quality Management Standards &Technology Tools (QMS/QTT) OBJECTIVE The main objective of the scheme is to sensitize and encourage MSEs to adopt latest QMS and QTT and to keep a watch on sectoral developments by undertaking the stated activities. This component of the scheme of National Manufacturing Competitiveness Programme (NMCP) envisages Micro & Small Enterprises to understand and adopt the latest Quality Management Standards (QMS) and Quality Technology Tools (QTTs) so as to become more competitive and produce better quality products at competitive prices. The adoption of these tools will enable MSEs to achieve: (i) Efficient use of resources. (ii) Improvement in product quality.(iii) Reduction in rejection and recourse of manufacturing. (iv) Reduction in building up inventory at the various stages in the form of raw materials,work-in-progress, finished components, finished products, etc. This will also enable the MSEs to enter into or strengthen their position in the export market. For more details, please visit the following weblink http://www.dcmsme.gov.in/schemes/QMSQTT10.pdf

Notifications/ Circulars

Ministry of Finance, Dept. of Revenue, CBEC Circular 15/2017-GST,dt. 06-11-2017Due date for generation of FORM GSTRFORM GSTR-1A in accordance with the extension of due date for filing FORM GSTRand FORM GSTR-2 respectively http://www.cbec.gov.in/resources//htdocs

cbec/gst/circularno-15-gst.pdf

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Scheme for enabling Manufacturing Sector to be competitive through Quality

& Quality

The main objective of the scheme is to sensitize and encourage MSEs to adopt latest QMS and QTT and to keep a watch on sectoral developments by undertaking the stated

of the scheme of National Manufacturing Competitiveness Programme

envisages Micro & Small Enterprises to understand and adopt the latest Quality

Standards (QMS) and Quality Technology Tools (QTTs) so as to become more

uce better quality products at competitive prices. The adoption of these

(ii) Improvement in product quality. (iii) Reduction in rejection and re-work in the

Reduction in building up inventory at the various stages in the form of raw materials,

progress, finished components, finished

This will also enable the MSEs to enter into or strengthen their position in the export market.

details, please visit the following web-

http://www.dcmsme.gov.in/schemes/QMSQTT10.pdf

2017 Due date for generation of FORM GSTR-2A and

1A in accordance with the extension of due date for filing FORM GSTR-1

http://www.cbec.gov.in/resources//htdocs-

Ministry of Finance, Dept. of Revenue, CBECCircular 14/2017-GST,dt. Procedure regarding procurement of supplies of goods from DTA by (EOU)/(EHTP Unit /STP Unit/BTP Unit http://www.cbec.gov.in/resources//htd

cbec/gst/circularno-14-gst.pdf

Ministry of Finance, Dept. of Revenue, CBECNotification No. 10302.11.2017 - Exchange Rateshttp://www.cbec.gov.in/resources//htdocs

cbec/customs/cs-act/notifications/notfns

2017/cs-nt2017/csnt103

Upcoming Indian

Upcoming International Events

Disclaimer: Although every care has been taken to ensure that

information provided is correct, The Institute of Indian

Foundrymen will not be responsible for any error or omission

and it does not necessarily represent official opinion of the

Institute of Indian Foundrymen

9

, CBEC

,dt. 06-11-2017 Procedure regarding procurement of supplies of goods from DTA by (EOU)/(EHTP Unit /STP

http://www.cbec.gov.in/resources//htdocs-

gst.pdf

, CBEC 34/2017 – Customs,

Exchange Rates www.cbec.gov.in/resources//htdocs-

act/notifications/notfns-

nt2017/csnt103-2017.pdf

Upcoming Indian Events

Upcoming International Events

er: Although every care has been taken to ensure that

information provided is correct, The Institute of Indian

responsible for any error or omission

and it does not necessarily represent official opinion of the

INDOMETAL From: 17 - 19 OCT

2018 | JI EXPO |

JAKARTA

http://www.indometa

l.net/

THE 73RD WORLD

FOUNDRY CONGRESS

From.: 23rd

to 28th

September, 2018

Venue: Poland HTTP://WWW.73WFC.COM/

ALUCAST-2018

06 - 08 Dec., 2018

Delhi/ NCR, India

http://www.alucast2016http://www.alucast2016http://www.alucast2016http://www.alucast2016

.com/.com/.com/.com/

66th

Indian Foundry

Congress

10-12 January 2018

Gandhinagar, Gujarat

http://www.ifcindia.net/

bulletin supported by:-pvt. ltd., imt manesar by iif m 3rd november 2017 a works visit was organised...

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