The Forging And Auto Component Industries “Anticipate Festive Cheer”; ‘Demand For EV’ Continues To Be The Major Challenge

·         As semi-conductor supply continues to ease, auto industry has grown by 21.2% in September 2022 

·         The increase in steel, aluminium, and nickel prices have hammered the Forging Industry in India this year  

·         EVs could have disruptive implications on the forging and auto component industry 

The high raw material prices continue to be a challenge 

The Indian forging and component industry is cheered with the festive season this year as auto sales rebound after a two-year slump. The Indian auto industry experienced strong sentiment across segments in September 2022, with an overall YoY growth of 21.2%. Even on quarterly basis, the industry rose by 18.3% YoY, closing Q2 FY22 with retails of 6,052,628 units, up from 5,115,112 units at the same time last year. Sales in all categories increased significantly with 2W, 3W, CV, PV and tractors growing by 52%, 115%, 48%, 70% and 58% respectively.The domestic passenger vehicle industry recorded its best-ever monthly sales performance in September due to strong festive demand which is a result of improved semiconductor supply and favourable production conditions. 

The auto industry witnessed significant growth in sales last month; 3,54,702 units were sold in September 2022 compared to 1,87,144 in the same month the previous year with an increase of 89.5%. Leading manufacturers like Maruti Suzuki, Hyundai, and Tata Motors were able to boost their dispatches to dealers last month due to improved production with the easing of chip shortage situation.Thus, the overall Auto- Components and forging industry have seen an improvement in their order books. 

Association of Indian Forging Industry (AIFI), the apex body of the Indian forging industry is pleased with the festive spirit but has raised concern over high costs for steel, aluminium, and nickel since steel price volatility has impacted the sector. As a result, rising production costs are having a negative impact on the forging industry. 

Mr. Vikas Bajaj, President, AIFI (Association of Indian Forging Industry) said, “The auto industry achieved the 10-lakh sales mark between July and September 2022. This is encouraging news for the Indian Forging Industry, as we primarily serve the Indian Automotive Industry, which accounts for 70-80% of forging production. Sales were hampered last year as a result of a global shortage of semiconductors. The auto sector has grown this year as chip shortages have eased. However, increased commodity prices, high interest rates, inflation, and high CNG expenses, as well as the Russia-Ukraine crisis, are cause for concern and may have an impact on the market in the coming quarters. Furthermore, the volatility of steel prices has harmed the Indian forging industry this year. While steel prices were unavoidable due to global trends, a more prudent and balanced approach would have been preferable for the business. We will need to monitor how the economy performs generally, as well as how inflation and interest rates move in the future”. 

Mr. Yash Jinendra Munot, Vice President, AIFI said, “A prosperous festive season is expected, and we are optimistic. We anticipate that this year's festive season will be the best in terms of vehicle sales. However, the electric vehicle sector remains a big concern for the forging and auto component industries since demand for moving parts used in vehicles will decrease significantly, resulting in considerable unutilized forging capacity. In the coming years, we estimate that EVs will eliminate 60% of the forging and casting industries, leading to job losses and business closures. It will take at least a decade in India to entirely shift to EV's. However, the forging industry must consider alternate options such as aluminum forging and expand into non-automotive sectors such as infrastructure, defense, healthcare and railways where the current government is also investing heavily. As an association we would be delighted if the government encouraged hybrid vehicles over electric vehicles (EV)”.  

The Impact of Electric Vehicles on the Forging Industry: The global electric vehicle (EV) market is expanding rapidly. The Indian EV market is also continually growing, with close to 0.32 million vehicles sold in 2021, marking a 168% increase YoY. The Indian automobile industry is the fifth largest in the world and is anticipated to become the third largest by 2030. The EV push in India will creates a slew of new business opportunities. As the industry is rapidly shifting towards EVs, the government is focusing more on safety regulations that will provide more stability, quality, and efficiency.  

The forging industry in India comprises 85% of the MSME sector. Over 3 lakh people are employed directly in the industry, with an equal number employed indirectly. Indian forging industry is the second largest in the world, next only to China. The forging sector has been identified by EEPC as one of the key sectors for export growth. The Indian Forging Industry has always been a growth driver of the Indian manufacturing sector and it is one of the important industries enabling and sustaining the success of the country's automotive, power, and general engineering sectors. The industry has been meeting the requirements of OFM’s under the Ministry of Defense by being a significant contributor to the ‘Make in India’ initiative. 

With an annual output of about 20 Lakh Metric Ton (FY 20-21 Approx.), the Indian forging industry has about close to 400 forging units, of which 80 to 82 % can broadly be categorized as Tiny and Small Enterprises. While 10 % are Medium Sized, the remaining being Large Scale.  

While SMEs contribute 30% of forging production, the Medium and Large-Scale units contribute 70 %. With a total production worth INR 45000-50000 crore the forging industry provides direct employment to more than 300,000 people in the country along with an additional 60000 contract labourers.  

ABOUT AIFI:  

Association of Indian Forging Industry (AIFI) is the apex body of the Indian Forging Industry. At present, it consists of over 200 members, who command a large market share of the total production of the Indian forging industry. The role of AIFI is to promote and develop the Indian Forging Industry to meet the demands and expectations of forging customers and end-users, both domestic and global) by improving the business environment for its members and contribute in increasing their competitiveness through mutual co-operation and understanding of all parties concerned and constant updating of information and technology. 

CGI Offers Scholarships For Exceptional Girl Tech Students At IIITB

CGI has partnered with the International Institute of Information Technology Bangalore (IIITB) to provide scholarships for top-performing girl students. The scholarship aims to support girl students exploring careers in technology, an area where women are underrepresented.

The scholarship will support 20 girl students pursuing an integrated programme, which includes both graduate and post-graduate programmes, at the institute. As part of the scholarship, CGI will fully fund their tuition fee for the first semester.

The students will be selected based on their ranks in one of India’s most competitive college entrance exams, conducted by a government agency.

CGI will also provide knowledge-sharing seminars and career-mentoring sessions to the recipients, empowering them to be future technology leaders.

“At CGI, we are committed to build a culture of diversity, equity and inclusion, not just in our workplaces but also in the communities where we work and live. This initiative is in line with our goal to inspire people in their careers and to encourage them to work in technology,” said George Mattackal, President of CGI’s Asia Pacific Global Delivery Centers of Excellence. “Through this impactful collaboration with IIIT-B, we are honoured to support and empower young talent.”

“We are delighted to have CGI as a valued scholarship partner,” said Professor Debabrata Das, Director, IIIT Bangalore. “These scholarships are a great way to support our talented girl students and strengthen our diverse and inclusive culture at the institute.”

Through several educational initiatives and partnerships with institutions, CGI in India actively works to drive education in Science, Technology, Engineering and Mathematics (STEM), digital literacy and inclusion programs.

CGI employs 18,000 consultants across major cities in India and provides global delivery support to clients around the globe, ensuring close collaboration, accountability, flexibility, superior service and, most importantly, expected business results.

About CGI:

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 88,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Infiniti Mall Celebrates The Spirit of Diwali With Togetherness And Enthusiasm

Mumbai’s premier shopping, food & entertainment destination - Infiniti Mall had recently organised Fun Otsav, a diwali celebration that brings people together to enjoy the festivities. During the auspicious season of Diwali, Infiniti Mall had conducted fun activities and workshops for all their patrons reviving the community spirit after two years of hiatus. The celebrations kick started from the Diwali weekend till the subsequent weekend, 21st - 30th October, 2022. 

Commencing the festive celebration with a Shubh-Labh making workshop, followed by Paper plate rangoli workshop, Diwali greeting card making and many more including Diwali painting workshop for kids, the visitors at Infiniti Mall thoroughly enjoyed the creative sessions. Adding to the entertainment factor, multiple dance performances from different parts of the country were organised to make the celebrations more memorable and grand. The customers witnessed Chhau dance from Odisha, Ghumar from Rajasthan, Bihu from Assam as well as Bharatanatyam from Tamil Nadu to name a few.  

The mall was decorated with beautiful lights and decor. The captivating dances that were held at the mall attracted more crowd and cheer. Visitors could partake in flavourful food and the experience was further enhanced by the free games organised by the mall. 

The Beast: The BMW X6 ‘50 Jahre M Edition’ Launched In India

* Expressive and dominant from every angle: Head-turning looks of a coupe accentuated by the special 50 Jahre M Emblem & distinctive BMW ‘Iconic Glow’ kidney grille in high gloss black.

* Powerful six-cylinder in-line petrol engine with BMW TwinPower Turbo technology and eight-speed steptronic transmission.

* Premium interiors with crafted clarity glass application, Harman Kardon Surround Sound and 4-zone Air Conditioning.

* Adaptive M Suspension for best-in-class dynamics and superior handling.

* #BMWM #50YearsOfBMWM #50JahreBMWM #WeAreM

Celebrating the 50th anniversary of the iconic BMW M GmbH, BMW India has launched an exclusive ‘50 Jahre M Edition’ of the BMW X6 in India today.

Available as a completely built-up unit (CBU), the BMW X6 blends agile and versatile driving dynamics with a crisply expressive design language, enduring the extrovert presence of an edgy Sports Activity Coupe (SAC). The X6 is available as an exclusive ‘50 Jahre M Edition’ in limited numbers and can be booked exclusively online.

BMW India had recently announced that it will launch 10 exclusive ‘50 Jahre M Editions’ to celebrate the M sub-brand that stands for high-performance adrenaline gushing cars.

The uniqueness of the BMW X6 comes from its modern expressive design which combines athletic and elegant coupe lines with the dynamism of a BMW X model. This vehicle is like no other, to the very last detail, the X6 offers a unique synthesis of luxury, sporting dynamics and powerful style creating an excitingly different driving experience. From the coupe-like roofline to the chiseled profile, this Sports Activity Coupe is marked by extraordinary craftsmanship and sends a message of power and prestige.

The limited edition is available at an attractive ex-showroom price of -

BMW X6 40i M Sport 50 Jahre M Edition           :           INR 1,11,00,000

*Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but excludes Road Tax, Tax Collected at Source (TCS), GST on Tax collected at source, RTO statutory taxes/fees, other local tax cess levies and insurance. Price and options are subject to change without prior notice. For further information, please contact the local authorised BMW Dealer.

The BMW X6 ‘50 Jahre M Edition’.

The extrovert design of the BMW X6 conveys a dynamic impression at first sight. The significantly larger BMW Kidney Grille, now in high gloss black makes for a powerful appearance. The iconic glow of the Illuminated Kidney Grille adds dramatic distinction. Sitting proudly above the BMW Kidney Grille is the iconic M Emblem along with ‘50 Years of M’ door projector inspired by the classic ‘BMW Motorsport’ logo. Visually distinct from the conventional BMW emblem, it signals passion for racing and for the roots of the BMW M brand. The 20” 740 M alloys, finished in orbit grey with M Sport Brake Callipers in Red High Gloss fit in seamlessly with the design, as does the distinctive front apron, enlarged air inlets and side sills with additional character line.

The X6 50 Jahre M Edition comes with BMW Laserlight offers selective beam and non-dazzling high beam function with a range of around 500 meters.  The air breather in body colour combines with striking wheel arches to underline the exterior’s dynamic look. The rear of X6 has an extremely athletic silhouette with powerful shoulders and is further accentuated by wide L-shaped LED rear lights. The automatic operation of tailgate further adds to the convenience quotient. 

The interior is designed to create an exclusive and dynamic driving experience. The X6 50 Jahre M Edition comes with Crafted Clarity, 4 zone air-conditioning, Harman Kardon Surround Sound System, Comfort Access System and Sport Seats as standard. The reconfigured and redesigned controls represent a modern re-interpretation of the classic, driver- focused BMW’s cockpit. The new model comes equipped with Temperature Controlled Cup holders (heated and cooled) and offers Wireless Charging as standard, maintaining focus on the driver while complementing everyday contemporary lifestyle. The interior excels with superlative workmanship and premium materials such as Sensafin with décor stitching upholstery in Tacora red.

The large Panorama Glass Roof fills up the cabin with natural light and brings in a sense of spaciousness. Elegant electronically adjustable sports seats in sensafin upholstery have a memory function and offer the driver optimum lateral support along with lumbar support. The standard ambient lighting creates a cosy atmosphere in the interior and includes Welcome Light Carpet. ‘CraftedClarity’ glass application makes the interior controls look more elegant.

The BMW X6 50 Jahre M Edition gets the M Leather Steering Wheel along-with the Sports Seats. It also comes equipped with M Sport Brakes, M Sport exhaust system, Adaptive M Suspension, M aerodynamics package and 20-inch M light alloy wheels Starspoke style in the standard profile. The X6 50 Jahre M Edition is being offered in two exterior colours, Black Sapphire Metallic & M Carbon Black Metallic.

Despite its elegant coupe character, the BMW X6 is uniquely, surprisingly spacious.  It offers 580 litres of storage space. Depending on various requirements, the three sections of the backrest can be folded in 40:20:40 split. This offers an impressive 1,530 litres of luggage space when rear seats are folded, making the vehicle suitable for all kinds of journeys.

Customers can add more equipment of their liking to the standard specifications and further enhance the car’s sporty looks and overall experience through optional offerings such as, Racer’s Pack which consists of accessories for exterior – side decals in frozen Black and rear spoiler and Motorsport pack which consists of accessories for interior – key fob in Alcantara and Carbon Fibre, exterior mirror caps in Carbon Fibre to name a few.

The innovative petrol engine from the BMW EfficientDynamics family offers spirited power delivery as well as spontaneous responsiveness even at low engine speeds, thanks to the unrivalled BMW TwinPower Turbo technology. The three-litre inline six-cylinder petrol engine produces an output of 250kW/340 hp and a maximum torque of 450 Nm at 1,500 – 5,000 rpm. The car accelerates from 0 -100 km/hr in 5.5 seconds and can attain a top speed of 250 km/h.

For greater driving pleasure, the 8-speed Steptronic Sport automatic transmission performs smooth, almost imperceptible gearshifts. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. The steering wheel paddle shifters, cruise control with braking function as standard and launch control function offer even greater driving pleasure.

A host of BMW ConnectedDrive technologies make for an enthralling and safe journey. The BMW X6 features BMW Live Cockpit Professional which includes a high-resolution 12.3-inch Central Information Display with iDrive Controller and Navigation with touch functionality. Wireless Apple CarPlay® ensures seamless smartphone connection with the car to access navigation, contacts, messages, music and other functions. An extremely handy wireless charging station also doubles up as a power bank. Parking and maneuvering in confined spaces is made easy by the parking assistant along with reversing assistant. The system remembers the last 50 meters covered and is able to automatically reverse the car along exactly the same route.

The standard BMW Gesture Control allows drivers to perform various actions through simple hand gestures. BMW Virtual Assistant, an intelligent digital character which responds to the prompt “Hey BMW” and helps drivers operate the car with access to various functions and information simply by speaking comes as standard. The BMW Display Key is available as an option with the BMW X6. 

BMW EfficientDynamics doubles Sheer Driving Pleasure with features such as Auto Start-Stop, Brake-Energy Regeneration, Electronic Power Steering, 50:50 Weight Distribution and Driving Experience Control systems enables drivers to choose between different driving modes (ECO PRO, Comfort, Sport, Sport+) to suit diverse driving conditions.

Cutting edge BMW Safety technologies such as six airbags, Attentiveness Assistance, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC), Cornering Brake Control (CBC), Electric parking brake with auto hold, Hill Descent Control (HDC), side impact protection, electronic vehicle immobilizer and crash sensor, ISOFIX child seat mounting and integrated emergency spare wheel ensure a safe drive at all times.

Wellbeing Nutrition Eyeing Funding Of $10M To Expand Globally

Wellbeing Nutrition, India’s leading plant-based nutrition company is looking to raise $8-10M in funding this quarter. The brand has received interest from some of the leading VC funds and a few strategic investors globally. They will use these funds to scale operations, build a senior global team and increase manufacturing capacity with new facilities in the USA and India, along with strengthening their R&D and research team while also building new categories 

The brand has expanded multi-fold since the last Series A fund raise of $2.2M from Fireside Ventures in July 2021. Without any additional capital, its expected ARR is 150cr, unlike all its peers. Wellbeing Nutrition has achieved a milestone of break-even in March this year and moved towards 5% profitability since.

The brand in the last year has been able to reach out to close to 30Mn audience in the country with a 400 % growth in net revenue over the previous year. The brand has already established the leadership position in the Melts Oral Thin Strips category already catering to a million plus consumers. To add to this the brand is already in final stages to close some partnerships in the sports category on the lines of the Disney Collaboration which consisted of Marvel and Frozen melts for Kids.

Mr. Avnish Chhabria, Founder said, “Ever since our inception, we have moved closer towards achieving new milestones. It makes us proud to be a homegrown brand that’s put India on the global map and present in over 5 countries with 50+ variants. We are looking forward to the new funding and plan to use the funds for our expansion globally.”

Previously, celebrities and wellness enthusiasts like Mira Kapoor, Rakul Preet Singh, and Dulquer Salmaan have also invested in Wellbeing Nutrition.

In the last 1 year Wellbeing Nutrition has scaled operations to over 3000+ stores across India and expanded its presence globally in the Middle East and North Africa (MENA) region, the Netherlands, UK and USA.

About Wellbeing Nutrition

A new generation of life supplements for the generation that wants more. These plant-based supplements are science-driven, using all natural ingredients of the purest form, in easy to consume formats with delicious taste and clean labels (no sugar, preservatives, or fillers of any kind). Ideal to fit in your daily routine, they address concerns like sleep, gut health, beauty, stress, immunity, throat, bone & joint, heart, cognition, weight management, eye, energy and detox.

To know more, visit: https://wellbeingnutrition.com/

Nikon Releases The Upgraded Firmware Version 3.00 For The Nikon Z 9 Full-Frame Mirrorless Camera

* Exciting new additions for both video and still functions have been added for the award-winning full-frame/FX-format camera

Nikon India Private Ltd. is pleased to announce the release of firmware version 3.00 for its flagship full-frame/FX-format mirrorless camera, the Nikon Z 9.

Firmware version 3.00 further enhances the Z 9, offering exciting new features related to both video and still functions, as well as improved operability and display features that respond to user needs.

New video features include High-Frequency Flicker Reduction and Hi-Res Zoom1, a function that enables high-resolution zooming to effectively extend the telephoto range, regardless of the lens used.

New still features include the addition of a C60 option to High-Speed Frame Capture+2, enabling high-speed continuous shooting at approximately 60 fps in DX-format. Firmware version 3.00 also offers users a more comfortable workflow by improved playback options for images captured in bursts of continuous shooting.

To further satisfy the demands of professionals for enhanced display and operability, the number of buttons that can be used as custom controls and the extension of customisable functions have been increased. In addition, images and the i menu can be displayed in vertical orientation during playback mode, and new image-size options for DX-format have been added. Other improvements include an extended autofocus (AF) low-light limit and a reduction in the likelihood of the camera shifting the focus position to a foreground obstacle that momentarily obscures the intended subject.

Primary features of firmware version 3.00 for the Z 9

Addition of new video features, such as Hi-Res Zoom, that expand shooting possibilities

Hi-Res Zoom enables high-resolution zooming that effectively extends the telephoto range of a lens when recording video. When a 4K UHD option is selected, the video is actually recorded in 8K UHD resolution then cropped to the 4K UHD frame size in real time, effectively doubling the zoom focal length while maintaining native resolution that is not possible with digital zoom or the addition of zoom effects with post-production. Hi-Res Zoom is available regardless of the lens used, whether a prime or a zoom lens, for example, allowing users to take advantage of the extremely shallow depth of field of an f/1.2 maximum aperture lens.

Hi-Res Zoom can be assigned to the camera’s Fn1/Fn2 buttons, or the Fn ring or control ring on a lens. Using the buttons enables smooth zooming at a constant speed3 that is not possible with manual zooming, while the control ring allows users to zoom in or out as quickly or slowly as they like.

Furthermore, High-Frequency Flicker Reduction is now available with video recording and timecode synchronisation across multiple Z 9 cameras is now possible4, controlled by a single wireless remote control. ATOMOS UltraSync BLUE is now also supported over a Bluetooth connection, enabling the syncing of other companies’ recording-equipment and/or audio-device timecodes.

The benefits of this are enormous when editing videos recorded with multiple recording-equipment including external audio recorders.

A picture containing tree, grass, outdoor, person

C60 — covering a variety of user needs for continuous shooting

In addition to the existing C30 and C120 options, High-Speed Frame Capture+ now offers a C605 option that realises bursts of continuous shooting of approximately 19-megapixel still images at approximately 60 fps, satisfying the diverse needs of photographers, especially those in the fields of photojournalism, sports, and bird photography, who frequently use high-speed continuous shooting to photograph their subjects.

Playback operation for images captured with bursts of continuous shooting has also been improved. An Auto Series Playback function, which automatically displays images from the same burst of a continuous shooting group after the first image in the burst is displayed in playback mode, has been added, delivering a more comfortable workflow for photographers who frequently use high-speed continuous shooting for sports and bird photography.

In addition, the High-Frequency Flicker Reduction added with firmware version 2.10 is now available for video recording and has been made easier to use for still-image shooting by adding it to photo shooting menu.

Improvements in operability and display for smoother shooting experiences

The number of buttons that can be used as custom controls and the extension of customisable functions have been increased for smoother access to frequently used functions. The show effects of settings option in view mode (photo Lv), which shows exposure settings with photo live view display, has been improved, allowing users to choose whether the effects of exposure settings are reflected when a Speedlight is attached. As this function allows the user to check background exposure prior to shooting, they can confirm in advance that the resulting background exposure will not be affected by the flash from the Speedlight.

What’s more, new features, including image size (DX), which enables the selection of the size of images recorded at an image area setting of DX (24×16), and the ability to assign image area selection (switching between FX-format and DX-formats) and Hi-Res Zoom for video recording to custom controls have been added for increased flexibility.

Other display advancements include vertical display in playback mode for images and the i menu, as well as the addition of the file info option in the playback display.

4. AF-related improvements and other features

•              Improved AF low-light performance by 0.5 EV

•              When 3D-tracking is selected for AF-area mode, focus will less likely shift to a foreground obstacle that momentarily obscures the intended subject. In addition, a red option has been added for focus point colour, ensuring the visibility of the focus point even against a snowy background.

•              A new function, override other cameras, has been added, enabling easy switching between master cameras when multiple cameras are designated as masters.

•              Support for the FTPS protocol offers faster and safer image transfer with encryption.

Nikon will continuously meet users’ needs through firmware updates that expand the functionality of its cameras.

1 Hi-Res Zoom is available only with video recording in the following codecs: at ProRes 422 HQ 10-bit (MOV), H.265 10-bit (MOV), H.265 8-bit (MOV), or H.264 8-bit (MP4) -with image area set to FX (36×24). Restrictions apply to some camera features.

2 With AE/AF tracking at an image quality setting of JPEG normal only. The maximum number of frames that can be captured with a single burst is fewer than that possible with high-speed continuous shooting. Use of a Nikon-recommended memory card is recommended.

3 Zoom speed offers a choice of slower, standard, or faster.

4 A signal from the shutter-release button resets device timecodes. Therefore, still images cannot be captured during video recording by pressing the shutter-release button when timecode synchronisation is enabled.

5 Image area fixed at DX (24×16). If a DX lens is attached when C120 is selected, the high-speed frame capture+ setting will automatically change to C60 and image area will be fixed at DX (24×16). Pre-Release Capture is supported.

Specifications, design, product name, and supplied accessories may differ by country or area. Specifications and equipment are subject to change without any notice or obligation on the part of the manufacturer.

About Nikon India

Nikon India distributes, markets and services the complete range of Nikon imaging products, Nikon Sport Optics and Nikon Biological range of Microscopes. The Nikon Imaging includes Nikon Mirrorless Z series, Nikon D-SLR, the Nikon COOLPIX and range of NIKKOR lenses & accessories. Nikon India operations also includes the sales, services, and application support for Nikon Biological range of Microscopes and its accessories. Headquartered in Gurgaon, Nikon has branch offices in Mumbai, Kolkata, Bengaluru and Delhi. Nikon India has total of five Nikon owned Service Centers (4 Branches and 1 Headquarter), 23 ASCs (authorized service centers), 14 Nikon Collection Centers and over 1500 dealer base for complete service & support for Nikon customers. Nikon has also set up 140 Experience zones pan India which showcases the entire range of Nikon Mirrorless series, D-SLR cameras, COOLPIX cameras and an elaborate range of NIKKOR lenses, Nikon Sport Optics and accessories.

For more information, visit www.nikon.co.in or discover the Z series mirrorless camera system and experience new possibilities here http://nikn.ly/Zseries_IN.  

Cyient Reinforces Its Position As A Major Contender In Everest's Industry 4.0 Services PEAK Matrix Assessment 2022

Cyient, a leading consulting-led, industry-centric global technology solutions company, announced that it has emerged as a  Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022. The PEAK Matrix is a proprietary framework for assessing service providers' relative market success and overall capability based on performance, experiences, ability, and knowledge. 

Cyient aims to address its customers' key business challenges by leveraging the right mix of digital technology capabilities, solutions, and platforms to accelerate time-to-value and maximize adoption and experience. 

Commenting on the achievement, Prabhakar Shetty, Chief Digital Officer, Cyient, said, "We think of Digital as not only a technology program but a mechanism that helps our customers evolve, accomplish higher velocity, increase agility & innovation, and foster new culture. Being recognized by Everest as a Major Contender in 4.0 services is a testament to our successful approach to helping customers' Digitize the old and Architect the new'. Our IntelliCyient suite of Industry 4.0 - coupled with a business and technology consulting framework, is helping organizations adopt new-gen technologies across the value chain of engineering – Design, Build & Maintain."

He further stated, "With Cyient's expertise in PLM, Digital Manufacturing & Operations, and Aftermarket services, intertwined with technology layers of Applications engineering and core digital technologies of Cloud, Dev-Ops, Robotics, RPA, UI/UX, and Analytics, we are uniquely positioned to help organizations evolve at every step of their Digital journey."

"Cyient has reinforced its position in the Industry 4.0 space through investments in creating IP/solutions and technology studio with lab environments to strengthen capabilities in IoT, cloud, automation, and analytics," said Nishant Udupa, Practice Director at Everest Group. 

He further added, "Acquiring Workforce Delta has further enhanced IntelliCyient's portfolio with strong front-end consulting capabilities for digital mobile workforce management solutions, primarily in the utilities and telecom sector. Clients have appreciated Cyient for its strong manufacturing domain knowledge, change management support and onsite testing capabilities. This has contributed to Cyient emerging as a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022."