Monday, October 31, 2022

Sagar Hospitals Launches 'Sagar Stroke Protocol' On World Stroke Day


* Organizes walkathon, jeep rally to create stroke awareness,

* Honours ambulance drivers who embody #Precious Time

Hundreds of people including neurologists, doctors, medical staff and general public participated in a unique 'Walkathon and Jeep Rally' organized by Sagar Hospitals  to create awareness about stroke on the occasion of ‘World Stroke Day’ on Sunday, Oct 30, in association with Bangalore Mudster Jeepers and Traffic Warden Association. 

Sagar Hospitals also launched the 'Sagar Stroke Protocol' to mark the theme for World Stroke Day - #Precious Time. ‘Sagar Stroke Protocol’ is a step to step guide for emergency management of stroke. If the patient reaches within the golden hour, a stroke can be reversed. To achieve this goal, a very coordinated and protocol based effort is required by the treating team. ‘Sagar Stroke Protocol’ addresses and guides treatment taking our Indian scenario into consideration,” explains Ms Ishiqa Multani, President, Sagar Hospitals.

As a part of the World Stroke Day, Sagar Hospitals also felicitated the unsung heroes of Bengaluru – the Ambulance drivers, who relentlessly work round the clock to save the  lives when every minute counts. The ambulance drivers shared some heart touching stories which made many eyes well up with tears.

'Minutes save lives': # Precious Time is the theme for World Stroke Day 2022. Sagar Stroke Protocol emphasised that ‘Time is brain’ and ‘Minutes save lives’. Since time is of essence when it comes to a stroke, a well-coordinated protocol based stroke program is need of the hour, said the doctors.

“Sagar is a Stroke Ready Hospital. It is important for everyone to know their nearest Stroke Ready hospital. Since stroke can be reversed if the patient reaches within golden hour, it is important for the family and neighbourhood doctors to understand this concept of being Stroke Ready,” says Dr Murali Mohan S, Senior Consultant Neurosurgeon and Head of Neurosciences, Sagar Hospitals.

A stroke ready hospital has facilities to diagnose and treat emergency stroke aimed to reverse the stroke completely. The set up needs in-house MRI, Cathlab and surgical theatre. More importantly round the clock availability of stroke specialists- the Neurologist, Neuro-Interventionist and Neurosurgeons apart from stroke trained paramedical staff.

“To make Bengaluru an emergency ready city, we at Sagar Hospitals have already started basic life support programmes in various communities and corporates. The hospital aims to create first aid champions in these communities. It is extremely important for individuals to be trained in basic life support. This will help in increasing the chances of survival of victims,” feels Ms Multani.

About Sagar Group

The Sagar Group is a renowned Business Conglomerate with interests in Education, Healthcare, Research, Services, Technology and Infrastructure verticals. All these business verticals put together is anchored by an extraordinary workforce of close to 5,000 professionals and an equal number of support staff, thus impacting the lives of large sections across society.  Today, the Group operates in the key areas that drive economic growth and enjoys a leadership position in Education & Healthcare sectors.

Serene Envirotech Solutions Launches of UdazH X8 Hydrogen Water Bottles


Healthy living is no new concept, which is only strengthening its roots with the human race as days go by. It has become mandatory that style and comfort compliment the benefits of any wellness product in the market today. To facilitate healthy living in an easier, quirkier and stylish manner Serene Envirotech Solutions today announced launching udazH X8 hydrogen water bottles – a revolutionary technology 4.0 product.

In the world we live in, increasing levels of pollution and radiation, coupled with stressful lifestyles, trigger excessive generation of free radicals in our body. Having to constantly tackle this situation is beyond the scope of the human body. In time, this situation leads to cellular oxidative stress, the root cause of many diseases. To aid endogenous antioxidants in combating excessive free radicals, we need to take the support of exogenous antioxidants. How do we do that?

X8 is an exciting option that offers just that! X8 generates hydrogen-rich water, a source of exogenous antioxidants. Consuming this hydrogen-rich water improves our body’s ability to fight free radicals.Since the launch, the product has been perceived well by the audience and the customers have seen uptick in their well-being after using machine. The different specialty of the machine is its dual-use technology, where two persons can inhale at the same time and this makes the product different from others in the market. After seeing a positive response and success of X8, Serene Envirotech Solutions is on track to expand its market reach to provide this portable wellness to every home.

Molecular hydrogen is the latest buzzword in the booming wellness industry, and its potential as a preventative wellness tool is too big to ignore. It is a gas that is found in trace amounts in the air (0.00005%). It can act as an antioxidant and is thought to protect cells from oxidative stress-related damage. Hydrogen can be inhaled as a gas at low concentrations (1-3%).

The udazH X8 boasts of advanced technology 4.0 features such as automation,titanium platinum electrode, complete electrolysis with hydrogen and oxygen separation, high hydrogen production capacity of up to 3000 PPB, a high-end design with a real-time smart LED display, which surely are new and excitingfeatures that gives a reason to own a udazH X8 water bottle.

In a day, consumption of the recommended amount of hydrogen water is equivalent to consumption of large quantities of antioxidant-rich vegetables and fruits, which helps in reaping benefits like

l  Better skin hydration

l  Improves blood circulation

l  Eliminates inflammation and oxidative stress

l  Restores energy levels

l  Effects Anti-aging

Dr. Babu Sudhakar, the Founder, Chairman & Managing Director of Serene Envirotech Pvt. Ltd. expresses “udazH X8 is a luxurious and high-end fashionable device for healthy living. I strongly believe that the country is waking up to the importance of health and wellness. Preventative measures and healthier eating habits are becoming increasingly important, but style is also becoming an important quotient of the wellness industry.udazH X8 makes a great product for people who are more conscious about their healthcare and have a proactive lifestyle. Also, X8 can be very handy for the people suffering from bladder and kidney ailments and the ones who habitually consume less water, should make it a point to make X8 water bottle a part of their daily living.”

As a symbol of healthy living and exciting new fashion, udazH X8 has become a product that the youth and the middle-aged people want to get their hands on. This in turn inculcates a healthy living for the future generation of the country.

Serene Envirotech was established to provide cutting-edge, innovative solutions and services in the field of preventive healthcare and wellness.

In a day when immediate results are valued above all else, the preventive healthcare and wellness industry offers a refreshing change.

Tata Group To Set Up Final Assembly Line For The Airbus C295 Aircraft At Vadodara, Gujarat


The Hon’ble Prime Minister of India, Shri Narendra Modi, laid the foundation stone of the Final Assembly Line (FAL) for Tata Group’s India C295 Program at Vadodara, Gujarat. The unit will undertake aircraft manufacturing and assembly and will deliver a mission-ready aircraft in transport configuration, equipped with an indigenous Electronic Warfare Suite to the Indian Air Force (IAF). Hon’ble Raksha Mantri Shri Rajnath Singh, Hon’ble Gujarat Governor, Shri Acharya Devvrat, Hon’ble Chief Minister of Gujarat, Shri. Bhupendra Patel, Hon’ble Minister for Civil Aviation Shri Jyotiraditya M Scindia, Defence Secretary, Dr. Ajay Kumar, Secretary, Ministry of Civil Aviation, Shri Rajiv Bansal and Chairman, Tata Sons, N. Chandrasekaran were among the dignitaries who were present on the occasion.

In September 2021, India formalized the acquisition of 56 Airbus C295 aircraft to replace the Indian Air Force (IAF) legacy AVRO fleet. It is the first ‘Make in India’ aerospace programme in the private sector, involving the development of a complete industrial ecosystem: from manufacture to assembly, test and qualification, to delivery and maintenance of the complete lifecycle of the aircraft.

This will be the first time in the Indian private sector that an aircraft will be manufactured in-country, from parts to final assembly. The Program will lead to the development of a strong private industrial aerospace ecosystem in India and will create more than 15,000 skilled direct and indirect jobs across the aerospace eco-system, with more than 125 suppliers qualified on global quality standards across India.

Speaking on the occasion of the laying of the foundation stone, N Chandrasekaran, Chairman, Tata Sons said, “With the set-up of the Final Assembly Line (FAL) in Vadodara, the Tata Group will now be able to take aluminum ingots at one end of the value stream and turn it into a Airbus C295 aircraft for the Indian Air Force. This is a historic moment not only for the Tata Group but for the country, as it embraces the Hon’ble Prime Minister’s vision of being truly ‘Atmanirbhar’”.

“We are honoured to play a role in this historic moment for aerospace in India. Our Airbus teams are committed to supporting the modernisation of the Indian Air Force with the C295 programme, which will also contribute to the development of the private defense manufacturing sector in the country,” said Guillaume Faury, Airbus Chief Executive Officer. “The C295 programme, in partnership with the trusted Tata Group, is strongly aligned with the Government of India’s vision of an ‘Atmanirbhar Bharat’ (self-reliant India)."

The IAF became the 35th C295 operator worldwide. Up to date the programme counts 285 orders, with more than 200 aircraft delivered, 38 operators from 34 countries as well as 17 repeated orders. In 2021 the C295 achieved more than half a million flight-hours.

With a proven capability of operating from short or unprepared airstrips, the C295 is used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft. It can airdrop paratroops and loads and can also be used for casualty or medical evacuation. The aircraft can perform special missions as well as disaster response and maritime patrol duties.

About Tata Advanced Systems Limited

Tata Advanced Systems Limited, a wholly owned subsidiary of Tata Sons, is focused on providing integrated solutions for Aerospace, Defence and Homeland Security. In less than a decade, Tata Advanced Systems has become a significant player in the global aerospace market, becoming the premier manufacturing partner for global OEMs as well as the Ministry of Defence, Government of India.. It has capabilities throughout the entire aerospace and defense systems value chain from design to full assembly of aircraft and weapon systems, and is well positioned in areas that include missiles, radars, unmanned aerial systems, command and control systems, optronics and homeland security.

About the Tata group:

Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.

Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation, and art and culture. In 2020-21, the revenue of Tata companies, taken together, was $103 billion (INR 7.7 trillion). These companies collectively employ over 800,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of $314 billion (INR 23.4 trillion) as on December 31, 2021. Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Communications, Indian Hotels, Tata Digital and Tata Electronics.

About the Airbus C295

The C295 is the most versatile and efficient tactical transport aircraft. It is robust and reliable but also highly versatile in terms of the number of different missions it can perform. The C295 conducts multi-role operations worldwide under all weather conditions. It is fully certified and routinely operates day and night in combat missions in all weather extremes, from desert to maritime environments, from extremely hot to extremely cold temperatures.

Saturday, October 29, 2022

Kennametal Completes The Devanahalli Lake Restoration Project In Partnership With United Way India


* Expected to benefit up to 5,000 people in local community

* Project inaugurated by Shri. Rajiv Ranjan, IFS, Additional Principal Chief Conservator of Forests, Karnataka Forest Department

Kennametal India Limited, in partnership with United Way India (UWI), a n

on-profit organization held a special inaugural event today to mark the completion of the Devanahalli Lake restoration project at Bengaluru, India. The project spans nearly 17 acres of land, and the lake itself has  a capacity of over 535 million liters of water. This initiative , which is expected to raise the ground water table and improve the moisture content in the soil, should benefit up to 5,000 people living in and around Devanahalli. The project took place over 5 months with the help of UWI and its on ground implementation partner, Environmentalist Foundation of India (EFI). 

Special guest Shri. Rajiv Ranjan, IFS, Additional Principal Chief Conservator of Forests, Karnataka Forest Department was in attendance to inaugurate the project. 

Speaking at the event, Mr. Vijaykrishnan Venkatesan, Managing Director, Kennametal India Limited said, “Kennametal's CSR programs are aimed at securing a sustainable future and creating long-term value for the communities where we work and live. The Devanahalli lake restoration project is one such program aligned with our commitment towards “Protecting our Planet” and a positive step in reviving the lakes in Bangalore that are an integral part of our ecosystem.”

Citing the importance of such projects, Shri. Rajiv Ranjan, said, “With lakes depleting at a very rapid rate, it is the need of the hour to take actions that can enhance the green cover of Bengaluru. We appreciate Kennametal’s commitment to doing its bit for the environment that should lead the way for many such volunteering initiatives by corporates.”

Speaking on the significance of environmental conservation, Ms. Jayanti Shukla, CEO – United Way India said, “It is my pleasure to be a part of this program today and witness the implementation of the project. As philanthropy partners for Kennametal, we believe that this initiative will help in water conservation and enhancement of natural flora & fauna of the lake. The wider goal is to ensure water security, clean air, and healthy environment in and around Bengaluru in the years ahead for our future generations.”

About Kennametal

With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling, and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering, and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,700 employees are helping customers in more than 60 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2022. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn, and YouTube.

About United Way India

United Way India is a registered non-profit affiliated to United Way Worldwide, a 135-year-old volunteer led global movement of 1200 community chapters across 40 countries. As India’s leading philanthropy network driving social change, United Way in India mobilizes communities and helps individuals achieve their human potential through education, income stability, healthy lives, and a sustainable environment. Learn more at uwindia.org. Follow @unitedwayindia: Twitter, LinkedIn, Instagram, Facebook, and YouTube | #LiveUnited.

Adaptive Learning Coaching- The Key To Successful Transformations?


By Richard Williams, Principal Consultant at Capco 

As operating environments become ever more complex and volatile, the rate and scale of the change required of organizations increases.  However, financial industry transformations continue to stall and fail at an alarming rate, whether their purpose is preparing the enterprise to face industry disruption, enhance innovation or reduce the overheads associated with bureaucracy. 

A key reason is that transforming an organization to a new, more dynamic, and adaptive form requires leaders who can take responsibility, shoulder great expectations and play a pivotal role in establishing the new culture – for example, through enabling collaborative innovation and nurturing high-performing teams. So how can organizations build a right-sized group of leaders with the capabilities and the desire to be catalysts for change throughout the enterprise? 

Coaching versus Training 

Organizations often provide aspiring leaders with opportunities for training, but we should see these sessions as primers and not the complete answer. A few days in a classroom will give leaders a new glossary of business language and an introduction to a toolbox of techniques. Creating a sustained shift in mindset of the sort needed for a truly enabling leader is usually a longer mission, requiring continuous improvement through practice, challenge, and reflection.  

Chris Argyris, who was a co-founder of organization development and emeritus professor at Harvard Business School, understood this well when he said that leaders “need to reflect critically on their own behavior, identify ways they often inadvertently contribute to the organization’s problems and then change how they act.” 

However, leaders faced with a multitude of daily challenges – handling budget pressures, encouraging staff, keeping alignment with changing company strategy – often find it impossible to prioritize the much-needed time for retrospection to gain meaningful insight into current challenges or plan for change. Cue the arrival of the adaptive leadership coach – a person who provides much needed structure for reflection and is the appropriate foil for a leader to safely challenge preconceptions and encourage growth.  

Three Key Qualities-  

So, what expectations should we have for an adaptive leadership coach?  

First, the coach should be ethical. The coaching process requires participants to be open, honest, and experimental. A leader will rightly expect their leadership coach to maintain confidentiality and to be non-judgmental. Trust is a must-have for the relationship to be successful. Whether you call them Chatham House or Vegas rules, what happens in the coaching room, stays in the coaching room, unless with express consent.  

Second, the coach should be credible and inspiring. Two coaching techniques help to deliver these qualities: consulting – providing plausible answers for problems where no other means is available; and mentoring – sharing the coach’s own experiences to better illuminate options for the leader to use in finding their own approach. For these techniques to be meaningful for the leader, the coach must have a deep understanding of the role, mindset, and behaviors of an adaptive leader. Mentoring works best when the coach has real insight into the challenges faced everyday by their mentee, and when the coach has real-world experience to draw from.    

Third, the coach should be able to hold up a mirror so that leaders can better observe themselves. The most sustainable change in any leader is identified and driven by the leader herself. A leadership coach’s strongest and most often used technique is the coaching conversation, carefully structured so that the answers and actions all come directly from the leader. The role of the coach is to ask powerful questions and illicit new thinking and perspectives that stimulate the leader’s own thought process. 

Unlearning from the past-  

A key aim for the coach is to help the leader challenge their own preconceptions and unconscious biases. We are all the result of our experiences and the organizational cultures that we have emerged from. Whether we like to predict rather than experiment, control rather than distribute authority, or act as an expert rather than as a catalyst for others to develop their expertise, our established mental models need to be examined and new paths forged. 

The futurist Alvin Toffler was, as usual, ahead of the curve when he commented, “The illiterate of the 21st Century won’t be those that can’t read and write. It will be those that can’t learn, unlearn, and relearn.” Leaders must seek to gain new understanding and adapt their behaviors and approach to the workplace to ensure they remain relevant.   

Producing Leaders 

Adopting a coaching approach isn’t a sign of weakness.  When transformation is critical to our future, creating transformative leadership is a necessity. To borrow and adapt a well-known internet meme, leadership coaching is product development, with the leader as the product.  

At Capco we understand the imperative for adopting organizational adaptivity and the crucial part that leaders play. As exemplars for behavior and a primary carrier of organizational culture, the role of leader is the single most impactful factor in establishing sustainable, resilient adaptivity – and leadership coaching is one of the best ways to produce transformative leaders.  

Vitesco Technologies Signs “UN CEO Water Mandate For Sustainable Water Management”



* Business leaders from around the world support development of sustainable solutions to global water crisis 

* By joining, Vitesco Technologies commits itself to the responsible use of water 

Andreas Wolf, CEO of Vitesco Technologies, has become one of the first representatives of the automotive supplier industry to sign the CEO “Water Mandate”. Underthe umbrella of the United NationsGlobal Compact, the initiative is supported by business leadersfrom around the world and aims to develop sustainable solutions to the emerging globalwater crisis. 

As a leadinginternational supplier of modern powertrain technologies and electricmobility solutions, Vitesco Technologies also operates sites in water-stressed areas, particularly in Mexico and the USA, and is therefore aware of its special responsibility. As part of its environmental strategy,it strives to continuously improveits sustainability, also with regardto water as a resource. 

“As a member of the CEO Water Mandate, we want to regularly discussbest practice solutionsand current opportunities and risks in the area of water management with other companies,” explains Andreas Wolf, CEO of Vitesco Technologies. “With our risk-basedapproach, we are focusing specifically on regions in the world where water is becomingincreasingly scarce.” 

To achievethis, Vitesco Technologies is primarily pursuingefficiency projects that focus on avoiding water waste and usingthe resource multipletimes. For example,the site in Juarez (Mexico)plans to implementa total of 30 efficiency projects from 2021 to 2024. These range from water conservation for sanitary applications to the use of condensate and rainwater for irrigation and toilet flushing. 

In Seguin (USA), there are plans todivert condensate water from air conditioning and ventilation systemsto cooling towers in 2022. In addition,the company plans to reuse sludge water from cooling towers as gray water for sanitaryfacilities and to collect rainwater. 

This will enable the company to reduce the drinking waterit uses  from the public water supply. 

All Vitesco Technologies sites are consistently and regularlyassessed against the World ResourcesInstitute’s updated risk assessment tools.For the corresponding public reporting on water risks,consequences and activities, the CEO Water Mandateprovides valuable guidance. In somecases, member companiesundertake to measure and monitor operational water performance. Theyformulate explicit goals and strategies for water management within the company,promote efficient water use and assess risks and effectson the respective river basinand their valuechain. The initiative provides an overviewof all member companies at: Endorsing Companies- CEO Water Mandate 

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. 

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