10th Edition of National Foundry Conclave: Minister Nitin Gadkari Inaugurates

10th Edition of National Foundry Conclave: Minister Nitin Gadkari Inaugurates


Coimbatore: Minister Nitin Gadkari inaugurated the 10th Edition of National Foundry Conclave. Confederation of Indian Industry (CII) in association with The Institute of Indian Foundrymen ia organising 10th Edition of National Foundry Conclave from January,20, 21, 22, 27, 28 & 29 January 2021) on a Virtual Platform.

Delivering the Inaugural Address at the conclave, Mr Gadkari urged and encouraged the foundry players to focus both on the domestic and global demand, which has undergone disruption especially after the covid-19 and to capitalize the underlying opportunities. Gadkari requested industries to reduce imports and assured his support from his ministry and further guidance with the other ministries.

Speaking on the quality improvement and towards decreasing production cost and in response to industries request on concession for introducing technologies to address environment issues, Mr Gadkari mentioned the request shall be taken up with the Ministry of Finance and duly considered. Minister Gadkari suggested and encouraged industries to join with the Government in setting up skill and innovation centres which can be steered and led by industries and industry associations in joint partnerships with institutions.

Hari Thiagarajan, Chairman, CII Tamil Nadu & Executive Director, Thiagarajar Mills P Ltd addressing at the conclave highlighted about the total Manpower in the Foundry Sector which is approx. 500,000 Directly & 150,00,00 indirectly and further mentioned the foundry sectors potential to generate additional employment of 2 Million in next 10 years.

Vijay S Beriwal, President, IIF & Chairman, Calcutta Iron Udyog addressing at the conclave, mentioned that, Foundry sector needs a Roadmap and Suitable policy interventions to improve its global market share to the tune of 7 – 8 %, which is achievable. He concluded by mentioning that, use of renewable energy sources is the need of the hour and as an effort towards climate mitigation practice as the Foundry Industry is power intensive.

R Saravanan, Chairman, National Foundry Conclave & Managing Director, Sandfits Foundries Pvt Ltd, spoke on the theme, “Driving Efficiency – Enhancing Productivity by Adopting Automation & Technology from Global Best Practices” stressing on the need for automation among foundry members and sustainable production practices.

J Ganesh Kumar, Chairman, CII, Coimbatore Zone & Managing Director, Indo Shell Cast Pvt Ltd, delivered the welcome remarks. N K Samaraj, Past President, IIF & Managing Director, Magna Electro Castings Pvt Ltd interacted with the Minister on the issues faced by the foundry industry. The six-day conclave will bring forward the experience of successful companies and also a technology demo of foundry processes from the companies like Difacto Robotics & Automation Pvt Ltd, Sinto Bharat, Savelli Italy and Siemens Ltd.

Passenger Alert: Mangalore–Chennai Egmore Weekly Special Trains Extended Till October

Southern Railway has extended the operation of the weekly special trains between Mangalore Central and Chennai Egmore un...

Woman Dies by Suicide in Chinnavedampatti; Police Investigate

The Saravanampatti police are investigating the death of a 32-year-old woman who was found dead at her residence in Chin...

Youth Held for Robbing Motorcycle and Cash at Knifepoint in Thudiyalur

Vishok (23) a resident of Thudiyalur was arrested and remanded in judicial custody for allegedly threatening a youth wi...

Daylight Heist Near Lakshmi Mills: Jewellery Trader Robbed of ₹1 Crore; Four Detained

An Andhra Pradesh-based jewellery trader was allegedly robbed of around ₹1 crore in cash and silver articles by a four-m...

Man Arrested for Attacking TASMAC Employee With Empty Bottle at Veerakeralam

The Vadavalli police arrested Shankar (43), a resident of Seeranaickenpalayam, for allegedly attacking a TASMAC employee...

Over 20 Devotees Injured as Van Overturns on Palamalai Hill Road in Coimbatore

Around 22 devotees were injured after the vehicle they were travelling in overturned near the third hairpin bend on the...