Tag: Aerospace

News

Adani Defence & Aerospace and EDGE Group Sign Landmark Cooperation Agreement in Defence & Security

Jun 11, 2024 by Mansi Praharaj 0 Comments #Adani Defence, #Aerospace, #Ashish Rajvanshi, #EDGE Group, #Hamad Al Marar

Adani Defence & Aerospace, one of the leading defence and aerospace companies of India, has signed a milestone cooperation agreement with EDGE Group, one of the world’s leading advanced technology and defence groups in the UAE.

adani

The agreement aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers. This includes evaluating cooperation across EDGE’s and Adani’s core product domains, including missiles & weapons covering airborne, surface, infantry, ammunition, and air defence products, platforms & systems covering unmanned aerial systems (UAS), loitering munitions, counter drone systems, unmanned ground vehicles (UGV), as well as electronic warfare (EW) and cyber technologies.

The agreement will explore the establishment of R&D facilities in India and the UAE; the setting up of development, production, and maintenance facilities of defence and aerospace solutions to not just serve the two captive markets, but also Southeast Asian and wider global markets.

Ashish Rajvanshi, CEO, Adani Defence & Aerospace, said “Our collaboration marks the beginning of a new era in enhancing defence capabilities, emphasizing our commitment to advance technological prowess and promoting bilateral defence cooperation between India and the UAE. It is a reflection of our shared vision to fortify our nation’s capabilities by not just delivering cutting-edge solutions for the two countries but also setting new benchmarks in the global defence landscape.”

Hamad Al Marar, Managing Director and Chief Executive Officer, Edge Group, said: “Our agreement with Adani Defence & Aerospace, represents a significant milestone, strengthening our ties within India’s defence industry, and underscoring our mutual commitment to advancing UAE-India military ties. This agreement reflects our dedication to bringing our customers the most advanced and sophisticated products to the market, while taking advantage of the global export potential including critical UAE-grown technology. We are keen to setup the joint platform between Adani Defence and Edge to pioneer new technologies and set new standards in advanced military equipment and defence sector.”

The agreement with Adani Defence & Aerospace reinforces EDGE’s commitment to India’s defence industry, a market of strategic importance for the group.

Business

BFIL announces acquisition of three Forging Lines capable of producing 72K Tons per annum of heavy forged products

May 21, 2024 by Mansi Praharaj 0 Comments #Aerospace, #Aluminium, #Balu Forge Industries Limited (BFIL), #Belagavi, #BFIL, #Defence, #engineering & safety components industry, #forging hammer, #forging lines, #Hammers & Presses, #Karnataka, #manufacturing of crankshafts & forged components, #Mercedes-Benz, #Middle East regions, #Mining, #OEM market, #Oil & Gas, #precision engineering company, #Railways

Hyderabad, May 21, 2024……Balu Forge Industries Limited (BFIL), a prominent precision engineering company engaged in manufacturing of crankshafts & forged components, announces the acquisition of three forging lines in a combination of Hammers & Presses capable of producing 72,000 tonnes p.a. of heavy forged products.

pic Balu Forge Industries Limited

Disclosing this in a press note issued in Hyderabad today, the company said, these newly acquired forging lines will seamlessly integrate with the precision engineering expansion taking place at its upcoming manufacturing campus in Belagavi, Karnataka thereby making BFIL an integrated one-stop solution provider for advanced machining solutions for critical industries viz. Railways, Defence, Oil & Gas, Mining, Aerospace, Defence, Aluminium & other essential precision industries globally.

The new forging unit will be seamlessly integrated with the recently acquired precision machining unit of Mercedes Benz. This will further strengthen our product engineering & increase our precision product offerings to global majors operating in the critical engineering & safety components industry with end-to-end solutions under one roof.

This forging unit includes a 16-ton closed-die forging hammer, ranking amongst the largest in the country and capable of producing forgings up to 800-900 kgs. This capacity will be further enhanced with a 10-ton closed-die forging hammer line and an 8,000-ton capacity mechanical forging press. With these facilities, it is advancing our presence in engineering critical industries viz. Oil and Gas, Aerospace, Defence, Railways, Mining, Aluminium and Auto part manufacturing and many other critical industries.

This acquisition strengthens and expands our critical engineering products portfolio and enhances R&D capabilities in alloy mixing & metal combinations BFIL informed. It provides us unique strength in creating products from different alloys based on Aluminum to Titanium which shall enable BIFL to expand its product offering to major growth industries for critical engineering products and to further capture the OEM market that we cater to across North America, Europe, Asia, and the Middle East regions.

Business

BFW Inaugurates Fully Digitalized, Global Scale Manufacturing Plant

Apr 22, 2024 by Sujata Muguda 0 Comments #Aerospace, #Akihiro Teramachi, #Arun Kothari, #Ashok Leyland, #Automotive, #BFW, #Bharat Fritz Werner Ltd (BFW), #Defence, #Devaganapalli, #Die Mould, #Dr Eng Yoshiharu Inaba, #FANUC CORPORATION;, #Forging, #Geetanjali Vikram Kirloskar, #in Hosur, #JCB India, #Kirloskar Systems Pvt. Ltd, #Manufacturing Plant, #National Board for Quality Promotion, #Quality Council of India, #Raghavan, #Railways, #Ravi Raghavan, #Tamil Nadu., #THK Group, #Valves, #Vipin Sondhi

Bengaluru, 22 April 2024: Bharat Fritz Werner Ltd (BFW) a leading Indian advanced manufacturing technology solutions company, today announced the inauguration of its state-of-the-art manufacturing facility at Devaganapalli, in Hosur, Tamil Nadu. This new facility set up with an investment of Rs. 200 crore, brings numerous innovative practices and several unique and industry-first features, including:

BFW Plant Inauguration

– Two world-class assembly halls spanning 20,000 square meters each, with a combined capacity to produce over 10000 CNC machines annually, a 3X expansion. The overall footprint of 54 acres allows for setting up the Vendor Ecosystem in the future.

– Fully digitalized and interconnected manufacturing processes, incorporating conveyorised assembly of machines.
– Environmentally friendly infrastructure with various features designed to minimize carbon footprint.

– In alignment with the Government of India’s initiatives to promote skill development and empower women (“Nari Shakti”), the new facility promotes local talent with a planned gender diversity target of 30%, a pioneering move within the global Machine Tool Industry.

– A fully integrated “Spindle Technology Centre,” encompassing indigenous engineering, manufacturing, assembly, and service of high-quality machine tool spindles, including integral motor technology.

Mr Arun Kothari, Chairman, BFW said “We aimed to establish a facility of global standards for scale and efficiency. I am confident that this facility will aid us in furthering our aspiration of participating in the growth of manufacturing“ “Our teams have innovated many robust machine assembly processes for low Takt time taking inputs from the global best practices across the industry,” said Mr. Ravi Raghavan, MD, BFW

“The manufacturing sector finds itself at a pivotal juncture. Challenges, disruptions, and innovation have marked BFW’s journey over the past 63 years. To fulfil its purpose of “Enabling Progress ” of manufacturing BFW has embraced the initiative ” LEAP – Leadership thru Ethical practices, Agile Processes, and Partnerships.” Under this initiative, BFW aspires to act as a strategic partner of the Global Manufacturing Industry by Scaling up the capacity 3X, adopting best practices of the Automotive Industry to the Machine tool domain, and deploying Technology to evolve a digitally connected ecosystem. The machine tool industry in India is growing at a CAGR of 15 to 17% annually, and BFW is a leader in the industry is growing at 20%.” Mr. Raghavan added.

BFW Plant

With an excellent design engineering capability & two state-of-the-art manufacturing plants, BFW provides solutions to meet the performance, productivity, and reliability expectations of diverse industries including Aerospace, Automotive, Defence, Die Mould, Forging, Valves, Railways, etc.

With 65000+ installations, operating in 15 countries, the BFW Europe office is the most recent addition to better serve global customers with advanced manufacturing solutions. Through channel partners, a wide sales & service network is available at 48 locations in India including 5 tech centres.

The inauguration event was graced by Dr Eng Yoshiharu Inaba, Chairman, FANUC CORPORATION; Mr Vipin Sondhi, Chairperson of the National Board for Quality Promotion, Quality Council of India and Former Managing Director & Chief Executive Officer of Ashok Leyland & JCB India; Mrs Geetanjali Vikram Kirloskar, Chairperson & Managing Director, Kirloskar Systems Pvt. Ltd, Mr. Akihiro Teramachi, Representative Director, Chairman, and Chief Executive Officer for THK Group and other thought leaders from the industry and over 50 overseas Global partners of BFW and 300+ senior manufacturing professionals representing various clients and supply chain partners.