NASH Industries (I) Pvt. Ltd.’s Post

With the metal industry in India witnessing a significant boom in recent years, the demand for Diamond Industrial Chain Products has seen a marked increase. To align product engineering well suited for metal industry applications, Tube Investments of India Limited connected with its customers to gather valuable insights and feedback. The event provided a platform for the company to showcase its latest range of #Diamond Industrial Chain Products and discuss how they can cater to the evolving needs of the metal industry. Tube Investments of India Limited, part of the Murugappa Group remains committed to providing high-quality industrial solutions to its customers in the #metal #industry, and engagement opportunities like these play a crucial role in ensuring we continue to stay at the fore. Follow us to stay in tune with the latest trends in industrial engineering. Srinivas Bandaru, Shubhang Mathur, Vijay Samji, Ravindra Gaikwad, and RokeshKumar Purushothaman. #metalindustry #heavyengineering #indianindustry #india #growth #careers #engineering #manufacturing #jobs #engagement #customer

Delivering world-class industrial services tailored to your needs. Excellence in every detail. . Follow Bansal Industries (India) . . #IndustrialExcellence #WorldClassServices #Manufacturing #Engineering #IndustrialSolutions #Innovation #QualityFirst #IndustryLeaders #efficiency #TailoredServices #FutureHomeschhattisgarh #CommercialDesign #Industry #PreEngineeredbuildings #BansalIndustrie

*🚀 Gala Precision Engineering Limited IPO Key Highlights and Peer Group Comparison 📊* ### 1. 🏭 Company Overview: Gala Precision Engineering Limited specializes in the design, development, and manufacturing of high-precision components used across various sectors, including automotive, industrial, and renewable energy. ### 2. 💼 IPO Objectives: The net proceeds from the IPO will be utilized for the following purposes: - *🏗 Setting up a New Facility:* Establishing a new manufacturing facility at Vallam-Vadagal, SIPCOT, Sriperumbuddur, Tamil Nadu, for producing high-tensile fasteners and hex bolts. An estimated ₹370 million will be allocated for this purpose. - *🔧 Capital Expenditure:* Funding capital expenditure requirements for purchasing equipment, plant, and machinery at the existing facility in Wada, Palghar, Maharashtra, with an allocation of ₹110.69 million. - *💳 Debt Repayment:* Repayment or prepayment, in full or part, of certain borrowings amounting to ₹454.30 million. - *🌐 General Corporate Purposes:* The remaining proceeds will be used for general corporate purposes, including business development initiatives, administration costs, and potential inorganic opportunities. ### 3. 📈 IPO Offer Structure: - *📜 Security Type:* Equity - *💡 Symbol:* GALAPREC - *🗓 Issue Period:* 02 Sep 2024 to 04 Sep 2024 - *💰 Issue Size:* 2,223,830 equity shares - *💸 Price Band:* ₹503.00 to ₹529.00 per share - *💵 Face Value:* ₹10.00 per share - *📦 Market Lot:* 28 shares - *🔢 Minimum Bid Quantity:* 28 shares - *🏦 Maximum Bid Quantity for Qualified Institutional Investors:* 2,218,020 shares - *🏅 Maximum Bid Quantity for Non-Institutional Investors:* 1,584,296 shares - *📊 Tick Size:* ₹1.00 ### *📝 Disclaimer* This analysis is based on publicly available information and is intended for educational purposes. Investors should conduct their own due diligence or consult with a financial advisor before making investment decisions.

Export insights of Brass hardware and machine components! 🌐 Did you know that India’s brass market is making waves globally? 🌐 💡 Our diverse range of brass products, including valves, gears, bearings, fasteners, and fittings to industries like automotive, engineering, and construction finding their way into various applications worldwide. 🌎 The major markets for our brass products? The United States, United Kingdom, and Germany! 🌎 🏭 And guess what? Jamnagar in Gujarat is leading the charge, known for its precision-engineered brass electrical components, plumbing fittings, and industrial parts. Other significant manufacturing states include Mumbai, Moradabad, Delhi, Bengaluru, Ahmedabad, and Chennai. 📈 Here’s a fun fact: India’s brass market registered a growth of 11.27% in value shipments in 2023 as compared to 2022. Despite international brass scrap prices’ volatility and subdued domestic demand, India’s largest brass parts cluster in and around coastal Jamnagar town has registered increasing exports to European and American markets. 🔮 The future looks bright for the brass market in India, serving both domestic and international demands. The versatility, durability, and aesthetic appeal of brass products contribute to market growth. The revival of traditional crafts and the export of brass items also play a role in driving this market. 💼 If you’re in the brass industry or interested in it, let’s connect and explore opportunities together. Feel free to share this post with your network. Let’s put Indian brass on the global map! 🌍 #BrassIndustry #Export #Manufacturing #India #GlobalMarkets #Growth #Networking #letssyncinfinitely #infinitysync #USA #UK #europeanunion #japan

Automotive, electrical, and construction sectors are the major growth drivers of #TamilNadu's glass and #ceramic industry, propelling the overall development of the ceramic sector. Discover more at https://lnkd.in/fqubx-K #StateFocus #InvestIndia #InvestInIndia #InvestInTamilNadu Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

The sheet metal market in India is substantial and growing. As of recent estimates: - Market Size: The Indian sheet metal market was valued at around $15-20 billion in 2022, with expectations of continued growth driven by increased demand in construction, automotive, aerospace, and industrial sectors. - Growth Rate: The market is projected to grow at a compound annual growth rate (CAGR) of about 5-7% over the next few years, reflecting a steady increase in demand. - Demand Drivers: Key factors include urbanization, infrastructure development, and expansion in manufacturing sectors. The push towards renewable energy and technological advancements in manufacturing also contribute to market growth. - Regional Insights: Major hubs for sheet metal production and consumption are in states like Maharashtra, Gujarat, Tamil Nadu, and Punjab, due to their robust industrial bases. These figures indicate a vibrant and expanding market with diverse opportunities for businesses involved in sheet metal fabrication and processing.

Why the "Right Grade" of Steel is Critically Important in the Special Steels Component Manufacturing Business When every point of alloy content impacts the property of steel, selecting the "Right Quality" of Steel is of paramount importance, as the performance of the end product is dependent on that. Why is choosing the "right grade" from the "right mill" important? Actually, choosing the appropriate grade of steel from the right source is not just a matter of compliance; it's a foundation of excellence. Without this match, the risk involved is not just component failure but potentially catastrophic consequences for end-users, especially when the application industry ranges from automobile to aerospace. The Role of a "Genuine Mill Test Certificate" A genuine mill certificate is much more than a piece of paper submitted to the right supply chain partner; it’s a guarantee of quality and a traceability record that the steel you’re using has been manufactured and tested according to the standards required by you. Today, we are entering an era of liability clauses, and this is becoming much more important than ever. The Unparalleled Expertise at Blue Ocean Steels At Blue Ocean Steels, we are not just a link in the entire supply chain; we aspire to be your partners in excellence. Our 40+ team members, who are professionally qualified, collectively bring in hundreds of years of rich experience with India’s top-notch companies; and we all bring in a depth of knowledge and expertise that is unparalleled. Our rich experience ensures we understand the micro-detail requirements for component manufacturers. We put our knowledge to suggest the best combination of grade & mill for the application. Our Service Locations and Tradition of Excellence Our commitment is proven by our track record: serving more than 450 customers Pan-India and having supplied more than 152,000 MT of special steels long product from service centers in Pune, Mumbai, Chennai, Rajkot, Ahmedabad, Ludhiana, and Jharkhand. We always try to keep optimum levels of stocks for our runner customers, ensuring Just in Time service at their doorsteps with the near exact quantity that they require. Partnership Beyond Supply Choosing Blue Ocean Steels means partnering with a team that’s invested in addressing the industry’s challenges through unparalleled quality, expert guidance, and comprehensive tech support. We are more than your suppliers; we’re your strategic partners in achieving manufacturing excellence. Let’s take our relationship to greater heights. Let’s redefine supply chain management on a win-win model. #SteelIndustry #SpecialSteel #QualityAssurance #PrecisionEngineering #StrategicPartnerships #InnovationInSteel #SustainableManufacturing #MadeInIndia #EngineeringSolutions #MaterialScience #GlobalManufacturing #makeinindia

Jamnagar, often called the 'Brass City of India,' has been a hub for brass manufacturing for decades. However, in recent years, the industry has been facing significant challenges. Here's an overview of the key issues and their implications: Problems: Rising Raw Material Costs 📈: Increased prices of copper and zinc are squeezing profit margins. Environmental Regulations 🌱: Stricter environmental laws are leading to higher compliance costs. Labor Shortages 👷♂️: Skilled labor is becoming scarce, impacting production efficiency. Competition from Other Materials ⚙️: Industries are switching to alternatives like aluminum, plastic, and stainless steel. Technological Advancements 📡: Outdated machinery and techniques make competing with more modern manufacturing processes hard. Implications: Reduced Profitability 💸: Higher costs and lower demand hurt the bottom line. Closure of Units 🚪: Some small and medium enterprises are shutting down due to unviable operations. Loss of Employment 🛠️: Many workers lose their jobs as companies downsize or close. Shift in Market Demand 🔄: Consumers prefer materials that are cheaper and more readily available. Examples of Industry Shifts: Plumbing: Moving from brass fittings to plastic alternatives. Automotive: Switching from brass components to aluminum. Electronics: Replacing brass connectors with more cost-effective materials. Share your thoughts in the comments below! 💬 #JamnagarBrass #IndustryChallenges #Manufacturing #EconomicImpact #SustainableFuture #IndustrialShift #MBPIndia #TeamMBP

Automotive, electrical, and construction sectors are the major growth drivers of #TamilNadu's glass and #ceramic industry, propelling the overall development of the ceramic sector. Discover more https://lnkd.in/fqubx-K #InvestIndia #InvestInIndia #InvestInTamilNadu Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog