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Foundries in Coimbatore seek higher prices for products

Foundries in Coimbatore seek higher prices for products Updated: Updated: April 23, 2021 13:55 IST With raw material prices increasing twice a month, the industry is going through a rough time, S. Balraj, chairman of the Indian Institute of Foundrymen, Coimbatore chapter, said Share Article AAA With raw material prices increasing twice a month, the industry is going through a rough time, S. Balraj, chairman of the Indian Institute of Foundrymen, Coimbatore chapter, said Over 700 foundries in Coimbatore that manufacture castings for different verticals of engineering sector are hit by the high raw material prices. Capacity utilisation at the foundries was 50 % in 2019-2020. After September last year, it increased gradually and is at about 80% because of high demand, especially from the automobile sector.

Welcome To IANS Live - LatestNews - PM interacts with oxygen manufacturers, praises them

Photo Credit: IANS IANSLive New Delhi, April 23 (IANS) Stressing on the need to maintain good coordination between the government and the oxygen producers, Prime Minister Narendra Modi on Friday said it is time to not only deal with the challenges, but also to provide solutions in a very short time. The Prime Minister was holding a meeting with leading oxygen manufacturers across the country via video conferencing. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action.

Welcome To IANS Live - NATION - PM interacts with oxygen manufacturers, praises them

Photo Credit: IANS IANSLive New Delhi, April 23 (IANS) Stressing on the need to maintain good coordination between the government and the oxygen producers, Prime Minister Narendra Modi on Friday said it is time to not only deal with the challenges, but also to provide solutions in a very short time. The Prime Minister was holding a meeting with leading oxygen manufacturers across the country via video conferencing. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action.

Welcome To IANS Live - SCIENCE - Apple pips Samsung to take 2nd spot in India tablet market

Photo Credit: IANS IANSLive New Delhi, April 22 (IANS) Riding on the surge in remote work, learning and fun activities at home during the pandemic, Apple dethroned Samsung to take the second position in the India tablet market with a market share of 29 per cent in the January-March quarter of 2021, a new report revealed on Thursday. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter.

American Express quarterly profit beats on over $1-billion reserve release boost

American Express quarterly profit beats on over $1-billion reserve release boost
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