Coimbatore – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 07 Jun 2024 15:17:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.6 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Coimbatore – Artifex.News https://artifex.news 32 32 Job creation is key for advancement of the country, says Rolls-Royce India president https://artifex.news/article68263937-ece/ Fri, 07 Jun 2024 15:17:45 +0000 https://artifex.news/article68263937-ece/ Read More “Job creation is key for advancement of the country, says Rolls-Royce India president” »

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Kishore Jayaraman, president of Rolls-Royce, India and South Asia, spoke at a session on “Smart Manufacturing” organised by TexasVentures and CODISSIA in Coimbatore city on Friday June 7, 2024.
| Photo Credit: PERIASAMY M

Creation of jobs is key for advancement of the country, said Kishore Jayaraman, president of Rolls-Royce, India and South Asia, in Coimbatore city on Friday.

Speaking at the Global Manufacturing Cluster Vision 2030 conference on Smart Manufacturing, organised by Texas Ventures and CODISSIA as a part of the Intec 2024 industrial fair, Mr. Jayaraman said India has the brainpower and skills. Jobs should be created for these skilled people. The Micro, Small and Medium-scale Enterprises (MSMEs) need to scale up and generate jobs. Industries scaling up capacities is vital for India and job creation is key to advancement. The MSMEs are significant players to generate jobs.

Most of the western world wants to come to India to set up manufacturing capacities because of the skill capability available in the country. Significant number of jobs will be generated when a number of factories grow at the same time, he added.

Mr. Jayaraman pointed out that Coimbatore has some of the well-known large-scale companies that are present here for decades, over two lakh MSMEs, more than 75 engineering colleges, and ₹1.25 lakh crores worth manufacturing annually with ₹45,000 crores worth exports. It has engineering capability, skills, and the ability to scale up. But, it should also be able to talk loudly about its successes, he added.

K. Balasubramanian, chairman of Precision Group of Companies, spoke about the need for inventory management in companies. Sathiya Seelan, vice president – design styling of Ashok Leyland, highlighted the need for particularizing for a stable economy.

Subathra Mylsamy, partner of AK Mylsamy & Associates, and M. Thirumalai Kumar, head of Research Group, Autonomous Systems & Control – India, were the other speakers.



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Make insurance cover for construction workers mandatory for building plan approval in Tamil Nadu : Union https://artifex.news/article68262970-ece/ Fri, 07 Jun 2024 12:47:42 +0000 https://artifex.news/article68262970-ece/ Read More “Make insurance cover for construction workers mandatory for building plan approval in Tamil Nadu : Union” »

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Construction workers are hard at work under the scorching sun. File
| Photo Credit: Karthikeyan G

The Tamil Nadu government should make insurance cover for construction workers mandatory in building plan approval applications, the Tamil Nadu AITUC Construction Workers Union has said.

General secretary of the Union N. Selvaraj told The Hindu on Friday that three construction workers died in accidents at construction sites in and around Coimbatore in the last 10 days. Even if a worker is not registered with the construction workers welfare board, his family will get ₹5 lakh compensation if he dies at the work site. Further, compensation should be paid to the worker’s family – depending on his age – by the property owner under the Workman Compensation Act.

However, most of the owners do not pay this amount. It takes a long time to settle the issue legally too and the family of the worker does not benefit.

Hence, the State government should make it mandatory for those who submit applications for building plan approval to get insurance cover for the workers. Only two public sector insurance companies have such policies. The applicant can take insurance cover for 10 workers or so – depending on the size of the building under construction, pay premium for one year and submit the details when the application is submitted for plan approval. This will benefit the workers, he said.



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Wet grinder manufacturers in Coimbatore move to other businesses https://artifex.news/article67347972-ece/ Tue, 26 Sep 2023 08:53:04 +0000 https://artifex.news/article67347972-ece/ Read More “Wet grinder manufacturers in Coimbatore move to other businesses” »

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Wet grinder manufacturing at a unit in Coimbatore. File
| Photo Credit: M. Periasamy

Festival season, when sale of kitchen equipment peak, does not offer hope for wet grinder manufacturers in Coimbatore.

Manufacturers of the grinders, a product that has Geographical Indication tag, are moving to other businesses as demand has slumped.

R. Soundarakumar, president of the Coimbatore Wet Grinders and Accessories Manufacturers’ Association, told The Hindu on Tuesday, September 26 that the demand used to peak from Dasara and go on till Pongal. The manufacturers in Coimbatore were selling more than one lakh grinders a month. “Now we sell just about 50,000 grinders a month and on an average the total sales is just 30% of what it used to be,” he said.

Of the nearly 200 end product manufacturers, only 80 – 100 manufacturers are continuing business. “The decline started more than six years ago when the government distributed grinders free of cost. We thought business will revive. But, one development after another – GST, COVID-19, etc – has led to complete fall of business,” he said.

‘Consumers now buy idli/dosa batter from shops’

There is no demand for wet grinders because of change in food habits and life style. Most of the consumers buy idli/dosa batter and do not grind batter at home. The demand has fallen across geographies.

The dealers ask for new models regularly. But, the manufacturers require nearly ₹13 lakh to make a die. With fall in demand and business, they find it difficult to make new models of grinders regularly.

Also Read | Wet grinder manufacturers seek support

Though the Central government is implementing from 2004 a cluster project for wet grinder and accessory manufacturers it is practically difficult to make dies through common facilities or take up common marketing, says Mr. Soundarakumar.

The issues that the manufacturers face include 18 % GST on the grinders and shortage in availability of grinding stones. “We have also not raised the issues much because there is no demand for the grinders,” he added.



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