Tag: manufacturing business

  • Top Semiconductor Companies Driving the Future of Tech

    With the growing digital platforms, our lives have become very convenient and amusing. We are an evolving species, continually evolving into a better version of ourselves, and adapting to the world of technology. It’s likely to say that our lives wouldn’t be the same without these digital platforms. It would be a wicked question to ask, can you imagine yourself living with no digital or electrical devices? No, right? Well, you can’t deny the obvious statistics.

    Not only playing, but these devices are an essential part of professional and students’ lives as well. These electrical and digital devices, like smartphones, laptops, iPads, electrical equipment, appliances, and many more, are controlled by a small electrical chip, called a Semiconductor.

    Semiconductors are located between the conductor and insulator to provide the minimal amount of necessary electricity for our devices to function smoothly, and are used by the best electronics company in the world.

    Over the past years, semiconductor companies have evolved into brilliant functioning and power with affordable, cheap rates. Because of the advancements made by the companies, semiconductors have become the foundation of the digital developing world and function conveniently.

    Top Semiconductor Companies
    Top Semiconductor Companies

    Over the past few months, the world has been facing a shortage of semiconductors because of the increasing demand. This has resulted in long waiting periods across many industries, such as cars, appliances, and electronics. Many products have also increased their prices because of this issue. Now that you know how valuable semiconductors are, this article will list the 16 largest semiconductor companies in the world.







    Semiconductor Companies — Key Features & Products


    Company Key Features Key Products
    NVIDIA Leader in GPUs, AI accelerators, data center chips GeForce GPUs, A100/H100 AI chips, DGX systems
    TSMC World’s largest semiconductor foundry; advanced nodes (3nm, 5nm) Foundry wafers (chips for Apple, AMD, NVIDIA, etc.)
    Samsung Top memory chip maker; also makes logic chips and consumer electronics DRAM, NAND flash, Exynos SoCs, displays
    Broadcom Specializes in networking, broadband, and wireless semiconductors Networking ASICs, Wi-Fi/Bluetooth chips, custom ASICs
    ASML Exclusive supplier of EUV lithography machines EUV & DUV lithography systems
    AMD CPUs, GPUs, and AI chips for PCs, servers, and gaming Ryzen CPUs, EPYC server CPUs, Radeon GPUs
    Intel CPUs, integrated graphics, and growing foundry services Core & Xeon CPUs, Arc GPUs, foundry chips
    Texas Instruments Analog chips and embedded processors for industrial uses Analog ICs, microcontrollers, power management ICs
    QUALCOMM Leader in mobile SoCs and 5G modem technology Snapdragon SoCs, 5G modems, RF front-end chips
    Applied Materials Semiconductor equipment and materials engineering Deposition, etch, CMP, and inspection tools
    Analog Devices Analog, mixed-signal, RF, and sensor solutions Signal processors, sensors, power management ICs
    Lam Research Wafer fabrication and etch equipment Etch systems, deposition and cleaning equipment
    Micron Technology DRAM and NAND memory for consumer and enterprise markets DRAM, NAND, SSDs, memory modules
    Synopsys EDA software, verification tools, and semiconductor IP EDA tools, IP cores, verification & security software
    Tokyo Electron Semiconductor manufacturing equipment for front-end and back-end Coaters/developers, etch tools, inspection systems
    SK Hynix DRAM, NAND flash, and high-performance memory for AI and servers DRAM, NAND, HBM (High Bandwidth Memory)


    NVIDIA

    Company Name NVIDIA
    Revenue $60.9 billion (2024)
    Headquarters California, United States
    Market Cap $1.123 trillion
    Top Biggest Semiconductor Companies in the World - NVIDIA
    Top 15 Semiconductor Companies – NVIDIA

    NVIDIA is a leading IT company that is dominating the market with its artificial intelligence hardware and software products. It is one of the largest producers of powerful graphics processing units (GPUs) and is well known for developing integrated circuits. NVIDIA has more than 50 offices worldwide, which hold the strength of 26,916 employees. Its GPUs are used to develop accurate automated solutions for manufacturing semiconductors.


    Nvidia – Changing the World with AI and Graphics
    Nvidia creates parts & systems that use artificial intelligence to improve computer visuals in gaming and other forms of media. Know more about the company here!


    TSMC

    Company Name Taiwan Semiconductor Manufacturing Co.Ltd
    Revenue $90.08 billion (2024)
    Headquarters Hsinchu, Taiwan
    Market Cap $473.10 billion
    Top Biggest Semiconductor Companies in the World - TSMC
    Top Semiconductor Companies – TSMC

    Taiwan Semiconductor Manufacturing Co. Ltd. involves working through an independent pure-play foundation that also formulates integrated circuits. It delivers great quality products and services. This Taiwanese company is also among the leading semiconductor manufacturing companies by market cap. It had 73,090 employees at the end of 2022.

    Samsung

    Company Name Samsung Electronics
    Revenue $207.6 billion (2024)
    Headquarters South Korea
    Market Cap $359.15 billion
    Top Biggest Semiconductor Companies in the World - Samsung
    Top Semiconductor Companies – Samsung

    Samsung Electronics is counted among the largest chip manufacturing companies in the world. It works with around 270,320 employees worldwide. Samsung Electronics ranked first on Forbes World’s Best Employer for 2022. Its semiconductors are brilliantly functioning and are usually used in tablets and smartphones, especially Samsung devices.

    Broadcom

    Company Name Broadcom
    Revenue $51.6 billion billion (2024)
    Headquarters San Jose, California
    Market Cap $358.12 billion
    Top Biggest Semiconductor Companies in the World - Broadcom
    Top Semiconductor Companies – Broadcom

    Broadcom offers a wide range of semiconductors and products based on software infrastructure. It is the largest semiconductor manufacturer with a product line that provides tons of services for networking, wireless, storage, broadband, data centers, and the industrial market. It has 20,000 employees in 30 countries around the world. It delivered the world’s first 50G Automotive Ethernet Switch and announced the availability of the world’s first Wi-Fi 7 Ecosystem Solutions. The semiconductor industry in world is rapidly growing, driven by increasing demand for AI chips, memory, and advanced electronics across multiple sectors.

    ASML

    Company Name ASML Holding Semiconductors Company
    Revenue $30.5 billion (2024)
    Headquarters Veldhoven, Netherlands
    Market Cap $242.74 billion
    Top Biggest Semiconductor Companies in the World - ASML
    Best Semiconductor Companies in the World – ASML

    ASML stands for Advanced Semiconductor Material Lithography, which signifies its specialization in the development and manufacturing of photolithography machines that are used to produce computer chips. It is the largest supplier of semiconductors in the world and the sole supplier of extreme ultraviolet lithography (EUV) photolithography machines. These machines are required to manufacture the most advanced chips.

    AMD

    Company Name Advanced Micro Devices
    Revenue $25.8 billion (2024)
    Headquarters Santa Clara, California
    Market Cap $174.03 billion
    Top Biggest Semiconductor Companies in the World - AMD
    Top Semiconductor Companies in World – AMD

    AMD (Advanced Micro Devices) is an incredible semiconductor manufacturing company that works in computer processing. This company also develops other computing devices such as motherboard chipsets, flash memory, graphics processors, and others.

    Intel

    Company Name Intel
    Revenue $$53.1 billion (2024)
    Headquarters Silicon Valley, California
    Market Cap $162.11 billion
    Top Biggest Semiconductor Companies in the World - Intel
    Top Semiconductor Companies – Intel

    Intel is a popular semiconductor manufacturing company that works with more than 131,900 employees in 46 countries. Intel develops semiconductors with the finest manufacturers of the x86 series of microprocessors that work best in PCs and laptops. Talking of diversity, of its total workforce, 25.9% are female and 17.7% URM.

    Texas Instruments

    Company Name Texas Instruments
    Revenue $15.641 billion (2024)
    Headquarters Dallas, Texas
    Market Cap $149.23 billion
    Top Biggest Semiconductor Companies in the World - Texas Instruments
    Top Semiconductor Companies – Texas Instruments

    Texas Instruments is one of the oldest yet biggest semiconductor companies in the world. With its incredible 90 years of journey, it is obvious with the trends. It produces some of the best and most delicate semiconductors that work incredibly well for customers, and the best electronics companies in the world currently use it.

    It is also rated as one of the best companies to work for. Its 15 manufacturing sites worldwide produce 80,000 products for over 100,000 customers.

    QUALCOMM

    Company Name Qualcomm
    Revenue $$38.96 billion (2024)
    Headquarters San Diego, California
    Market Cap $125.70 billion
    Top Biggest Semiconductor Companies in the World - Qualcomm
    Top Semiconductor Companies – Qualcomm

    Qualcomm is quite a remarkable company that works in manufacturing semiconductors and markets wireless communication products. Several telecommunication companies around the globe use Qualcomm’s patented CDMA technology. Qualcomm has been a crucial part of the development of wireless communications and semiconductors.

    Applied Materials

    Company Name Applied Materials
    Revenue $27.18 billion (2024)
    Headquarters Santa Clara, California
    Market Cap $120.94 billion
    Top Biggest Semiconductor Companies in the World - Applied Materials
    Top Semiconductor Companies – Applied Materials

    Applied Materials has grown exponentially over the years. It also provides semiconductors for flat-screen TVs, computer chips, and solar devices and has become a top semiconductor manufacturer over the years. The company handles some exclusive complex processing to form these products and delivers great service.

    Analog Devices

    Company Name Analog Devices Inc.
    Revenue $9.4 billion (2024)
    Headquarters Wilmington, Massachusetts
    Market Cap $87.78 billion
    Top Biggest Semiconductor Companies in the World - Analog Devices
    Top Semiconductor Companies – Analog Devices

    Analog Devices Inc. is a prominent American multinational semiconductor company that works in the areas of data conversion, signal processing, and power technology. The company is popular for constructing analog, mixed-signal, and digital signal processing (DSP) integrated circuits (ICs) used in electronic equipment. These techniques are used to regulate “real-world” functions such as temperature, speed, sound, and electrical current. ADI has 24,450 employees who are dedicated to ensuring the growth of the company.

    Lam Research

    Company Name Lam Research
    Revenue $14.905 billion (2024)
    Headquarters Fremont, California
    Market Cap $87.28 billion
    Top Biggest Semiconductor Companies in the World - Lam Research
    Top Semiconductor Companies – Lam Research

    Lam Research is a leading company that manufactures advanced semiconductors. It works around the globe, including Japan, China, Taiwan, Korea, and Europe. Besides this, it also delivers some great products such as wafer cleaning, film deposition, and more. It had 17,200 employees in 2023, an 8.2% decline from 2021.

    Micron Technology

    Company Name Micron Technology
    Revenue $25.11 billion (2024)
    Headquarters Boise, Idaho, US
    Market Cap $77.60 billion
    Top Biggest Semiconductor Companies in the World - Micron Technology
    Top Semiconductor Companies – Micron Technology

    Around the globe, Micron Technologies is the only company that manufactures semiconductors based in Idaho. It specializes in data storage and data processing for computers. Over the years, this company has remained at the top as it has developed some incredible and impressive products. Micron Technology has 40,000 employees in 17 countries.

    Synopsys

    Company Name Synopsys
    Revenue $6.127 billion (2024)
    Headquarters Mountain View, California
    Market Cap $71 billion
    Top Biggest Semiconductor Companies in the World - Synopsys
    Top Semiconductor Companies – Synopsys

    Synopsys is a well-known electronic design automation (EDA) company that supplies tools and services to the semiconductor design and manufacturing industry. The company focuses on silicon design and verification, silicon intellectual property, and software security. Synopsys has a widespread network around the globe with its offices located across 18 European countries and employs 19,000 employees worldwide.

    Tokyo Electron

    Company Name Tokyo Electron
    Revenue $12.09 billion (2024)
    Headquarters Minato City, Tokyo
    Market Cap $66.87 billion
    Top Biggest Semiconductor Companies in the World - Tokyo Electron
    Top Semicon Companies – Tokyo Electron

    Tokyo Electron Limited (TEL) is one of the world’s largest manufacturers of semiconductor production equipment. Tokyo Electron has a brand reputation as a supplier of the best fabricated integrated circuits, photovoltaic cells, and flat panel displays. Tokyo Electron Devices (TED), a subsidiary company of TEL, is popular for its specialization in semiconductor devices, electronic components, and networking devices. TEL has 26 group companies with over 15,140 employees worldwide.

    ‘Semiconductor Manufacturing Process’ Explained | ‘All About Semiconductor’ by Samsung Semiconductor

    SK Hynix

    Company Name SK Hynix
    Revenue $45.97 billion (2024)
    Headquarters Icheon, South Korea
    Market Cap ≈ $157 billion
    Top Biggest Semiconductor Companies in the World - SK Hynix
    Top Semiconductor Companies – SK Hynix

    SK Hynix is the world’s second-largest memory chip maker after Samsung, supplying DRAM, NAND flash, and multi-chip packages used in PCs, servers, smartphones, and consumer electronics. The company holds over 20% of the global DRAM market and is already mass-producing advanced 128-layer and 176-layer 4D NAND flash chips. With major fabs in South Korea and China, it also provides specialty foundry services for image sensors and display driver ICs. SK Hynix has committed $97 billion to fab expansions and upgrades through 2025, while also expanding into high-performance and AI-driven memory to support the fast-growing demand from cloud, data centers, and next-generation devices.

    Conclusion

    Life without electronic devices is hard to imagine. They have become an important part of our lives to make every task handy. Technology is evolving every day, and to keep up with that, the right semiconductor is required in our electronic devices. Through this article, we presented the top 15 biggest semiconductor companies in the world that provide the best facilities and advanced features to meet the increasing demand for semiconductors.

    FAQs

    Is the semiconductor industry dying?

    In 2019, the global semiconductor industry suffered, and its revenue fell 12% to $412 billion but it returned to growth in 2020. In 2021, global semiconductor sales reached $595 billion and grew to $618 billion in 2022.

    How big is the semiconductor industry?

    The global market size of the semiconductor industry was $618 billion in 2022 and is expected to reach $596 billion in 2023 (a fall of 3.6%).

    Which company manufactures the most semiconductors in the world?

    Taiwan Semiconductor Manufacturing Co. TSMC manufactures the most semiconductors in the world. TSMC has emerged over the past several years as the world’s most important semiconductor company, with enormous influence over the global economy.

  • How to Analyse the Location for Your Business?

    The location of your business determines how much money you will save while running the business. Depending on the type of business you have, you need to figure out a number of things that directly impact your pocket. Analyzing the location that suits your business needs is one of the important factors that every business owner should consider.

    Here is a detailed and to-the-point article to help you to decide the best location for your business. So, without further ado let’s get started.

    Factors Affecting Business Location

    There are many factors that can influence your business location decision, and the success of your business depends on each decision you make. So despite talking about so many influential things, the three major factors that influence the business location are

    • Proximity to labour
    • Proximity to consumers
    • Proximity to raw materials

    Proximity to labour refers to how close your business is to having the skilled workers you want in your business. For example, some companies want so many labourers to work in their firm and to fulfil this requirement they set up their plant near a location where they can get skilled labours at a cheaper rate.

    The most prominent example of this is Bengaluru, where most of the IT companies are headquarters. IT companies choose Bengaluru because they easily get a relevant skilled workforce to work with them. Companies do not need to take care of the accommodation for the employees if they are local. The same is true for the IT hub in California.

    Similarly, proximity to consumers is for businesses that want to position themselves closer to their target customers. Proximity to materials for businesses that require extensive raw materials to use in their firm. The closer your business is to your requirement the more money you will save and earn while running the business.

    Nature of Your Business: Retail, Manufacturing and Service-Based

    Just like a doctor who recommends various tests and after analysing the test report, prescribes the medicine. Similarly, you also need to know your business in-depth, and based on the requirement of your business, choose the location. The first thing which should be recognized is the nature of your business.

    So to analyse the best location for your business we have categorised the business into three types based on its nature and evaluate each business with three parameters of proximity to labour, consumer, and material.

    Location for Retail Business

    If your business is a kind of Retail business then it needs to be closer to its consumers. The priority of this kind of business is to supply all the essential goods to consumers in a feasible way. You can find a relevant crowd for your business by analysing the people around your desired business location and identifying their needs. If their daily requirement supports what you sell, then that location is good for you.

    For the retail category, the area should be crowded and busy. If that area is suitable for your business then it might be suitable for other retailers also, hence you can see your competition nearby. Proximity to labour and proximity to material doesn’t play an important role for this kind of business but proximity to its consumer is the most important aspect.

    For example, restaurants and cafes need to be situated near a busy area where there is a sufficient crowd.

    Location for Manufacturing Business

    Proximity to raw materials is the most critical factor for manufacturing businesses as it saves a lot of money and time in transportation and storage. Manufacturing businesses may also be located near the place where they get skilled labour at a cheaper rate. This is the reason, most manufacturers build their plants outside the town and cities.

    In India, most of the manufacturing businesses like iron and steel plants are situated in the state of Jharkhand, West Bengal, Odisha, and Chhattisgarh in the cities like Jamshedpur, Bokaro, Bhilai, Rourkela, etc. The reason is simple, easy accessibility to raw materials and labour. Proximity to customers is not the most influential factor for such kind of business.

    Location for Service-Based Business

    Service-based business is not material-intensive hence it doesn’t need to be set up outside the city and towns. You will find restaurants, cafes, schools, colleges, carpenter shops, etc within your city. Location may vary depending on the service your business provides, for example, if you are a videographer you don’t need to think much about your location but if you are a restaurant owner then location is very important.
    The location of the service-based business should be closer to its customers, the other two factors (labour and material) don’t have that much influence.

    Impact of the Internet: eCommerce Business

    The Internet has changed the way of doing business. Today, so many businesses have their existence just because of the internet. One of the most well-known examples is the Ecommerce business.

    The target customers for this business are not limited to any particular region rather the seller can sell their product to anyone across the country. The market is open and possibilities are limitless. Location doesn’t matter a lot for such kind of business as it can be operated from anywhere.

    Demographics and Purchasing Power of Customers

    Every business owner should be aware of the demographics of their audience, and businesses should be near their potential customers. A successful business knows, who is the target customer and what they like to consume.

    The revenue you generate will depend on the customers visiting your store and their purchasing power. If people in an area have more purchasing power then they consume more goods and more services.

    Therefore, having an idea of the demographics and purchasing power of your potential customers around your business location would be beneficial for your business.

    The Demand for Products and Services

    What will happen when you open a non-veg restaurant in an area where everyone is vegetarian? Of course, this will affect your sales and therefore your revenue.

    There must be demand for the product or service you sell at your desired business location. This aspect should be considered as it affects the overall sales volume. Demand determines the price you can charge for the product, if demand is high you can charge more and if demand is low then you have to charge low.

    Conclusion

    It becomes very important to choose the best location for your business as it has the potential to affect your business revenue in the long run. So take your time to analyse the location of your business and consider all the points mentioned above.‌‌

    When you are just starting out, be smart and secure the place to operate your business. Also, keep in mind that your location may vary depending on the type of business and industry you are in.

    FAQs

    How to choose the right business location?

    Consider the following factors before choosing the best business location

    • Competition
    • Demographics
    • Foot traffic
    • Infrastructure
    • Overhead costs

    Is Location plays an important role in the success of your business?

    Yes, location plays an important role in business development and profit-making as it directly influences the condition and environment of your business.

    What kind of location would be best for your business?

    The key to finding and choosing a good location is to evaluate factors such as footfall, labour and raw material availability as it will increase the number of customers and lower the cost of functioning.

    What are the factors that affect the business?

    The following are the factors that can affect the business

    • Proximity to labour
    • Proximity to consumers
    • Proximity to raw materials
  • How To Start Aluminum Foil Manufacturing Business in 2022

    Packaging in today’s world has emerged as an integral part of brand promotion. Aluminum is a metallic element that is available throughout the globe. Aluminum was used to make vessels, tins, tubes, etc. but it is also used for foil sheets and containers for packaging food and other articles.

    The aluminum foil manufacturing business seeing a steady GDP growth in recent years. Aluminum foils are produced by continuously casting and cold rolling aluminum sheets. They are prepared in thin metal leave. Aluminum foil sheets are rapidly used in the manufacturing of various kinds of containers as per packaging requirements.

    Consumers can heat or freeze food items in the foil container directly. The global aluminum foil market size is valued at 24.54 US Billion dollars for the year 2021. The global aluminum foil packaging market is estimated to grow at a CAGR of 5.5% from 2022-2030.

    Consumption of aluminum foil is growing fast in India. Consumers can directly heat or freeze food products in the foil container. To overcome the demand for aluminum foil in India, there is an introduction of a new aluminum manufacturing plant in Jaitapur, Indore. To make it successful, USD 5.6 billion has been approved by the board of SRF.

    Key Properties of Aluminum as Packaging Material
    Advantages of Using Aluminum Foil Container
    Requirements
    Production of Aluminum Foil
    Printing and Embossing
    Using Aluminum Foil as a Laminate
    Aluminum Metalized Films

    Key Properties of Aluminum as Packaging Material

    Property Advantages
    Appearance Bright, reflective gloss makes for an attractive appearance
    Stability When exposed to air, aluminium forms an oxide layer that prevents further oxidation. It is also inert and does not form toxic compounds when exposed to most chemicals, including most foods and cosmetics
    Barrier Properties Heavier gauges form a complete barrier to gases and water. Aluminium reflects light, making it a suitable material to protect light-sensitive products
    Hygienic Properties Aluminium’s smooth metallic surface is non-absorbent. It can be easily cleaned and sterilised
    Formability Aluminium’s ductility makes it easy to form. It has excellent deadfold properties. Its friability (ability to crumple) makes it useful for blister packaging
    Conductivity Aluminium conducts electricity and heat, making it useful for applications such as induction heat sealing of containers
    Recyclability Aluminium can be recycled at relatively low cost (recycling requires about 5% of the energy required to refine aluminium)


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    Advantages of Using Aluminum Foil Container

    There is more than one advantage of using aluminum foil containers as alternatives to other materials. Because of this only the need for aluminum foil is increasing day by day. Given below are some of the most common advantages of using an aluminum foil container.

    Recycling and Recovery

    The use of aluminum can be proved as an environmentally safe solution for plastic. As aluminum is easily recycled and has no higher toxic danger to the environment. Overall aluminum foil can be counted as an eco-friendly material.

    Formability and Strength

    Aluminum has a good strength under its characteristics. Aluminum foil is nothing else but aluminum only. Hence they also carry good strength and formability under their characteristics.

    Heat performance of the product

    An aluminum foil container can successfully preserve the temperature of the product to a great extent. They are quite common to use for keeping food items hot.

    Decorative characteristics

    Aluminum foil can also be used as a decorative alternative due to them being easily molded in the shape as per the need.

    Safety and product security

    Aluminum has higher strength than a few other materials. Hence, the strength provided by aluminum foil is better than others. It also provides good security to the product and saves them from any additional damages.

    Chemically neutral and non-toxic

    Aluminum foil is void of any toxic chemicals in it that can be found naturally within it or can be introduced while the manufacturing process. However, aluminum foil is so safe that it can be used as a covering material for food products due to its nontoxic nature.

    Light in weight making it easy and economical to transport

    Aluminum foil is a light weighted product. And hence easy to carry and transport from one place to another. This characteristic of aluminum foil helps most in its use for day-to-day life and makes transporting easier of the foil.

    Can be printed, coated or embossed

    aluminum foil can be printed, coated, or embossed as per the requirement. All these procedures can be successfully applied to aluminum foil without any issue.

    The Above Graph Shows Market for Aluminum Packaging in Percentage
    The Above Graph Shows the Market for Aluminum Packaging in Percentage 

    Requirements

    Aluminum foil is used in many day-to-day activities. It also has a definite plan for the manufacturing of aluminum foil. The requirements for an aluminum foil manufacturing company can be divided into two parts.

    The first part will include the machinery requirements whereas the next part will include the raw materials.

    The basic machinery requirements are  Aluminum foil container machine – Single cavity, Decoiler (Max foil width: 450mm. Nsk bearing), Control cabinet, Press for a single cavity, Air compressor, Counter & Stacker, Mold lifter, Scrap collector, Collecting table, Mould/dies.

    The raw material requirements can vary on many factors. The basic requirements are Aluminum alloy, Lubricants, Packaging materials, etc.

    Production of Aluminum Foil

    Aluminum foil is typically less than 150 mm in thickness. A typical water vapor transmission rate (WVTR) for 9 mm foil is 0.3 g/m2 per 24 hours at 38°C and 90% RH. As thickness is reduced, foil becomes more vulnerable to tearing or pinholing.

    The most economical means of manufacturing reroll stock. The system continuously feeds, casts, chills, and coils the reroll stock. After the foil stock has been manufactured, it must be further processed on a rolling mill. The work rolls have finely ground and polished surfaces to ensure a flat, even foil with a bright finish.

    Aluminum reroll foil stock
    Aluminum reroll foil stock

    Each time the foil stock passes through the rolling mill, it is squeezed, its thickness is reduced and its length increases, but its width remains the same. This means the required width for the final foil product must be set at the beginning of the process. The addition of lubricants to the aluminum surfaces also maintains the workability of the material.


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    Foil Finishes, Coatings, and Lacquers

    Rolling produces two natural finishes on foil: bright and matte. The foil surfaces in contact with the work rolls are polished to a bright and shiny finish. If thinner foils are rolled together, the foil-to-foil face of each web develops a satin-like matte finish.

    Other finishes can be produced with special patterns on the work rolls or, more commonly, by using separate or in-line mechanical finishing machines. See the below table

    Type of finish Description
    Bright both sides Uniform bright specular finish, both sides
    Extra-bright both sides Uniform extra-bright specular finish, both sides
    Matte one side Diffuse reflecting finish, one side
    Matte both sides Diffuse reflecting finish, both sides
    Embossed Pattern impressed by engraved roll or plate
    Annealed Completely softened by thermal treatment
    Chemically cleaned Chemically washed to remove lubricants
    Hard Foil fully work-hardened by rolling
    Intermediate temper Foil temper between annealed and hard

    In most packaging applications, aluminum foil is combined with other materials such as coatings, inks, papers, paperboards, and plastic films. A very useful characteristic of aluminum foil is that it can readily accept many different types of coating materials such as inks (for printing), varnishes and lacquers (for embossing), adhesives, and polymers (for heat sealing, etc.).

    Coatings generally can be classified as protective or decorative. Protective functions for coatings include:

    • Making the foil more heat-resistant
    • Increasing tensile strength
    • Increasing resistance to potentially corrosive agents
    • Enhancing the barrier properties of low gauge foil
    • Increasing resistance to scratching or scuffing
    • Increasing the UV resistance of a printed foil

    Printing and Embossing

    If the foil is to be printed, it is important to be aware that its glossy surface may make small print difficult to read. The reverse type is best avoided unless it is large. It is sometimes necessary to print a matt white background on which black type will be more visible. It is given a primer or washes coat to ensure a clean surface and to provide a foundation for the ink.

    Aluminum foil is particularly suited to embossing. This gives both a three-dimensional quality to a design and increases the number of reflective surfaces able to reflect light to create a more eye-catching effect. It also increases stiffness and allows cut pieces of foil to be easily separated.

    aluminum foil embossing | aluminum foil printing
    aluminum foil embossing | aluminum foil printing

    Using Aluminum Foil as a Laminate

    Lamination involves combining sheets of different materials into a single layer, using a mixture of adhesives, pressure, and sometimes temperature to bond the materials together. Aluminum foil is laminated on web-fed rotary equipment which sometimes includes a coating unit to add further protection.

    Four methods are used to laminate aluminum foil named Wet bonding, dry bonding, extrusion bonding, and hot-melt bonding.


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    Aluminum Metalized Films

    Example of aluminum metalized films
    Example of aluminum metalized films

    Aluminum is the only metal used for vacuum metalizing in packaging applications. Initially used for decoration, is now widely used in flexible packaging. It improves the points like gas and moisture, creates better barrier properties, it allows good heat and light resistance with better electrical conductivity.

    Metalized films are often a component in a laminate. Batch processing is the most widely used approach to metalizing. Typical examples of laminates using metalized films are shared below.

    Product Type of laminate
    Coffee 12 mm metallised BON/50 mm LDPE
    Savoury snacks 18 mm OPP/adhesive/18 mm metallised OPP
    Condiments/spices 12 mm metallised PET/38 mm MDPE
    Bag-in-box wine 50 mm ionomer/12 mm metallised PET/75 mm EVA
    Biscuits OPP/18 mm metallised OPP
    Medical products paper/adhesive/18 mm metallised OPP/ionomer
    Cold meats metallised PET/PE

    Conclusion

    The popularity of aluminum foil, especially for flexible packaging, will continue to grow. Even aluminum foil is being scrutinized in regard to its environmental ‘friendliness.’ Hence, manufacturers are increasing their efforts in the recycling area.

    Aluminum foil also uses less energy during both manufacturing and distribution. The global demand for aluminum foil is forecast to report strong growth driven by consumption in major emerging markets. More growth opportunities will turn up between 2019 and 2025 as compared to the past five years.

    FAQs

    What is the raw material for aluminum foil?

    Aluminum foil is made up of aluminum alloy. The alloy used for making the foil has 92-99 percent aluminum.

    Who invented aluminum foil?

    Aluminum foil was introduced in the year 1825 by Hans Christian Oersted.

    What is the difference between aluminum foil and tin foil?

    The differences between the two can be listed under many categories. However, the main difference between both of them is that aluminum foil is made up of aluminum whereas tin foil is made from tin.

    Does aluminum foil expire?

    Aluminum foil is made from aluminum alloy and hence no possible expiration date to it.

  • How to Start a Jute Bag Making Business?

    Jute bags are used for shopping purposes. Our environment today is polluted to an extreme level. Nowadays, printed jute bags are used for shopping purposes too. Jute is a long, soft, shiny vegetable fibre. It is also popularly known as Golden fibre. Currently, it is one of the strongest all-natural fibres available throughout the globe. Jute fibre is reusable and biodegradable. Starting a jute bag-making business is a great decision to start. It is also a profitable business because the usage of jute bags has excessively increased over the last year. People nowadays carry these bags as a style trend.

    There are several different types of bags that are very popular in the market. A recent study has shown that the general public has become very bored with carrying leather bags. The jute bag-making process is simple. Any individual can start this business even from home. Furthermore, this is a great opportunity for women, housewives, and mothers too. In this article, we will discuss how to start a jute bag-making business.

    Know the Different Types of Jute Bags
    Identify the Demand of Jute Bags
    Jute Bags Business Planning
    Choosing Location of Your Business
    Register Your Jute Bag Making Business
    Steps Involved in Jute Bags Making
    Raw Materials Used in Jute Bag Making
    Types of Machinery for Jute Bag Making Business
    Marketing Strategies of Jute Bag Business

    Know the Different Types of Jute Bags

    Before starting and making a jute bag business plan, you should know the different types of Jute bags you can manufacture. There are numerous types of jute bags you can find in the market. According to lamination or lining, there are three different types of bags.

    • Unlaminated – Biodegradable
    • Laminated – Food Grade LDPE, splash resistant, wipe clean
    • Muslin Lined

    A jute bag comes in several different handle options. These are as follows:

    • Jute Handles
    • Flat Cotton Strap
    • Cotton webbing, filled with rope
    • Cane Handles
    • Drawstring
    • Rope with eyelets

    Various Usage of jute bags:

    • Students use jute bags to carry books to school or college
    • Women use jute bags as stylish handbags nowadays
    • These are used to carry lunch to work
    • Jute bags can be used for travel and transport purposes
    • These bags are used for promotional purposes as well
    • Jute bags are versatile and can be used as gift bags
    • These bags are used as shopping bags all over the world
    • It is used for transferring products from one place to another

    Identify the Demand of Jute Bags

    Global Jute Bag Market
    Global Jute Bag Market

    Jute has properties like low thermal conductivity, remarkable insulation, and moderate moisture retention. So Jute bags are strong enough to pack bulk goods. The growing environmental concerns have also increased the customer’s inclination toward natural and biodegradable products like jute bags.

    As per industry estimates, India has exported millions of jute bags mainly to Europe. The production of this item which is mainly in the micro and small enterprises has picked up substantially in the last few years. There is a big scope globally for Indian jute shopping bags as an alternative to plastic bags. India holds the majority of shares representing the leading producer of jute bags. Additionally, the benefits offered by jute bags such as their biodegradability, durability, low cost, high strength, etc. have supported the market growth.

    According to a survey, the jute bag market value had touched $ 1.9 Billion in the year 2020. Jute bags recorded an 11.5% CAGR from 2011 to 2018. The global jute bag market size reached $ 2.3 Billion in 2021. The market is expected to reach $ 3.3 Billion by 2026, exhibiting a CAGR of 9.4 % from 2022 to 2027.

    Jute Bags Business Planning

    When you start any business there are various things you need to consider. Whether you are in the beginning stages of starting your own business or planning on taking it to the next level, you will need a clear and informative business plan. You need to ask yourself, Where do I want it to go? What will my business look like? A business plan will provide readers with all types of information they need to understand your business’s purpose and capabilities. You have to be willing to add, edit, or even remove certain portions of your business plan when new information becomes available.

    Choosing Location of Your Business

    Choosing a business location is all about setting your business for success. You need to put careful thought into where you want to establish your Jute bag business.

    Some tips for choosing a good location:

    • Before you start looking for a business location you need to create a business budget for your expenditure.
    • Before you buy or rent a building, check out the surrounding neighbourhood.
    • Part of your business location strategy should be based on the amount of competition in the area.
    • Consider the potential growth of your company when choosing a location for the business.
    • Consider how easy it is for customers to reach the Jute business location.
    • Before you purchase a location for business, find out how it is zoned.

    Register Your Jute Bag Making Business

    For a very small startup, you can look for a proprietorship company. However, you may also go with the partnership, LLC, or INC companies according to your business size and investment model. Generally, this type of business plan doesn’t demand any specific licenses from the Government authorities. In India, National Centre for Jute Diversification (NCJD) and Jute Manufacturers Development Council (JMDC) offer training on jute bag making.

    Steps Involved in Jute Bags Making

    The process of manufacturing jute bags is very simple and does not require the use of heavy machines. Below are the steps involved in jute bag making:

    • Buy woven jute fabric rolls from wholesalers or directly from manufacturers.
    • Laminate the jute rolls. Jute bags can be sold with lamination or without lamination.
    • Spread the jute fabric roll on a table and fix it.
    • Cut the jute rolls to the required size and shape.
    • Print the designs, logos, or text on the jute roll pieces.
    • Wash and dry the printed jute fabric pieces.
    • Stitch the cut pieces of jute roll using a heavy-duty sewing machine.
    • Attach the handles, buckles, zips, etc.
    • Pack the jute bags for marketing.

    Raw Materials Used in Jute Bag Making

    India and Bangladesh are the top producers of jute fibre. In India, West Bengal accounts for 50% of the country’s total jute produce. So, source your raw materials from reasonable and genuine jute mills.

    The raw materials used in jute bag making are:

    • Jute fabric
    • Dyes
    • Printing gum
    • Sewing thread (preferably nylon)
    • Chemicals and auxiliaries
    • Handles
    • PVC buckles
    • Packing materials
    • Labels

    Types of Machinery for Jute Bag Making Business

    Jute bag manufacturing does not require high-end technology machinery. It all depends on the scale and type of bags. To make a printed jute bag, the following machinery is required.

    • Working table
    • Lamination machine
    • Printing Table
    • Screen printing machine
    • Dye Paste Stirrer
    • Water Drum, tubes, mugs, clips, etc.
    • Cottage Steamer
    • Electric Fittings
    • Scissors and measuring tape
    • Cutting machine
    • Heavy-duty Sewing machine
    • Regular sewing machine
    • Nylon thread
    • Lockstitch Machines
    • Side Sealing Machine

    Marketing Strategies of Jute Bag Business

    Marketing strategies are the processes by which companies create customer interest in goods or services. Marketing draws out the hidden wants of customers and creates new demand. It enlarges the market and enables the producers to increase production and earn more profits. Because of marketing so many other activities such as banking, transport, insurance warehousing, etc. get a boost as they are needed more help in the marketing process.

    Some techniques of marketing Jute Bag Business:

    • Word of mouth
    • Comprehensive website
    • Social marketing
    • Direct marketing
    • Major festivals
    • Online shopping sites
    • NGO tie-ups
    • Local tie-ups
    • Corporate gifts
    • Conferences and seminars

    Conclusion

    Starting any kind of business needs patience and hard work. Getting into the business of making jute boxes is not something different. With people being conscious about the environment, and inclining toward jute bags, the market has experienced definite growth. So, it is clear that the market for jute bags will keep rising in the future as well.

    FAQs

    What raw materials are needed for making jute bags?

    The raw materials needed for making jute bags are:

    • Jute fabric
    • Dyes
    • Printing gum
    • Sewing thread (preferably nylon)
    • Chemicals and auxiliaries
    • Handles
    • PVC buckles
    • Packing materials
    • Labels

    Which country is the top exporter of jute bags?

    India is the top exporter country of jute bags.

    What products are made from jute?

    The major manufactured products from jute fibre are:

    • Yarn and Twine
    • Bags
    • Sacking
    • Hessian
    • Carpet Backing Cloth
    • Textile Blends

    Which are the top Jute producing countries in the world?

    India and Bangladesh are the top Jute producing countries in the world.

  • Success Story of Yamaha Motor – How it Started & Became a Market Leader

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Yamaha Motor.

    Indian’s love for two-wheelers is not unknown. As per reports by ReaserchAndMarkets, com, the sales volume of two-wheelers in India is expected to rise to 24.89 Million units by 2024, from 21.19 Million Units in 2019. India is one of the largest Motorcycle Markets in the world. Another 2019 report claims that the two-wheeler market in India is mostly dominated by motorcycles, as motorcycles occupy two-thirds of the two-wheeler market segment in India, followed by scooters and mopeds.

    When it comes to two-wheelers, one Japanese brand that Indians are really loving is Yamaha. Yamaha Motor forayed into India in 1985, and since then the company has become a popular name in the Indian two-wheeler market. Here is the Story of Yamaha Motor.

    Company Name Yamaha Motor
    Headquarters Shizuoka, Japan
    Sector Automotive
    Founders Genichi Kawakami
    Founded 1955
    Website yamaha-motor.com

    About Yamaha Motor
    Yamaha Motor – Startup Story
    Yamaha Motor- Founder and CEO
    Yamaha Motor – Tagline and Logo
    Yamaha Motor – Revenue Model
    Yamaha Motor – Competitors
    Yamaha Motor- Growth & Future Plans

    About Yamaha Motor

    Though well known in India as a two-wheeler manufacturer, Yamaha Motors is more than a two-wheeler manufacturer. Apart from scooters and motorcycles, Yamaha Motors manufactures motorized products and marine vehicles as well. Yamaha’s wide range of products includes scooters, motorcycles, motorized bicycles, sailboats, water scooters, fishing boats, outboard motors, 4-wheeler ATVs(All -Terrain-Vehicles), racing cars, water pumps, drones.

    Yamaha Corporation which was the parent organization of Yamaha Motors, and still is a major shareholder in Yamaha Motors offers a wide range of products and services too. Yamaha Corporation products include various network devices, unified communication solutions, automobile interior components, and various electronic components and devices.


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    Yamaha Motor – Startup Story

    The history of Yamaha Motor dates back to 1897 when Nippon Gakki Co. was formed. Nippon Gakki Co. was established as a reed organ (a kind of musical instrument) manufacturer by Torakusu Yamaha. In 1900, the company also started manufacturing pianos. Nippon Gakki Co was renamed Yamaha Corporation in 1987 after the name of its founder Torakusu Yamaha. Starting as a manufacturer of musical instruments, Yamaha grew to become one of the leading manufacturers of electronic items as well.

    During World War 2, Nippon Gakki Co. was manufacturing aircraft propellers and other war-related equipment. After the war ended, and Japan regained its sovereignty in 1952, the then President of  Nippon Gakki Co., Genichi Kawakami started to look for ways to put the machines the company used during world war to some good use. After going through several ideas, it was decided that Nippon Gakki Co. will now start manufacturing motorcycles. Motorcycle engineers at Nippon Gakki started developing its first motorcycle by taking inspiration and references from German manufacturer DKW. In 1954, Nippon Gakki’s first prototype of the “YA-1″ motorcycle was complete. In February 1955, Nippon Gakki Co.’s YA-1 motorcycles were out in the market for sale.

    On July 1st, 1955, the Motorcycle division was separated from Nippon Gakki Co. and was renamed Yamaha Motor Co. Ltd.

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    Yamaha Motor- Founder & CEO

    Founder, Yamaha

    Genichi Kawakami was the eldest son of Kaichi Kawakami who was the President of Yamaha (then Nippon Gakki Co.) since 1927. Genichi graduated from Takachiho College of Commerce. Genichi joined the Nippon Gakki Co. in 1937. Genichi was the person behind the inception of Yamaha Motors. He served as the president of Yamaha Corporation(then Nippon Gakki Co.) from 1950 to 1977 and again from 1980 to 1983. Genichi wrote several books on music and is also the man behind starting Yamaha Music Schools. Yamaha Music Schools is present across 40 countries now. Genichi quoted “If you’re going to do something, be the best.” and his works were guided by this very philosophy.

    Currently, Yoshihiro Hidaka is the CEO of Yamaha Motor. Yoshihiro joined Yamaha Motor in 1987 and took charge as a CEO in 2018.


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    Yamaha Motor’s tagline is, ‘Revs your Heart‘.

    Logo, Yamaha

    Yamaha’s logo depicts three tuning forks. The logo as per Yamaha’s official site represents the three main pillars of Yamaha’s business i.e, Technology, Production, and Sales. The Tuning Forks also marks Yamaha’s leadership in the field of Music. The three tuning forks symbolize Melody, Harmony, and Rhythm, which are the three essential elements of music.    

    Yamaha Motor – Revenue Model

    Yamaha Motor’s main sources of revenue include:

    • Revenue from the sale of products like two-wheelers, boats and marine vehicles, drones, engines, robotic products, golf cars, snowblowers, electric wheelchairs, etc. Yamaha Motors also sells various biking apparel and accessories.
    • Revenue from the sale of spare parts.
    • Revenue from After-sales service.
    • Revenue from financial services like sales finance and leases related to the company’s products.

    Yamaha Motor products are available through dealers. In India alone, Yamaha Motor has over 2200 customer touchpoints and more than 500 dealers. Customers can book the vehicles online. Yamaha’s spare parts and engines can be bought online.


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    Yamaha Motor – Competitors

    The top competitors of Yamaha Motor are Honda, Harley Davidson, Royal Enfield, and Ducati.

    Honda

    Honda is the top competitor of the company Yamaha. The company is headquartered in Minato-ku, Tokyo, Japan, and was founded in 1947. As of 2019, Honda became the world’s largest manufacturer of motorcycles, as well as the world’s largest manufacturer of internal combustion engines.

    Suzuki

    Suzuki Motor Corporation is one of the top competitors of the company Yamaha. The company is headquartered at Hamamatsu-shi, Shizuoka, and was founded in 1909. Suzuki deals in automobiles, motorcycles, ATVs, marine engines, etc.

    Harley Davidson

    American motorcycle manufacturer Harley Davidson. It is not only one of the largest motorcycle manufacturers but also has a loyal fan following.

    Royal Enfield

    Indian multinational motorcycle manufacturing brand Royal Enfield is one of the oldest global motorcycle brands that are still in production. The first Royal Enfield was manufactured in 1901.

    Ducati

    Audi-owned Ducati is yet another popular motorcycle manufacturer.

    Yamaha Motor – Growth & Future Plans

    Yamaha Motor is one of the largest sellers of motorcycles and water vehicles. Yamaha Motor today sells its products in 180 countries and regions outside Japan. The company has 132 consolidated subsidiary companies, 4 non-consolidated subsidiaries, and 28 affiliates as of December 2021.  Yamaha Motor is maintaining a constant increase in revenue. In 2018 Yamaha Motors reported annual revenue worth $15.226 Billion. While in 2019, the annual revenue increase by 0.59% to reach $15.316 Billion. However, the company too suffered due to the Covid 19 led crisis, which led to a decrease in annual revenue. In 2020, Yamaha Motor’s revenue stood at $13.83 Billion, and in 2021, it stood at $11.724 billion, which is a sharp 9.7% decline from the previous year.

    In India, Yamaha Motor reported a 33% growth in sales in December 2020, as compared to December 2019. In January 2021, also Yamaha reported a 53.57% growth in sales as compared to January 2020. From July 2020 to December 2020, Yamaha Motors India reported 40.61 % Month-on-Month Growth. In the year ending 31st December 2020, India Yamaha Motor reported revenue of over 500 Cr in  INR.

    Regarding the future plans of the company, Yamaha Motor India wants to capture around 9% of the two-wheeler market segment from its current 4% share. To achieve this Goal, Yamaha Motor India is working to strengthen its product portfolio and introduce new products in the 125cc scooter and 150cc and 250cc motorcycle categories.  Besides opening new retail outlets, Yamaha Motors India is also planning to organize more on-ground activities to let its customers test-drive and take a feel of the company’s products.  

    Globally, Yamaha Motors has loftier plans. The company is taking steps to reduce Co2 emissions during production. It is also planning to introduce a range of electric vehicles. Long-term plans include the development of unmanned transportation and agricultural equipment and newer and innovative forms of mobility.

    FAQs

    Yamaha Motor is based in which Country?

    Yamaha Motor is a Japanese Company.

    Are Yamaha Bikes made in India?

    In India, Yamaha has 3 manufacturing plants, one each in Surajpur (UP), Faridabad(Haryana), and Kanchipuram (Tamil Nadu). The two-wheelers and spare parts manufactured in these plants are used domestically in India and are also exported.

    Who is the CEO of Yamaha Motor?

    Yoshihiro Hidaka is the CEO of Yamaha Motor

  • List of Private Companies That Manufacture Defence Equipment in India

    Indian military is one of the world’s most advanced and High-tech military, with a vast number of military personnel serving actively and in reserves. With the increase in threat from neighboring countries such as China and Pakistan, the Indian military has prepared themselves accordingly. The government Companies such as Hindustan Aeronautics Limited and DRDO are the base developers of military equipment. Along with them, the ordnance factories work hand in hand to provide quality arms.

    But in India, the private players have always contributed to the design and development of modern warfare equipment. Most of these companies are well-known Indian Multinational companies trusted across India. From Ammunition to Shipbuilding and from small devices to large bulletproof armored carriers, private players always work as a backbone for the defense industry in India.

    Private Companies Manufacturing Defence Equipment in India

    1. TATA
    2. Reliance
    3. Mahindra
    4. Adani
    5. Kalyani Rafael Advanced Systems
    6. Larsen and Toubro
    7. Ashok Leyland
    8. Alpha Design Technologies Pvt Ltd.

    How profitable will be the private sector for the Indian defense industry?
    Conclusion
    FAQs

    Top Defence Manufacturing Companies In India

    TATA

    TATA Defence Equipment Manufacturing Company
    TATA Defence Equipment Manufacturing Company

    When it comes to manufacturing, we cannot forget the name TATA. Probably the most trusted company in India, TATA has manufactured a wide range of defense equipment for Years. The TATA Advanced systems limited(TASL) delivers quality missile systems, radar systems, UAVs, and other security solutions to the Indian military forces. Tata Power SED helps in the upgrade of defense equipment. Also, it provides digital software engineering solutions to the armed forces, border security sensors, underwater naval equipment, etc.

    Apart from these, who doesn’t remember the TATA armored trucks used for several years? The TATA Aerospace and defense helps in the development of Aerospace defense equipment. Also, TATA has manufactured and designed armored vehicles for the Indian Army.

    Reliance

    Reliance Industries Defence Equipment Manufacturing Company
    Reliance Industries Defence Equipment Manufacturing Company

    Reliance group is known to all for its widespread business and manufacturing across India. The Reliance Naval and Engineering Limited of Reliance Industries has one of the largest engineering infrastructures in the world.

    Reliance Naval group helps in Naval systems development and Shipbuilding. It owns a large shipbuilding facility with a dry dock. The Navy and coast guard of India has got modern Hi-tech simulators and Weapons from Reliance Naval. Also, Reliance Naval is the first private company to receive contracts from the Government to build giant warships.

    Mahindra

    Mahindra Defence Equipment Manufacturing Company
    Mahindra Defence Equipment Manufacturing Company

    The Mahindra group has manufactured defense vehicles for a long time in India. In today’s date, the Mahindra group has expanded its services in the defense sector. Along with armored carriers made for the Indian Army, the Mahindra group grows in other formats. Mahindra Aerospace is owned by the Mahindra Group and focuses on aerospace solutions related to the defense industry. The group mainly focuses on Utility aircraft and aerospace structural developments. This group is also associated with the production of quality steel products for the same.

    Some of the well-known defense equipment by the Mahindra group are communication systems, border security solutions, radars, mine-protected vehicles, etc.

    Adani

    Adani Defence Equipment Manufacturing Company
    Adani Defence Equipment Manufacturing Company

    The Adani group is one of India’s largest conglomerate companies. The Adani group has been an active participant in manufacturing and delivering quality defense equipment. The Adani Aero Defence and technologies limited has excellence in military design and systems integration services. The Adani defense manufactures UAVs and exports them to global markets as well as for usage In India. Along with this, the group also manufactures small arms for the military.


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    Kalyani Rafael Advanced Systems

    Kalyani Group Defence Equipment Manufacturing Company
    Kalyani Group Defence Equipment Manufacturing Company

    The Kalyani Group is an Indian private company partnered with the Israeli Rafael Advanced systems to manufacture defense-related equipment. Recently the company received their BARAK missile kits for both the Indian Army and the Air force.

    The Kalyani Group has partnered with some other companies to build a robust military infrastructure in n India. The group also got the responsibility to manufacture the ATAGS Howitzer guns for the Army. Bharat Forge under the Kalyani group develops and manufactures Armoured vehicles for the Army. Also, it Serves its technology in the aerospace sector.

    Larsen and Toubro

    Larsen & Turbo Defence Equipment Manufacturing Company
    Larsen & Turbo Defence Equipment Manufacturing Company

    L&T is known across India as a soul engineering and construction company. But Larsen &Turbo also undertakes manufacturing and production of defense-related equipment and weaponry.

    The skilled engineers of L&T manufactured Missile systems and launchers for the Indian military for years. Also, it helps in the design of many weapons and systems by working along with DRDO.


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    Ashok Leyland

    Ashok Leyland Defence Equipment Manufacturing Company
    Ashok Leyland Defence Equipment Manufacturing Company

    The solid and rigid stallion troop carriers are one of the best military vehicles offered by Ashok Leyland’s Defence wing. Ashok Leyland has manufactured thousands of pages, such as big armored trucks for the Indian Army. Ashok Leyland’s Diesel engines provide power to boats and generators for the military.

    The group has also developed Mine protected vehicles and logistical support vehicles with modern technology available. Also, the group has supported the Artillery regiment by manufacturing cars for them to carry the artillery.


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    Alpha Design Technologies Pvt Ltd.

    Alpha Design Technologies Defence Equipment Manufacturing Company
    Alpha Design Technologies Defence Equipment Manufacturing Company

    The Make in India project and India’s Government’s exposure to private entities have proven fruitful. Alpha Design technologies will produce electronic gears, assembly lines, simulators, and many defense-related structures for the Indian defense forces. Many other private companies (small and medium scale) also manufacture several small and essential equipment for the defense industry and support these private giants.

    How profitable will be the private sector for the Indian defense industry?

    Private companies are not new to the Indian defense market. Since the beginning, the Army, Navy, and Air force have been using equipment manufactured by private entities. But with extensive modernization and technology development, private companies are becoming necessary to support the defense industry.

    With much more equipped infrastructure, better manufacturing capabilities, International collaborations, ànd a skillful workforce, the private players will be a gift for the Government. In today’s date, many new defense-related startups are emerging and are collaborating with private giants. The private sector also acquisitions a few public sector defense facilities to expand their production, resulting in much more advancement.

    The private players are stepping in to make India a massive market for indigenous production by manufacturing new weapons and vehicles such as Kalyani M4 vehicles, ATAGS Howitzers, Surveillance radars, and many more.


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    Conclusion

    With time, the Indian defense forces are getting more and more equipped with modern weapons and vehicles. India till today also has a high import rate in defense products, but the exports are comparatively lower. The private players will prove to be the most significant part of the military development in India. The Government, on its part, is putting its best efforts into introducing private entities in many defense-related fields and hopes to become fruitful shortly. And our defense forces will become more robust shortly with these developments for sure as it’s just the beginning.

    FAQs

    What are the Defence equipment manufacturing companies in India?

    Here are the list of defence equipment manufacturing companies in India:

    Private Companies

    • TATA
    • Reliance
    • Mahindra
    • Adani
    • Kalyani Rafael Advanced Systems
    • Larsen and Toubro
    • Ashok Leyland
    • Alpha Design Technologies Pvt Ltd.

    Government Companies

    • DRDO
    • Bharat Dynamics
    • Garden Reach Shipbuilders & Engineers
    • Bharat Electronics Limited
    • Armoured Vehicles Nigam Limited (AVANI)
    • Hindustan Aeronautics Limited

    What are the equipment needed in Indian Army?

    Some of equipment of the Indian Army includes:

    • Individual Protection Equipment
    • Infantry weapons
    • Vehicles
    • Artillery
    • Missile systems
    • Air defence
    • Aircraft
    • Radar

    How many defence PSUs are there in India?

    There are sixteen Central Public Sector Undertakings under the administrative control of the Department of Defence Production, Ministry of Defence.

  • The Subsidiaries And Acquisitions Of Infosys Limited

    Infosys Limited is one of the most well-known Multinational Tech Companies in India, headquartered in Bengaluru, Karnataka. The company is known for services like Business Consultation, IT and Outsourcing.

    Infosys was established in 1981 and is now NYSE listed global consulting and IT company with more than 2,49,000 employees all around the world. The company is also considered to be the second-largest IT Company in India after Tata Consultancy Services. Infosys is also ranked 602nd largest company in the world according to the Forbes Global 2000 ranking.

    Infosys first started out with a capital of $250 but now has grown into a company that generates over $14.22 billion in revenue in the year 2021, with a market capitalization of approximately $90.25 billion.

    The company is over 40 years old and made a lot of development for the IT industry in India over the past years. It has played a role in the country’s emergence as a hub for software services. The company presently has over 123 development centres all over the world but is well known in countries like India, the US, China, Australia, Japan, Middle East and Europe.

    Over 60%, 24% and 3% of its revenue was generated from North America, Europe and India in 2019, while the rest 13% comes from other parts of the world. Infosys is the first Indian company to be listed on NASDAQ. It has also created many salaried millionaires over the years.

    The company works in domains like finance, insurance and manufacturing and provides services like NIA (Net generation AI platform), Infosys Consulting, Infosys Information platform, EdgeVerve Systems, Panaya Cloud Suite, Engineering services and digital marketing. Another well-known product is Finacle which is a universal banking solution.


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    The article covers:

    A Brief History of Infosys
    The Acquisitions of Infosys
    Some of the Popular Infosys Subsidiaries
    EdgeVerve Systems Limited

    Conclusion
    FAQs

    A Brief History of Infosys

    Infosys was established in the year 1981 by N R Narayan Murthy and six other engineers in Pune, Maharashtra with a small capital of $250.

    Know everything about Infosys Business Empire

    By 1987, the company had already opened its first international office in Boston, US. In 1992, the company went public so had to change its name from Infosys Technologies Private Limited to Infosys Technologies Limited. Later, the company was renamed Infosys Limited in 2011.

    The company received the ISO 9001/TickIT certification and opened a development centre at Fremont in 1994. In the next year, Infosys also opened its first European office in the United Kingdom and will also set up its business practice.

    The tech company established the Infosys Foundation and was assessed at CMM level 4 in 1997. It wasn’t until 1999 that Infosys got listed on the NASDAQ. Infosys becomes the 21st company in the world to achieve a CMM level 5 certification and opens offices in countries like Germany, Sweden, Belgium, and Australia.

    Infosys has its offices in France and Hong Kong and development centres in Canada and UK in 2000 and has also expanded its offices in UAE, Argentina in 2001. The same year the company goes on to launch Finacle which is a universal banking solution.

    In 2002, the company expanded its offices to countries like Netherlands, Singapore and Switzerland. The company finally reached the US $1 billion mark in revenue and then launched Infosys Consulting Inc in 2004.

    Infosys crossed the $5 billion revenue mark in 2010 and even gets listed on the NYSE in 2012. According to Forbes, Infosys became the world’s most innovative company. It provided $250 million to help the “Innovate in India” and in order to support startups in India in 2015.

    The company finally launched the awaited Infosys Maya. It is a platform that helps drive automation and innovation in companies. It has also launched Skava Commerce, a modular for e-commerce platforms in 2016.

    In 2019, Forbes ranks Infosys as No. 3 in the best-regarded companies list and also launches the Infosys Live Enterprise Suite. In 2020, the company targets to attain carbon neutrality and even announces its ESG Vision 2030 where it would measure targets across the environment, social and governance.

    Infosys Limited has been ranked number 1 in the 2021 HFS Top 10: Banking and Financial Services as per The Best of the Best Service Providers report.

    The Acquisitions of Infosys

    Some of the most well-known acquisitions of Infosys are:

    Announced Acquiree Name Acquisition Amount Business
    Jan 2021 Carter Digital Digital Design Agency
    Oct 2020 Guide vision EUR 30 million ServiceNow Partner
    Sep 2020 Kaleidoscope US$42 million Product Design and Development
    Apr 2019 Stater N.V. EUR 127.5 million Mortgage Services
    Oct 2018 Fluido Oy EUR 65 million Salesforce Advisor and Consulting Partner
    Apr 2015 Skava US$120 million Digital Experience solutions
    Mar 2015 Panaya US$200 million Automation Technology
    Sep 2012 Lodestone Holding AG US$ 345 million Management Consultancy Company
    Dec 2009 McCamish Systems US$38 million Insurance and Financial Services
    Dec 2003 Expert Information Services US$23 million IT Service Provider


    List of Wipro’s Subsidiaries Which You Never Knew About
    Wipro Limited is an Indian multinational corporation that is headquartered inBengaluru, Karnataka. The company is known for its range of services like ITservices, BPO services, IT consulting, testing, research and development in thesoftware and hardware areas of companies around the world. Wipro …


    EdgeVerve Systems Limited

    EdgeVerve - Infosys Subsidiary
    EdgeVerve – Infosys Subsidiary

    EdgeVerve is one of the most popular Infosys subsidiaries that is known for its products and services. It is an innovative software product and offers an on-premise or cloud-hosted business platform. The company is a global leader when it comes to Automation and AI.

    The company works in sectors like banking, digital marketing, interactive commerce, distributive trade, and credit servicing, and even enterprise buying and customer service. The company has a portfolio of AI which includes Infosys Nia, automation with AssistEdge and business applications like TradeEdge and ProcureEdge.

    EdgeVerve also helps other companies in developing deeper connections with stakeholders and make innovations. Nowadays global companies from financial services, insurance, retail, life science, manufacturing and telecommunication use the company’s products.

    One of its most known services is the Finacle, a universal banking solution that serves over 547 million customers nearly 16.5% of the world’s adult banked population. By providing these services the company is creating possibilities and helping other enterprises grow.

    Panaya

    Panaya - Infosys Subsidiary
    Panaya – Infosys Subsidiary

    Panaya is an international subsidiary of Infosys which is a software company based in the US. Some of its popular products and services are automated code remediation, collaboration test management and test execution and ALM acceleration.

    The company is a leader in providing Automation technology, especially to large-scale enterprises. Panaya is a popular software as a service (SaaS) company and has its presence in the US, EMEA and Asia and also has its subsidiaries in Israel, Germany, Japan and Australia.

    Infosys BPM Limited

    Infosys BPM - Infosys Subsidiaries
    Infosys BPM – Infosys Subsidiaries

    Infosys BPM became a subsidiary in 2002 and is known for business process management. The company mainly operates in countries like India, Poland, Netherlands, South Africa, Brazil, Mexico, the US, Puerto Rico, China, Philippines, Australia and others.

    The company focuses on providing end-to-end outsourcing and other benefits at lower costs, productivity improvements and process reengineering. The company also has other subsidiaries under it that are Infosys Portland and Infosys McCamish Systems.

    The company is headquartered in Bengaluru, Karnataka and is mainly popular for integrated outsourcing and transformative services. More than 60% of the company’s business comes from the overlapping clients of their parent Infosys.

    Infosys BPM has so far opened 33 delivery centres in 14 different countries and 44,443+ employees from more than 110 nationalities. The company has also won over 60 awards and recognition in the past 5 years.

    Infosys Consulting Holding AG

    Infosys Consulting - Infosys Subsidiaries
    Infosys Consulting – Infosys Subsidiaries

    This company was initially called Infosys Lodestone. It is a global company known for providing consulting, technology, outsourcing and next-generation services. The company is now a global advisor to leading companies on things like process engineering and also managing tech-enabled transforming programs.

    The company offers various customized solutions to the businesses that their clients face and also helps them renew their existing IT landscapes along with bringing in new technology and innovation to their business.

    One of their most well-known services is the Infosys Aikido which includes working with clients in order to leverage the knowledge of systems. The company has so far conducted over 150 design thinking workshops and is actively engaged in 50 plus global companies and using Aikido to transform programs.

    Infosys consulting holding tries to combine human-centric approaches with advanced technology and help companies to reimagine their future and create lasting business value.

    Infosys Public Services Inc.

    Infosys Public Services - Infosys Subsidiary
    Infosys Public Services – Infosys Subsidiary

    The company is a US-based subsidiary of Infosys known for providing services like business consultation, technology solutions and even advanced digital service.

    Infosys Public Services, Inc. helps public sector organizations mostly in the countries like the US and Canada to stay ahead by innovating new things.

    Their services allow their customers to renew their companies and come up with new avenues to generate value. The company has over 40 plus years of cross-industry experience and is also adapted for the public sector. The company also provides flexible delivery models for predictable and on-time execution.

    Infosys Consulting Limited

    Infosys Consulting - Infosys Subsidiary
    Infosys Consulting – Infosys Subsidiary

    This is another well-known international Infosys subsidiary that was established in Brazil in 2009. The company is said to have many offices in cities like Sao Paulo, Rio De Janeiro and Nova Lima.

    Infosys Consulting helps its clients by providing business solutions, leverage technology, and global infrastructure. Their main vision is to show courtesy to their clients, employees including vendors, and society at large.

    The company has so far been respectful and successful in Brazil and is also considered to be one of the fastest-growing subsidiaries of Infosys. With the help of this company, Infosys has managed to expand in the Latin American market which is important as the region has huge potential in the IT and enterprise applications market with a booming economy.

    Kallidus

    Kallidus - Infosys Subsidiary
    Kallidus – Infosys Subsidiary

    Kallidus Inc, a US subsidiary of Infosys, is headquartered in San Francisco, California. The company is known for developing and providing mobile commerce and also helping its clients with digital marketing.

    Kallidus is good at developing applications, websites and various other digital shopping experiences for devices like mobile, tablet, desktop, etc. It also helps its clients at all stages of the value chain including design, implementation and managed services for retailers.

    Kallidus owns SkavaONE, which is a cloud-based tech platform well known for creating mobile commerce websites, mobile apps, online marketing campaigns and social media experiences for their clients.

    This also includes services like Mobile commerce suite, in-store suite, digital commerce suite, and Skava studio. The company offers maximum flexibility in e-commerce integration with API, raw data adaptors in order to create an Omnichannel experience.

    Noah Consulting LLC

    Noah Consulting - Infosys Subsidiary
    Noah Consulting – Infosys Subsidiary

    Noah Consulting, LLC is a global leader when it comes to management consulting services. The company helps oil and gas companies in managing, creating and deploying the information solutions for the business to generate value from their oil and gas assets. It focuses on providing the best data management, data warehousing, data integration, business intelligence, information quality and even data management solution.

    The company has over 15 years of experience in delivering practical solutions to the most complex information challenges the industry faces. Noah Consulting has its headquarters in Houston, Texas with over 50-100 employees. The company has a deep knowledge of the industry, information strategy planning, data governance which is why it is one of the most important subsidiaries to Infosys.


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    Conclusion

    Infosys is now a successful conglomerate known in more than 50 countries and popular among countries like India, the US, China, Australia, Japan, Middle East and Europe. The company has played a main role in the development of the IT Industry of the country and was pioneered by a lot of innovations.

    The company is now a global leader when it comes to consulting, technology, outsourcing and next-generation services. They help their clients to always stay ahead in the industry by helping them attain the business trends by providing various solutions.

    FAQs

    What are the main services of Infosys?

    The company is known for services like Business Consultation, IT and Outsourcing Services.

    Where is the headquarters of Infosys?

    The headquarters of Infosys is in Bengaluru, Karnataka.

    What are the main subsidiaries of Infosys?

    • EdgeVerve System Limited.
    • Panaya.
    • Infosys BPM Limited.
    • Infosys Consulting Holding AG.
    • Infosys Public Services Inc.
    • Infosys Consulting Ltd.
    • Kallidus.
    • Noah Consulting LLC.

    What are the main acquisitions of Infosys?

    • Expert Information Company in 2003.
    • McCamish System in 2009.
    • Lodestone Holding AG in 2012.
    • Skava in 2015.
    • Fluido Oy in 2018.
    • Stater N. V. in 2019.
    • Kaleidoscope in 2020.

  • Top 10 Leading Semiconductor Manufacturing Companies in India

    With the rise in the use of electronic devices, India is seeing a steep rise in the demand for semiconductors. This alternatively ushers the growth of semiconductor makers.

    If we shuffle through the last decade, it’s easy for us to point out the “make-in-India” drive has driven a marked increase in the production of electronic and electric devices. From mobile phones to mobile accessories, from TVs to computers to electric scooters, India is at the helm of development and all of them essentially need semiconductors. This is the reason why a lot of startups and companies have entered or are entering this industry of the semiconductors in order to serve this sector and the Indians better.

    Cabinet announces Rs 76,000-crore incentive scheme to address semiconductor shortage

    The crucial part that the semiconductors play in the production of diverse electronics and electric devices is indispensable. This is why the shortage of these products have been bothering the country as well as the world. Yes, the world has been an acute shortage of semiconductors since 2020. This shortage can literally be pointed out as one of the examples of the devastating aftermath of the deadly coronavirus disease.

    Many Indian companies including Reliance and Ola have been facing this shortage of semiconductor chips ever since the pandemic outbreak, as a result of which, numerous initiatives and plans have been stalled almost unprecendently. To answer these concerns growing over the period of nearly a year, the Indian government has decided to clear the semiconductor incentive scheme by devoting INR 76,000 crore to bypass the problems with the semiconductors on December 15, 2021. According to this new policy, the Indian government has decided to help witness the construction of 20+ semiconductor components manufacturing, design, and display units over the period of the next 6 years.

    The Modi-led government has already signalled to turn India into an electronics hub and this development is a major addition to the same. This new policy of semiconductors will help India strengthen its manufacturing base. As per the latest news, The Ministry of Electronics & IT (MeitY) will first initiate by working out the granular details and inviting applications.

    Top 10 List of Indian Semiconductor Manufacturing Companies

    Today we shall be looking at some of these companies that are making it big in the semiconductor industry. All of these companies or startups have established substantial credibility in this country. Each one of them is viewed as reliable by their clients.

    In this article, we are going to discuss these semiconductor manufacturing companies. Some of these companies specialize in solar, some in LED, and many other sectors.

    1. Bharat Electronics Limited
    2. CDIL
    3. Applied Materials
    4. TSMC India
    5. Micron Technology
    6. Solex Energy Limited
    7. Masamb Electronics
    8. Semtronics Micro Systems
    9. Samsung Semiconductor India
    10. Broadcom
    FAQs

    Bharat Electronics Limited

    Bharat Electronics Logo
    Bharat Electronics Logo 

    Founded in 1954, Bharat Electronics is an Indian government-owned company that is involved in the manufacturing of cutting-edge electronic products for the aerospace and defence companies, including semiconductors. It successfully fabricated germanium semiconductors in the year 1962. The company managed to do this with the help of the Soviet Union Government. Since then, they have worked much in the field of semiconductors and innovated a lot in semiconductor technology. Today, it is the country’s premier semiconductor manufacturer.

    CDIL

    CDIL Logo
    CDIL Logo 

    The Indian semiconductor manufacturing brand, Continental Device India Ltd (CDIL) is based in Delhi and commonly regarded as the pioneers of the manufacturing of Silicon Semiconductor Chips and Devices in India. Established in the year 1964, CDIL has made huge strides in semiconductor manufacturing. Today the company has immense capability in semiconductor manufacturing. Now, when semiconductor manufacturing is in huge demand, it boasts of having the best professionals and technology to fulfill this need. CDIL is trusted around the world today for the work it does.

    Applied Materials

    Applied Materials Logo
    Applied Materials Logo 

    Applied Materials is an American semiconductor manufacturing brand set up in 1967. Being a reliable name in the semiconductor industry, Applied Materials have been a significant force in the development of the semiconductor sector in India with the help of its Indian subsidiary. Applied Materials India is based in Bangalore and was started back in 1967. The company has managed to develop a cutting-edge technology to manufacturing the units. It provides several services related to silicon development and fabrication. Services such as removal, addition, and modification are also a significant part of its offerings.




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    TSMC India

    TSMC Logo
    TSMC Logo 

    TSMC is originally a Taiwan-based semiconductor but has eventually started its office in Bangalore, India. The company is planning to start its manufacturing plant in India. By setting up a base in India it will target the customers in America and other western countries. The company is also looking towards serving many fab less companies.

    TSMC is one of the most renowned companies for seamless silicon fabrication in the world. It also provides semiconductor fabrication services to IT giants like Apple. Furthermore, it also provides all kinds of silicon fabrication technologies to a whole range of clients.

    Micron Technology

    Micron Technology Logo
    Micron Technology Logo

    Micron Technology is a semiconductor manufacturing company founded in the year 1978, the Indian office of which is set up in Bangalore. The company has been working in the semiconductor technology industry for years now. This company specializes in making memory chips. Micron Technology uses DRAM technology to fabricate memory chips. It uses this technology to build high-density memory chips.

    Solex Energy Limited

    Solex Energy Logo
    Solex Energy Logo

    Solex Energy company works in the field of manufacturing solar panels, semiconductors and other electronic components. Founded in 1998, Solex has completed several big projects quite successfully. Solex is hugely also credited for having the advanced capability to manufacture solar cells in India.

    Masamb Electronics

    Masamb Electronics Logo
    Masamb Electronics Logo 

    Masamb Electronics was established in 2007 to cater to various semiconductor services in India. This company specializes in VSLI design, RTL design, EDA, and OEM design. It is also involved in firmware application development and Real-Time embedded designs. Masamb has veterans who have worked in the field of semiconductors, which is the reason why it brings out some of the best solutions in the whole world.

    Semtronics Micro Systems

    Semtronics Logo
    Semtronics Logo 

    Semtronics Micro Systems is a semiconductor manufacturing company that makes various power electronic products. It manufactures products that are suitable for Indian customers. Semtronics provides products and services in battery management, sequencer, analog circuit, and switching regulators.

    Samsung Semiconductor India

    Samsung Electronics Logo
    Samsung Electronics Logo 

    Samsung Semiconductor Inc is a California-based company semiconductor manufacturing company that has its office in Bangalore. It is a fabless semiconductor company providing all kinds of semiconductor services in this country.

    Samsung Electronics uses advanced technology to produce semiconductor material for smartphones and other electronic devices. It makes IC designs by foundry, ASIC, and COT engagement.

    Broadcom

    Broadcom Logo
    Broadcom Logo 

    Broadcom Corporation is fabless semiconductor manufacturing company established in the US back in 1991, which primarily manufactures products for the broadband and telecommunication industry. The company was acquired by Avago Technologies in 2016 and is currently operating as a subsidiary of Broadcom Inc. The company has its Indian office in Bangalore. It provides all kinds of semiconductor services including the design, development, and fabrication of semiconductors. It also has a wide range of products in the semiconductor sector.

    Conclusion

    These are some of the top 10 semiconductor maker brands in India. All of these companies have gained years of experience and are well-trusted in the semiconductor industry. Besides, all of them have also been putting their individual insights and that many years of R&D for the development of the semiconductor technology, thereby pioneering capabilities to manufacture the best semiconductors.

    India is still growing its semiconductor manufacturing capabilities now and the new initiative from the Indian government towards the manufacturing of these products is a renewed impetus. Besides, more and more startups and companies are also entering the mentioned field to help the country steer past the scarcity of semiconductors if not solve the entire crisis involving the semiconductors.

    FAQs

    Who are the best Chipmakers in India?

    The best chip makers in India are Bharat Electronics Limited, CDIL, Applied Material, TSMC India, Micron technology, Solex Energy, Masamb electronics, Semtronics, Samsung Semiconductor India & Broadcom.

    Why Silicon manufacturing is so important in India?

    India has a large consumer durable electronics market. Due to this, there is a huge need for manufacturing semiconductors in India. A lot of companies are now coming into this sector and trying to serve this sector.

    Who is the largest chip manufacturer?

    Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest subcontractor of semiconductor chips, also known as integrated circuits or simply chips, that power our phones, laptops, cars, watches, refrigerators, and more. Its customers include Apple, Intel, Qualcomm, AMD, and Nvidia.

    Who are the fabless semiconductor companies?

    The fabless semiconductor companies list would include:

    • Graphcore
    • Citrine Informatics
    • GaN Systems
    • Rockley Photonics
    • Autotalks
    • Bitmain
    • Qualcomm
    • Astera Labs
    • Wiliot
    • Xilinx
    • Habana Labs
    • Mobix Labs
    • Celeno

    How is the semiconductor manufacturing industry growing?

    At the rate at which the semiconductor manufacturing industry is growing, it is forecasted that the industry would reach $803.15 bn in 2028, thereby growing at a CAGR of 8.8%. The semiconductor industry was last valued at $452.25 bn in 2021.

    Which semiconductors companies in India is based in Bangalore?

    The semiconductors companies in Bangalore include:

    • NXP Semiconductors India Pvt Ltd.
    • Applied Materials India Pvt Ltd.
    • Beta Solutionz
    • Bhel Electronics Division
    • Signalchip
    • Interplex Electronics India Pvt Ltd.
    • Sankalp Semiconductor
    • Soliton Technologies Pvt Ltd

     

  • Bajaj Group Of Companies – All You Need To Know

    Bajaj Group is an Indian multinational company that is one of the oldest and largest conglomerates of India.

    The group comprises 34 companies with around 36,000 employees across businesses such as two- and three-wheelers, insurance and steel, home appliances, travel and finance, etc. Its flagship company Bajaj Auto ranks as the world’s fourth-largest two- and three-wheeler manufacturer. Some of the notable companies are Bajaj Auto Ltd, Bajaj Finserv Ltd, Hercules Hoists Ltd, Bajaj Electricals, Mukand Ltd, Bajaj Hindusthan Ltd and Bajaj Holding & Investment Ltd.

    In recent news, the Bajaj Group has pledged to donate ₹200 crores towards Covid-19 response in addition to ₹100 crores they donated last year to support the government’s fight against the deadly pandemic.

    History And Origin of Bajaj Group
    Flagship Companies of Bajaj Group
    Corporate Social Responsibility(CSR) of Bajaj Group
    Bajaj Group – FAQs

    History And Origin of Bajaj Group

    The Bajaj Group of Companies was founded by Jamnalal Bajaj in 1926.

    Jamnalal Bajaj was a freedom fighter and a philanthropist, a close confidante of Mahatma Gandhi. He took the novel step of using business to serve society. His endeavors were taken forth and developed by his sons Shri Kamalnayan Bajaj, Ramakrishna Bajaj, and further by his grandson Shri Rahul Bajaj; who are responsible for blossoming the Group and nurtured it to the marvelous stature that it occupies today.

    All You Need to Know About Bajaj

    Bajaj started its business by setting up a sugar factory in Lakhimpur Kheri of Uttar Pradesh, which was one among the only 30 sugar mills that established the endowment of the sugar industry in India. Today, Bajaj Hindusthan Sugar Ltd. is Asia’s number one sugar manufacturing company and ranks globally among the top four.

    Jamnalal Bajaj strongly believed that the common good was more important than individual gain.

    Flagship Companies of Bajaj Group

    Bajaj Auto Ltd.

    Bajaj Auto manufactures two-wheelers and three-wheelers and is headquartered in Pune, Maharashtra.

    Bajaj Auto Ltd.
    Bajaj Auto Ltd.

    In 1945, Bachraj Trading Corp. Pvt.Ltd., now known as Bajaj Auto Ltd. was founded. Its activity was focused on the selling of foreign motorcycles and auto-rickshaws on the territory of India. In 1959, it was licensed by the government to manufacture two-wheelers and three-wheelers in India. Rahul Bajaj, the son of Kamalnayan Bajaj, later became the head of the Bajaj group in 1965.

    Since the year 1995, Bajaj has manufactured more than a million vehicles per year. Nowadays, Bajaj sells its motorcycles, bajaj automobiles, and auto-rickshaws in more than 50 countries of the world and it can compete on the market due to the low prices for its vehicles.

    Bajaj Allianz Life Insurance Co. Ltd

    Bajaj Allianz Life Insurance is a private general insurance company by Bajaj Group. It is a joint venture between Bajaj Finserv Limited and Allianz SE, a German financial services company; where Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz SE.

    Bajaj Allianz Life Insurance Co. Ltd
    Bajaj Allianz Life Insurance Co. Ltd

    In 2001, Bajaj Allianz General Insurance received an Insurance Regulatory and Development Authority of India (IRDAI) certificate of registration which allowed it to conduct general insurance business, including health insurance, in India.

    In January 2014, the company announced it would open up all-women branches.

    Bajaj Finserv Ltd.

    Bajaj Finserv Limited is a part of Bajaj Holdings & Investments Limited. It is a financial services company by Bajaj which focuses on lending, asset management, wealth management, and insurance. It is a consumer-focused company that emphasizes profitable growth and operational efficiency to deliver the best results to all its stakeholders.

    Bajaj Finserv Ltd.
    Bajaj Finserv Ltd.

    Bajaj Finserv won the CIO 100 Innovation Award for two innovations – EMI Card and Flexisaver, for exemplifying the highest level of operational and strategic excellence in information technology (IT).

    Bajaj Electricals Ltd.

    Bajaj Electricals is an Indian consumer electrical equipment manufacturing company based in Mumbai, Maharashtra. It has diversified with interests in lighting, luminaries, appliances, fans, LPG-based generators, engineering, and projects. Its main domains are lighting, consumer durable, engineering, and projects.

    Bajaj Electricals Ltd.
    Bajaj Electricals Ltd.

    It was incorporated on 14 July 1938 under the Indian Company Act, 1913 as a public company limited.


    Bajaj Finance Ltd.

    Bajaj Finance is a bajaj group subsidiary of Bajaj Finserv. It is a non-banking financial company that deals with Consumer Finance, SME (Small and Medium-sized Enterprises) and Commercial Lending, and Wealth Management. The company has 294 consumer branches and 497 rural locations with over 33,000+ distribution points, with headquarters situated in Pune, Maharashtra.

    Hercules Hoists Ltd.

    Hercules Hoists is a manufacturer of material-handling equipment. The company sells its products under the brand name Indef.

    Bajaj Hercules Hoists Ltd.
    Bajaj Hercules Hoists Ltd.

    Incorporated in the year 1962 with technical and financial collaboration from Heinrich de Fries GmbH, Germany; it is a Small Cap company (having a market cap of INR 304.80 Crore) operating in the Industrial Consumables sector.

    Hind Musafir Agency Ltd.

    Hind Musafir Agency Ltd.
    Hind Musafir Agency Ltd.

    Hind Musafir Agency Ltd. (HMA) is a full-service, IATA-certified travel agency. A part of the Bajaj Group of companies, it is in the business with over 50 years of experience. HMA is also recognized by the Department of Tourism (DOT) India and is a member of “The Travel Agents Association of India” (TAAI) and “Pacific Asia Travel Association” (PATA). HMA has also placed a strong IT backbone with an AMADEUS-enabled system for online Air Bookings.

    Mukand Ltd.

    Mukand Limited is a multi-division company involved in the business of Manufacturing Steel and Industrial Machinery. Incorporated in 1937 in Mumbai, it manufactures stainless steel, alloy steel, stainless steel billets, exporter of hot-rolled bars.

    Mukand Ltd.
    Mukand Ltd.

    Today, Mukand Limited is a leading supplier of alloy steel to the automobile and auto component industry and a leader in the manufacture of high-grade stainless steel in India.

    Bajaj Holdings and Investment Ltd.

    Bajaj Holdings and Investment Ltd. is a non-banking financial company that is primarily an investment company. The Company focuses on generating long-term capital appreciation. It also provides strong financial, managerial, and operational support to its group companies. Bajaj Auto Holdings Ltd. is a subsidiary of the Company. It is headquartered in Pune.

    Bajaj Holdings & Investment Ltd.
    Bajaj Holdings & Investment Ltd.

    Corporate Social Responsibility(CSR) of Bajaj Group

    The CSR Policy of Bajaj Group involves various welfare activities that are guided by the concept of trusteeship in business. It is the group’s philosophy that the true and full measure of growth, success, and progress lies beyond the balance sheets or conventional economic indices.

    The social and welfare objectives of the Bajaj Group are being fulfilled through the many Trusts and Foundations it has established spending up to 100 million (US$1.4 million) every year.

    The major CSR areas of Bajaj Group are Health, Women Empowerment, Education, Rural Development, Environment & Natural Resources and, Self- Reliance.

    Conclusion

    For Indian society, Bajaj Group is more than a corporate identity. It is an incentive for social empowerment. It offers an extensive range of products and services, now standing tall in the Corporate World.

    Bajaj Group – FAQs

    Who is the founder of the Bajaj company?

    Jamnalal Bajaj is the founder of the Bajaj company.

    When was the Bajaj company founded?

    The Bajaj company was founded in 1926.

    Is Bajaj an Indian Company?

    Yes, Bajaj is an Indian conglomerate founded by Jamnalal Bajaj an Indian freedom fighter.

    Who is the chairman of Bajaj Group?

    Rahul Bajaj is the chairman of Bajaj Auto. Rahul’s grandfather Jamnalal Bajaj founded the Bajaj Group in 1926 and his father Kamalnayan Bajaj succeeded him in 1942.

    How many companies are there in the Bajaj group?

    There are 34 companies in the Bajaj group including Bajaj Auto Ltd, Bajaj Holdings and Investments Ltd, Mukand Ltd, Bajaj Electricals Ltd, Bajaj International Pvt. Ltd, Bajaj Allianz General Insurance Pvt. Ltd and Bajaj Finserv Ltd.

    Is Bajaj Finance good for long-term investment?

    Bajaj Finance offers an interest rate that is higher than that offered by most FD providers. This makes it ideal for you to invest in Bajaj Finance Fixed Deposits for long-term benefits.

    Is Bajaj FD safe?

    Bajaj Finance FD carries FAAA rating by CRISIL and MAAA rating by ICRA, which indicate the highest safety for your capital. These ratings imply a safe investment environment and ensure that you get your returns in a timely manner, without any default on the part of the issuer.

  • Why is North Korea Facing its Worst Financial Crisis?

    The onslaught of the novel coronavirus pandemic has had disastrous effects ever since it broke out the past year. Though the mortality rates have significantly reduced in many countries this year, the harrowing aftermath of the disease is what is still dragging on in many others, including North Korea.

    North Korea is witnessing the worst slump that has happened in a span of more than two decades, according to experts.

    But why is the Democratic People’s Republic of Korea in such distress?

    For this, let’s delve into the background of the situation:

    North Korea Crisis – Latest News
    The Background of North Korea
    What went wrong with North Korea?
    The Aftermath
    Kim’s Intentions
    FAQ

    North Korea Crisis – Latest News

    June 21, 2021 – Food crisis continues to soar in North Korea, along with the economic breakdown that the country is facing. Essentials like bananas are selling at Rs 3300/kg, a packet of black tea is priced at Rs 5190, and a pack of coffee is retailing at Rs 7415.

    May 4, 2021 – In a series of statements released by North Korea on May 2, 2021, the country slammed US president Joe Bidden’s policies and rhetoric. Any talks of diplomacy are still stalled between the two nations as suspense rises in a fashion similar to that of the Cold War.

    April 8, 2021 – North Korea has decided to stay away from the upcoming Tokyo Olympics. It is clear from the state-run website that the country would not be participating in the behemoth of sports events to protect its players from risking their health amidst the pandemic crisis. With this decision, it has become the first country to drop out of the Olympics.

    The Background of North Korea

    With the onset of the pandemic, North Korea had to also resort to restrictive measures on international trade and commerce to keep the pandemic at bay. However, these plans of limiting international sanctions have grown to become a self-imposed blockade on the trade, which has, in turn, backfired unprecedentedly.

    What went wrong with North Korea?

    There were a series of missteps along with some unfortunate events that together steered the situation towards the worst for North Korea.

    Thriving in a pandemic situation it was evident to define a sustainable economic plan, which North Korea did, however, it failed miserably.

    The inner circle of the government was poor with “innovative viewpoints and clear tactics” and failed to draw an effective plan that would work, Kim Jong-un said while addressing the frightened delegates of the ruling Workers’ Party last month. The economy minister, who was appointed in January has also been fired following the backlash.

    China fuels North Korea with an ample supply of spare parts for factories and other manufacturing plants based out of the East Asian nation. As North Korea had already put a stop to their international trade, it has therefore blocked the influx of raw materials and other spare parts, fearing the spread of the deadly virus. This has resulted in the shutdown of some of the major North Korean factories including the country’s largest fertilizer plants.

    Electricity has long been a chronic problem for the people of the country, which has been further aggravated by this acute deficit of materials. In addition, it has also disabled some of the country’s oldest power plants by limiting their total production of electricity. Furthermore, the production in coal mines and other mines is also experiencing massive disruption.


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    Estimated GDP of North Korea in South Korean Won
    Estimated GDP of North Korea in South Korean Won

    The Aftermath of North Korea

    As per the words of Alexander Matsegora, “Without imported materials, raw materials and components, many enterprises stopped, and people, accordingly, lost their jobs,” said the Russian ambassador to the Interfax news agency.

    Times are so rough that if you manage to get something in the country, you might have to pay three to four times the prices before the crisis,” he told Interfax.

    Situations are similar even in Pyongyang, the capital and the stronghold of North Korea, which houses the country’s elites. The necessary products, including the basic food items like pasta, flour, vegetable oil and sugar, clothes, and shoes, are reducing at an alarming rate, mentioned Matsegora.

    North Korea’s trade with China depleted by around 80% last year after Pyongyang shut its borders, intending to stop the spread of COVID-19, which would have otherwise easily penetrated the feeble health infrastructures of the country.

    Though this crucial economic juncture that the country is now experiencing echoes of the famine of 1990, things have changed since then and North Korea doesn’t risk a famine at present. This is partly because of the significant development of food production and distribution across the nation and a supportive ally, China, who might come to the rescue of North Korea.

    The present economic pain would not risk Kim’s regime nor would it pressurize the country to retreat from the standoff over Pyongyang’s nuclear program but it surely portends a period of excruciating pain and agony for the countless ordinary citizens of North Korea.

    Kim’s Intentions

    The way Kim Jong-un is responding to the crisis happens to be making the situation worse. Kim, who seems to be retreating to de facto Leninism, has started focusing on central planning. This has been distinctively limiting the private entrepreneurial activities, which are central to the country’s economy. This has been summed up by the Seoul-based Russian university professor, Andrei Lankov, as the “dramatic U-turn” of Kim.

    The Supreme Leader of North Korea demands the restoration and strengthening of the system under which the economy runs under the supervision of the state, which has become clear in the speeches to the ruling party. He has further added that the metal and chemical industries are the “main link in the whole chain of economic development.”

    Furthermore, Kim also has disclosed his plans to maximize the control that the state has on society along with putting a stop to the growth of foreign culture and media. In addition, he also wants to suppress the “powerful mass campaign against practices running counter to the socialist lifestyle.”


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    Conclusion

    Kim’s recent move towards establishing a Stalinist economy work across the country, Lankov said, “is pretty much as hopeless as teaching pigs to fly”. The Seoul-based professor has also stated that Kim realizes that but he is also insecure about losing control. Therefore, he is choosing these times of crisis to expand his control over the economy and population and make his place secure.

    Kim’s intentions revolving around central planning and the “juche” philosophy of self-reliance that he seems to be adhering to, is termed as “unrealistic” where the economy of the country is dependent on the trade with China, according to the experts.

    FAQ

    Is North Korea having a food shortage?

    North Korea is facing a severe crisis after the Covid-19 pandemic, as prices of essential food items have increased sharply due to shortage.

    Why is there food shortage in North Korea?

    North Korea is going through an acute food crisis, due to the aftermath of floods, typhoons and pandemic, wherein the food prices have been as high as bananas selling for $45 (Rs 3,335) per kilogram, a packet of black tea for $70 (Rs 5,190) and a pack of coffee for $100 (Rs 7,414).

    Why is North Korea poor?

    Poverty in Korea has been attributed to poor governance by the totalitarian regime. It is estimated that 60% of the total population of North Korea live below the poverty line in 2020.