I s s u e – 1 1 1 : D a t e d – 2 3 D e c , 2 0 1 4

T h e m e o f t h e y e a r - “ L E AN & G r e e n ” I I F - B u l l e t i n S u p p o r t e d b y :

GIFA-NEW CAST (JUNE 16-20, 2015), DUSSELDORF, GERMANY PARTICIPATE WITH IIF TO BUILD BRAND INDIA !!!! .

FOR MORE DETAILS - SEE LAST PAGE APPRENTICE PROTSAHAN YOJANA (APY) by Ministry of Labour& Employment Objective of the Scheme:

� Sharing of 50% of prescribed stipend by the Government of India for first two years of apprenticeship training for 1,00,000 apprentices to be engaged by establishments covered under the Apprentices Act, 1961.

Duration of the Scheme: 1-10-2014 to 31-03-2017. Funds Allocated: Rs.346.00 crore. Target:

� To support training of 1, 00,000 apprentices during the remaining period of 12th

Five Year Plan by sharing 50 percent of the expenses on account of stipend paid to the apprentices.

Eligible Employers: Any establishment where trade, occupation or subject field in engineering or technology is carried out in terms of the Apprentices Act 1961 as amended from time to time. The following additional conditions shall be fulfilled for being eligible under the Scheme:

IIF-News…….

� Keeping in view the recommendations of the Central Apprenticeship Council to permit apprentices within a band of 2.5% to 10% of the total strength of the establishment, the establishments eligible in the Scheme should have a strength of at least six.

� Not more than two apprentices will be allowed in one establishment under this Scheme at a time. � Self-certification by the employer that the selected apprentice is not related to him and this self-certification

will be displayed on the portal.

Eligible Apprentices:

� Anyone who is above 14 years of age and fulfils the requirements of the Apprentices Act, 1961.

Implementing Agency:

� Each Regional Directorate of Apprenticeship Training (RDAT) under the control of Directorate General of Employment & Training (DGE&T) will act as an implementing agency in their region.

Role of implementing agency: Every RDAT will be given target every year for training of apprentices in their region depending upon the number of establishments in the region. In case any RDAT fails to achieve the given target, the remaining target will be distributed amongst achiever RDATs.

Process of obtaining applications: Each RDAT will give advertisement in the leading newspapers of their region quarterly for inviting applications from interested employers who have already started the apprenticeship training not earlier than within two months of publishing of the advertisement and have registered contract of apprenticeship with States/UTs. Advertisements should indicate the eligibility criteria for selecting employers and details of trades which could be run under the Scheme. Employers should be given thirty days’ time for submission of applications. Besides this, other means should also be used for reaching out to the employers. Applications should be sought as per format at Annex-I.

Scrutiny of applications: Employers who have submitted applications should have been (a) registered under the Factories Act, or (b) shown in latest economic census of or (c) physically inspected by officer of the State/UT Apprenticeship Advisor or RDAT in last one year. Applications should be further scrutinized in the order of preference as given below:-

(I) Manufacturing sector- registered MSMEs (II) Manufacturing sector– Other than MSMEs (III) Other Sectors- registered MSMEs (IV) Other Sectors- Other than MSMEs

� List of designated trades in Manufacturing Sector and other Sectors is at Annex-III. Classifications have been done based on National Industrial Classification (NIC) code.

Sanctioning Authority:

� The employers who are found eligible and in the priority as indicated above within the target allotted to RDAT will be given sanction letter apprentice-wise confirming that they would get benefits of the Scheme subject to fulfilling the guidelines of the Scheme. Regional Director, RDAT will be the sanctioning authority under the Scheme.

� Employers are required to seek bank details from each apprentice at the start of training. The modalities for sharing of 50% of stipend paid have been given in subsequent para of these guidelines.

� After 1st

April, 2015, share of Government will be directly transferred to the bank’s account of the apprentice.

For complete details on the scheme & Application forms etc please visit http://dget.nic.in

Worldwide casting production continued to grow in 2013, up more than 3.4 million metric tons, an increase of 3.4% in comparison to 2012.

In 2013, global production increased to more than 103 million metric tons, an increase of 3.4% when compared to the previous year, according to this year’s MODERN CASTING Census of World Casting Production. The 103.2 million metric tons of metal castings produced in 2013 represents an increase of 3.43 million tons. This rate of growth is a slight bump up from 2012’s 2.4% boost.

Of the 31 countries that provided data for the past two years, 18 reported a contraction in annual volumes when comparing 2013 to 2012. Poland increased its production by 18%, with gains across the board in terms of alloys. On the red side of the ledger, Pakistan saw the largest decline in production, with its metal casting industry contracting by 23.2%. Among the top-10 countries in total output, Brazil had the highest boost in 2013 with an increase of 6.9% in

production. The rebound came a year after South America’s only entry in the global survey saw a 16.9% decrease in total production. China increased its total production by two million metric tons to a total of 44.5 million. That boost represents a large majority of the overall increase in global production, meaning China continued to increase its share of the global market. Meanwhile, the U.S., the world’s second largest producer, saw its tonnage increase by 3.9% to 12.25 million metric tons. While the top two producing nations saw increases, other top metal casting countries had production headed south in 2013. France, Germany and Russia reported 3% to 5% decreases.

India remained No. 3 in total production at 9.81 million tons. Spots 4 through 10 remained unchanged, with Japan producing 5.54 million metric tons, Germany 5.19 million, Russia 4.1 million, Brazil 3.07 million, Korea 2.56 million, Italy 1.97 million and France 1.75 million. The top-10 nations produced 88% of the world’s castings, a figure that remains unchanged from 2012.

The U.S. saw a 4.4% increase in its productivity per site, with its 2,001 metal casting facilities averaging 6,122 metric tons. Germany, the world leader in per plant production at 8,659, experienced a negligible increase of 41 metric tons per plant.

China and India, the two countries with the greatest number of facilities, reported gains of 4.73% and 2.7%. Productivity is calculated as total tonnage divided by the number of plants reported.

Total production of iron increased, with gray iron growing 4.6%, and ductile iron expanding by 1.3%, while malleable iron fell 27.1%. Steel output dropped by 0.1%, while aluminum production jumped by 9.9%.

The data reported in the 48th Census of World Casting Production is supplied by each nation’s metal casting association or similar representatives. Countries that did not participate this year were Denmark, Mexico, Serbia, Slovakia and South Africa. These countries remain listed according to the last year they participated. Mongolia, which has not submitted data since 2009, has been removed from the list. Thailand returned to the census after an extended absence, reporting 316,400 metric tons.

Mexico, Ukraine and Turkey remain just outside the top-10 countries in total production. Depending on economic conditions in the next few years, however, the three countries could threaten to unseat one or more of the more established metal casting countries like France and Italy.

Source: A Modern Casting Staff Report

Call for Papers – 63rd Indian Foundry Congress

Papers are invited for presentation at 63rd

Indian foundry Congress from Indian and Overseas Authors on Latest Technologies and Innovations in the Foundries. Preference will be given to practical papers.

Papers may be on any of the following subjects: � Improvement in Productivity, cost reduction, efficient resource management. � Harnessing co-operative strength in Cluster working. � Eco friendly technology, Efficient Management of Energy and Natural resources. � Original research work with commercial potential. � Quality Management techniques in Foundries, � Innovations in Process technology � Innovative techniques in Management of Modern Foundries and low cost Mechanization. � Achievements of Indian Foundries in Global Scenario � Case Studies and Successful turnaround Stories. � Skill Development Initiatives

Authors are requested to submit papers in English Language which have not been published earlier. Important Dates.:

Last date of receipt of Abstracts : 31st December 2014

Last Date of Acceptance : 15th January 2015

Last date of Receipt of Complete Paper : 31st January 2015.

Authors whose abstracts have been accepted are requested to submit full papers, Experimental Results, Discussions, Conclusions and references not exceeding 4000 words. Print area should be on A4 size in double spacing. Font size should be Arial 12 . For detailed instruction please visit link.: http://www.ifcindia.net/downloads/instruction_paper.DOC

Authors are also requested to register themselves at concessional fees as applicable to Authors if not done already. Please visit.: http://www.ifcindia.net/registration.php for registration Authors are also requested to book their hotel accommodation well in advance to avoid any inconvenience. Please visit: http://www.ifcindia.net/accommodations.php for accommodation details

Papers and all queries should be forwarded to : The Papers can also be submitted online at www.ifcindia.net Secretariat, 63

rd Indian Foundry Congress.

67, Tughlakabad Institutional Area, New Delhi – 110062 Telefax.: +91 11-29958028 Phone: +91 11 29960601 Mo.: 07042576709 E-mail.: fic@indianfoundry.org / info@incindia.net Web.: www.ifcindia.net

ITEMS

Price 13-12-14 Rs/Kg (Incl. Excise)

Price 20-12-14 Rs/Kg (Incl. Excise)

Pig Iron 31.8 31.2

Melting Steel Scrap 30.1 30.1

CRCA Scrap 32.3 32

Copper Ingot 459 451

Al. Ingots 176 174

� Some Turkish mills begin to pay more for domestic scrap � Brazilian ferrous scrap dealers cut prices by 6% for January � Nickel prices to climb in 2015 � Ukrainian export price for aluminum alloy down � Russian A7 aluminum ingot prices rise � High carbon ferrochrome prices stable in Russia � Rare deals in Russian low carbon ferrochrome market � Indian silicon metal prices drop further � Indian wire rod market slow � Japanese ferrovanadium prices stable with low activity � Japanese ferrosilicon market in low-level activity � Japanese ferromolybdenum prices stable and converters shutting down operations � US high carbon ferrochrome market experiences stagnation � Global steel scrap : Turkish prices rise, Asian market softer � Higher mid-month US scrap prices could continue into January � US and Turkish scrap prices increase strongly by 3-3.6% � LME nickel marginally higher after gloomy week, zinc, tin lower � Europe Q1 ferrochrome benchmark price down 6% qoq � Indian chrome, manganese ore production drops � European DP ferro-molybdenum price edges up, tungsten APT eases � Indian containerized scrap import avg prices drop sharply in November � Indian HRC prices stable � Chinese tellurium market dips, outlook seen weak � China ferro-alloys – low demand drags most markets, export duties rolled over � China FeCr import prices flat amid quiet trading

Source: Mr. B. Ramachandran, NELCAST Ltd.

Cabinet approves constitutional amendment bill for GST

THE Union Cabinet has approved the Constitutional Amendment Bill for Goods & Services Tax (GST). This is now expected to be introduced in the ongoing session of Parliament. The government intends to introduce GST from April 1, 2016. The bill needs to be approved by a two-third majority of the house. After this, it needs to be endorsed by at least half of the State Assemblies. Then the center will introduce separate legislation for GST. States, too, will be required to bring in legislations. The new regime would replace a number of indirect taxes currently being levied by

APPROX. MAJOR RAW MATERIAL PRICES…

IN THE NEWS ….

NEWS HEADLINES …

the Central and State Governments and is intended to remove cascading of taxes and provide a common national market for goods and services.

Government initiatives for investment in hydro power development

GOVERNMENT has taken a number of initiatives to boost hydro power development and hydro-power projects in order to meet the country's power requirements. Policy initiatives like National Electricity Policy, Hydro Power Policy, National Rehabilitation & Resettlement Policies and National Tariff Policy have been announced. At present there are 188 hydro stations with a total installed capacity of about 40,800 MW under operation. The total hydro capacity in India at the end of 12th Plan is likely to be around 50,000 MW.

TATA Motors in process of developing vehicles for defence sector

TATA Motors is in the process of developing vehicles for the defence sector, which are capable of carrying weapons. Mr AB Lall, plant head of the Jamshedpur unit of TATA Motors, said that "We have successfully tested the vehicles meant for defence sector. We are in the process of producing different variants of the vehicle, capable of carrying weapons and travelling in deserts. TATA Motors have been supplying vehicles to the defence sector for long, but the models were mainly troop carriers and that the company has bagged an order for around 585 units of its 'Minusma' vehicles from the United Nations as part of its support mission in East and North Africa. TATA Motors was celebrating 60 years of truck manufacturing at its first manufacturing and engineering facility in Jamshedpur, set up in 1945. He further added that "We have witnessed 40% improvement compared to the market scenario in November last year. We are producing 270 to 280 vehicle units (different variants) in our capacity of 480 vehicles per day."

'New energy technologies can boost Indian economy'

Adoption of new technologies in the energy sector in India would help the country boost its economy and could reach out to 80-110 million more people by 2025 besides curbing 180 million to 220 million tons of carbon emissions.According to the December 2014 report from research firm McKinsey & Co, the adoption of smart metering and technologies for advanced energy storage for unconventional oil and gas and solar energy can generate a market valuation between $21 billion to $27 billion by 2025. According to the report, the largest potential impact is smart metering, which is estimated to save the country $15 billion to $20 billion per year in 2025 in reduced transmission losses.Additionally, it is estimated that there would be further savings from reduced load on the grid and shorter outages.The next-largest contribution will come in from technologies which can increase the efficiency of energy generation and production."We estimate that India's energy intensity could be improved from 56 cents per kilogram of oil equivalent per dollar of GDP today to about 50 cents in 2025. Energy storage could create $5 billion to $10 billion of annual impact in 2025.”

Indian NMDC aims to produce 100 million tons of iron ore by 2020-21

It is reported that India’s Union steel & mines minister Narendra Singh Tomar has urged National Mineral Development Corporation Limited (NMDC) to reach 100 million tons of iron ore production by 2020~21.In order to raise the country’s availability of iron ore, NMDC is expected to produce 75 million tons by 2018-19 as the target was assigned in a review meeting.NMDC is currently capable of producing annual 30 million tons of iron ore. The government has set a target to raise annual steel production to 300 million tons by 2025.

German firms tap Kolhapur foundries for biz prospects

German Indian Business Centre (GIBC), an organisation formed by Niedersachsen state of Germany, has knocked the doors of Kolhapur-based foundry industry.

The centre said that the industry in Europe including Germany is phasing out due to strict environmental norms, but production has to be continued. Hence, several German companies are looking for partnership to carry out the production work with India being the potential place to do so.

For the purpose, Wolfgang Hoeltgen, founder of the centre, interacted with select industrialists from the city on Saturday evening. The meeting comes in the backdrop of India being the 'country partner' of the international exhibition at Hannover Messe, where Prime Minister Narendra Modi will be present along with German chancellor Angela Merkel.

Hoeltgen said, "Kolhapur is the second largest foundry hub in the country after Rajkot in Gujarat. The Indian government has already launched its programme 'Make in India' to attract manufacturing activities and the proposed business meet in Hannover Messe would support the purpose. We are keen to tap the markets in Rajkot and Kolhapur for better business prospects."

The centre functions as a facilitator for Indian companies to do business in Europe. It includes screening of companies that would match the product or service line of Indian client, market analysis and potential. GIBC also presented some case studies where Indian companies have formed joint ventures with firms from Germany, Turkey, Italy, etc., in the last couple of years.

Vishal Jadhav, director of GIBC (India), said, "Pump owners, machine makers and cam shaft makers from Kolhapur have the potential to develop business with Germany in Hannover Messe Courtesy : platts.com

Govt. Schemes: MARKETING DEVELOPMENT ASSISTANCE SCHEME (REVISED GUIDELINES W.E.F. 1.6.2013)

Salient Points of Revised Guidelines of MDA Scheme (w.e.f. 1.6.2013) are reproduced below for the information of member-exporters:

Export promotion continues to be a major thrust area for the Government. In view of the prevailing macro economic situation with emphasis on exports and to facilitate various measures being undertaken to stimulate and diversify the country’s export trade, Marketing Development Assistance (MDA) Scheme is under operation through the Department of Commerce to support the under mentioned activities:

(i) Assist exporters for export promotion activities abroad

(ii) Assist Export Promotion Councils (EPCs) to undertake export promotion activities for their product(s) and commodities

(iii) Assist approved organizations/trade bodies in undertaking exclusive nonrecurring innovative activities connected with export promotion efforts for their members

(iv) Assist Focus export promotion programmes in specific regions abroad like FOCUS (LAC), Focus (Africa), Focus (CIS) and Focus (ASEAN + 2) programmes.

(v) Residual essential activities connected with marketing promotion efforts abroad.

Assistance to individual exporters for export promotion activities abroad – Participation in EPC etc. led Trade Delegations/BSMs/Trade Fairs/Exhibitions :

(i) Exporting companies with an f.o.b. value of exports of upto Rs. 30 crore in the preceding year will be eligible for MDA assistance for participation in trade delegations/BSMs/fairs/exhibitions abroad to explore new markets for export of their specific product(s) and commodities from India in the initial phase. This will be subject to the condition that the exporter is having complete 12 months membership with concerned EPC etc. and filing of returns with concerned EPC/organisation regularly. However, this condition would not apply in case of a new EPC for a period of 5 years from the date of its creation. No such ceiling is applicable for participation in Focus LAC region.

(ii) Assistance would be permissible on travel expenses by air, in economy excursion class fair and/or charges of the built up furnished stall. This would, however, be subject to an upper ceiling mentioned in the table per tour.

Sl. No Area/Sector No. of visits eligible Maximum Financial ceiling per event

1. Focus LAC 1 Rs. 2,50,000

2. Focus Africa (Including WANA countries)

1 Rs. 2,00,000

3. Focus CIS 1 Rs. 2,00,000

4. Focus ASEAN +2 1 Rs. 2,00,000

5. General Areas 1 Rs. 1,50,000*

TOTAL 5 General Areas

For More Details : http://www.eepcindia.org/mda-scheme.asp

Notifications / Circulars:- MINISTRY OF FINANCE Deptt. of Revenue (Central Board of Excise & Customs : Circular No. 116/2014-Cus(NT),dt. 18-12-2014 Rate of exchange of conversion of each of the foreign currency with effect from 19

th December, 2014

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2014/cs-nt2014/csnt116-2014.pdf

GOVT. SCHEMES / NOTIFICATIONS ….

MINISTRY OF FINANCE Deptt. of Revenue (Central Board of Excise & Customs : Circular No. 109/2014-Cus(NT),dt. 17-11-2014 Makes amendment to Rule 7 of The Customs, Central Excise Duties and Service Tax Drawback Rules 1995

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2014/cs-nt2014/csnt109-2014.pdf

DOMESTIC:

From: 27.02.2015 to 01.03.2015

Venue: India Expo Centre, Gr. Noida

Organised By: The Institute of Indian Foundry – Northern Region

URL: www.ifcindia.net

INTERNATIONAL:

GIFA / METEC / THERMPROCESS / NEWCAST 2015

Form: 16 June 2015 - 20 June 2015

Location: Düsseldorf, Germany

URL: http://www.gifa.com

For Feedback, Suggestions, Advertisement, Corporate News, please email to :-- Foundry Informatics Centre 67, Tuglakabad Institutional Area, New Delhi-110062 Email: iiffic@bol.net.in / fic@indianfoundry.org Phone:+91-11-29960601, Telefax: +91-11-29958028 Url : www.foundryinfo-india.org Disclaimer : Although every care has been taken to ensure that information provided is correct, The Institute of Indian Foundrymen will not be responsible for any error or omission and it does not necessarily represent official opinion of the Institute of Indian Foundrymen.