- Vedanta Aluminium
- Metal Bazaar
- SMES
- Aluminium
- procurement
- digital
Vedanta Aluminium’s Metal Bazaar Sees 35% Increase in SME Users
- by MT Bureau
- November 06, 2024
Vedanta Aluminium has announced that its e-commerce platform, Metal Bazaar is making significant strides in transforming the buying behaviour of small and medium enterprises (SMEs).
In just six months since its launch, SME users have increased by 35 percent and active users have surged by 240 percent, mentioned sources close to the company.
With no purchase limits or caps, Metal Bazaar is providing businesses with direct access to aluminium in the quantities they need, eliminating third-party intermediaries, which is particularly helpful for small and medium enterprises (SMEs).
The streamlined, one-stop solution is enabling smaller businesses to focus on growth rather than procurement complexities. This impressive growth underscores a broader trend among Indian businesses towards adopting efficient, transparent and digital procurement solutions.
The platform successfully launched a WhatsApp chatbot for customers recently. This user-friendly chatbot is enabling customers to quickly and easily access essential information such as free balance, dispatch details etc.
It is aligning with the evolving needs of ‘Digital India’ by providing seamless access to high-quality aluminium products. Its intuitive interface and innovative features have particularly addressed the procurement challenges faced by SMEs. By streamlining processes such as instant orders, price locking and real-time shipment tracking, Vedanta Metal Bazaar is transforming traditional sourcing methods and enabling businesses to focus on growth.
Speaking about the remarkable performance of the platform, Sunil Gupta, Chief Operating Officer (COO), Vedanta Aluminium, said, “Vedanta Metal Bazaar is not just a platform; it’s a revolution in how aluminium procurement is approached. Our solution simplifies the procurement journey and adds significant value to our customers. The strong adoption we’re seeing is a testament to the platform’s alignment with the evolving needs of businesses of all sizes in India, and we remain committed to enhancing it to serve our customers even better.”
- Ola Electric
- Ola Futurefactory
- International Convention on Quality Control Circles
- ICQCC
- shopfloor
Ola Electric’s Futurefactory Bags 5 Gold Awards At 49th ICQCC
- by MT Bureau
- November 19, 2024
Ola Electric, one of India’s largest pure-play EV companies, has bagged five Gold Awards at the 49th International Convention on Quality Control Circles (ICQCC) held in Sri Lanka in November 2024.
This landmark recognition was achieved by the company’s all-women workforce from Ola Futurefactory in Krishnagiri, Tamil Nadu, who competed against industry peers from 14 countries.
The EV maker’s five teams won for the following projects –
Paint Shop: Innovation in optimisation strategies that slashes operational costs.
Motor Division: Enhancing product competitiveness by reducing Cost of Poor Quality (COPQ).
General Assembly: Accelerating time-to-market by increasing capacity in the front fork sub-assembly process.
Battery Shop: Improve battery pack productivity in order to meet the growing customer demands.
Weld Shop: Improving robotics throughput to enhance operational efficiency and streamline workflows.
Ola Electric acknowledged the role of its women-led teams from rural backgrounds, who showcased their work at the factory’s paint shop, motor shop, general assembly line, battery shop, and welding shop.
“This recognition at ICQCC is a testament to our relentless pursuit of excellence with our incredibly talented women at the helm of the EV revolution at our Futurefactory. It reflects our ethos of blending innovation with empowerment and setting new benchmarks on the operational-heavy automotive shop floors, which are traditionally dominated by men. We are extremely happy to have started this shift in the Indian automotive manufacturing landscape and are committed to bringing more women on the shop floors,” commented an Ola spokesperson.
- Siddharth Kirtane
- appointment
- President
- EV Division
- e-truck
- heavy-duty
- Propel Industries
- coimbatore
Siddharth Kirtane Appointed President, EV Division, Propel Industries Private Limited
- by Bhushan Mhapralkar
- November 18, 2024
Coimbatore-based Propel Industries Private Limited has announced the appointment of Siddharth Kirtane as the President of its EV Division that makes heavy-duty e-trucks for construction and mining applications. Propel Industries – specialising in the manufacture of crushing equipment – homologated its electric heavy-duty Tipper (470 HEV) is September 2024 and has since been offering it in two battery variants—385 kWh and 256 kWh.
With a long-standing experience in the commercial vehicle industry in India as Head – Brand and Marketing, Volvo Trucks India; as Business Head – Construction and Infrastructure, Volvo Eicher Commercial Vehicles Ltd, and as Vice President, Marketing, Daimler India Commercial Vehicles, Kirtane will leverage his knowledge and expertise to scale up the EV business in his new role.
- festive season
- 42 days
- 2024
- FADA
- statistics
- sales
- automotive
- India
Automobile Sales This Festive Season Exceed That Of The Last Festive Season
- by MT Bureau
- November 15, 2024
The 42 days festive period vehicle retail data for 2024 that the Federation Of Automobile Dealers Associations (FADA) has released, the overall sales of automobiles during this festive season have exceeded that of the last festive season.
"I am delighted to announce that the automobile retail sector has achieved a new milestone, surpassing last year's festive records. We witnessed a remarkable surge in numbers since the beginning of Navratri, nearly hitting our forecasted target with 42.88 lakh vehicles registered during this period — a growth of 11.76 percent over last year's 38.37 lakh units,” mentioned C S Vigneshwar, President, FADA.
Two-wheeler sales were particularly robust, according to him, registering a 13.79 percent growth to reach 3.31 million units, largely driven by strong rural demand.
Passenger vehicle sales bounced back after a decline of roughly two-to-three months with a growth of 7.10 percent to 0.6 million units, spurred by pent-up demand and unprecedented discounts available in the market.
Acknowledging that the target of 45,00,000-unit sales could have been fully met or even exceeded were it not for the unseasonal heavy rains in South India (especially in Bengaluru and Tamil Nadu) and the Cyclone Dana that affected Odisha, Vigneshwar averred, “FADA anticipates – as the festivities conclude – that passenger vehicle stock levels will reduce further from was reported in the October retail data press release.”
“FADA advises caution as the complete picture on inventory will emerge by month-end,” he added.
Stating that FADA urges OEMs to focus on liquidating 2024 stock so that Dealers can enter 2025 with ideal FADA-recommended 21 days of inventory, Vigneshwar said, “Its 1.5 months remaining before the calendar year ends.”
Category |
Festive Season 2024 |
Festive Season 2023 |
Growth Percentage |
Two-wheelers |
33,11,325 units |
29,10,141 units |
13.79 |
Three-wheelers |
1,59,960 units |
1,49,764 units |
6.81 |
Commercial Vehicles |
1,28,738 units |
1,27,436 units |
1.02 |
Passenger Vehicles |
6,03,009 units |
5,63,059 units |
7.10 |
Tractors |
85,216 units |
86,640 units |
- 1.64 |
Total |
42,88,248 units |
38,37,040 units |
11.76 |
- TIG welding
- workshop
- skill development
- upskilling
- Auto Cluster
- Chinchwad MIDC
- Pune
- 3 day workshop
- manufacturing
- automotive
TIG Welding Technology Workshop By Auto Cluster
- by MT Bureau
- November 15, 2024
The Auto Cluster Development And Research Institute, Chinchwad MIDC (Pune), is conducting a three-day workshop on TIG welding technology in its campus on 27-29 November 2024.
Lead by experts in the respective field such as Chandrakant Vaidya, who has over 40 years of experience in QAC and welding (and has worked at ENPRO Industries, Thermax and Babcock and Wilcox Energy System), and Vijay Patole, who too has over 40 years of experience in welding, the workshop will delve a variety of topics in the field of TIG welding.
Besides introducing the attendees to TIG welding, the workshop will delve into TIG welding theory, TIG welding equipment and setup, demonstration and hands-on practice, TIG welding techniques, welding different materials, welding positions and techniques, joint types, advanced TIG welding techniques, quality control, troubleshooting, weld quality inspection, final practice and project, industry-specific applications and welding equipment maintenance among other areas of knowledge and information.
The three-day workshop would include breakfast and lunch. The workshop has been specifically curated to ensure skill development and upskilling of those who are seeking to upgrade their skills in the respective field of manufacturing technology.
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