The Indian automotive industry is poised to achieve its ambitious target of up to âš25,000 crore (about $3 billion) reduction in import value in the five years through this fiscal-year end by accelerating localisation of advanced parts such as electric motors, airbags and automatic transmissions, said industry executives. As per the plan, several projects were initiated to cut parts imports and boost localisation by up to 20% from FY20 levels across 11 critical categories including drive transmissions, engines, steering, electronics and electrical parts. These components comprise about 70% of total imports. Auto and parts makers achieved net localisation or gains of localisation efforts minus incremental imports due to increase in volumes of âš7,018 crore in the two years through FY22, as per an assessment on localisation programmes conducted by industry bodies SIAM (Society of Indian Automobile Manufacturers) and ACMA (Automotive Component Manufacturers Association). The industry is working on realising net localisation of an additional âš17,977 crore in the three years to FY25. A reassessment of the localisation targets achieved by the domestic automotive industry will be undertaken after March-end, following which fresh targets will be set in consultations between the industry and government to further strengthen local manufacturing of automobiles and auto parts, the executives said. "Value-addition from the Indian auto components industry has gone up significantly in the last couple of years. In the first phase (till FY22), we achieved double the target of attaining localisation level at about 6%," said Shradha Suri Marwah, president, Acma. "The second phase is underway. The industry is targeting deepening localisation by another 15%". 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View Program As much as 28% of total components valued at $11 billion were imported in the first half of this fiscal year, largely from China, Japan, South Korea and Germany. Imports during the period rose by 4%. Auto parts exports from the country, though, grew at a faster clip of 7% to $11.1 billion between April and September 2024. This included exports to mature markets in North America, Europe and Asia. With annual car sales alone estimated to double to 9-10 million units by the turn of the decade, senior industry executives said component makers are making large investments to boost capacity as well as technological capability. "The moderation in growth rate being seen in vehicle sales in the country is a temporary blip. There may be some minor delays on part of component makers in mobilising investments. But mid-term, the capex cycle is strong and on track," said a senior industry executive who did not wish to be named. "Investments are planned in expanding physical infrastructure, developing design and technological knowhow and skilling (the workforce) to support future growth." Anmol Jain, managing director, Lumax Auto Technologies, said the company is making fresh investments to expand capacity at its Pune facility and to build a new plant in Sanand, Gujarat to meet customer demand. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
Viral Thanksgiving strangers Jamal Hinton, Wanda Dench set to continue beloved tradition for 9th year: âHeâs changed my lifeâLast year, North Olmsted Coach Matt Joseph was on the sidelines for Midview, as an assistant coach. In his first game as the Eagles coach, his team was tested. After 17 practices, they faced Amherst in the 2024 DiFranco Classic at Midview. Comets freshman Jack Coleman hit the go-ahead shot to spoil Josephâs homecoming with a 51-50 win. PHOTOS: Midview DiFranco Classic basketball, Nov. 27, 2024 /*! This file is auto-generated */!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i
On November 22, 2024, the U.S. Supreme Court granted two petitions for certiorari to review the U.S. Court of Appeals for the Fifth Circuitâs (Fifth Circuit) en banc decision in Consumersâ Research v. Federal Communications Commission holding that the universal service support mechanisms administered by the Federal Communications Commission (FCC) are unconstitutional. The FCC and several private intervenors from the case below petitioned the Supreme Court for review, arguing that the Fifth Circuitâs decision was wrong and that the circuit split and the uncertainty generated by the decision merited the Supreme Courtâs review. Bottom Line: While the Supreme Courtâs acceptance of the case for appeal was expected, the Courtâs request for briefing on the mootness issue is a bit of a surprise. By raising the issue, the Court could potentially be creating a path for it to avoid having to decide the issue of the constitutionality of the Universal Service Fund. Notably, in granting the petitions for certiorari, the Supreme Court, requested sua sponte (i.e., on its own motion) that parties should brief and argue â[w]hether this case is moot in light of the challengersâ [Consumersâ Research] failure to seek preliminary relief before the Fifth Circuit.â This request alludes to the Fifth Circuitâs en banc opinion, where it evaluatedâalso sua sponte âwhether the challengersâ claim was moot because they had suffered a âpocketbook injuryâ that may no longer be redressable because of sovereign immunity. At the time the Fifth Circuit issued its decision, the challengers had already paid their universal service contributions for the quarterly contribution rate that was at issue in the case. As the Fifth Circuit observed, claims against the federal government for monetary damages are barred by the doctrine of sovereign immunity, meaning that the challengersâ harms would no longer be redressable even if they won. The Fifth Circuit nevertheless determined that mootness did not apply because the injury was capable of repetition yet evading review. That exception to the mootness doctrine applies where: (1) the challenged action is in its duration too short to be fully litigated prior to cessation or expiration, and (2) there is a reasonable expectation that the same complaining party will be subject to the same action again. In the FCCâs petition for certiorari, the agency agreed that the exception applied and that the case was therefore not moot. What Should We Make of the Supreme Courtâs Request for Briefing and Argument on Mootness? The Supreme Courtâs request for briefing and argument on mootness can be read in two ways, both of which might be at play. First , the Court might not be so convinced that the capable-of-repetition-yet-evading-review exception to the mootness doctrine should apply here. The Courtâs mention of the âchallengersâ failure to seek preliminary reliefâ is inviting briefing and argument on whether the case is not necessarily one that âevades reviewâ because the challengers could have sought a stay or injunction of the contribution requirements for that quarter. (The challengers brought the suit at issue challenging only the quarterly contribution rate determination that applied for the first quarter of 2022.) Second , the Court may have other considerations in mind. If the Court were to decide the case on the merits (rather than on mootness), then the Court would be required to reach the constitutional questions raised in the caseâi.e., whether the universal service program violates the nondelegation doctrine. On the challengersâ view of the nondelegation doctrine, Congress may not delegate to the executive branch (i.e., administrative agencies) any lawmaking power. If the Court were to adopt a stronger nondelegation doctrine as the challengersâ urge, this could have potentially sweeping consequences for the so-called âadministrative stateâ and how much Congress may rely on agencies to promulgate regulations. Given the recent cases reigning in the power of the administrative stateâe.g., West Virginia v. EPA (major questions doctrine) and Loper Bright Enterprises v. Raimondo (overruling Chevron deference)âthe Court may not feel particularly eager to keep up the pressure on the administrative state. However, the Court may not want to issue an opinion reaffirming Congressâs ability to delegate broad powers to agencies. Thus, deciding the case on mootness grounds would allow the Court to save the nondelegation question for another day. What Happens if the Supreme Court Decides the Case on Mootness Grounds? One might ask: if the Supreme Court decides that the case is moot as of the date the Fifth Circuit issued its decision below, does that mean the Fifth Circuitâs en banc decision would be vacated? The answer is likely yes. A case from December 2023, Acheson Hotels, LLC v. Laufer , shows why this is so. There, the Court held that the voluntary dismissal of the suit by the plaintiff below, while on appeal to the Supreme Court, rendered the case moot. The Court, relying on United States v. Munsingwear, Inc. , remanded the case to the court of appeals with instructions to vacate the case as moot. Thus, even though the case had not become moot until after the court of appeals issued its decision, Acheson Hotels still vacated the appeals courtâs decision. Here, where the facts suggesting mootness had already arisen when the Fifth Circuitâs en banc decision was issued, the circumstances for vacating the decision would be even stronger. How Does the Change in Administration Affect the Case? Like so many things with a change in administration, the short answer is that it is probably too soon to tell. But we can make some educated guesses. Under the Supreme Courtâs rules, a petitioner must file the opening brief within 45 days of the order granting certiorari, which would make the opening briefs due January 6, 2024. Although parties often request extensions beyond that 45-day timeframe, the current administration and solicitor general may wish to get their brief on file before the change in administration occurs on January 20, 2025. However, under no reasonable timeline would we expect the governmentâs reply brief to be due until after the change in administration. That would potentially leave the new administration room to shift course. At the furthest end of the spectrum, the Solicitor General and FCC might choose to stop defending the universal service support mechanisms. In the middle, the government might shift course by arguing that the case is moot, thereby allowing the Supreme Court to save the nondelegation question for another day. (Recall that the FCCâs petition for certiorari argued the case was not moot.) It is entirely plausible that the government would continue arguing the case is not moot and that the Court should decide the nondelegation question in the governmentâs favor. Of course, many aspects of the FCCâs universal service programs have historically attracted broad bipartisan support. With todayâs focus on universal broadband, difficult-to-serve rural and remote areas tend to be the largest net funding recipients and, in recent years, those states have tended to vote Republican. At the same time, incoming FCC Chairman Brendan Carrâs chapter of Project 2025 criticizes the overlapping and potentially duplicative array of broadband infrastructure programs spanning numerous federal agencies, heightening the risk of overbuilding, wasteful duplication, and inefficiency. He further argues that appropriated broadband funding under the American Rescue Plan Act (ARPA) and the Infrastructure Investment and Jobs Act currently gives the federal government âmore than enough resources to meet its broadband connectivity goals.â In this context, it is at least possible that the new Administration may conclude that this moment offers more breathing room than most to force a legislative revamp of the FCCâs universal service mandate that observes stricter nondelegation limits. Certainly, the incoming Administration will, at a minimum, face conflicting political pressures in determining how to shape its Supreme Court advocacy in this case.Gemcor provides flexible automated solutions for precision-based drilling and fastening applications, blending proven reliability with next-generation technology MACOMB, Mich. , Dec. 17, 2024 /PRNewswire/ -- Since 1937, Gemcor Production Solutions (Gemcor) has installed over 2,000 automated fastening systems worldwide, integral to the manufacturing process of aerostructures throughout modern history. Acquired by Ascent Aerospace in 2016, its advantage is its heritageâa patented, roller-screw technology that provides manufacturing flexibility with many benefits, including shorter cycle times, extended life, and cost savings. "Gemcor products truly set the standard in the industry. With over 80 years of innovation and 100 installations alone in the last ten years, nothing is as reliable or adaptable as a quality-tested factory solution for airframers," shared Dan Friz, Vice President of Business Development and Sales at Ascent Aerospace. Automation and integration were central to Gemcor's evolution under Ascent. "Working directly with legacy Gemcor customers, we were able to pinpoint steps in the production process where opportunities existed to innovate," said Michael Hinckley , Director of Strategic Programs at Ascent Aerospace. "To provide a turn-key solution, we incorporated an automated fastener loading system and integrated a maintenance platform and equipment into the overall production system." For Ascent's customers, quality and cycle-time reductions were key factors in Gemcor's innovation. "The enhanced visual quality inspection with machine learning capabilities, built-in cycle time optimization, and the ability to enable future 'lights-out' operations are just a few of the added benefits of Gemcor's offerings," added Hinckley. "Each of these improvements allows our customers to ramp up production and save on costs, with zero compromise on quality. Our customers trust the legacy capabilities of the Gemcor product line, and the integration into Ascent Aerospace has not only solidified the brand, it has enhanced the overall capabilities." Gemcor's latest technology boasts a fully integrated wing panel assembly production system and six large C-Frame Gemcor machines that provide fastener feed, drill, countersink, sealant application, swage, shave, and multiple inspection capabilities. In addition, two product lines with Gemcor accessibility from both sides of the product, as well as eight automated positioning systems for positioning and holding wing panels. A traffic controller that provides coordinated movement between positioning systems, Gemcor machines, and material handling has been developed to provide personnel safety. In addition, a remote control operation station enables a single operator to safely monitor and run multiple machines simultaneously. "We worked directly with Siemens to develop a new motion control solution within Gemcor that supports the SINUMERIK software platform," shared Friz. "The ability to execute closed-loop force feedback with drilling and riveting operations with Siemens' state-of-the-art controller has reduced cycle times while providing a familiar solution for our customers. We pride ourselves at Ascent on our ability to be flexible throughout our design and engineering process, where we work closely with each customer to provide systems that meet specific facility needs and exceed quality expectations." Gemcor products offer fastening applications to provide efficient fastening rates and high productivity for airframers. Gemcor's latest in a range of technological enhancements includes incorporating continuous improvement processes into its SCADA system to provide critical data for customer-defined KPIs and clear, customizable reports. "This will allow manufacturers to access a user-friendly dashboard that shows how the system is performing," shared Nick Battle , General Manager - MI at Ascent Aerospace. "Using machine learning, this feature will also provide predictive maintenance and process action suggestions, OEE, and Statistical Process Control (SPC)." The integration of machine learning is just one important development of many when it comes to Gemcor's capabilities. Additional features using the latest technologies to enhance Gemcor's systems for customers include various software integrations and the use of AI deep learning to optimize performance and reduce cycle times. "Our goal at Ascent with Gemcor product development has been to increase accuracy, repeatability, and reliability while saving our customers time and resources throughout their manufacturing life-cycle. We have achieved this with the help of industry partners and the dedication and hard work of our talented employees," added Battle. Ascent is continuously adapting Gemcor to meet customers' changing needs as technology advances. "From process engineering to build and installation, our process is to work closely with customers to develop their projects and see them through to ensure we are providing an efficient and cost-effective solution." Additional Gemcor Production Solutions features: With offerings for a range of applications â from fuselages, wings, to engine nacelles and ducts, to its complete range of system regulations to include stand-alone riveters, semi-automatic systems, full multi-access CNC systems, and robot-based systems â Gemcor is a proven leader in automated drilling and fastening systems and is the factory solution to meet current demand across aerospace markets. Ascent Aerospace is a world-renowned, factory solutions provider of production and automated assembly systems for space, defense, and commercial aerospace industries. In addition to Gemcor Production Solutions, Ascent produces a full suite of both mold and assembly tooling required for the aerospace manufacturing market, including the largest Invar molds ever madeâ making Ascent the largest tooling group in the industry. As a true factory solutions partner, Ascent has the technology to support customers' builds throughout the lifecycle of their program. For inquiries regarding Gemcor Production Solutions, contact Al Bolen at al.bolen@ascentaerospace.com . Learn more at: https://ascentaerospace.com/ Contact: Dan Friz daniel.friz@ascentaerospace.com SOURCE Ascent Aerospace