Wednesday, 4 January 2023

The commerce department has initiated investigation into dumping allegations on imports of certain printed circuit boards (PCBs) originating from China and Hong Kong. The Directorate General of Trade Remedies (DGTR), part of the Commerce and Industry Ministry, in a notification on Tuesday said the Indian Printed Circuit Association (IPCA) had alleged material injury to the domestic PCB industry owing to the dumping of these electronic goods and sought the imposition of anti-dumping duty on such imports from the two jurisdictions.

San Diego-based General Atomics Aeronautical Systems (GA-ASI), a subsidiary of General Atomics, on Wednesday announced its partnership with Bharat Forge Ltd. The move is expected to result in significant capability-building for both companies and provide an impetus to the Indian large, unmanned aircraft industry.


It will also help India develop a manufacturing ecosystem for high-end drones. The move will provide India with an opportunity to manufacture main landing gear components, subassemblies, and assemblies of remotely piloted aircraft in the country.

"GA-ASI is eagerly looking forward to working with Bharat Forge in the critical field of aerostructure manufacturing," PTI quoted Vivek Lall, Chief Executive of General Atomics Global Corporation, as saying.

With over five decades of experience in manufacturing a wide range of high-performance, critical safety components, Bharat Forge offers full-service supply capability from concept to product design, engineering, manufacturing, testing, and validation, a media release said.

"Bharat Forge's expertise in the field of forging is known globally, and their outstanding contributions in the aerospace sector has inspired us to work together for building the next generation of the world's most advanced unmanned aerial vehicles," said Lall.

Baba Kalyani, Chairman and Managing Director of Bharat Forge Limited, said that aerospace is a high 'technology intensive' domain, which relies on product integrity, reliability, and zero defect.

"This is a culture by itself and demands a strong focus on people and processes. As part of our Aerospace Growth Strategy, our collaboration with GA-ASI is a strong testimony of our culture in Bharat Forge Aerospace to assimilate and demonstrate the same, as partners to General Atomics, in making India Atmanirbhar," Kalyani said.


India Daybook – Stocks in News

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