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Phillip’s machine manufacturing arm will bring Titanium and other hi-tech materials to India

Economic TimesEconomic Times · 9m ago
Phillip’s machine manufacturing arm will bring Titanium and other hi-tech materials to India
Medial

Phillips Machine Tools (PMT) will launch a dedicated 3D materials division in India to address the lack of locally available high-tech consumables and raw materials, such as titanium. The company plans to secure an import license and cater to industries like defense, aerospace, renewable energy, electronics, and health tech. PMT aims to become a leader in advanced manufacturing technologies and is working on sourcing materials from international markets. They are also exploring a range of advanced 3D-printable raw materials to support aerospace and defense startups. Additionally, PMT will collaborate with partners to produce artillery shells and increase India's capacity for high-precision defense components.

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Hi-tech Pipes' Rs 600-crore QIP to open next week; funds to be used for doubling capacity

Money ControlMoney Control · 11m ago
Hi-tech Pipes' Rs 600-crore QIP to open next week; funds to be used for doubling capacity
Medial

- Hi-Tech Pipes plans to raise up to Rs 600 crore through a qualified institutional placement (QIP) to double its pipe manufacturing capacity. - The funds will be used to set up new plants and increase capacity from nearly a million tonnes to nearly 2 million metric tonnes per annum. - The QIP is expected to open in the coming week and has received a strong response during roadshows. - Hi-Tech Pipes is the third-largest pipe maker in India with marquee clients such as BHEL, SAIL, NTPC, and Adani Group. - The company aims to be debt-free by FY26 and has achieved record sales volumes in Q2FY25, driven by increased demand in infrastructure, water transportation, and solar energy sectors. - Shares of Hi-Tech Pipes have surged over 40 percent in the last three months, with one-year gains of over 125 percent.

The Most Important Tech Company You’ve Never Heard of Is a Major Reason Computers Keep Getting Faster

LivemintLivemint · 1y ago
The Most Important Tech Company You’ve Never Heard of Is a Major Reason Computers Keep Getting Faster
Medial

The article discusses how materials science, rather than shrinking individual components on microchips, is now driving performance gains in computers. Companies like Applied Materials are focusing on manipulating materials at the atomic level to make chips faster and more capable. As chip makers reach the limits of miniaturization, materials science plays a crucial role in developing new compounds and manufacturing processes. This shift towards three-dimensional chips has increased complexity and requires expertise in depositing materials and etching away unwanted ones. Applied Materials and other materials science firms are key players in advancing chip technology.

Applied Materials expands collaboration with Indian semiconductor firms

Economic TimesEconomic Times · 1y ago
Applied Materials expands collaboration with Indian semiconductor firms
Medial

US chip equipment supplier Applied Materials will partner with semiconductor supplier organizations in India to expedite commercialization and develop a sustainable semiconductor ecosystem. The company previously announced plans to establish an engineering center in Bengaluru with a $400 million investment over four years to advance technologies for semiconductor manufacturing equipment. The engineering center will facilitate collaboration between engineers, suppliers, and research institutions to accelerate the development of semiconductor equipment and components. Applied Materials estimates that the center could generate 500 new engineering jobs and 2,500 jobs within the manufacturing ecosystem.

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