Not long ago, India’s underwhelming manufacturing industry was symbolized by its best-known car: the Ambassador. Modeled on a British car from the ‘50s, the boxy Hindustan Motors sedan dominated Indian roads for decades. Well into the 1990s, it was to India what the Lada was to the Soviet Union or the Trabant to East Germany, testimony to the technological shortcomings of an economy cut off from the world and shaped more by bureaucrats than by market forces.Manufacturing in India still faces problems, including poor infrastructure, red tape, disconnectedness from global supply chains, and restrictive labor laws that have stymied the growth of business and limited economic dynamism. Nonetheless, over the past decade, hardly noticed by much of the world, the country’s auto industry has quietly scripted a success story. The land of the clunky Ambassador now houses one of the world’s major automobile industries. In terms of output—nearly 3.8 million cars a … [Read more...] about Can Indian Manufacturing Be the Next Chinese Manufacturing?
Just in time manufacturing
A no-deal Brexit would cost Japanese carmakers in Britain more than $1bn a year if 10% tariffs were imposed on trade between the UK and EU, new analysis suggests. Nissan, Toyota and Honda together account for almost half of UK car production but trade under World Trade Organization terms could cost the companies $1.17bn (£899m) in operating profit, according to calculations published on Monday by Moody’s Investors Service, an influential ratings agency. Nissan and Honda have already pulled investment from the UK this year, with Brexit thought to be a factor. Nissan in January said it would build its new X-Trail sports utility vehicle in Japan at the expense of more than 700 potential new jobs in Sunderland, while Honda said it would close its Swindon plant in 2021, putting at least 7,000 jobs at risk. The direct impact of a 10% tariff, which is currently applied by the EU on countries without a trade deal, could cost Toyota $490m (£376m) annually, Moody’s said. … [Read more...] about No-deal Brexit could cost Japanese carmakers in UK $1bn a year
Just in time for SpaceIL's spacecraft Beresheet to land on the moon, the food and beverage manufacturer Strauss Group has developed a futuristic new snack that leverages the same technology used by NASA food scientists to make astronaut food, according to a report by Calcalist. The product, called Astro, is a nutritional cube made from freeze-dried fruits, vegetables and grains. In an interview with Calcalist, Strauss Group Chief Innovation Officer Shahar Florence said that Astro is part of the company’s efforts to gain global advantage through innovation. He said he hopes to have the product on the shelves – and virtual shelves – of the largest US realtors, such as Walmart and Amazon. Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>> Tags: food space innovation … [Read more...] about Strauss develops ‘Astro’ food just in time for spacecraft launch
Honda claims Brexit had nothing to do with the decision to shutter its Swindon plant, but almost nobody seems to be buying it. The consensus among industry pundits is that it suits Honda to avoid dipping its toe into the toxic pool of Brexit. Even the business minister, Greg Clark, appeared to detect a whiff of Brexit in the decision, saying during the fallout that manufacturers’ no-deal warnings were not “project fear” but “project reality”. Honda and the wider automotive sector have been vocal in their dismay at the government’s endless shilly-shallying, making it now harder to believe the company when it plays Brexit down. Failure to rule out a no-deal exit leaves carmakers facing nightmarish levels of disruption to the crucial just-in-time manufacturing processes that make them tick. But there are myriad other reasons for Honda to scale back its UK operations and – even more concerningly – for rivals to follow suit. The backdrop is a … [Read more...] about Honda’s decision is a vote of no confidence in Britain’s future
GREENWOOD — Greenwood technically may no longer be the Cotton Capital of the World, but it just might be the Historic Stoplight Capital of the World. That’s according to Barrett Williams, a historic preservationist dedicated to preserving and recreating streetscapes to match the historic buildings that line them. Along with Mayor Carolyn McAdams, former Chief Administrative Officer Thomas Gregory, the late state Rep. May Whittington and other key players, Williams led a crusade over the last two decades to preserve vintage four-way traffic signals in Greenwood and to replace all modern ones that had crept in over the years. The goal was to preserve and enhance downtown’s historic vistas. “Greenwood boasts 64 vintage four-way traffic signals controlling traffic from overhead span wires at some 30 intersections — more than any other city in the U.S. or the world,” Williams said. The hooded lights that dangle and sway across most of Greenwood’s … [Read more...] about ‘I felt like I had traveled back in time.’ The history of downtown Greenwood’s historic stoplights