The Indian automotive component makers are planning to invest USD 30 billion by 2020. The reason behind this investment is to increase the production capacity so that they may keep pace with the constantly growing auto market, said a report.
The Indian component makers have also made an announcement that injection mold companies they expect to have a total revenue of USD 25 billion for the present fiscal. According to the estimates of ACMA (Automotive Component Manufacturers Association of India), the auto sector reported a total sales of around USD 22 billion in the year 2009-10. Out of these total sales, the exports contributed approximately USD 3.8 billion. Vinnie Mehta, executive director at ACMA was quoted saying that the market is consistently growing with the local players trying to cope up with the buoyant domestic demand. Export orders are positive and ACMA is looking at free trade agreements (FTA) with countries like Brazil, South Africa and Iran which could be a ready market for India-made products.
Presently, ACMA is giving attention on the safeguarding measures from the government against cheap imports of finished parts, especially those from China. The association also said that the component imports grew 20 per cent last fiscal to USD 8.2 billion. While the reason behind this was the record sales in passenger cars and two-wheelers, the demand has also been increased with the Indian automobile industry giving its best ever monthly sales in July which included the total vehicle sales growing 32 per cent to 12.4 lakh units. ACMA President Jayant Davar said that this is an alarming situation and it is not good for the domestic industry. They are engaged in a discussion with the government for some safeguard measures such as anti-dumping duty. ACMA has also expressed its plan for investing USD 3 billion every year for the next decade. This will be done in order to meet the growing demand.
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Thanks to NASA people across the globe are enjoying a great night's sleep on their memory foam mattresses. The special substance making up these products was first used by astronauts as they were propelled through space.
Now it graces many beds throughout the world, ensuring that users relax deeply during their slumber. Conventional mattresses normally contain a system of springs that give support to those that use them.However, over time they can lose their vitality and may be unable to adapt to the frame of the user as they sleep. Memory foam mattresses are fast becoming the product of choice for both healthy shoppers and those who battle medical conditions.
Waking to get comfortable during the night may cause tiredness the next day, but bed toppers of this kind are designed so they mold themselves around sleepers. This means they provide the utmost support to joints throughout the body.Users report that the special material assists in the alleviation of some pain, such as back and neck discomfort.
This is because worn mattresses may push spines out of alignment with the rest of the body, potentially causing stiffness and pain. Not all products of this type are identical, meaning shoppers have a great range to choose from when they visit online or high street stores that stock them. It is recommended to spend some time thinking about the desired thickness of the item.The density of the bed topper is a reflection of the support it can offer and its firmness.
Likewise, they vary in thickness, with some shoppers buying them as standalone products and others purchasing them to add the finishing touches to bedsteads that already feature box-spring products. Allergy sufferers are advised to check that their potential purchase is hypoallergenic so they are free to sleep without sparking reactions.