&w=3840&q=100)
Bullet train trial runs to be conducted on E5 Shinkansen trainsets
Dhruvaksh Saha New Delhi
Listen to This Article
The Ministry of Railways will conduct trial runs for the Mumbai-Ahmedabad High-Speed Rail (HSR) corridor on the Japanese E5 Shinkansen trainsets and will later run the latest version of the train, sources aware of the matter said.
'The Japanese Shinkansen is currently running E5 trains. The next-generation trains are E10. In the spirit of the strategic partnership between Japan and India, the Japanese government has agreed to introduce E10 Shinkansen trains in the Mumbai-Ahmedabad Bullet Train project. It is noteworthy that E10 will be introduced simultaneously in India and Japan,' the ministry said on Monday, refuting allegations that the government
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
10 minutes ago
- Hans India
President Trump announces 15% reciprocal tariffs on Japanese imports; Prime Minister Ishiba responds, ‘Details must be reviewed carefully
This week, U.S. President Donald Trump announced that the United States has signed a Trump Japan trade deal with Japan that includes a 15 percent duty on Japanese imports, and also outlines an investment plan of $550 billion. In the past, Trump had warned Japan about imposing the 25 percent US-Japan tariffs 2025 on the 1st of August if negotiations fail. "We have just concluded a huge Deal with Japan, perhaps the biggest Deal ever signed," Trump posted on his Truth Social platform. According to the statement of the president the agreement states it is "Japan commits, under My direction, 550 billion dollars in the United States, which will take 90percent of profits. "Without explaining the nebulous investment plan, he claimed that the agreement "will result in the creation of hundreds of thousands of jobs." "Perhaps the most important thing is that Japan will open their country to trade including cars and trucks as well as rice and other agricultural products, among other items. A 15% tax will be applied to Japanese exports that are to America. U.S. as part of the reciprocal tariffs on Japanese goods," he stated. Shortly after it was announced, Japan's prime minister responded by saying the country "needs to study the specifics of the US-Japan trade relations". "As to what we should consider the results of the talks I'm not in a position to comment until we thoroughly review the details of the talks and the agreement," PM Ishiba trade response in Tokyo according to AFP. "As our government we believe (the agreement) will be in the best interest of our nation," he added. Trump's trade announcement is scheduled to take place in conjunction with Japanese Prime Minister Shigeru Ishiba's tense weekend elections, in which his coalition was defeated within the top house. Trump has been under pressure from the public to sign Japan trade policy 2025 prior to the deadline of August 1 for Trump 15% tariffs and has promised a variety of agreements.


Economic Times
10 minutes ago
- Economic Times
Japan's tariff relief sends positive signal to global markets: Steve Englander
"I think that the markets seem to be relieved that the worst has not hit. It also seems that the auto sector got itself like 15% tariffs which is a bit better than many were expecting," says Steve Englander, Standard Chartered Bank. ADVERTISEMENT First up, the biggest news for morning today is the news coming in on, of course, tariff. There is finally some news that has come out, with Japan they have struck a deal. It is the way the market is reacting especially the Nikkei has jumped up. It seems like investors had gotten way too pessimistic and the fact that this deal has come out it is a win-win for us because they are getting an investment of $550 billion, they will get 90% of the profits and from what we hear Trump is really expecting planned investments from players like SoftBank, OpenAI, Oracle, and so it is a win-win for us but what does it mean for Japan and also the other emerging markets for the deals to come? Steve Englander: Well, in the short term it removes some of the risk premium that was weighing on Japanese asset markets. So, we have seen the Nikkei take a big jump and even Japanese bond yields have gone up, in this case not because of inflation or activity concerns, but kind of dragged up by equities. So, I think that the markets seem to be relieved that the worst has not hit. It also seems that the auto sector got itself like 15% tariffs which is a bit better than many were expecting. I would say that some of the other stuff is a little bit soft. I mean, promises to invest direct investment, sometimes they come to fruition, sometimes they do not. They always take a while. But I think that is going to set a pattern for other major economies to try and bargain down some of the reciprocal tariffs in return for direct investment and that seems to be acceptable to the US. But any particular segments where you feel the impact is going to be felt more than the others? Steve Englander: Well, in Japan there is always a focus on autos and steel and there are some headlines that suggest that steel and aluminium are not going to get the break that autos are. So, we will have to see if those headlines are true or not. There is also discussion of opening up of Japanese auto and some agricultural markets. We will have to see how much of that actually occurs as well. But I would say that one implication is that it puts pressure on other countries, Japan's competitors for US markets to come to similar deals with the US because now that Japan is kind of in the clear, they do not want to run the risk that they get hit with harsher tariffs if no deals arrive. (You can now subscribe to our ETMarkets WhatsApp channel)


Time of India
22 minutes ago
- Time of India
From rocket engines to toys: How 3D printing is powering India's next industrial leap
Last year, Chennai-based spacetech firm Agnikul made history by successfully launching the world's first rocket powered by a single-piece 3D-printed engine. What made this feat even more impressive is that manufacturing a rocket engine typically takes up to six months, with an overall preparation time of 10-11 months; however, Agnikul achieved this in just three days by employing a 3D-printed rocket engine to reduce time, effort, and money. In early July, the Mumbai-based firm WOL3D launched India's first 3D-printed flexible toy brand. From rockets to toys, the growing adoption of 3D printing across industries highlights the rapid growth of the 3D printing market in India. According to market research from IMARC Group, the Indian 3D printing market, valued at approximately $707 million in 2024, is expected to grow at a CAGR of 21.7% to reach $4.3 billion in 2033. Explore courses from Top Institutes in Please select course: Select a Course Category Management CXO Project Management Finance healthcare Cybersecurity Others MCA Technology Data Analytics others PGDM Public Policy Artificial Intelligence Degree Digital Marketing Design Thinking Data Science Operations Management Healthcare Data Science Leadership Product Management MBA Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details With the expansion, India's 3D printing ecosystem has also undergone remarkable transformation. The growth, as per experts, goes beyond just applications to include a more diverse consumer base and a wide range of raw materials. From D2C brands to MSMEs using 3D printers over traditional manufacturing methods to the industry shifting towards alternatives to plastics for raw materials, the evolution of 3D printing in India is both exciting and far-reaching. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo Evolution of 3D printing Over the past decade, 3D printing in India has undergone a striking transformation—from a tool reserved for niche prototyping to a powerful enabler of industrial innovation. 'The evolution of 3D printing can be seen from building a prototype a decade ago to complete end products now,' says Rahul Chandalia , CEO of WOL3D, a leader in India's 3D printing market. Rahul Chandalia, CEO of WOL3D, says that 3D printing in India has evolved from making prototypes to end-products. 'Initially, the high costs and limited expertise confined it [3D printing] to research labs and design studios, with its early promise centred around rapid prototyping,' says Anuj Budhiraja, VP-Phillips Additive, part of machining manufacturer Phillips Machine Tools India. Live Events 'However, expensive technology and limited local expertise did not deter its evolution. Today, 3D printing is no longer experimental; it is helping manufacturers move faster, lighter, and smarter, enabling innovation across key industries,' he adds. The government's support, he says, has also been pivotal in this journey. The 2022 National Strategy for Additive Manufacturing promotes innovative manufacturing technologies such as optic chip packaging, optical computing chips, 3D printing, and electronics components, etc. By 2025, it aimed to contribute nearly $1 billion to GDP, create 100 start-ups, develop 50 India-specific machine, material, and software innovations, launch 500 new products, and train 100,000 skilled professionals. 'One of the primary reasons for 3D printing gaining traction in India is because it has become increasingly affordable and accessible. The growth is fuelled by the adoption of advanced manufacturing technologies across sectors like automotive, healthcare, and construction,' says Sameer Jain, MD at Primus Partners. A key factor driving this trend is the ability of 3D printing to overcome the design constraints associated with traditional manufacturing methods. Ravikiran Pothukuchi, Lead-Manufacturing & Logistics, Dassault Systèmes, which makes the software for 3D printing, explains, 'You cannot come out with innovative complex shapes because the output of a shape in traditional manufacturing depends on the operation. A hole can be carved, but a complex, weird-looking structure cannot be created because a subtraction operation is still hard to find. With additive printing, or the 3D printing editor manufacturing, it becomes much easier to come up with these innovative parts,' he says. Artificial Intelligence (AI) is further revolutionising 3D printing by enhancing efficiency, precision, and innovation across various stages of the additive manufacturing process, says Chandalia. 'AI-driven generative design for complex geometries is lightweight yet structurally robust, which would be challenging to achieve through traditional methods. AI can help automate slicing processes, adjust print parameters in real time, and predict errors, reducing manual intervention and increasing throughput,' he says. Moreover, ML models analyse data from sensors and cameras to detect defects during the printing process, ensuring higher quality outputs and reducing material waste, he adds. From healthcare to defence, 3D printers are facilitating a wide range of applications across sectors. 'In manufacturing, they support rapid prototyping as well as the production of lightweight, performance-oriented components. In healthcare, they enable cost-effective, patient-specific implants and prosthetics. In aerospace and defence, they are used to produce complex, high-performance parts that must meet strict material and weight requirements,' says Budhiraja. According to Traxcn, there are about 240 3D printing companies in India currently. WOL3D, which began selling 3D printers in 2016, has seen tremendous growth since then. Chandalia mentioned that they started by selling 10 to 12 printers in a month, and now they sell about 1,000 to 1,500 printers every month. According to him, industries like dental (for dentures, crowns, etc.), jewellery, and education are growing very fast in 3D printing. 'Apart from this, we see people using 3D printers for home decor, table lamps, flower vases, and even customised nameplates,' says Chandalia. These creative applications are gaining popularity among a new wave of makers. 'This end application of 3D printing is coming with new entrepreneurs; kids who have passed engineering or are in their last year have started buying 3D printers and started home production and then selling them on Amazon. They are starting their entrepreneurial journey with an investment of hardly Rs 1-2 lakh.' WOL3D's printing setup in Mumbai. Chandalia mentioned that they started in 2016 by selling 10 to 12 printers in a month, and now they sell about 1,000 to 1,500 printers every month. MSMEs getting crafty with 3D printing It's now empowering MSMEs across sectors, driving innovation, and reducing costs. The customer base of 3D printing has broadened significantly, says Jain of Primus Partners. 'Indian MSMEs and D2C brands are adopting 3D printing for faster prototyping, cost-effective production, and product customisation. This shift is helping smaller players compete globally by overcoming traditional manufacturing limitations and embracing flexible, on-demand production models.' In addition to time and cost, the design flexibility offered by 3D printing is a major factor driving MSMEs to adopt this technology. 'A primary reason behind the rise in adoption of 3D printing is that advancements in its technology have enabled the manufacturing of things that were not earlier possible. For example, artificial jewellery with intricate designs and toys of various shapes and sizes. As you can customise designs in 3D printing, there is also no wastage,' explains Chandalia. There has been a notable surge in the adoption of 3D printing by MSMEs, as they increasingly use this technology to tackle challenges related to enhancing quality and reducing delivery timelines, says Phillips' Budhiraja. What started as a tool for prototyping has now evolved to include applications in tooling, jigs, and fixtures, resulting in cost savings and faster production timelines. 'We have seen the tremendous demand for technology by MSMEs. They want to be more competitive by adding value to their proposals with quick prototypes, better production costs, and improved profits; 3D printing is accelerating all of these,' he says. Between 2022 and 2024, more than 220 SMEs in Chennai's Sriperumbudur Industrial Zone adopted in-house 3D printing for product development, according to a recent report by TechSci Research. 'This shift enabled them to reduce their average prototyping cycle time by 55% and prototype outsourcing costs by 48%, helping local manufacturers bring new products to market significantly faster and with greater design control,' the report highlights. Similarly, 45 dental clinics in Delhi-NCR adopted 3D printing technologies between 2023 and 2025 to produce customised implants and orthodontic appliances. 'These clinics collectively manufactured over 18,500 devices locally, reducing turnaround time from up to four weeks to less than six days. Production costs for custom parts were cut by nearly 40%, improving affordability and patient care efficiency,' the report says. Pothukuchi of Dassault Systèmes points out that the 3D printing machines have evolved from being bulky to becoming sleeker and lighter, taking less space. 'This (evolution) has led to prices going down for the same, making it more affordable for MSMEs and start-ups.' Ravikiran Pothukuchi, Lead-Manufacturing & Logistics, Dassault Systèmes points out that the 3D printing machines have evolved from being bulky to becoming sleeker and lighter, taking less space. More than 60% of WOL3D customers are B2C, the majority of which are MSMEs and start-ups. And it has collaborated with mobility firm Ola Cabs, ISRO, Infosys, and DRDO in terms of B2B, informs CEO Chandalia. 'When Ola bought a 3D printer, the entire design of the Ola bike was first created based on the 3D printed model. They made a mould out of it, and then they manufactured the bike. So bigger companies use it for all the prototypes in their R&D,' he says. One of WOL3D's customers is wearables firm Fire-Boltt, which has been using the former's 3D printers to make prototypes of smartwatches as well as smartwatch cases. Arnav Kishore, Co-founder of Fire-Boltt, says that the company has been trying to identify how 3D printing could benefit their brand for the last 1-2 years. He points out that across the world, the most common way of prototyping is 3D printing. According to him, the biggest advantage of 3D printing is time. 'If we were to make a sample of any new design of a smartwatch, traditionally, it would take more than 45 to 60 days because we would need to first open a mould for injection, and then that mould itself takes about 60-plus days to develop. This would cost us time and money.' 'Whereas through 3D printing, we have a prototype in 24 hours. Then, once we are satisfied, we can proceed towards the mould development. So, it helps us in commercialising the product much better. It helps us make the product more accurate before we give it for moulding,' he adds. Another evolution is taking place in the 3D printing space regarding raw materials. It has moved beyond plastic and polymers, with more sustainable options now available, such as corn starch, which is biodegradable and more environmentally friendly. 'There is a noticeable global shift towards environmentally responsible alternatives, with India playing an active role in this movement.' says Budhiraja. While the growth of 3D printing companies like WOL3D looks promising, challenges persist. Challenges Entry-level machines are affordable; however, scaling up to high-precision or production-grade applications remains capital-intensive, Budhiraja notes. 'A shortage of skilled professionals is another major limitation. Running and maintaining 3D printers, designing for additive manufacturing, and managing end-to-end workflows require specialised training, something that India's current technical education ecosystem is still catching up on,' he says. Budhiraja also laments low awareness and limited adoption among traditional manufacturers, many of whom remain unfamiliar with 3D printing's practical use. 'While some reliable components are still being made using conventional methods, additive technologies can extend product life and improve output quality when applied correctly.' However, the trial phase of validating additive models is not always preferred, and this hesitation, according to Budhiraja, continues to hold back wider experimentation. He also points out the lack of regulatory standards and quality control frameworks, which creates uncertainty for manufacturers exploring applications in safety-critical sectors like medical devices and aviation. 3D printing is tightly linked with technology. But the additional software and applications required for additive manufacturing add further costs, making it a bit cost prohibitive, especially for MSMEs. This month, WOL3D launched India's first 3D-printed flexible toy brand- Brahma 3D Farm. Additionally, there is another limitation. Although 3D printing of prototypes can be faster than traditional manufacturing, it is limited in terms of scalability. Chandalia points out that traditional manufacturing would be faster for those needing to produce more than 50,000 products, whereas 3D printing would be efficient for those with requirements of 1,000-5,000 products. 'However, the speed of the printers is increasing, which is a positive sign, but then many people are not really aware of these specifics. People don't know this technology exists. But, with time, we are trying to find ways where we can cope with that,' he says. India is still at a nascent stage of 3D printing, but it is growing rapidly. In China, there are farms with 3,000-6,000 printers. 'I feel such farms will also come to India,' says Chandalia. 'We are the ones who are getting the first farm of about 150-200 printers. But I think with time, we may increase the farm from 200 to 300 printers next year. I believe there will be a time when every household in India will have at least one product that is 3D printed,' says a highly optimistic Chandalia.