Foton Motors Investment in Indian Automobile Production Project



Recently, Beiqi Foton announced an announcement that it will jointly invest and build a car production plant project in India with Beijing Futian International Trade Co., Ltd. for a total planned investment of 387 million U.S. dollars.

According to the announcement, Foton Motor intends to invest 0.454 billion rupees (about 620 million yuan), Fukuda Trade will invest 46 million rupees (about 0.06 billion renminbi), and set up Foton Motor India Manufacturing Co., Ltd. Among them, Foton Motors invested 0.454 billion rupees, approximately 620 million renminbi, accounting for 99% of the registered capital of Indian manufacturing companies; Beijing Futian International Trade Co., Ltd. invested 46 million rupees, or approximately 0.06 billion renminbi, accounting for 1%. The goal of capacity building for Indian manufacturing companies is to design double-shift production capacity of 96,000 units/year for the first phase and 120,000 units/year for the second phase. The total investment of the factory is estimated to be about RMB 2.47 billion.

Foton Motors stated that for the vehicle import, the tariff of the Indian government is 24%. To achieve breakthroughs in the Indian market, the company must achieve local manufacturing and procurement. The localization of the entire value chain is the prerequisite for the realization of the strategic goals of India. According to statistics, India is the fourth-largest commercial vehicle market in the world. In recent years, the total import volume of auto products in India has remained at around US$3 billion per year, accounting for approximately 0.4% of the total world trade in automotive products.

It is understood that Beiqi Foton Motor Co., Ltd. (referred to as Foton Motor) was established on August 28, 1996. It is a state-controlled listed company with cross-regional, cross-industry, and cross-ownership ownership. Headquartered in Changping District, Beijing, the company has nearly 8 billion yuan in assets and 26,000 employees. In 2008, the brand value of Foton Motor reached 22.157 billion yuan, ranking third in the Chinese auto industry and ranking first in the commercial vehicle industry.

Weld Materials

1.Welding materials

In Welding, substances called filler materials or consumables are used. As the name implies, these substances provide filler or a body of molten materials that provides a strong bond to be formed between the base metals used. Most welding processes will also require some form of shielding to protect both the main components and filler from being oxidized during the process.


The type of welding materials used during welding depends on the nature of the job intended. Electrodes draw the necessary energy in order to perform welding applications. Luoyang Golden Egret Company has any kind of welding materials include CTC Welding Rod /rope, SCTC welding rod/rope, TC electronic welding rod, Ni-based welding rod, flux-cored Welding Wires, solid welding wires and etc.

Welding can be applied in different kinds of industries such as building and construction, oil and gas, marine, power generation, steel, mine tools, automobile, transportation and etc.


2. Welding rod

1)Cast tungsten carbide based tubular rod

The hard phase of the rod is cast tungsten carbide which leads to higher hardness and better wear-resistance.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65

Mainly used for Mining machinery, Geological tools, Petroleum drilling tools etc, by Oxy-Acetylene with weak carburizing flame.

Ni Based Welding Rod


Product recommendation:

GT1103 (CTC, 60-80 mesh),

GT1103-1(CTC, 20-30 um),

GT1103-2(CTC, 40-60 um)

2)The hard phase of tube rod is carbide pellets which leads to higher impact resistance and better wear resistance than CTC cloase rod.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65 wear test.

Mainly used for mining machinery. Geological tools etc; by Oxy-acetylene with weak carburizing flame.

Product recommendation:

GT2102 (Cemented carbide grit, 30-60mesh)

GT2102-2(Cemented carbide grit, 30-40mesh)

GT2102-3(Cemented carbide grit, 40-60mesh)

3)Tube rod is composited by Cemented carbide pellets, Spherical CTC and CTC. The layer has higher impact resistance, better wear resistance and good fluidity than other rods.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65.

Mainly used for oil method drill bits, such as Tri-cone bit, Steel tooth bit, PDC bit, etc. By Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GT3302 (carbide pellets, 20-40mesh)

GT3302-1(carbide pellets, 14-40um)

4)The hard phase of the rod is monocrystal WC, the welding layer has a higher wear resistance and better impact resistance.

The wear resistance is 6-7 times better than others, tested by ASTM G65 method.

Mainly used for the repair and strength for oil drills bits, such as PDC bit diameter holding by Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GT4104 (Monocrystal WC, 80-200mesh)

3. Welding Rope

Made form mixture of CTC and self-fluxing nickel alloy covering on nickel wire. The CTC is in spherical or irregular with good wear resistance; the nickel alloy is in spherical or nearly spherical shape with good wettability and erosion resistance and better corrosion resistance than tubular rod.

Recommend to use Petroleum drilling tools, Concrete mixing blade, Mud pump, Coal sluice, Coal drill pipe, Tunnel drilling machinery etc.

By Oxy-Acetylene Welding with weak carburizing flame.

5mm Welding Rope

Product recommendation:

GS110450N (CTC, 4mm, HRC 47-55)

GS110550N (CTC, 5mm, HRC 47-55)

GS110650N (CTC, 6mm, HRC 47-55)

4. Welding Bar

The rod is sintered by CTC and Ni-based powders. The CTC(Cast Tungsten Carbide) is in irregular or spherical shape with better wear resistance and the nickel alloy is in spherical or nearly spherical shape and has good wettability with cast tungsten carbide. The cladding layer has a higher impact resistance and better wear resistance.

Its wear resistance and corrosion resistance is between tube rod and flexible rope.

Mainly used on the Steel PDC bit, Concrete mixer blade, Mud pump, Miner chute, Miner drill stem and Mechanical parts of Tunnel rock drill machine etc.

Welded by Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GD4025253-3(CTC, SCTC, 4*600/6*600)

GD4030303-3(CTC, SCTC, 4*600/6*600)

5. Welding wire

Intensified molybdenum titanium vanadium composite chromium carbide welding wire can improve layer`s bonding strength and tenacity. This wire can use for multilayer welding which has no peel off, and it can maintain good wear resistance under certain impact working condition.

Product recommendation:GSQD671Mo-4(1.6mm)

Medium carbon and high chromium wear resistance welding wire has a higher hardness, stronger wear resistance, and excellent toughness by adding a certain amount of molybdenum alloys and boride. It has a better impact resistance and strip resistance than high chromium cast iron type materials

Product recommendation: GSQD621Mo-4(1.6mm)

6. Tungsten Carbide Pellets

With high sphericity & excellent alloy organization, cemented carbide pellet is mainly used in welding, as an adding material of PTA Powder , tubular welding rod, to improve the wear resistance of the workpieces greatly.

Product recommendation: GQ06


Wc 6co Tungsten Carbide Pellets


7. Tungsten Carbide Grits

Cemented carbide grit with different percent of cobalt has good abrasive resistance and is widely used for making grinding, polishing and cutting tools.

Product recommendation: GS08A


Wc 8co Tunsgten Carbide Grits




Weld Materials,Tubular Welding Rod,Welding Electrodes,Stainless Steel Welding Rod

Luoyang Golden Egret Geotools Co., Ltd , https://www.lyshieldcutters.com