| In Conversation With
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I have no doubt that the coming
decade belongs to India
Once the economy gets back to normal,the purchasing power will get stronger and that will drive demand for practically
every industry. This, in turn, will help us, the tool makers, with huge domestic demand. I believe, India will remain as
the worlds next growth destination, says DK Sharma, President, TAGMA India and Executive Vice President & Business
Head, Godrej Tooling..
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| Leaders Speak
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European companies are likely
to move their production units
to India
Owing to the availability of low-wage skilled labour and new
foreign direct investment rules, economists are hopeful of
India attracting many more investments. Although we may
not see its immediate effect make it in the short term, the
shift will help India in the long-run and make it an alternative
manufacturing hub, says D Shanmugasundaram, Managing
Director, S&T Engineers (P) Ltd.
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 COVID-19 has changed the way workplaces function
I think its helping companies realise how to work
efficiently with limited manpower. So, operating with
limited staff is most likely to be the new normal after
COVID-19, says DM Sheregar, Maniging Director, Devu
Tools Pvt. Ltd.
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 Toolmakers, SMEs should be
ready to brace new technologies
The Indian toolmakers and SMEs should make themselves
leaner, more productive, more reliable, more competent
technically and more competitive in terms of enhancing
their products quality. This will help them to not only
tackle the ongoing situation but will also make them
future ready for encashing the upcoming opportunities,
says Parveen Satija, Managing Director, Stitch Overseas
Pvt. Ltd.
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 MSMEs need to survive this
pandemic
We are now in the fourth month of COVID and the
condition hasnt improved, particularly in Delhi, Mumbai
and Chennai. At this juncture, the time it will take to
resume normal operations is a big question. I am sure that
those who cross this hurdle will see a bright path ahead,
says D Ravi, Managing Director, Classic Moulds and Dies.
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 The one who sustains will thrive
in future
We must be ready to adapt to changes and continuously
work on improving overall efficiency and productivity
to be at par with our global counterparts, says
Paresh Panchal, CEO, CAM Tools.
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 The current situation will
definitely benefit India
Now, companies across the world have learned that it
was not wise to have put all their eggs in one basket.
Sadly, they have had to learn it the hard way. But they
cannot wallow in misery and need to move forward,
says Gopalakrishnan T.S., Director, Multiple Special
Steel Pvt. Ltd.
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| Case Study |
High precision touch probe TC52
from BLUM at myonic GmbH
Precision hard turning is a key production
process in the machine tool bearings unit
at myonic GmbH in Leutkirch im AllgC$u/
Germany. Pieces are directly turned to the
final dimension with extremely tight tolerances
in the micron range. Using a probe solution from
Blum-Novotest, key workpiece dimensions are
now measured in-process, while still clamped.
The result: greater measuring accuracy, improved
manufacturing process, shorter cycle times.
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| Tips & Tricks
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Keeping Your People Safe,
Healthy and Resilient
The COVID-19 pandemic has created a
number of new challenges, especially for
businesses looking to reopen. While
managers and employees may feel a sense
of urgency to get their business back to
normal as soon as possible, there are new guidelines
and revised practices that should befollowed to allow
for a safe, stable return. Following are the key steps
for reopening your business in the wake of the
COVID 19 pandemic:
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| Industry Updates |
- Great Beginning to the Economic Package by FM: CII
- ACMA welcomes New Definition of MSMEs & Further Infusion of Liquidity
- Dormer Pramet agrees to acquire business of India-based Miranda Tools
- ZWIndia and SIMCON join hands to market Molding Simulation Software
in Western India
- Mr Rajan Wadhera, President, SIAM, on AatmaNirbhar Bharat package
announced by the Honorable Finance Minister
- BEML Limited bags major order from Coal India
- Universal Robots and Phillips Machine Tools India collaborate to Provide CNC
Machine Tool Automation Solutions
- Milacron launching a new rental option through exclusive financing
partner, Equipment Finance Group (EFG)
- Tech Soft 3D and OPEN MIND Collaborate on Powerful CAM Solutions
- CAD/CAM Developments Streamline the Manufacturing Process
from Job Setup to Job Completion
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| Digital Initiative
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TAGMA partners with industry to
help in skill development
- Objectify organises advance additive sessions
- DesignTech organised webinar on simulation
tool for plastic moulding
- Stitch Overseas organises webinar sessions
on advance machining solutions
- DesignTech organised webinar on simulation
tool for plastic moulding
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CGSC organises session on Safety at Work
Place
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