Curtain Raiser |
Taking the
technological leap
As the manufacturing industry continues to evolve at a fast pace, one can no longer
undermine the crucial role that the Indian dies and moulds segment is set to play.
State-of-the-art technologies are set to define manufacturing operations. The 12th
edition of Die & Mould India International Exhibition 2022 will showcase many such
technologies that are set to revolutionise the tooling and allied industries. A report...
Read More
|
|
Leaders Speak |
‘A good opportunity exists,
where the gaps can be filled up by the Indian tool room industry’
“As the tool supply from Asian
countries have got delayed/
restricted, the industry is looking to
make up for the loss through order
realization domestically… However,
the industry should be ready to take
up the challenge and deliver,” says
Amit Kumar Parashar,
Sr. Vice President, Subros Tool
Engineering Center.
‘We expect the Indian tooling industry to record
double-digit growth over the next 4 to 5 years…’
“…and also cross the coveted USD
200-billion mark in terms of industry
size. The current geopolitical issues
are reshaping global supply chains
and India will emerge as a significant
player in the days to come,” says
Ananthanarayan (Ananth) Iyer, MD
& CEO, MC Machinery Systems India
Private Limited.
‘The business outlook for the
Indian tooling industry seems positive’
“Also, the ‘Aatmanirbhar Bharat’
campaign and PLI schemes are going to
generate huge business opportunities
for toolmakers. We are also seeing
exceptional growth in the aerospace,
defence, construction equipment, and
agriculture equipment industries. All
these factors will help the industry
grow,” says Manickam K., Director,
CAD Macro
‘India is emerging as one of the best and most trusted manufacturing hubs…’
“…because of our business values,
government support, and also because
of the talent and capabilities in India to
produce best-in-class products for the
world,” says L. S. Umesh, Director & CEO,
Ace Manufacturing Systems Ltd.
‘The business outlook for the Indian tooling industry seems positive’
“Also, the ‘Aatmanirbhar Bharat’
campaign and PLI schemes are going to
generate huge business opportunities
for toolmakers. We are also seeing
exceptional growth in the aerospace,
defence, construction equipment, and
agriculture equipment industries. All
these factors will help the industry
grow,” says Manickam K., Director,
CAD Macro
‘India is acknowledged as the fastest growing
major economy in the world’
“It is expected to be one of the top three
economic powers in the world over the next
15 years. With India on course to be a USD-5-
trillion economy, the contribution from the
tooling industry (being the mother industry)
will be substantial owing to localisation
in automotive and other segments like
electronics, aerospace, consumer goods,
toys, mobile phones, electrical and defence,”
says Praveen Satija, Managing Director,
Stitch Overseas.
‘India has already become a manufacturing hub for many global players’
“I strongly believe that the future of our
Indian tooling industry is very bright,
and we all will witness stronger growth
during the next decades,” says Rajnikant
Patel, Director, HASCO India Pvt. Ltd.
‘The tool room industry is undergoing a change in
manufacturing
practices’
“Now, the industry is switching over
to the latest technologies to gain a
competitive edge. Investment in the
latest technologies by SSI and MSI units
are increasing year by year in India,” says
Veronica Just, Vice President, Millutensil.
Read More
|
|
Exhibitors’ Views |
Abhishek Tiwari,
Regional Manager – West and North India,
CoreTech System Co. Ltd.
After experiencing the pandemic, the OEMs have understood the benefit
of building tools in India, which will prove to be a big boon for Indian
toolmakers and the tooling industry. The Indian tooling industry will witness
a good growth rate in the coming years.
Akshay Kalyanpur,
Director, Sridevi Tool Engineers
Our industry will see some rough patches in 2022.
Though the government in India seems stable and
geared for ‘Make in India’, the supply chain disruptors
like semi-conductor chip shortage, geopolitcal
tensions, and mutations of the coronavirus strains
may slow us down.
Nitin Jain,
Managing Director India,
OPEN MIND CADCAM Technologies India Pvt. Ltd.
The wide range of final products is reflected in the diversity of products
available in the Indian mould and die-making industry. That’s why we expect
more mould and die makers in India to use the latest machines and means
of production as well as the most up-to-date CAM software, like hyperMILL,
to manufacture efficient and consistent tools sustainably.
Parag Sawant,
GM – Business Development,
Machine Tools India Ltd.
The pandemic slowed down growth for the past
two years, but new opportunities also opened up
at the same time. We expect the tooling industry
to prepare a realistic budget and focus on large
capex investments to meet the global demands.
More bold decisions with calculated risk should
be taken by the industry.
Renin Raj,
Head of Marketing,
PROLIM Solutions India Pvt. Ltd.
Indian tooling companies have, in the past, sourced
their complex moulds from China and Taiwan. But
due to the geopolitical tensions in the region, coupled
with the COVID-19 pandemic, many companies are
forced to think of alternatives in their supply chains.
Now, they will have to either make it themselves or
source the moulds from India.
Vinayak Jadhav,
Chief Executive Officer,
Schimmel Online India Pvt. Ltd.
The recent pandemic and current global scenarios indicate that a lot of
opportunities are heading towards India. It is time to recognize and gather
our strengths, capacities and competencies to offer services to the local as
well as the global markets. The Indian die and mould industry is evolving
over the years and is competing with global players.
T. S. Gopalakrishnan,
Director,
Multiple Special Steel Pvt. Ltd.
The tooling industry is an important industry for which
our government shows apathy and the OEMs it serves
does not show empathy. I fervently hope that this
situation will change in the near future. The government
has now opened its eyes to understand our plight, but
to make OEMs open their minds, the tool rooms need
to unite.
Daxesh Vyas,
Proprietor,
Daxter Tools
COVID-19 affected 2020 and the first half of 2021, but the tooling industry
geared up. It now caters to the new tooling demands for upcoming
OEM projects. The current buzzword for all products (auto, appliances,
household) is short development time and short product life due to
ever-changing demands of the consumer, government norms, and
technological innovations.
Hardik Doshi,
Director,
Orange City Alloys Private Limited
We witnessed a slowdown during the first year of the pandemic. But, as the
months passed by, the scenario started improving. FY 2021-22 witnessed one
of the best financial years with respect to growth – it recorded the highest
GST collection ever. Besides, policies that are favourable to increase exports
and also to become self-reliant are already in place.
Ashish Varma,
CEO,
Prime Graphite Pvt. Ltd.
The Indian tooling industry is gearing up for new
products and projects to meet customers’ demands
even in such challenging and volatile times. In recent
years, there are certain trends shaping up, which
include customers looking for end-to-end solutions
Sudhakar N. A.,
SBU Head – Toolworks & Battery Components,
Mangal Industries Ltd.
The Indian tooling industry is back on a positive note, post the
pandemic. The OEMs’ perception of Indian tool rooms is slowly
changing, and the trust and confidence in the capabilities of
Indian tool manufacturers have improved a lot over the past
few years.
Karan Dharnidharka,
Managing Partner,
Girdharilal Agrawal & Co.
The Indian tooling industry will ride the growth curve of the
overall manufacturing industry. During 2021, we witnessed the
demand strengthening beyond pre-COVID levels, and expect
the same to sustain and grow in 2022
Sanjib Chakraborty,
Managing Director,
Hurco India Pvt. Ltd.
A slowdown was observed for two years because of the
pandemic. But the market is again shaping up and we are
seeing a steady surge in demand. The year 2022 will be
busy for all of us and we expect a similar trend to continue
over the next few years.
Sohrab Kothari,
Co-Founder,
Sahas Softech LLP
The Indian tooling industry has grown to about 25% of the total
AM applications worldwide. I expect the value of the Indian tooling
industry to grow significantly in 2022. Today, the latest technological
trends are driving the die and mould industry by providing costeffective,
energy-efficient, and environment-friendly solutions to
the die and mould makers.
Shreyansh B. Hippargi,
Managing Director,
QVI India Pvt. Ltd.
The die and mould industry is the backbone of the
manufacturing sector. As the manufacturing sector grows,
we will see equivalent growth in the die and mould sector.
The FMCG sector is also looking good, and this augurs
well for the die and mould sector.
Surendra Kumar,
Partner,
PI-TECH Services
As the country moves towards e-vehicles, and vehicles with reduced
total weight, there are higher expectations from the plastic mould
industry, as compared to those from the sheet-metal industry.
Progress is apparent already.
Read More
|
|
Tech Know-how |
Circular Economy Turning old into new: A second
life for vehicle components
A huge number of used parts end up in the scrap yard for recycling every year. It is far more
resource-efficient, however, to remanufacture alternators, starters and the like as part of a
recirculation approach. This reduces waste, lowers the CO2 footprint and extends the service
life of products. In the EIBA project, the Fraunhofer Institute for Production Systems and Design
Technology IPK is developing an AI-based assistance system for semi-automated image-based
identification of used parts without QR or bar codes. This will assist the worker with the sorting
process so that more used components can be sent for remanufacturing.
Read More
|
|
Industry Updates |
- Indian Railways to achieve net-zero carbon emission by 2030: RN Singh,
Secretary, Railway Board
- Airbus expects demand for 2,210 planes in India over next 20 years
- GE Healthcare boosts local manufacturing in India, new factory goes live
- Volvo Group expands its R&D operations in India to become the largest site
outside Sweden
- Exide Industries announces investment of INR 6,000 crore in Karnataka
- Suzuki to invest INR 10,445 crore for manufacturing EVs, batteries in Gujarat
- Hope to make India a global hub for EVs, cell tech: Ola co-founder
- Kennametal introduces lightest-weight version of electric vehicle tooling
solution saving set-up and machining time
- Mastercam 2023 Public Beta released for global testing
- WIDIA introduces the next generation in versatile end milling
Read More
|
|
Organisers’ Views |
DM Sheregar,
President, TAGMA India
As per the latest Indian Tooling Report compiled by TAGMA
India and Nomura Research Institute, Ltd., the market
size of the Indian tooling industry stands at ~INR 18,000
crore, with more than half of the total demand attributed
to automotive and auto components sector. Most major
global auto manufacturing hubs have a strong domestic
tooling industry. India, however, is a notable exception
here, as a significant portion of its tooling demand is still
met via imports.
Read More
|
D. Shanmugasundaram,
Vice President, TAGMA India
Currently, the market share of Indian companies in the
global tooling industry is less than 5%. However, with
the kind of growth that we are experiencing in recent
years because of the localisation among automotive
companies, campaigns like ‘Aatmanirbhar Bharat’ and
PLI schemes for various industries, Indian companies
are set to increase their market share in the coming
years. We need to firstly reduce the imports and then
look for overseas markets.
Read More
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tool Talk
|
‘Indian toolmakers should aspire
to be recognized globally’
“To achieve this, they need to invest in skill development, infrastructure, and the latest
technologies. They should incorporate smart manufacturing technologies in their system
to reduce errors and dependency on manpower for all types of jobs,” says Virendra Singh
Bhadauria, Deputy General Manager – Projects, Hero MotoCorp Ltd.
Read More
|
|
Event
|
TAGMA India successfully
organises multicity chapter
meetings for members
Tooling industry stakeholders gather to discuss growth opportunities and challenges at
TAGMA’s chapter meetings. TAGMA’s Executive Council promises many more such events in
the year.
Read More
HURCO TAKUMI Open House 2022:
HURCO TAKUMI Open House 2022 set a new benchmark in
industry partnerships. More than 300 delegates registered
and visited the two-day machining event held at Hurco
India Technology Centre at Chinchwad, Pune. Hurco India,
along with its 11 partners, successfully organized HURCO
TAKUMI Open House 2022, with a focus on making the
latest machining technologies and processes affordable
and adaptable for Indian manufacturers.
Read More
|
|
Report
|
In 3-4 years, PLI to
account for 13-15%
capex in key sectors
Of the INR 2.5-3 lakh crore potential spend under the scheme,
60% approved already The implementation of the Production
Linked Incentive (PLI) scheme will lead to
a potential capital expenditure (capex) of
INR 2.5-3 lakh crore over the scheme period
and will account for 13-15% of average annual
investment spending in key industrial sectors over
the next 3-4 years, a CRISIL analysis shows.
Read More
|
|
Tips & Tricks
|
Five things you need to
know about connected
machine monitoring
Digitally connected machining is following the Industry 4.0 transformation that
other industry segments are undergoing. One of the most important advantages
of that transformation is the data that connected machines can provide in
real time. This real-time data offers machining operations new possibilities for
transparency, optimized planning and more streamlined, error-free production. However,
data alone is not enough — and often can be too much. In this article we’re going to
discuss the best methods and tools to mine, organize, and analyze connected machine
data to help implement continuous improvement, and lean manufacturing.
Read More
|
|