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Volume: XXVIII / No.7 (Private Circulation For Members Only) March - 2022
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In Focus
Toy Industry:
The Game Changer
The Indian toys market reached a value of US$ 1.35 billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.73 billion by 2027, exhibiting a CAGR of 12.6% during 2022-2027. The emphasis on manufacturing toys locally will provide the tooling industry an interesting opportunity to explore. However, toolmakers will need to gear up to meet the evolving demands of the toy industry.
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Tool Talk
‘The toy industry demands speed and competitiveness’
“The shelf life of any toy has gone down significantly. Nowadays, children want new toys frequently. Also, the number of products in our industry is huge. So, we have to develop products continuously. This provides a great opportunity for toolmakers, as no toy can be made without a tool,” says Vijendra Babu, Founder & MD, Micro Plastics Pvt. Ltd.
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Leaders Speak
‘The manufacturing industry will witness strong demand’

“The government has announced Production-Linked Incentive schemes for various industries. All these indicate that 2022 is going to be a remarkable year for the manufacturing sector. This, in turn, will definitely reflect a healthy growth for the Indian tooling industry too,” says Mangesh Awate, GM – Business Development, Zecha Precision Tools Ltd.

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‘The current global scenario has provided a golden opportunity to Indian industries’

“If we cannot utilise this opportunity, we will be left behind and it may take a long time to get another similar opportunity. The China-plus-one strategy is a great opportunity for India. We must act on it and grab it,” Sunil Desai, Founder Director, Designcell CADCAM Solutions Pvt. Ltd.

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‘We will be a global manufacturing hub’

“As die and mould is the fundamental need for manufacturing, it has a tremendous growth potential. It merely depends upon how we gear up to take it forward,” says Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt. Ltd.

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‘The outlook for the manufacturing industry, including die and mould, looks optimistic this year’

“The pandemic effect has subsided and we are returning to work with all the precautions in place. The industry has adjusted to working within the new parameters of pandemic care, and, with those guidelines, they have set up new workflows and have resumed their activities with increased momentum,” says Yashwant Landge, Associate Vice President – Sales, DesignTech Systems Pvt. Ltd.

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Exhibitors’ Views
A. Suresh Babu,
Sales Manager,
Eltec Engineering
The Die & Mould India exhibition helps the tooling industry gain first-hand knowledge of the trends. It works like a medium for us to convey our issues to the government at the right time. We have been showcasing our products at Die & Mould India over the years, and, thanks to this exhibition, we have always achieved a better market reach.


Anant Deshpande,
Technical Director,
Trokut Solutions Pvt. Ltd.
This is first time that we will be participating in the Die & Mould India exhibition. At the exhibition, we will be showcasing our mobile diemould laser system, and other laser-based die-mould repair and welding system. We hope to benefit from this exhibition by being able to expand our reach and increase our customer base. We also hope to strengthen our brand’s presence through Die & Mould India.


Devjeet Mandal,
Founder & CEO,
MECHMATRIX
Die & Mould India has enabled us to network with companies in the die and mould segment that are looking to implement the latest innovations and industry best practices on their shop floor to stay ahead in the game.


Gifuku Furushiba,
CEO,
Hiraoka Hyper Tools
This will be the first time that we are participating in Die & Mould India. We will be showcasing our tools, dies, and moulds, which we have created using cold forging.


K. Ravi,
Partner,
Pre Mould Engineers
The Die & Mould India exhibition is a place where we can create awareness about our presence to potential buyers. We are going to showcase our flagship product ‘Mould Base’ for injection moulds and pressure die casting dies in the upcoming exhibition.


Pankaj Goel,
Chief Executive,
PLASSTEZE
Die & Mould India is the country’s leading exhibition, which has on board exhibitors and visitors, who are most relevant to the tooling industry. Ever since 2008, the year we started participating in Die & Mould India


Vatsal Naik,
Technical Director,
CADbro India
Die & Mould India is the perfect platform to showcase your products as well as connect with customers. It has helped many businesses grow and can be viewed as an initiative that furthers the ‘Make in India’ campaign. At this edition of Die and Mould India,


Ravi Sane,
Business Head,
DIJET India
I truly believe that the Tool & Gauge Manufacturers Association of India (TAGMA) is doing excellent work to uplift the Indian die and mould industry

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Industry Updates
  • Piyush Goyal calls for increasing India’s share in global trade to 10%
  • Tata Motors bags an order for 65 EVs from Kerala State Electricity Board
  • India’s April-January fiscal deficit touches 58.9% of FY22 target: Government
  • Indian economy grows by 5.4% in third quarter of FY 2021-22
  • Godrej & Boyce partners with Digital Catapult to develop industrial net-zero solutions
  • Cadence and Dassault Systèmes partner to transform electronic systems development
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Patron Members

  • UE PRESS TOOLS PVT LTD
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