METAL CUTTING AND FORMING FOR THE TRILLION DOLLAR ECONOMY

A post-event report on the Economic Times Metal Cutting and Forming Summit hosted on March 31, 2022

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The significant increase in demand for metal-cutting equipment from aerospace, defence, automotive, etc., hints at an exponential growth of the metal cutting and forming sector in the coming years. Additionally, with the pandemic in play, there is a shifting focus on boosting the prowess of the Indian metal cutting and forming industry. The global metal cutting industry will turn into a $101.48 billion sector by 2027, and India is eyeing a significant chunk of the market (according to Fortune Business Insight).

To explore the breadth and depth of the metal cutting and forming in the manufacturing industry, how India, with Make in India, can become a leader in this domain and more, the Economic Times hosted the Metal Cutting and Forming Series 2022, in association with MMC Hardmetal India, ExxonMobil Lubricants, Fibro India Precision Products and IMTMA.

The series kickstarted with an opening remark from Rahul Kamat, Editor - B2B division, Worldwide Media.

UNDERSTANDING THE CHANGING LANDSCAPE

Following the speech was a panel discussion on the 'Landscape and recent developments in the metal cutting & forming industry' moderated by Shatyabrata Das, Senior General Manager, IAC Group.