OVERCOMING DISRUPTION
Manufacturing Today|June 2021
MACHINE TOOLS INDUSTRY IS MANOEUVRING THROUGH THE CHALLENGES POSED BY THE PANDEMIC BY ADOPTING THE LATEST TECHNOLOGY
SYED AMEEN KADER
OVERCOMING DISRUPTION

GATHERING UP FROM THE DISRUPTION caused by the two waves of pandemic, the machine tools industry and its association bodies have collected themselves to not only garner positive government attention towards its long-standing woes, but also shown quick response in adapting new technologies and changing its perspectives on things to do.

On its way to recover from the pandemic onslaught, the industry is poised for adaptation of innovative technologies and also benefit from alleviation of its long festering hardships.

“Although it took a little time to stabilize following the pandemic, we could witness a surge in demand in the machine tool industry after a few months and we are not too far from the pre-COVID levels in general,” says Pradeep Patil, Managing Director, TRUMPF (India) Pvt. Ltd.

TECHNOLOGY ADOPTION

Indradev Babu, President of Indian Machine Tool Manufacturers’ Association (IMTMA) and MD, UCAM Pvt. Ltd., says “Technology adaptation is bringing transformation in all the activities of industries at a faster pace, saving cost and enhancing customer service and support.”

“Industry is using technology for enhancing performance and production, reducing wastage and optimising inventory. It is using automation for dull, dirty and dangerous activities. It is establishing digitalisation for faster decision making, remote assisted maintenance and installation and commissioning of machines and equipment and for online training,” he elaborates.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MANUFACTURING TODAYView all
Multiphysics modelling in manufacturing
Manufacturing Today

Multiphysics modelling in manufacturing

Multiphysics modelling is transforming manufacturing processes by improving precision and efficiency, as highlighted in the recent Manufacturing Today webinar, 'Multiphysics Modeling of Manufacturing Processes Using COMSOL\".

time-read
5 mins  |
November 2024
Revolutionising the automotive industry: Embracing 14.0 with AI & IOT
Manufacturing Today

Revolutionising the automotive industry: Embracing 14.0 with AI & IOT

Advanced robotics is expected to handle 75% of production tasks by 2025, and AI-powered systems are improving quality control and reducing human intervention.

time-read
3 mins  |
November 2024
Adopting green chemistry
Manufacturing Today

Adopting green chemistry

Adopting green chemistry is key for Indian manufacturers to drive sustainability and enhance their competitive edge.

time-read
5 mins  |
November 2024
A cleaner future for coolants
Manufacturing Today

A cleaner future for coolants

From extending equipment life to minimising environmental impact, the latest innovations in coolants and lubricants are redefining their role, transforming manufacturing in both operational and sustainable ways.

time-read
5 mins  |
November 2024
Forging growth and innovation
Manufacturing Today

Forging growth and innovation

Kirloskar Ferrous Industries (KFIL) is driving growth in alloy steel and casting by advancing India's foundry and manufacturing capabilities, aiming to reach $2 billion by 2030. Sujatha Vishnuraj, Editor, Manufacturing Today in conversation with Ravindranath Gumaste, MD, KFIL, to know more about the company's commitment to sustainability and growth.

time-read
9 mins  |
November 2024
From Locksto Liftoff
Manufacturing Today

From Locksto Liftoff

A journey that began with a modest lock manufacturing unit has now evolved into one of India's premier multinational conglomerates.

time-read
10+ mins  |
November 2024
Top 10 digital transformation strategies for manufacturing
Manufacturing Today

Top 10 digital transformation strategies for manufacturing

In today's rapidly changing industrial landscape, digital transformation is critical for manufacturing companies aiming to increase efficiency, remain competitive, and enhance customer satisfaction.

time-read
1 min  |
November 2024
Analytics in action
Manufacturing Today

Analytics in action

Advances in IoT and automation are transforming the testing, measurement and instrumentation industry, resulting in operational efficiency, data accuracy, and sustainability practices.

time-read
5 mins  |
November 2024
ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering
Manufacturing Today

ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering

The ITL-CFC 50 Cutting Facing Chamfering Machine stands out as a highly efficient solution for metalworking industries, offering cutting-edge technology for precision operations.

time-read
1 min  |
November 2024
MRF opens new Tyredrome service centre in Mumbai
Manufacturing Today

MRF opens new Tyredrome service centre in Mumbai

The Tyredrome of MRF is manned and run by engineers and technicians trained at MRF.

time-read
1 min  |
November 2024