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.
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