Manufacturing Today|March 2022
CROSS-SECTORAL DEMAND FOR ADVANCED CUTTING TOOLS MAKES THE INDUSTRY WELL PLACED TO CAPITALISE ON OPPORTUNITIES
MAT KHAN
Article Reader

THE INDUSTRY IS IN CONSTANT SEARCH FOR technology solutions to the challenges it faces. A look into the advanced tools and technology trends in the industry tells you that India is aggressively looking to corner a role for itself as a global manufacturing hub and also aiming big on infrastructure.

Cutting tool industry which derives its demand from across a wide spectrum of sectors is looking forward to seize on the opportunity. Adoptive as they are, Indian manufacturers are looking at challenges at hand in meeting the expected demands and are constantly looking to address them through innovative technologies.

"We have seen a very high level of willingness to try and adopt technologies," says Jay Shah, Managing Director, Tungaloy India Pvt Ltd.

DEMAND DRIVERS

Cross-sectoral demand for advanced cutting tool makes the industry well placed to capitalise on opportunities in a growing economy.

"The end markets for drilling and boring tools for instance are highly diverse," says Prashant Shetty, Director Sales, Metal Cutting, Kennametal India Limited. With demand-driven by sectors as diverse as General Engineering, Transportation, Energy and Aerospace market, the demand for advanced cutting tools will continue to rise in the coming years, he feels. More so, because an efficient use of cutting tools impact the overall cost of manufacturing.

"We are very optimistic about the future and taking steps to capitalise on the potential opportunities in these segments," he enthuses.

Prashant Sardeshmukh, Managing Director, MMC Hardmetal India Pvt Ltd., includes sectors like railways, defence, die and mould, and medical engineering for the sturdiness of the growth. He particularly draws attention to automotive industry and heavy & light engineering sectors for the "phenomenal growth and technological advancements in the industry."

この記事は Manufacturing Today の March 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Manufacturing Today の March 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MANUFACTURING TODAYのその他の記事すべて表示
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 分  |
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 分  |
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 分  |
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 分  |
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 分  |
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+ 分  |
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 分  |
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