With the 50-year completion of IMTEX this year, what significance does it hold for you and your company? How old is your company’s association with IMTEX?
It’s an important milestone for the machine tool fraternity of India and the organisers, who have, over the years, provided such a fantastic platform for the Indian as well as international machine tool builders to showcase their technology and capabilities. Chiron has been associated with the exhibition and has been exhibiting its products for 25 years now.
What would be the big strategy/plan that you will be pursuing post-IMTEX in 2019, aimed at creating a big business impact?
We would like to meet most of our existing and prospective customers during the show and showcase our capabilities to be their manufacturing partners, which is very important for us. We are already discussing internally certain strategies to be adapted, which will be implemented, so that we will achieve our targeted goals in India.
Digitalisation has been the most talked-about topic in the manufacturing industry today. Besides digitalisation, would you like to highlight any other technology advances that will have the maximum traction in the next two years?
Industry 4.0/digitalisation is, of course, the most talked about and a hot topic in the industry at the moment, which is also the right way to move forward in the manufacturing segment, as it provides more transparent and accurate data to be used in improving overall productivity. The next big thing coming and which will surely make an impact in the coming years is Additive Manufacturing. More and more companies are moving towards it and a lot of developments are already in place in the market.
How do you assess the disruptive power of new technologies at an early stage and build a sustainable plan so as to respond to the technological disruptions, in the short-term and long-term?
We should not look at this as a disruptive power of new technology but an extension and progression of technology. Unless we do not develop new technologies and methods in order to tackle today’s environmental problems, we will be in trouble. We have to always look at the future requirements and be prepared to adapt and contribute to new technological progressions, both in the short-term as well as in the long-term. Basically, we need to change with the changing times or else we are bound to lag behind.
In your opinion, what is an industrial trend/concept/ myth which you would like to demystify within the Indian manufacturing sector?
Today, we are speaking a lot about electrical vehicles being the future and lots of investment will be done in this sector. But in my opinion, there is a long way to go when it comes to India. Combustion engines are here to stay for a longer duration than talked about. There are a lot of discussions going on right now in terms of power requirement, recharging infrastructure, etc. I reckon that the existing technology in the automotive sector will improve with advanced turbo charger technology and adapting different materials etc, which will ultimately be environmental-friendly and emit less pollution with stringent emission norms.