How has been the overall performance of your company in India?
QVI India has been present in the market since 2008. We have been having a steady growth in the market. However, as an organisation, we want to grow & have better market share in our product line. We want to give our customers the updated technologies with advanced software. Thus, as a company, we are looking ahead in this direction.
Keeping in mind the developments in the Indian manufacturing sector lately, in terms of advanced technology adoption, volatile market conditions and changing customer requirements, what would be your outlook on the industry performance this year?
There has been an initial setback that the Indian manufacturing sector has faced after the implementation of GST. However, we have also witnessed the recovery from this initial setback and the market has shown steady growth. This growth has been steady and continuous, bringing in good numbers. Going by this trend, we anticipate further growth in the next fiscal.
What were the new products and technologies that you launched during IMTEX this year? What are the upcoming trends that you foresee in your business sector?
In this year’s IMTEX exhibition, which specialises on metal forming technologies, we are showcasing our company’s SNAP, 1-shot vision measuring systems, which are very good for inspection of huge number of small sheet metal components. These are the 1-shot machines and these systems give part dimensions, within seconds. With this specialty, we are sure that the product will find a good market in this metal forming exhibition.
Speaking of upcoming trends in our vision measuring market, the customer is looking at user-friendly software and that is where the challenge comes. We are well-equipped with strength in this context and our software is very user-friendly, especially the snap 1-shot vision measuring systems, which we had showcased at this IMTEX exhibition. The software auto-detects the feature and gives the results within seconds. These are the kinds of software which we are continuing to develop so that our users and customers can get the best of these systems.
IMTEX provides a good platform for networking with customers and vendors. How do you strategise post IMTEX 2018 to get the maximum out of the exhibition?
There is no denying that the IMTEX exhibition is a very good platform for networking, both with the customers and vendors. For us, it is also a platform where we educate and bring awareness to our customers about the latest technologies offered by our company, whether it is in terms of our vision measuring systems, the optics that we put into the systems and how good they are and the advantages that our software products bring to our customers and clients globally. Thus, this exhibition is a great platform for direct interaction with existing and future customers in this regard.
Secondly, we are also looking for some channel partners in key geographies, with whom we would like to work with, to promote our products & technologies. So, this is an ideal platform where we can develop the business through customers and channel partners.