What is the impact of the ‘Make in India’ initiative on the Indian manufacturing sector? What are the major changes witnessed last year?
With the new government coming in full force, there has been a lot of positive feeling in the Indian economy. The Indian manufacturing image is growing leaps and bounds in the eyes of the world. Global companies are setting up their manufacturing units in India and this has brought about a lot of enthusiasm across the Indian market. Though the government initiatives are comparatively slow or are yet to be implemented, they are in the right direction. A little push towards implementation of GST, further reduction of subsidies can result in better governance, thereby, further boosting the image of India.
Brief us on the major trends in the upcoming years, in terms of technology development, advaced manufacturing technology adoption, product lifecycle, collaborative manufacturing, etc.
One major uptrend we are witnessing is in the Additive Manufacturing space. Though at a very nascent stage in India, it is the future of manufacturing. This is the technology ideal for making actual working parts or prototypes of very small batch quantity, sometimes even one. This technology is being used for rapid prototyping and demo piece making. Recently, a jet engine was made using Additive Manufacturing and it tested perfectly well.
How do you plan to align your company’s Vision 2020 strategy with these trends?
We are planning to launch our latest offering LASERTEC 65 in the Additive Manufacturing space in India. This machine is capable of making parts using Additive Manufacturing and also perform finish milling operations on the same part in one setting. Hence, this reduces the need to have separate machine for additive and separate one for milling operations. DMG Mori Singapore has already launched the Additive Excellence Centre very recently.
What would be your recommendations on achieving manufacturing excellence and sustaining the growth momentum in today’s uncertain market conditions?
Manufacturing excellence is achieved through the use of high quality machines and equipment, trained and skilled manpower, and well-defined processes and manufacturing practices.