What were the products and technologies that your company had launched during IMTEX this year?
We have showcased, for the first time in India, our indigenously manufactured telescopic covers for the machine tool industry for guideway protection in a big way. Along with that, we have also showcased our large-sized cable carrier systems in plastic and steel segment for use in the machine tool industry. Also, for the first time, we have demonstrated our total flexible cables for use in moving application ‘Total Trax’ in this sector.
What has been your company’s strategy post IMTEX 2017 to get the maximum out of the exhibition?
We are continuously working on the leads generated during IMTEX 2017 and are simultaneously working on the specific requirements of our customers by personally visiting them and catering to their demands.
What is the impact of the ‘Make in India’ initiative on the Indian manufacturing sector? How is your company strategising its plan for manufacturing activities in India?
The ‘Make in India’ initiative announced by our Prime Minister is aimed at providing large-scale employment to the available manpower in the country and get them to contribute and boost the manufacturing sector in India. It also leads to an increase in the manufacturing share of the Indian GDP from 14-15% to 25% of GDP.
Coinciding with this vision of our Prime Minister, our company has created a separate division for the manufacturing of Telescopic covers with an addition of around 25 full-time employees in this new division for the manufacturing of sheet metal parts and products catering particularly to the machine tool industry.
Can you brief us on the major trends in your industry sector in the upcoming years, in terms of technology development, market requirements, product lifecycle, collaborative manufacturing, etc?
Industry 4.0 and Additive Manufacturing will be the next big thing in terms of technology in our sector and market requirements may be more dynamic, especially with the new taxation rules such as the upcoming GST norms.
How do you plan to align your company’s Vision 2020 strategy with these trends?
Our company’s vision is to advance the ‘art of moving’ beyond expectations. Hence, we are aligning ourselves to find new applications, possibilities and challenges in cable management systems with our customers.
How has your company coped with the rapid pace of digitalisation and Industry 4.0 in the manufacturing sector?
We have already started some activity internally around the digital factory concept and Industry 4.0. We will adopt and follow the footsteps of our German mother companies and derive & practice the best practices & systems implemented by them.
How do you plan to expand your company’s market presence in the Indian market? What are your company’s future plans for India?
We have expanded our production capacity last year with the addition of a new production line. The future plan includes expansion in market development activities with enhanced sales & service support, application development and special execution capabilities.