How has been the performance of your company over the past two years? Any breakthrough partnership or collaboration you would like to share?
DesignTech Systems along with Siemens Industry software entered into MoUs with the state governments of Gujarat, Andhra Pradesh, Karnataka and Jharkhand to set-up state-of-the-art Siemens centres of excellence to train the students on the latest & most advanced technologies in mechatronics, product design, engineering and manufacturing. Also, DesignTech Engineering Services division got into a joint venture with Integrity Tool and Mold Inc.
What are the technological advancements witnessed in the manufacturing industry recently?
Digital manufacturing allows companies to create virtual plant simulation to analyse, optimise and re-configure the manufacturing processes for utmost productivity and efficiency. Today, companies are preferring to switch to 3D printing for producing products like mould inserts, customised jigs, fixtures and allied components. Applications of 3D printing are diverse and are being rapidly adopted by diverse industries ranging from medical devices, wearable fashion, civil and architecture, space, aerospace, defence to automotive. Metal 3D printing is also getting popular in machine tools industry and dental labs.
How can India’s IT and engineering potential help manufacturing companies to move towards Industry 4.0?
Industry 4.0 is a complete digitalisation of processes, advanced automation and robotics, self-monitored and guided systems through Artificial Intelligence that would manage the day-to-day working of the factories. This is predicted to be the next big industrial revolution. The human interface would be minimum as regular processes would be largely governed, managed, and executed through Artificial Intelligence.
Manufacturing industry in India has never been too proactive or enthusiastic in adopting the new technologies. We are not experimental in our approach and, hence, are not easily open to trying unproved or un-established new technologically advanced solutions. We rely much on our experience-driven knowledge and resort to change only when more than half of the developed world has migrated to the new way of doing things. However, this trend is now changing. The new generation management that are taking over the company’s operations are proactive to trying new technologies as they understand the need and importance of changing with times. India already has earned a reputation for being an IT hub of the world, but manufacturing is the next alternative that will bring more foreign companies to India. The IT sector in India is already advanced and ahead-of-time especially with initiatives of government to go Digital in every aspect. The next segment to follow those footsteps is manufacturing. Our IT competency will certainly help us migrate to IoT-backed manufacturing approach.
Can you brief us on your participation in the upcoming IMTEX Forming 2018? What are the latest technologies you plan to showcase?
This year, we would be showcasing some of the advanced CAE solutions, 3D printing or Additive Manufacturing technologies, latest CAD, digital manufacturing and PLM solutions from global leaders for the industries that would help them attain their goals of product design and manufacturing excellence through efficient processes and systems that augment productivity, generate greater ROI and enable them achieve higher cost effectiveness.
How are you strategising your company’s business model in the near future aligning with latest technological trends? Any plans for expansion?
DesignTech has established a firm grounding in India. We now wish to step outside our comfort zone and attempt to establish a strong foothold in south Asian countries as well. With that objective in mind, at DesignTech we have already expanded our presence in Singapore, Thailand and Malaysia as a value added re-seller of Siemens industry software for products, such as Teamcenter PLM and Tecnomatix Digital Manufacturing solution. Besides that, DesignTech Engineering Services division has also started their operations and now has a physical presence in USA and Germany.