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MACHINE TOOLS TAGMA organises 4th International Tool Summit

Feb 15, 2019

Tool and Gauge Manufacturers Association (TAGMA) organised the fourth edition of International Tool Summit (ITS) themed ‘Indian Tooling Industry: Forming & Moulding the Future’ in Pune.

Tool and Gauge Manufacturers Association (TAGMA) recently organised the fourth edition of International Tool Summit (ITS) in Pune, with the theme “Indian Tooling Industry: Forming & Moulding the Future”. The two-day event saw four panel discussions, 16 technical sessions, with about 40 speakers discussing various topics that impact the Indian tooling industry. Various companies showcased their state-of-the-art technology through technical sessions and stalls at the event that targeted companies and professionals associated with the die & mould industry. Overall, the event aimed to highlight the latest technology trends, business dynamics, opportunities, challenges and the outlook.

The summit was inaugurated in the presence of the chief guests – Sunil Kakkar, Executive Director (Supply Chain), Maruti Suzuki India; Saurabh Kumar, DGOF & Chairman, Ordnance Factory Board; Laxmi Laxman, General Manager, PCK Budrus (present on behalf of Peter Vetter, Head, Quality Planning Tool Steels, Buderus Edelstahl); N Reghuraj, MD – NTTF; Founder President, TAGMA India; D K Sharma, President, TAGMA INDIA; and D Shanmugasundaram, Vice President, TAGMA India.

Welcoming over 400 professionals from around the world, Sharma said, “Today, with an increase in demand from the automotive and consumer industries, the Indian tooling sector is witnessing rapid growth. The total tooling demand for FY17 in India was USD 2070 million and is expected to reach USD 2683 million by FY 2020 with the CAGR of 9%.”

Further sharing his views, Kakkar elucidated, “At present, the Indian automotive industry contributes 7.5% to the Indian GDP and 49% in the Indian manufacturing industry’s GDP. It is set to grow further, thanks to the rising income, increasing population and better infrastructure. Everyone related to the eco-system needs to work together and contribute towards this growth. Localisation is the key to be competent. Today, 75% of our tools are sourced from domestic suppliers and we want to increase that even further. We expect world-class tools to be supplied and help us in saving cost and time.”

Moving on, Laxman addressed the gathering on behalf of Vetter and delivered his message. She highlighted the changing dynamics of the automotive industry and how the usage of new materials in the future automobiles will pose challenges for tool makers. This was followed by a speech by Kumar who spoke about the current happenings in the Indian defence sector, activities of the ordnance factory and opportunities for tool makers. He cited, “We need many tools for cold rolling, forging, plastic moulds, sheet metal, and fixtures solutions, among others.”

Subsequently, Reghuraj was felicitated and was presented the lifetime achievement award by TAGMA India. Next, Ashim Sharma, Partner & Group Head, Business Performance Improvement Consulting (Auto, Engineering & Logistics), Nomura Research Institute India presented an overview of the tooling industry. Besides, panel discussions on topics like, ‘OEMs and Tooling Suppliers - Collaborative Approach’; ‘Subtractive & Additive Technologies – How Will the Coexistence Emerge in Future?’; ‘Emerging Sectors for Indian Tool Makers’; and ‘Changing Dynamics in Auto Sector - Impact on Indian Tooling Industry’ were held.

Plus, technical sessions, such as, ‘Overview on global toolmakers in Asia, Europe and US/Canada and how Indian toolmakers can reach to their standards’ by Dirk Soltau, Head of Chemi- Kaufteilemanagement – Beschaffung, Volkswagen; ‘Future Of Making’ by Pankaj Gauba, Head Digital Manufacturing Group, India & Middle East, Autodesk; ‘Today's Solution for Tomorrow's Challenges’ by T.S. Gopalakrishnan, Director, Multiple Special Steel; ‘A look into the 2K Mould Technology’ by Alan Cecco, Design Director, Silver Basis Group; ‘Smart Manufacturing in Tool Rooms for Improved Productivity, Quality and Delivery’ by Prof Asim Tewari, Chair Professor in the Department of Mechanical Engg and Head of the NCAIR at, IIT, Bombay; and ‘Critical aspects in Skin Panel Dies’ by Martin Heckmann, Development Engineer, LÄPPLE Automotive, and more were held during the event.

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