Q. How do you see the market for CNC machines in India?
Market potential for CNC Machine Tools is growing and will keep growing in future. This growth is fueled by certain industry segments aggressive growth plans. Infrastructure, Heavy Engineering, Railways, Aerospace and Defense sectors are high priority and high growth potential sectors. Of course, Automotive sector –which is largest machine tool consuming sector is also showing positive growth. White Goods sector is also growing rapidly. Particularly Tooling industry – Die & Mold is also growing phenomenally.
Q. Die mould industry / Tooling Industry is largely contributing to automotive industry. How do you see the future and your views on Die Mould / Tooling industry?
It is undeniably right – Die + Mold industry is playing unquestionably critical role contributing to automotive sector and driving new developments in CNC Machine Tool industry.
Die + Molds are becoming increasingly complex and demands increased functional & quality demands.The Dies and Molds market in India is experiencing increased demand from industries such as Automotive, Plastic, Electronics and Electrical, Healthcare, and Machine Tools, among others. Industry is growing about 15 ~ 20 % which is phenomenal growth.
Q. In your view, what Die & Mould industry should consider to enhance their Technological capabilities ..?
This sector must adopt high quality machine tools capable to produce high quality and critical dies & molds. Along with machine tools, right selection of software and hardware is also of utmost importance.
In my view point, this segment is fragmented and needs consolidation and knowledge collaborative approach within themselves in order to grow together and bring in and use technology.
Die + Mold industry should consider :
• High Speed Machining
• Right CAD /CAM solutions
• Right CNC features necessary for optimal speed control functions of machine
• Right Tooling
Along with this Die + Mold manufacturers must realign their short term and long term business strategies Future is potential and promising.
Q. Factors influencing the demand for dies moulds in India
Dies & moulds are becoming increasingly complex and demands increased functional and quality. The Dies and Molds market in India is experiencing increased demand from industries. such as Automotive, Plastic, Electronics and Electrical, Healthcare, and Machine Tools, among others.
How Indian die mould providers can compete with the global players and reduce the dependence on import? This is question, our Die & Mould industry should address collectively and proactively.
Q. There is lot of buzz around IIoT (Industrial Internet of Things) and smart factory. What do you think and what are your views ?
IIoT, Smart Factory, Industry 4.0 are being heard very commonly in all industrial sectors be it Machine Tools , Automotive manufacturing or general engineering sectors. Globally manufacturing industry is witnessing 4th Industrial Revolution and all these buzz words are coined to describe 4th Revolution.
It is amalgamation / convergence of manufacturing and digital world- Cyber-Physical-World. This is seamless integration through digitization of all connected industries. This is based on various technological pillars such as Big Data Analytics, AI, Cloud, Augmented Realities, Automation / Robotics, 3-D Printing etc.
The Internet of Things (IoT) is a revolutionary manufacturing technology that allows electronic devices connected to each other, within the existing Internet infrastructure, to communicate with one another without human intervention.
In my personal views, it will not happen so soon in India and it will take longer time that we are thinking. All stake holders must try to understand importance of IIOT in their particular industry and start taking baby steps as soon as possible and start learning and implementing. Software support system in India is almost ready to support this industrial revolution but other hardware parts are not yet ready to me implemented.
Brief info on company
FEMCO is more than 70 years old Machine Tool Manufacturing company in Taiwan known and highly respected for manufacturing Machine Tools for various industry segments – Heavy Engineering, Oil & Gas and Aluminum Alloy Wheels.FEMCO realized the potential offered by Indian Industry and established own company in year-2011 with just 3 employees. In last seven years we have reached various milestones in our journey in Indian Market.
FEMCO product overviews comprises – Horizontal Boring Machines, Horizontal Boring Machines with Integrated Facing Head & Automatic Tool Changer for Facing Head, Horizontal Lathe Machines, VTLs and Alloy Wheel Manufacturing Solutions.
Femco is the 1st Taiwanese company to establish Technology Center in India which is located at Pune. This Technology cum Demo Center is spread over 40,000 square feet.
Through this Technological Center we are able to demonstrate our technical capabilities to our customers. We offer Test Cut trials to demanding customers.
We are not only offering standalone machines but complete solutions which includes pre-sales, application engineering support, installation & commissioning through well qualified and factory trained engineers, support through warrantee and after warrantee, timely spare parts availability.
After having into this market and understanding various industry segments and geographical regions, we have expanded our reach to various important industrial locations.
To meet various requirements of market and various industrial segments, we have joined hands with few other Taiwanese Machine Tool Makers and started marketing different machines such as VTL, Double Column Machining Centers, Grinding Machines, EDM.
