Mr. Vivek Nanivadekar Executive Director, FIBRO India Precision Products Pvt Ltd
FIBRO India is a 100% subsidiary of FIBRO GmbH and was established in 2008 and started manufacturing in a small way in rented place. But within couple of years it became difficult to meet the market demand from that small rented place. As such FIBRO India bought the plot of 4000 sq. m. in MIDC Phase II, Chakan and started the construction in 2011. Finally, FIBRO India shifted to its own plant in March 2013 and in 2017 we started the construction of our 2nd plant adjacent to the existing one.
We started manufacturing guide pillars for domestic as well as export market. But then as market expectations increased, we kept on adding new products every year in our manufacturing range.
Subsequently in 2015 our Rotary Table division in Germany also decided to join FIBRO India to manufacture the Rotary Tables of ‘FIBROTOR’ series for automation industry. Our new plant is now ready for production. We have successfully commenced the assembly of FIBROTOR Rotary Table in 2018.
The journey in Indian market so far has been quite interesting with ups & downs but every team member enjoyed it. We have been growing at an average CAGR 30%. Our strategy has been ‘working closely with the customer to understand the problems/difficulties and offer them the right solutions. Based on the market feedback we keep on adding new products every year. We are positively responding to the government initiative of ‘Make in India’.
FIBRO has two distinct operations- Standard parts also known as Die components, and Rotary Tables. FIBRO GmbH has been closely working with Mercedes Benz, AUDI, Volkswagen etc for pressed components. In India, we are manufacturing fast moving standard parts like oil less guide elements, spring plungers, cam slide units etc. catering to domestic as well as international markets.
We have been adding new products and their variants every year catering to the Global market requirements.
Also, FIBRO are the pioneers in the Rotary Table. There are basically two types of applications for Rotary Tables one in the Automation and second in the Metal cutting, for which FIBRO has the largest range in both segments Rotomotion and Rotocutting respectively.
As per the TAGMA survey report the Tooling industry is expected to grow at CAGR 11% in next three years. Besides, India is considered as developing economy. Due to initiatives taken by the government like ‘start up India’ ‘Make in India’ it has opened the doors in IT as well as manufacturing sector. I firmly believe India can become Global manufacturing hub sooner than later.
As a result of above initiative, the Sheet metal forming industry is also on the rise in India and thus the Tooling industry. Secondly there is tremendous pressure on lead time as well as on the cost at every stage of new product development. This will drive the local manufacturing of tooling with reduced lead time and cost competitive.
The use of cost competitive quality standard parts will help the Tool makers to deliver the results. That is where FIBRO India has a role to play. At FIBRO India we are manufacturing standard parts and keeping the stock of fast-moving items to support the local Tooling industry to reduce their lead time.
Similarly, there is the substantial growth anticipated in automation sector. Therefore, it was decided to manufacture the Rotary/ Indexing tables in India to cater to this sector. FIBRO India will be making these tables for the world market soon. We are “Expanding our Horizons” to meet the market demand.
To put it in simple words ‘Working closely with the customers, understanding their problems/difficulties/challenges, FIBRO India will provide precision technical solutions thru. Standard parts and Rotary Tables to the toolmakers, Automation and general manufacturing industry by adapting innovative, cost competitive manufacturing methods.
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