Vikas Taneja, Vice President – Marketing, Jyoti CNC Automation Ltd shares MCMT industry’s growth outlook, top trends, and solutions on display at IMTEX 2019.
Jyoti CNC Automation Ltd is among the leading one-stop solution providers for computerized machine cutting tools. Jyoti CNC provides a wide range of CNC Turning Centers, CNC Machining Centers (3-4-5 Axes), CNC Horizontal Machining Centers, Vertical Line CNC Machines, VTLs, etc. Vikas Taneja, Vice President – Marketing, Jyoti CNC Automation Ltd shared his perspective with us on India’s MCMT industry and its growth drivers.
India’s MCMT Industry: Grow Outlook
The Indian machine tool industry is ascending higher in global ranking in production and in consumption as well. The machine tool market registered nearly 23 the growth in the recent past and we are expecting the momentum to continue for a few more years. For the next couple of years, the Indian market is very bullish as far as the Metal Cutting Machine Tool industry is concerned.
Top Metal-Cutting Solutions for Growth
The present era is of High Speed Machining (HSM), the machines which confirms the speed, accuracy & exceptional surface finish. Most innovation in metal-cutting field aims to reduce non-productive time. There will be a huge demand of 5-Axis machining centers with greater demand in defence and aerospace sectors. To sustain the growth of electronics and telecom industry, Fast Drill Tap centres will be much in demand to meet the productivity demand. Automation with machine tools is yet another big quest as to match the footsteps with Digitization and Smart Manufacturing. However, there will be consistent increase in need of customised Turning Canters, VMC and HMC to sustain the manufacturing sector demand. There will be lot of new technologies like AM (Additive Manufacturing), Laser cutting and other allied concepts to grow in coming years.
Top Industries for Growth
At present, one can see consistent growth in the manufacturing sector to meet the global demand. Automobile will continue to be a leading consumer of machine tools. Aerospace will be another segment where machine tools are getting good opportunity since many global giants have established their component manufacturing facility in India. This sector will boost the demand of highly sophisticated and advance technological machines. Double column, large size machines will be in demand as we see huge development in Railways and Energy sector. Health care and medical engineering is silently entering into the big world of manufacturing which will also generate immense demand and growth in the coming years.
Top Technologies for Growth
Digitization is not only a buzzword today; it has rather become a necessity in the New Era of Metal Cutting. Being a technology-driven company our core focus is on the application of IOT, Industry 4.0, and Artificial Intelligence in metal cutting, Real time simulation, monitoring and controlling of various manufacturing activities and so on. Industry 4.0 would be an essential feature of machine tools industry in the near future. Additive Manufacturing will be another area of growth. Clearly, the next two years would see the deployment of IOT and AI to improve productivity in the machine tool industry.
Growth Strategy
Innovation and integration of new technology in our product to serve our customer is our business motto. We have introduced many innovative technologies to the Indian machine tools Industry. We embraced a technology-savvy attitude and brought it to reality through a continuous R&D and innovation of our products. We are well acknowledged for our customized solutions to meet our customers’ need to accelerate their growth cycle. Jyoti is also serving the nation by providing best custom-built solutions for many government agencies and research laboratories. Customer support is our foremost priority to ensure the highest customer satisfaction, which is a mantra for Jyoti. We keep educating our customers with updates on the best utilization of machine, technology and bring awareness for best-in-market resources that would benefit their operations.
Presenting at IMTEX 2019
This IMTEX, we will exhibit another cluster of metal cutting machines which is perfect blend of technology and innovation for dedicated application. At Jyoti pavilion one can catch nearly 28 advanced and upgraded machines from our product basket & of course new launching machines too. The displayed machines are to connect every leading sectors ranging from automobile to aerospace.
We are launching a new variant in Turning Center series with Next Gen design loaded with best technological features to cater various mass production requirement. There will be an another new launch in our popular VMC master blaster carved in new avatar which consort with small sized VMC component. We are introducing one of our VMC variant with facelift under ‘nvu’ series. The ‘nvu’ design series has changed the perspective of Indian Machine Tool Industry.
Jyoti has always sensed the need of metal cutting industries to leap ahead, keeping in mind that we continue to promote and accommodate automation in the machine tools sector. This season we are launching another variant of automation with turning series. This is going to be economical & productivity-boosting option from Jyoti to the metal cutting industry. We are going to launch a dedicated variant in vertical shaft turning application with suitable automation.
There will be an outstanding cluster of fast drill tap centres called “Tachyon”. We are showcasing few of finest yielding applications made possible with the Tachyon family machines. This will truly reveal the capacity of Tachyon against other competitive models across the globe. In 5-axis cluster we are exhibiting finest Die-Mould machinesand lots of elements on demonstrating the tools and utilities as a part and parcel of Industry 4.0. We’ll be endeavouring to introduce the AI (Artificial Intelligence) for the first time in Indian Machine Tool Industry. Multitasking is still a big driving force as Jyoti is again the first one to build a multitasking machine in India! We will represent MTX machine with its distinctive applications. We are also displaying NX and HMC series machines under the large machine section. Apart from the highlights, you will have many surprising and thrilling elements to witness at Jyoti Pavilion, Hall No-5 at IMTEX 2019!!