Setco Spindles India exports spindles to South Korea

By Staff Report November 6, 2024 4:43 pm IST

Setco Spindles India completed trials and dispatched the first commercial export order to South Korean Machine Tool OEM.

Setco Spindles India, a part of Setco, the world’s largest independent spindle rebuilder and a leader in high-performance spindle solutions, recently dispatched the first commercial export order of three numbers of drilling application spindles to a Machine Tool OEM based in South Korea.

This commercial order was received after the successful completion of trials of the prototype spindle over a period of 5 months. These BT 50 spindles, designed specifically for drilling applications, operate at 3000 RPM and are being shipped as white-label spindles to be used in the OEM machine.

The successful delivery marks a significant milestone for Setco Spindles India as it continues to expand its footprint outside India, demonstrating its capability to provide high-quality, customized spindle solutions that meet the unique needs of global Machine Tool OEMs.

Rajesh Mandlik, Managing Director & CEO of Setco Spindles India, commented on the achievement “This successful completion of our first commercial export order to South Korea underscores Setco Spindle India’s ability to deliver innovative and reliable spindle solutions. Our collaboration with the South Korean OEM is a testament to our team’s expertise and our relentless focus on quality and customer satisfaction. We are excited about this partnership and look forward to contributing to their success with our advanced spindle technology.”

Setco Spindles India has with a focus on delivering quality products recently installed a CMM machine as well as implemented the TPM program in March 2024. The company today manufactures approximately 70-80 spindles a month for Machine Tool OEMs in India as well as End customers of both belt-driven and direct-drive type models.

This is a milestone for the Indian Machine Tool industry as globally the spindles industry is dominated by manufacturers from Taiwan and recently China.

Setco Spindles India is also working on an order of twenty numbers of spindles for Setco USA that will be used by a US-based Machine Tool OEM.

As Setco continues to forge new partnerships and expand its market presence, this achievement reinforces Setco Spindles India’s position as a trusted global leader in spindle technology.