Indian machine tool sector has grown more integrated, globally

By admin January 23, 2013 6:23 am IST

Indian machine tool sector has grown more integrated, globally
Carlos Cardoso, Chairman, President & Chief Executive Officer, Kennametal Inc.“India is very well-positioned to lead globally, because the country possesses the crucial combination of fast-paced growth with the required technical talents,” says Carlos Cardoso, Chairman, President & Chief Executive Officer, Kennametal Inc.
Kennametal is a leading name in machine tool solutions, how much responsibility it brings while doing business in India?India is a priority growth market for Kennametal and presents many opportunities to concentrate and grow more business.
As a global industrial technology leader, we bring exceptional technical capabilities and constantly invest in innovation to address clients’ most demanding operational challenges. To keep pace with India’s growth, they are continuously pushing the limits to produce more, increase efficiencies and reduce overall operating costs. We have focused our entire business on helping them achieve these goals, providing engineering and technical support as well as the right technologies.
We have been serving the Indian industrial sector for more than 40 years, yet we have never been more optimistic about India’s growth story and the opportunities it presents for our mutual growth.
What is your take on the status of machine tool sector in India?With a constant stream of innovation, Kennametal, which provides a complete solution in tooling, engineered components and advanced materials, has helped to advance the technology and the industry in India. As it has matured over the last decade, it has grown more integrated in the global market.
Not only the sector in India is growing rapidly, I believe that India is very well-positioned to lead globally, because the country possesses the crucial combination of fast-paced growth with the required technical talents. We expect to realise substantial growth in India in the coming years, serving a heightened level of production and development across the country. To serve this increased activity, our customers value Kennametal as a trusted partner, providing complete development across their processes for optimal productivity. We see many opportunities to serve this need, bringing our advantage of the latest technology, including the most advanced materials and total tooling solutions to meet the most demanding needs.As to India’s domestication policy for the industry, we have plans in place to localise high-consumption tools and wear solutions in India, which would mean ongoing technology transfer initiatives and supporting investments to build competencies to further offer Indian customers indigenously produced items supporting accelerated growth.
What are the products and solutions you offer in the machine tool business?Many people think that we provide simply tools for metal cutting. In fact, we provide end-to-end solutions, including process-engineering support for manufacturers.
We provide customised fixture tooling and enjoy a unique advantage in India for that, with the WIDMA range of machines and fixtures solutions. We also offer integrated solutions to optimise our customers’ production and performance. Our focus is to add value at every part of the customer’s process, from the art or concept design to all the way production of a finished part. 
To do this, we bring application-specific solutions proven for their industries, such as aerospace where we collaborate with customers and produce landing gear components, as well as on structural airframe and engine components.  Similarly, in the transportation sector, we bring complete knowledge in production of cylinder heads and blocks, crankshafts, con-rods and other components. In energy and power generation, we deal with the turbine blades, rotors and boiler components, among others.

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