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Now it’s time for Indian tooling Industry to lookup

Category :

Tooling Industry

Now it’s time for the Indian tooling industry to lookup   With recent government initiatives to support India's manufacturing industry, it's now the turn for the Indian tooling industry also to come forward & partner with each other to leverage this growth. The Indian tooling industry is fragmented, and there is a need to build networking among the stakeholders.  It has been noticed that companies invest an amount in buying expensive machines/assets & also employ highly skilled labor. Still, the same is not being utilized efficiently due to scattered demand in the industry. If this industry starts sharing information about their assets that their associates can leverage, it will become cost-competitive. But to do so, a platform is required to start sharing this information, followed by networking & getting into one standard system. This way of working will bring efficiency and cost advantage and help the industry scale up & skill up in leveraging the local and global demand, which is a significant need in the current situation. #machine #manufacturing #networking #india #makeinindia #tooling #tool

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