Mumbai, May 1 (KNN) Former President of India, A P J Abdul Kalam has come up with a five point vision for the die and mould industry which if implemented would contribute to the national economic growth.
Delivering the key note address on ‘A Vibrant Die and Mould Industry for an Economically Developed Nation’ Kalam said the industry must aspire to grow from the present Rs 17000 crore size to over Rs 35,000 crore by 2020.
He was speaking at the inauguration of the 9th Edition of Die and Mould India International Exhibition held here from April-17 to 20.
After discussion with industry experts and practitioners, Kalam said that advanced product technologies such as Nano Technology and Robotics should be encouraged across the spectrum. Further, product quality should be enhanced to international standards with zero waste principles such as ‘Just in Time’ with continuous improvements on shop floor based on the idea of “Kaizen”.
The Former President also said that the sector should aim to emerge as a net exporting industry by 2020, by understanding and catering to international industrial needs.
In addition, “the industry should forge at least 20 unique partnerships with technological and management institutions across India to promote, design and run industry specific courses to generate the next generation techno-leadership in the sector,” he said.
Die and Mould industry is a key constituent of the vital capital goods trade that is considered as the mother of manufacturing.
The unique inauguration themed, ‘Inclusive and Innovation Led Growth’ saw the participation of Director (TR), Office of the Development Commissioner (MSME), R K Rai; Officer-In-Charge and National Programme Officer, Unido – International Centre for Advancement of Manufacturing Technology Deepak Ballani; Founder President and Executive Council Member of TAGMA, N Reguraj; President, TAGMA, S C Kalyanpur and Executive Director, TAGMA, P N Surendranath.
During the event, over 210 exhibitors from Austria, Czech Republic, France, Germany, Hong Kong, India, Italy, Japan, Korea South, Singapore showcased cutting-edge technologies, demonstrating their latest technological trends in tooling industry along with cost-effective, energy efficient and environmental friendly solutions for the dies and mould makers.
The event proved to be a large platform for dies and mould makers engaged in design, manufacturing and sales of dies for Pressing, Stamping, Punching and Forming; Injection and Compression Moulds; Die Casting Dies; Patterns and Pattern Equipment; Jigs and Fixtures; Standard Tooling Component; CAD/CAM; Rapid Prototyping; 3D Printing/Additive Manufacturing; Gauges; Precision Machining; Special Machineries and related products.
Established in 1990, TAGMA India serves as a forum for the Indian tool room and die and mould industry whose activity involves design, sales or manufacture of dies for pressing, stamping, punching and forming; injection and compression moulds; die casting dies; patterns and pattern equipment; jigs and fixtures; standard tooling components; CAD/CAM; rapid prototyping; gauges; precision machining; special machines and related products.