International Tooling Summit 2017 by TAGMA India

I was at the 2nd International Tooling Summit 2017 recently at The Grand Hotel, New Delhi organised by  Tool and Gauge Manufacturers Association of India (TAGMA), the Apex Body of Indian Tooling Industry. I attended one of the Panel discussions on Indian Tooling Industry – Quest for Self Sufficiency and end user perspective. It was a great eye opening discussion for me. A lot was talked about the status of Tooling industry in India, the problems they are facing etc. The quality, cost and adherence to time limits were the concern shared by eminent panelists. But in the end the issue of providing self sufficiency remained unanswered by the panelists, as the parent companies that they belong to – relied a lot on overseas suppliers and were willing to push the Indian Tooling industry on certain conditions.

The two day summit was inaugurated by Chief Guest, Mr. Rajiv Gandhi, Executive Director, Production, Maruti Suzuki India Ltd, Guest of Honor, Mr. S K Arya, Chairman, JBM Group, and other Key Dignitaries Mr. Michael Walter – Managing Director, Buderus Edelstahl GmbH, Germany, Mr. A Dayanand Reddy – President, TAGMA India and Mr. R Sree Prakash – Vice President, TAGMA India amidst an august industry gathering.

The 2nd International Tooling Summit brought together 300+ key Policy Makers, CEOs, MDs, Manufacturing Heads, Purchase Heads, Business Heads, etc. under one common platform, to discuss best practices and seek solutions to some of the most pressing challenges in the manufacturing industry. The Die, Moulds and Press Tool manufacturing industry has substantial multiplier effect on the domestic economy hence must be nurtured to become self reliant.

Inaugurating the event in the morning, speaking on the inaugural, Mr. Rajiv Gandhi, Executive Director (Production), Maruti Suzuki India Ltd. said, “India is a country full of opportunities and capable to unleash much more to the world. Manufacturing sector plays a very significant role in India’s GDP and for the sector to grow; the OEMs cannot do it all alone. There has to be an ecosystem where OEMs and Suppliers support each other and co-exist so that the overall growth objective is met. An important point which remains a challenge for all us is upgrading our capabilities to meet the global quality standards of the product – be it a tool or a car. Hence, we believe that this International Tooling Summit will try to bring focus on all these important issues and so that it is mutually benefiting all the stakeholders”

Mr. A. Dayanand Reddy, Tool and Gauge Manufacturers Association of India (TAGMA) President also spoke on the occasion and said, “The Indian tooling industry is expected to grow further with government initiatives. Major OEMs in India are working on a plan for indigenisation of components getting into their main assemblies as per government guidelines. Policy reforms by government to make the procurement of tooling from indigenous sources will ensure growth in domestic production.

Economy and to encourage members to be progressive, this two day conference on tooling industry was an excellent platform for industry experts to get together, and share their opinion with industry delegate. With the union budget presented last week for total transformation of India and the GDP growth of 6.5% this year and forecast of about 8% for the next year, with various pro industry policies of the Central Government including MAKE IN INDIA program, let’s hope all of us are poised for good business in the immediate future and in the years to come.”

With the intent of increasing the membership of TAGMA in the NCR and also to expand the networking among the members of Northern region, TAGMA also hosted the second edition of this summit in Delhi. Highlights of the event included power packed discussions on ‘Indian tooling Industry – Quest for Self-Sufficiency and end user perspective’‘3D Printing, 3D Scanning and Inspection for Tooling Industry’and ‘Collaborative effort towards enhanced tooling productivity’. There were over 300 delegates including speakers and panel members who participated in this summit.

There was also a special session organized on GST to get a complete insight of the policy/system.  Officials from DHI (Govt. of India) also spoke to shed lights on the schemes and policies which can be effective in the manufacturing sector.

Despite various challenges, the tooling industry has managed to surge ahead in the last 10 years with diversification into several emerging areas. It has given a new lease of life to the sector with an expectancy of 15-20% year-on-year growth.

tagma-india TAGMA India was established in 1990. It has 541 entities comprising most leading Indian tool rooms and many with ISO 9001 certification enrolled as members. TAGMA, since its inception, has succeeded in getting good co-operation with the Govt. on various issues which were burdening the tooling industry, with suitable amendments during budgeting every year, like Tool Steel / Machine Tools Import under OGL in 1990-93 Import Policy.

TAGMA is trying to list the problems faced by the tool manufacturers in India by representing their problems at various levels – both with the govt. and the industry. In order to resolve the major issue of requirement of huge finances, they are planning to build up a zonal center at Chakan, Pune where they will be installing major expensive tool making machines, and the facilities can be used by small manufacturers, thereby saving time and cost. In future they plan to build similar centers in all the zones in India.

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