Demand for additive manufacturing intensified amid pandemic

By OEM Update Editorial January 2, 2021 10:52 am

With the Indian government recognising AM as a strategic manufacturing sector and develop a policy towards the same, coming decade will be of tremendous significance.

Nitin Chaudhari, Partner, Shree Rapid Technologies

Discussing the increase in demand for additive manufacturing processes with the advent of technologies, Nitin Chaudhari, Partner, Shree Rapid Technologies is more optimistic about having a promising outlook of additive manufacturing.

Global metal forming Machine tools market is expected to grow at a CAGR of 4.2 percent between 2021 and 2026. How do you view India’s contribution in the global market?

With indigenisation and aggressive push towards manufacturing and the geo-political turmoil globally, India seems to be placed well to take the center stage for manufacturing. However, companies need to invest in capacity building, optimising productivity, ensure highest levels of quality assurance and turnaround times to really be able to capitalise in the opportunity. In brief, there is in increasing scope for India to contribute but on a micro level, it’s the individual enterprises which need to take on the onus to ensure delivering excellence on the mentioned parameters.

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