Market for imported machine tools not encouraging

By admin June 17, 2013 12:36 pm IST

“It is possible to sustain in the market if one is competitive, offers unique technology to generate better quality at higher production rate, and keeps the cost of component as minimum as possible.”
– Mukund V. Puranik, Director, Universal Engineering Consultants
Universal Engineering Consultants is a sales and liaison service provider started from January 2013. It is a new venture started by Mukund V. Puranik, immediately after the superannuation from a limited company. In this exclusive interview, Mr Puranik shares why starting own venture was bit challenging but definitely a positive step forward.
Products and solutionsUniversal Engineering Consultants represents a long list of CNC machines from reputed European and South-East Asian machine manufacturers. It offers liaison services as per the need including sales promotion and project management. The company provides machines at competitive prices with good application, tooling and service support. It also assists manufacturers in registration for e-tendering required in various government organisations as well as in e-tenders and reverse auction at a nominal price. Its other services include valuation of plant and machinery, project management and certification of chartered engineers to various customers starting new ventures or buying, selling, and replacing existing assets.
PerformanceUniversal Engineering Consultants is in infant stage as it is started just 6 months back. However, the company is successful to tie up with reputed manufacturers in short time, covering a range of machines, and initiating interactions with various customers to offer its products and services. In spite of market trends which aren’t encouraging at present, the company is expected to deliver and should come out with good results in short time.
Shortcomings in last 1 yearThe market for imported machine tools is not very encouraging. Because of greater emphasis on indigenous manufacturers by government companies, it is possible to sustain in the market if one is competitive, offers unique technology to generate better quality at higher production rate, and keeps the cost of component as minimum as possible.

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