Meiban to localise some value-added services

By admin June 17, 2013 12:29 pm IST

“As Meiban predominantly imports all its machines from Muratec, Japan, the exchange rates play a major role in getting orders.”
– A. V. Srinivasan, CEO, Meiban Engineering Technologies Pvt. Ltd.
Meiban Engineering Technologies is in both sheet metal and metal-cutting machine tools industries which have faced a difficult market scenario due to slump in automotive parts manufacturing and tight monetary policies. A. V. Srinivasan discussed how the global slowdown affected the overall industry.

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