“We are seeing some headwinds in the domestic auto
sector with a general slowdown in demand for new vehicles due to various
reasons such as government’s push for BS -VI norms as well as the entry of
e-vehicles. Furthermore, technological disruptions are on the horizon which is
also piling up the pressure on the industry in turn on us.”
“Whenever Auto sector is down, we start to look at other industries, sectors, new markets. However, we have switched back and relied again
on Auto Industry as soon as Auto Industry turns into positive growth. Are we looking beyond Domestic Auto Industry?”
“The Government of India has continued to put up a
brave face and has been asserting that the country will become a $5 trillion
economy by 2024-25 with manufacturing sector contributing $1 trillion towards
it and this gives us hope. Hence this conclave is more important now for us to brainstorm,
understand, work, to arrive at enablers to contribute from our end to US1$
trillion Manufacturing economy.”
“In the present context, words of Mr Ashok Taneja
comes to into my mind- ‘every one will
listen to you now, whether he be a white collar or a blue collar worker’. But what happened to me is that I became even a great listener, I mean this is also the
time for CEOs to listen, what to do and how to do differently and then implement quickly. Most importantly, how are we changing the mind set of our own
people who are our biggest asset. Are we looking beyond domestic market?”
“Let us revisit the Vision that we had arrived at the
last Conclave in 2017- to be amongst the top 8 machine tool producing
countries in the world. The most worrying factor is the imports steadily
increasing and local share is shrinking in the overall consumption. It is no
doubt imports has place in the domestic consumption. But the challenge is how
to achieve our set vision as a leader in the world of manufacturing rather than
leader in domestic consumption? When the entire Machine Tool World looking at
opportunities in India, are we looking outside India?”
“Let us admit here- that Indian Machine Tool Manufacturing has
not addressed well enough the EXPORT MARKET and I would like to use this forum to throw down the gauntlet to the assembled leaders here to make a name in the export market. It may be a challenging
task with the given perceptions of Indian Industry, however, as a team we can
make it happen. In this connection, I would like to bring into your notice that
during the recently held EMO, Indian Industry presence was well felt with the
participationof many companies and this is a first step with our active participation
in International trade fair to establish INDIA brand.”
“Can the Industry leaders commit to a double digit growth of Export business? Can we include SME’s for inclusive growth in exports? These are some of the questions, as a
team we should ponder about and arrive at strategic action plans to achieve our
set Vision.”
“Let us think Big, Act Big and Achieve the set Vision.”
(UCAM is India’s largest manufacturer of precision CNC Rotary
Tables, Tilting
Rotary Tables and Direct Drive Rotary Tables. It has got a wide range of
standard products to choose from for various applications in industries like Automobile, Aerospace, Orthopaedic
Implants & Medical Equipment, Power
Generation, Textiles, Pumps& Valves etc. The Custom built products
gives an added advantage to Machine Tool Builders for their 5 Axis Machines.)