Page 6 - MTW JANUARY 2022 Digital Magazine

CEO CORNER

Publisher & Printer
Shirish Dongre
CEO
Shekhar D.
Editor
Shilpa Dongre
Editorial Head
P.K. Balasubbramaniian
Marketing Team
Ladoji Pendurkar, Amol Powle, Bhavin Shah,
Bharat Shah, K. Purohit, Sandiip Shetye, Hiren Shah,
Reshma Mandal, Rinki Pundir Machine Tools industry :
Online Marketing
Kailash P. Growth with spirit
Print & Online Division
Arun P. Shinde, Nandan S. Moghe, Besides all the economic uncertainty, the industry is in a serious disruption phase.
Ganesh B. Mahale, Dinesh S. Gawade Never before have machine tool builders experienced such a major change in their
Circulation Executive industry as the one driven by digitalization and new technologies. The trend towards
Jyoti Fegade, Satish Kadam, Amol Ranshur
greater flexibility in manufacturing drives product innovations like multitasking and
Branch Offices (Zonal)
NORTH additive manufacturing as suitable alternatives to traditional machine tools.
(Delhi & NCR regions)
Kailash P.: 09552537922 Digital innovations and profound connectivity represent valuable features. Sensor
SOUTH integration, utilization of artificial intelligence (AI), and the integration of sophisticated
Chennai
Y. V. Raghu : 09566141224 simulation features enable advancements in machine performance and overall
equipment effectiveness (OEE). New sensors and new ways of communication,
Coimbatore & Kochi
Bala : 08451867651 controlling, and monitoring enable new opportunities for smart services and new
Bangalore & Hyderabad business models in the machine tool market. Digitally enhanced services are about to
Amol P. - 09820488541 become part of each OEM’s portfolio. The unique selling proposition (USP) is clearly
EAST shifting towards digital added value. The COVID-19 pandemic may further accelerate
(Kolkata & Other regions)
Amol Powale - 09820488541 this trend.
WEST
Pune Capital goods industries are sensitive to general economic downturns. Since machine
Kuldeep Kshirsagar - 09689403523 tools are mainly used to produce other capital goods, this applies especially for the
Nashik machine tool industry, making it vulnerable to economic fluctuations. The recent
Abhijit B. Joshi : 09890002333
economic downturn triggered by the pandemic and other negative effects was
Ahmedabad (Saurashtra) mentioned as the biggest challenge faced by most machine tool builders.
Bhavin Shah : 9702099997

Long-term consequences for the machine tool industry are difficult to predict, but the
changing supply chain requirements and increasing demand for digital services are
likely to become permanent. Since services are still necessary to keep the installed
machines productive, OEMs and suppliers expand their service portfolio focused on
Head Office : digitally enhanced service innovations like remote services. The new circumstances
Divya Media Publications Pvt. Ltd.,
3rd Floor, Harmony Tower, N.S. Road, and the social distancing lead to a growing demand for advanced digital services.
Thane-400 602. Maharashtra
Tel: +91 22-25380574/75, Telefax: +91-22-25418254
E-mail: shekhar@divyamediaonline.com
Website: www.mtwmag.com
Printed & Published by Shirish Dongre on behalf of DIVYA
MEDIA PUBLICATIONS PVT LTD., Printed at Anitha Art
Printers 29/30, Oasis, Next to Vakola Market, Santacruz(E),
Mumbai-400055, published from 303/304, Harmony Tower,
N.S.Road, Court Naka, Thane West, Thane-400601. Editor :
Shilpa Dongre
CEO

2 MACHINE TOOLS WORLD JANUARY 2022 www.mtwmag.com