The automotive industry is slowly and steadily getting back on track in India. Do you see a glimmer of hope there?
Automobile sales figures from the recent past are encouraging. After a delayed but good monsoon season we foresee automobile industry to grow at a rapid pace. We are optimistic about the two wheelers from rural India in particularly (due to blessings of Rain God!) and also expecting demand enhancement in four wheeler segment too.

Commercial vehicle has already started showing a robust sales growth. The forecasted figures for automobile sales in this financial year may surpass the same. Once the automobile industry prospers, we will see a huge growth in Indian machine tool consumption for sure.

Which are the other sunrise industries that promise good business for you in the coming years?
We are bullish on emerging segments like Aerospace and Energy. It seems the future years would belong to the Aerospace industry in the country (including Defence as well as civil aviation). Also a good expectation for the machine tool industry is from other niche segments like Energy and Health care.

Have you launched any new product recently or are planning to do so?
Every year our R&D team is committed to launch at least 10 new variants to strengthen our product basket. We are planning to launch some of the fantastic products bundled with innovative technology. Some of the state-of-the-art multi axis CNC machines are on the agenda for launching it globally.

Any plans of expansion?
Yes, we are evaluating the demand perspective periodically to grab the market share whenever the demand exceeds the production capacities nationally through expansions. The charted action plan for expansion is already on the paper and will get the green signal as soon as we smell some good shine of demand across the industrial spectrum.

We surely believe in the theory "Survival of the fastest!" Whosoever is prepared for the growth should have an agenda for expansion to take an opportunity advantage by expansion.

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