How has been the market for you in the last one year?
We are seeing green shoots in 2016; slow but small growth is returning to the manufacturing sector led by the automotive industry. This year we expect to register single digit positive growth after two years of flat sales performance. However several sectors are yet to pick up to their full potential.

What is your speciality as a cutting tools supplier?
TaeguTec focuses on tool materials like tungsten carbide, cermets, ceramics, CBN and PCD. Tungsten Carbide-based tools constitute a dominant part of our business in line with the market, while our presence in other cutting tool materials is not as significant. We are able to offer our customers a large bouquet of standard products and tailor-mades to suit their application needs.

Which customer sectors give you more business?
Automotive and auto component makers form a considerable portion of the overall metalworking industry in India. We hope to see a good amount of growth and contribution from defence and aerospace sectors in the coming years.

What will be the key trends in the metal cutting industry in the new dynamic scenario?
Global competition will determine the future trends in manufacturing. While India has significant manufacturing activity in several sectors, the scale of activity is much lower as compared to China, Germany and Japan. With rising cost of labour and shortage of skilled labour around the world, automation is set to get a shot in the arm. Under these conditions, processes and tools have to be reliable, consistent
and flexible.

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