Last year, MMC Hardmetal India completed 10 years of successful operations in India. Congratulations to you and the team on reaching this milestone. How would you describe the journey so far?
In 1999, MMC Metal Singapore Pte Ltd entered Indian market with state-of-the-art cutting tools from Mitsubishi, Japan. India was a branch office of Singapore Operations till early 2006. Our Business Partners used to import tools from Singapore Office and Indian Branch was responsible for technical support to end customers.
MMC Hardmetal India Pvt Ltd was established as a Subsidiary of Mitsubishi Materials Corporation, Japan in August 2016 with its Head Office and Stock Centre at Bangalore. We completed 10 years of operations of Indian Subsidiary last fiscal and our journey so far in India is fascinating.
To add further glory to completion of a decade in India, we also inaugurated our first manufacturing plant in India last fiscal. With the philosophy of being closer to our customers, we have set up Regional offices at Gurgaon, Pune, Chennai and Ahmedabad. Currently, we have a fleet of satisfied employees strategically located across the country who are willing to leave no stone unturned to achieve customer satisfaction.
MMC Hardmetal has joined the ‘Make in India' band wagon by starting a manufacturing plant in India. Please tell us about the same in terms of location, investments and capacity. What tools are you going to manufacture at this plant?
MMC Hardmetal India Pvt Ltd, popularly known as MMCI joined the ‘Make in India' campaign by honorable Prime Minister Narendra Modi in December 2016. Since the announcement of ‘Make in India' campaign by Government of India, we started working towards it and inaugurated our first manufacturing facility at MIDC, Waluj in the city of Aurangabad.
This plant will be instrumental in manufacturing of all kind of standard and special steel products like tool holders, milling cutters, boring bars, holding systems and many similar variants. We would like to offer competitive solutions to our esteemed customers not only in terms of price but overall quality and lead time as well.
We have big expansion plans this fiscal for our manufacturing plant which includes construction of a new building, addition of new 5 and 7 axis machining centers, new inspection facilities etc. This will definitely give us an added edge over our competitors while offering Total Solutions.
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