Can you provide an overview of Meiban Engineering and its role in the metal-forming industry?

 Meiban Engineering, a 19-yearold company in India, specialises in metal forming within the machine tool division. With a team of 45 people, the company has grown significantly and focuses on both metal-cutting and metal-forming products.

Could you shed light on Meiban Engineering's approach to localising its machines for the Indian market?

While Meiban Engineering currently doesn't have a manufacturing plant in India, it actively pursues localisation through local turnkey projects. The company aims to increase the localisation sales percentage from 5–10 per cent to 30–40 per cent in the next three years, aligning with the growing demands of the Indian market.

What kind of products and concepts is Meiban Engineering showcasing at the exhibition?

The company targets 30 per cent annual growth over the next three years, aligning with the expectations of Meiban Engineering's parent company and reflecting the flourishing Indian manufacturing industry. We place a strong emphasis on sustainability through our product offerings.

The machines showcased at the exhibition, including high-end turret punch presses with process integration, a simple automation system with punch presses, and a servo press brake, are designed with environmental considerations. These machines, utilising oil-free servo technology, offer energy savings of approximately 30–35 per cent compared to traditional hydraulic machines, contributing to a more sustainable manufacturing process.

Considering the evolving market dynamics, how does Meiban Engineering differentiate itself from competitors in terms of technology?

Meiban Engineering distinguishes itself through its unique focus on providing turnkey solutions. The company specialises in delivering not just standard machines, but fully tailored turnkey solutions tailored to meet specific customer needs. This commitment to process integration and automation sets Meiban Engineering apart, especially in high-volume and medium-volume industries.

With a significant presence in the automotive sector, are there plans to diversify into other industries in the near future?

While the automotive industry currently constitutes around 80 per cent of Meiban Engineering's business, the company is expanding into non-automotive sectors, including commercial aerospace, hydraulics, pneumatics, and more. This diversification aims to balance the portfolio and tap into emerging opportunities beyond the automotive domain.