Can you provide an overview of TRUMPF's presence in India and the products it offers in the country?

TRUMPF (India) Pvt. Ltd. is a wholly owned subsidiary of TRUMPF SE + Co. KG. It was established in 2006 in India and has its head office and showroom in Pune. With its closer-to-customer approach, it has expanded its footprint by establishing regional offices, training centres, and spare parts warehouses in Mumbai, Bengaluru, and Delhi. TRUMPF India offers its assistance to customers throughout the business cycle, starting with providing consulting on technology upgrades, followed by solution implementation, and ending with after-sales service support. It has a team of more than 135 customer-centric employees serving India, Sri Lanka, Bangladesh, and Nepal markets.

What are the key market segments that TRUMPF is targeting in India, and how does the company plan to meet the diverse needs of its customers?

TRUMPF aims to cater to various industry segments in India, including automotive, infrastructure, agriculture, construction, elevators, electronics, solar, etc., which include OEMs as well as their suppliers. The company emphasises a customer-centric approach, providing solutions tailored to specific industry needs. TRUMPF focuses on building partnerships with customers and supporting them through the entire sheet metal processing journey.

Why has TRUMPF chosen to participate in exhibitions like IMTEX, and what products is the company showcasing at such events?

IMTEX provides a platform for TRUMPF to connect with customers, showcase its capabilities, and establish itself as a reliable partner in their business. The company exhibits a range of products, including 2D and 3D laser cutting machines, punching machines, bending machines, welding machines, and interactive solutions on tube laser cutting, e-mobility, additive manufacturing, etc., along with digital connectivity solutions in manufacturing through consulting, platform products, and software solutions. The goal is to demonstrate TRUMPF's capabilities and strengthen its position in the Indian market.

Could you share insights into TRUMPF's growth plans and expansions in India, including any plans for new offices or manufacturing plants?

We have identified India's significant growth potential and, consequently, plan to establish a manufacturing facility in Pune. The decision stems from the observed and forecasted growth in business with increased market share over the past six consecutive years, which is driven by development in the Indian economy and industry. The Pune plant is expected to start production in Q4 of CY 2024, initially focusing on sheet metal bending machines and later expanding to include 2D laser cutting machines as a step-by-step expansion approach.