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Shaping the Future of Cutting Tools

By Nisha Shukla,

Added 21 February 2025

At IMTEX 2025, Nisha Shukla of ET Now Machinist spoke with Giridhar Gopal, Director & CEO of Addison & Company Ltd., about the company’s innovations, R&D advancements, and future plans for the evolving cutting tool industry.

With a legacy spanning 151 years, Addison & Company has cemented its position as a leading manufacturer of cutting tools in India. From its humble beginnings in printing press operations to becoming a dominant force in HSS and carbide rotary tools, Addison continues to evolve with changing market demands. "We have always believed in innovation," said Giridhar Gopal. "Our tagline, ‘Tools for the Changing World,' reflects our commitment to providing cutting-edge solutions tailored to customer needs.

Innovation at the Core

At IMTEX 2025, Addison highlighted its dedicated Innovation Centre in Chennai, focusing on developing advanced manufacturing processes and cost effective solutions. "Today's customers don't just need cutting tools; they need customised solutions," Gopal explained. Addison's newly developed tools cater to applications not just in India but globally, addressing quality and pricing demands that few competitors can match.

Expanding Market Reach

Addison has long served automotive, auto components, and general engineering sectors, but its future focus includes aerospace, medical implants, semiconductors, batteries, and defence. "India is poised to be a major player in global manufacturing, and cutting tool demand will rise exponentially," Gopal noted. With a strong dealer network across India and exports to multiple countries since 1962, Addison aims to become an even bigger name in the global cutting tools market.

Future-focused R&D and Automation

Innovation isn't just about product design—it's embedded in Addison's manufacturing processes. By heavily investing in automation, Addison ensures efficiency in production, material movement, and packaging, ultimately delivering high-quality tools at competitive prices. "We don't just buy machines; we build our own," Gopal stated. This self-reliance helps Addison maintain cost leadership and cater to evolving customer needs.

Looking ahead, Addison plans to expand its export footprint, leveraging India's growing reputation as a reliable supplier amid global geopolitical shifts. "The world is turning to India for cutting tools, and we are gearing up to meet that demand," Gopal affirmed.