TAGMA announces its new leadership

The Tool and Gauge Manufacturers Association of India (TAGMA) has successfully concluded its 32nd Annual General Meeting (AGM), which featured a crucial election process for a new Executive Council. During this year's AGM, TAGMA members convened to deliberate on significant industry developments, exchange valuable insights, and unveil the 'Indian Tooling Report'.

The highlight of the AGM was the election of the new Executive Council of TAGMA. Devaraya Manjunath Sheregar, Managing Director and Chairman of Devu Tools Pvt. Ltd., assumed the role of the newly appointed President, while D Shanmugasundaram, Managing Director of S&T Group, was elected as its Vice President for the year 2023-2026.

Sheregar expressed, "Companies worldwide are actively considering investments in India, recognizing our nation's potential as a hub for innovation and manufacturing. To harness this momentum, collaborative efforts are imperative, with a sharp focus on skill development and responding to the burgeoning demands of our industry. Together, we can shape a promising future for tool and gauge manufacturing in India."

Discussing the new initiatives, Shanmugasundaram stated, "During this term, our primary objective is to expand our horizons. We are committed to proactively extending our delegation to various countries, fostering global partnerships, and welcoming new members into our continually expanding TAGMA family. Together, we will persistently elevate the Indian tool and gauge manufacturing sector to unprecedented heights."

TAGMA India is eagerly anticipating the new leadership under Sheregar's guidance and is confident that his tenure will usher in an era of advancement and prosperity for the association and its members.

The newly elected members for the term 2023-2026 are as follows: