Last year
The entire sector, led by auto, has had a tough year so far. Low levels of activity in the manufacturing industry impacted demand for cutting tools. Due to this, we did not experience any growth in 2013-14.
Market position
Our desire is to become the preferred supplier of cutting tools in the market. We believe we are strengthening our position in this regard.
Customer segments
Metalworking industry is dominated by automotive and automotive component makers in the country. Consequently, our business is largely coming from these sectors. However, we are working with most other sectors including general engineering and aerospace.
Addressing customer needs
Increasing competition and manufacturing cost make it harder to stay competitive in a market where costs are rapidly on the rise; the only way forward is to improve productivity. We're offering an entire range of Gold Rush products for turning, drilling, milling, grooving etc. to significantly enhance productivity.
Delivering quality products
Our entire range of Gold Rush products - namely Turn Rush, Mill Rush, Chase2Hepta, Drill Rush, Top Drill to name a few - is focused on improving productivity and machining accuracy.
Environmental and safety concerns
Cutting tool makers around the world are working on environment friendly options in areas of base and additives. We, as a leading cutting tool manufacturer, are developing tools to work with different types of coolants, MQL, and dry machining.
Difficult to machine workpiece materials
As a tooling solution provider, it is important for us to respond to emerging needs of the market. We have developed several solutions with unique geometries, coating, alternate materials like ceramic, cermet and CBN to address tooling needs of difficult to machine materials.
Becoming a partner
TaeguTec offers tool management services around the world. We have simple logistics management services to comprehensive tool management services in our bouquet. We also offer Matrix dispensers to facilitate effective tool management for our customers. Based on Indian market and customer needs, we have geared up ourselves to offer a range of these products and services. However, such services are still not being widely used in the industry due to various constraints like tax complications.
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