Kindly provide an overview of LVD and its core offerings in the sheet metal working technology sector.
LVD stands as a comprehensive supplier of sheet metal working technology, encompassing laser cutting, punching, bending, and software integration. The company positions itself as a onestop shop to meet diverse sheet metal working needs.
How does LVD respond to the growing demand for automation in sheet metal working processes?
LVD is committed to achieving end-toend automation in sheet metal working. As manufacturing dynamics evolve with smaller batch sizes and shorter lead times, our core focus is facilitating efficient processes through cutting-edge machines and advanced software solutions, such as the Cabman software.
Could you discuss the role of software in LVD's operations, especially concerning sustainability?
Software is critical in optimising manufacturing processes, impacting up to 90 per cent of overall efficiency. LVD recognises the significance of software in reducing resource consumption, aligning with sustainability goals beyond conventional measures. LVD has a global presence.
Can you elaborate on the company's manufacturing plants and recent expansions?
LVD operates globally, with manufacturing sites in Europe (Belgium, Slovakia, and Italy), the United States, China, and India. The recent addition of Multifold, a Mumbai-based company specialising in panel bending machines, reflects LVD's commitment to growth and diversification.
Does LVD plan to acquire more companies or technologies in the future?
LVD remains open to acquisition, emphasising the importance of adding value to both the group and the customer base. Past examples include integrating an Italian automation company and tube laser cutting manufacturers into the product portfolio.
What industries does LVD cater to, particularly in India?
LVD serves a diverse range of industries globally, including construction, renewables, energy, defence, aerospace, consumer goods, electronics, and more. In India, the company's footprint spans across various sectors, reflecting the versatility of its products.
Regarding sustainability, what steps has LVD taken both globally and in India?
LVD maintains a progressive stance on sustainability, focusing on adding value to manufacturing processes and customers. While exact steps towards net-zero goals may vary, the company remains dynamically positioned to align with sustainability objectives.