“As many reports suggest, this decade is all about India's growth story. We must gear up for the same. However, capacity addition is still the biggest challenge, and toolmakers should come forward to solve this issue. If we can enhance our capacity, we will definitely be able to reduce the imports.” - D. Shanmugasundaram, Vice President, TAGMA India
May 2022 : The 12th Biennial Die & Mould India International Exhibition organised by the Tool & Gauge Manufacturers Association of India (TAGMA) came to an end on April 30. From the latest technologies and innovations to new launches, visitors witnessed it all at the four-day mega event.
The four-day event showcased various technological developments for the booming die and mould industry. The event provided a platform for toolmakers to learn from the user industry while highlighting opportunities and challenges.
“The 2022 edition is a grand success. I spoke to all the exhibitors, and they were all happy with the outcome. We also organised a B2B pavilion which was received well by toolmakers and the user industry. As we can see many opportunities evolving, it is time for us to channel our resources and enhance our capacity and capabilities. We must work on skill development, stimulate the government for industry-friendly policies, and adopt futuristic technologies,” said D. M. Sheregar, President, TAGMA India
At the B2B Pavilion, 10 companies from the user industry met around 25 toolmakers collectively and shared their expectations with toolmakers.
Talking about the response and industry trends, D. Shanmugasundaram, Vice President, TAGMA India. said, ""We are overwhelmed by the response. Many exhibitors have already enquired about bigger space for the next edition of DMI. With the response, we can see big opportunities in front of us. As many reports suggest, this decade is all about India's growth story. We must gear up for the same. However, capacity addition is still the biggest challenge, and toolmakers should come forward to solve this issue. If we can enhance our capacity, we will definitely be able to reduce the imports.”
More than 300 exhibitors covering an area of 19,200 sq m and 10+ countries participated in the 2022 edition of the Die & Mould India exhibition with each presenting the latest developments in the tooling industry. With a significant growth forecasted and the emergence of many sectors in India, the Indian tooling industry is expected to see double-digit growth in the coming years. Overall, over 38,000 visitors marked their presence at the 12th edition of Die & Mould India from over 15 different sectors. With the grand success of Die & Mould India 2022, the forthcoming years are sure to create huge opportunities in the Indian tooling industry.
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