Making The Cut

Ramakant Reddy, Md, Lmt Tools India, Highlights What Sets The Company Apart And Its Roadmap For Growth In The Indian Market.

- Mitalee Kurdekar

How has India been performing for you as a market? Which industry segments do you currently see offering you the biggest opportunities and what are the demand drivers therein?

LMT Tools India has consistently grown over the past years. The Indian automobile sector has been favourable. We are quite competitive in the Indian market by supplying high-quality and high-productivity tools. The demand for our tooling solutions is increasing, which has resulted in the spread in our customer base too. We believe that we are a market leader in the gear-cutting segment. In other segments, such as milling & threading, rolling systems, advance tooling, and reaming, we are focusing on strengthening our market presence.

We see aerospace gaining quite a bit of importance, and with our strong programme, we find ourselves very relevant in that segment. The medical industry is another one that is gaining greater amount of importance. Within the energy industry, we have seen some resurgence in wind energy and the need for newer technologies. Within the automotive industry itself, with the advent of the latest generation of machines coming in, we are beginning to see sizeable interest in the new generation of cutting tools – for example, in gear production, manufacturers have brought in the latest technology machines, which have a high-throughput – so we have had to step in to give them the latest range of tools to meet the expectations of both machine and customer.

Given the high level of competition in the cutting tools business, could you elaborate on what sets LMT tools apart from the rest?