Could you walk us through the journey of Milacron and tell us about how you have seen the company evolve?
Milacron’s journey is inspirational and peppered with several innovations. Our story began in 1995 on rented premises, and just a short three years later, its leaders invested in a facility in Vatva, Ahmedabad. Over the years, we’ve established ourselves as a preferred plastics processing provider for companies across various industries. As of 2023, our India-based facility successfully sold over 25,000 machines.
Currently, we have a manufacturing capacity of several hundred injection moulding machines and a dedicated workforce of over 750 associates. In my 18 months as the Managing Director, I’ve witnessed outstanding growth in the plastics industry and have subsequently focused on enhancing our production capabilities while increasing customer engagement.
We are also looking at digital transformation through M-Powered, our IIoT (Industrial Internet of Things) solution. M-Powered offers clients sophisticated tools, including predictive analytics, alert reporting, remote technical support, and production recipe management. These tools also are designed to reduce unscheduled downtime.
My goal is to ensure Milacron adapts and evolves to meet industry demands. We prioritise timely and robust service delivery to advance our production, expand our outreach, and embrace advanced digital solutions.
How do you perceive the current demand for plastic processing solutions in the Indian market?
This story is from the February 2024 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 2024 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
OUR HYBRID HYDROMETALLURGY PROCESS EXTRACTS ELEMENTAL COMPOUNDS WITH 1/10TH THE CARBON FOOTPRINT
MiniMines’ Founding Director, Anupam Kumar, and CTO and Director, Arvind Bhardwaj, candidly discusses their shared passion for recycling batteries, inception of their dream venture, their patented eco-friendly process HybridHydrometallurgy, upcoming initiatives, and expansion plans in an interview with Nisha Shukla.
IGUS LAUNCHES NEW COMPACT LOW-COST ENERGY CHAIN FOR DRAWERS
For cable guidance in drawers and pull-outs of all kinds, igus is launching the draw e-chain.
Hero Lectro introduces the H4 and H7+ e-cycles
HERO LECTRO, the e-cycle brand of Firefox Bikes Ltd., has unveiled its latest offerings: the H4 and H7+.
ETP Group launches next generation solutions in unified commerce retail management
ETP GROUP, Asia’s leading retail software company, has announced the launch of two new and innovative platforms - Ordazzle and ETP Unify – to redefine the retail and e-commerce landscape in India.
MARPOSS' UNMATCHED QUALITY CONTROL SOLUTIONS FOR FUEL CELLS AND ELECTROLYSERS
Exploring Marposs' quality control solutions for fuel cells and electrolysers, which aid manufacturers in achieving high accuracy and quality in production processes.
"WE PLAN TO DOUBLE OUR GROWTH IN THE NEXT THREE YEARS"
In a traditionally male-dominated sector like India’s energy industry, the journey of Preeti Bajaj, CEO & MD of Luminous Power Technologies, stands out as a beacon of inspiration and empowerment.
OPTIMISING 5G ROI FOR LONG-TERM SUSTAINABILITY OF ENTERPRISE NETWORKS
A look at how 5G can enhance network infrastructure by providing the connectivity, security, and agility needed to confront upcoming challenges.
ACCELERATING A SUSTAINABLE FUTURE THROUGH SIMULATION
The article demonstrates how simulation can help industries pave the way for a greener future while enabling them to adopt more efficient practices during the manufacturing, utilisation, and maintenance of products.
INNOVATION AND TECHNOLOGY ADVANCEMENTS: SHAPING THE FUTURE OF DRONES IN INDIA
The article underscores the role of drones as significant disruptors for the future, offering a multitude of benefits across various sectors and presenting novel solutions to existing challenges.
THE SYNERGISTIC FUTURE OF MSMES AND STARTUPS IN INDIA'S MANUFACTURING SECTOR
The article delves into the immense possibilities that MSMEs and startup collaboration hold for transforming manufacturing practices, underscored by the supportive role of funding mechanisms and a conducive policy environment.