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70 per cent of Grind Master's revenue from exports; commits to 'Make for the World'

By Staff Writer,

Added 15 February 2024

Sameer Kelkar, CEO and R&D Head, Grind Master, discusses the key products his company unveiled at IMTEX 2024. Kelkar also provides insights into Grind Master’s, revenue distribution, ‘Make in India’ initiatives, and commitment to net zero by 2030.

What specific products has your company showcased at the current IMTEX 2024, and which industry applications do they target?

At this IMTEX, we showcased three products designed for deburring. They are: lasercut, fine-punched, and blank parts. These parts are used in various industries, including the automotive industry for clutch and brake components, as well as engine components like piston rings

Could you elaborate on the importance of deburring and its relevance in specific applications like the automotive industry?

Deburring is a crucial operation as it removes unwanted material, known as burrs, left during processes like laser cutting or fine blanking. Burrs can pose safety risks, such as cutting fingers, or, in critical applications like clutch and brake components and piston rings, lead to automotive failure. Thus, deburring is essential for mission-critical components.

Can you share some insights about your contributions to the EV sector and your experiences in China and Europe?

We have supplied machinery for EVs to the Chinese and European markets since 2015. In China, our machines have been used by companies like GEELY and FAW for manufacturing EV gearbox shafts. In Germany, our machines have been applied to produce steering systems for EVs, including for leading European automotive companies and Tesla. EV is now the buzzword in India, and we leverage our experience gained in other markets to provide, proven technology to Indian companies.

How has your company embraced the "Make in India" concept, and what are your thoughts on India's current manufacturing trends?

We developed microfinishing and superfinishing solutions in 1996, when most solutions were imported. Today, around 70 per cent of our company's revenue comes from exports, showcasing our commitment to ‘Make for the World.' We aim to be a world-leading company in our niche technologies.

With regards to R&D, what are some examples of the innovations your team has worked on to maintain cutting-edge technology?

Our R&D team, comprising 22 individuals out of a total of 250 employees, is actively involved in innovations. For instance, we developed a patented process for superfinishing ball screws, improving their performance and lifespan. Additionally, we collaborate with institutions like IIT Madras for projects, and we've secured patents related to machine learning applications in finishing technology.

Your commitment to being net-zero by 2030 is commendable. Could you share the strategies you're implementing to achieve this goal?

Our net-zero mission involves three key areas. Firstly, we plan to plant one million trees by 2030 in and around Aurangabad. Secondly, we focus on circularity by remanufacturing machines, extending their lives, and reducing steel usage. Lastly, we aim for a green supply chain, collaborating with suppliers who share our net-zero mission.

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