ToolKart launches online platform to improve productivity of manufacturing industries

  • Industry News
  • Jul 09,20
Precision cutting tools is one of the key factors that can enhance the manufacturing productivity to the extent of 20-30%, and in some cases even more
ToolKart launches online platform to improve productivity of manufacturing industries

Bangalore

ToolKart Precision Tools Pvt Ltd has launched its online e-commerce marketplace - www.toolkart.co - a platform for industrial buyers to choose and procure the Right Cutting Tools online in an easy and a hassle-free process. Any Industry that employs metal cutting machines like lathes, milling machines, CNC turning centers and vertical machining centers can buy cutting tools online from ToolKart.

ToolKart is completely technical oriented, thoroughly application specific and designed to meet the customer requirements by offering single source for wide choice of cutting tools from established and reputed manufacturers, resulting in a significant lower cost per component (CPC).

ToolKart promotes Make in India concept by offering tools manufactured in India by established manufacturers & MNCs. This helps in avoiding low end Chinese products. It offers online tool recommendation for different machining tasks, that increases machining efficiencies. This will also minimise the need for physical contact with tool suppliers and hence very ideal for the current pandemic situation. It helps in selection of the right tools by comparing cycle time, CPC & tool life.

MSMEs are considered the backbone to India’s economic growth. On the other side, the industrial MSME buyers of cutting tools have a narrow choice, and buy tools conventionally through retailers/dealers. Today the market is flooded with low end Chinese products which are sold on a low-price basis. MSMEs usually get minimal technical support / guidance, and end up using these low performance tools - bringing down their operational efficiencies to a large extent.

“Toolkart’s vision is to empower the MSMEs to attain better productivity, by providing them with the right technical support on selecting the right tools that are made in India, and help them to use it in an efficient manner,” said Ravishankar, Co-founder of ToolKart. Well networked within the industry for 36 years, Ravishankar has been in leadership roles at Widia (Kennametal), KOMET, Walter, Mazak and DMG Mori. 

Vijay Shankar, Co-founder of ToolKart, added, “Over the last 15 years, India has seen E-commerce grow in leaps and bounds. Beyond B2C, today we see a huge presence of B2B E-commerce and marketplace players. Industrial buyers are increasingly procuring materials online, and this trend will result in B2B Ecommerce growing to twice or more the size of B2C Ecommerce in India. ToolKart will be highly beneficial to the manufacturing sector, by its virtue of being an application-oriented speciality marketplace, as opposed to just being a commodity marketplace.”

Related Stories

Machine Tools & Accessories
Dormer Pramet appoints Shib Banerjee as global head of sustainability

Dormer Pramet appoints Shib Banerjee as global head of sustainability

In this new role, Banerjee will collaborate with cross-functional teams to implement sustainable practices and QEHS initiatives into business operations, products, and services to inspire the busine..

Read more
Machine Tools & Accessories

"Dormer Pramet has ambitious growth plans in Asia, with a focus on India"

In this interview with Rakesh Rao, Amit Raina, Country Manager for India, Dormer Pramet (a leading global supplier of metal cutting tools and related services), shares his views on the industry tren..

Read more
Machine Tools & Accessories
Boehlerit: Know-how in cutting of tubes

Boehlerit: Know-how in cutting of tubes

In order to cover the different machining steps, Boehlerit has, over the decades, as the industry’s leading tool supplier, created the market’s most comprehensive product range, now also includi..

Read more

Related Products

Sheet Metal Cutter

Cutting Tools & Accessories

Fein Power Tools India is offering Fein sheet metal cutter.

Read more

Request a Quote

Air Plasma Cutting Machines

Cutting Tools & Accessories

Indus Arc Power offers inverter air plasma cutting machines. 

Read more

Request a Quote

Cutter Spreader – Ecs Series

Cutting Tools & Accessories

Enerpac offers a wide range of cutter spreader – ECS Series. Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016