Trishul Machine Tools Pvt Ltd, the manufacturer of polygon turning machine, will be displaying its innovative range at IMTEX 2023. In this interview, C S Shiva Shankaraiah, Managing Director, Trishul Machine Tools, sheds more light on the performance of the industry and key demand drivers.

How is your company catering to the needs of the manufacturing sector?
Trishul Machine Tools is a leading manufacturer of polygon turning machine, which is a secondary operation machine. The tier 1 and tier 2 supplier of components are serviced by the company.

What is driving the demand for your products/solutions & services? What are the USPs of your company?
The company provides polygon turning solutions for the manufacture of components, in 2 axis and 5 axis variants. The China Plus One policy is driving the demand for our products. Along with the machine, the company provides a comprehensive manufacturing solution for the customers. The customers have no time and resources for formulating a solution and they largely depend on us for the solution. We are happy to provide and meet all their needs. We ensure service and application support is provided in the shortest possible time all over the country, probably this is our USP.

What kind of opportunities are you looking to tap in the machine tools industry?
We are upbeat on the prospects of machine tools industry in the country. With the aerospace industry gathering momentum and the China Plus One policy picking up pace, we look forward to a reasonably good growth in the coming years. We are fully prepared and equipped to meet these demands and growth.

What are the growth prospects in automotive industry, especially when electric vehicles are gaining traction?
We are seeing a major growth in the automotive and auto components industry in the country. The auto parts industry in specific is expected to grow much faster owing to the China Plus One policy adopted by the companies in the West. This apart, the aerospace industry is poised for a good growth owing to India’s Atmanirbhar policy, we expect a reasonable demand from this sector. The electric vehicles (EVs) are yet to attain a significant volume. They are growing at pace much slower than the expected rate. Electric vehicles will eventually be a significant portion of the personal mobility. It looks they may not fully replace the IC engines in the next five years. We have started catering to the EV manufacturers. The number of machines supplied is not much as of now. We hope to increase our supplies as the production of these vehicles increases.

Which other end-user industries are you looking to tap for future business growth?
We will be concentrating on the oil & gas industry for our growth. We are already serving this industry and we will allocate more resources for this in the future. With digitalization/automation becoming a buzz word across the industries today, how is your company planning to tap this trend? Trishul Machine Tools is in sync with the industry demands and requirements. We provide automation solutions to few customers and, going forward, we plan to offer the IoT (Internet of Things) and Industry 4.0 features on our machines. We expect the demand for automation to go up in the future and we are equipped for this.

What will be the focus of your company at IMTEX 2023?
Trishul Machine Tools will be displaying our latest products in the IMTEX 2023. As it is happening after a long time (last IMTEX was held in January 2019), we are excited about the show and we expect good footfall this year. We recommend all the visitors to plan their visits in advance and plan to depute your young engineers for the show. There is lot of things happening around.

What are your growth plans in the coming years?
We expect to be a Rs 50-crore company in the next 5 years.