“We remain significantly behind China in terms of technology adoption and other critical resources. Greater government encouragement and support are essential to elevate the industry’s capabilities and competitiveness,” says Avinash Bangera, Partner, Kut Tech Technology. This interview was taken for DMI 2026.
Key Trends, Challenges, and Growth Opportunities
The Indian die and mould industry faces considerable challenges in the current digital era, yet it remains ripe with significant opportunities. Despite technological disruptions and competitive pressures, the sector continues to show resilience and potential for innovation. By 2026, we anticipate a substantial boom driven by escalating demand for advanced precision technologies, enabling enhanced manufacturing capabilities and market expansion. This growth trajectory positions the industry for a transformative phase.
Sectors Driving Demand for Dies and Moulds
The automotive and electric vehicle (EV) sectors represent the primary drivers of demand for dies and moulds. With India’s growing population, the need for infrastructure and vehicles continues to rise steadily each day. This creates vast opportunities, particularly for new engineers seeking to build rewarding careers in the industry.
India’s Manufacturing Push Impact
India’s manufacturing initiatives like Make in India and the China+1 strategy have yet to fully benefit the die and mould sector. We remain significantly behind China in terms of technology adoption and other critical resources. Greater government encouragement and support are essential to elevate the industry’s capabilities and competitiveness.
Innovations Shaping Competitiveness
Innovations such as additive manufacturing, automation, AI, and simulations are profoundly influencing the die and mould industry’s competitiveness. Additive manufacturing enables complex geometries and rapid prototyping, while automation streamlines production workflows and reduces errors. AI supports predictive maintenance and design optimisation, and simulations enhance precision planning. Together, these technologies drive efficiency, lower costs, and enable adaptation to high-precision demands across sectors.
Role of Precision Initiatives
Initiatives in precision manufacturing and talent development are crucial for expanding the die and mould industry into new markets. Precision manufacturing enhances product quality and efficiency, enabling entry into demanding sectors like aerospace and medical devices. Talent development addresses skill gaps, fostering innovation and adaptability to meet global standards and explore emerging opportunities.
Past DMI Exhibitions Contribution
Participating in past Die and Mould India exhibitions has significantly supported growth, networking, and collaborations within the tooling ecosystem. These events facilitate connections with industry decision-makers, experts, and potential partners, expanding reach and fostering long-term relationships. They also provide platforms to showcase capabilities, gain market insights, and identify collaborative opportunities for mutual advancement.
DMI 2026 Platform Value
DMI 2026 serves as a premier platform for the die and mould industry to showcase strengths to both domestic and global customers. Held at Bombay Exhibition Centre in Mumbai from April 21-24, it attracts over 35,000 visitors and 325 exhibitors, featuring live demos, seminars, and B2B networking. This environment highlights precision technologies and fosters international partnerships, boosting visibility and business opportunities.
Products and Technologies at DMI 2026
Kut Tech Technology specialises in supplying cutting tools, which serve as a critical component across all manufacturing sectors since no industry can perform machining without them. Our products are extensively used in CNC and VMC machining applications, with examples including CNMG120408 and TNMG160408 inserts. These tools enable precise and efficient material removal, supporting high-volume production needs in the die and mould industry.
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