6wresearch logo

Can 3D Printing Stitch A "Design In India" To "Make In India" Story?

February 12, 2018

In 2009, the Indian government unveiled a Task Force report to stimulate the growth of IT, ITES and Electronics Manufacturing industry in India. What followed is the launch of "Make in India" campaign in 2014.

While the buzz revolves around assembling, there was very little movement happened towards building competitive advantage on a global scale. Additive technology, more popular as 3D printing, may hold the success to Make in India.

3D Printing: A "Make In India" Story?

Research firm IDC has said that 3D Printing or Additive Manufacturing can be the next big thing in manufacturing technology. The IDC estimate suggests 20% of manufacturers from India will begin to evaluate Robotics/3D-Printer Hybrids for the production floor by 2021.

Many are not aware that in 2009, Imaginarium, a Mumbai-based 3D printing solutions company also started their journey to stimulate indigenous manufacturing. By the time, Make in India campaign was launched, Imaginarium already made inroads into automotive, aerospace, FMCG packaging, home appliances, medical devices and every industry that requires manufacturing.

IDC also echoed the strong potential 3D printing holds in the manufacturing space.

"Automotive sector is one of the first sectors to adopt 3D printing for prototyping. However, technology has huge scope in aerospace, architecture, defense, jewellery and medical. Still, automotive sector is expected to be leader in additive manufacturing because of its large volume and size," says Pankaj Chawla, Research Manager, Imaging, Printing & Document Solutions (IPDS), IDC

While today usage of additive manufacturing is limited to prototyping. printing service companies are coming and manufacture can outsource their additive manufacturing needs to these print service providers. By 2021, IDC expects 25% of manufacturers to adopt a 3D-Printing collaborative platform within their supply chain in order to better leverage the broader ecosystem of 3D Printing Services.

Even, a 6Wresearch prediction has indicated that India's 3D printer prototyping and materials market will hit $79 million by 2021.

Gradual Rate Of Adoption

"The higher majority of our work is in the prototyping segment where we make the first pieces and sometimes, we make end-used," says Atit Kothari, Business Development - Leadership Team at Imaginarium.

In India, adoption of additive manufacturing is slow as compared to western economies. Today manufacturing organizations and users of 3D printers are evaluating new materials to develop parts, which could replace existing parts and for customization.

Not only Imaginarium, there are other players like ALTEM Technologies, Brahma 3, think3D and many others who are gradually stitching the 3D printing story with Make in India.

Global OEMs have also identified the opportunity and introduced many high-end printers. Recently HP launched 3D printers for India, priced at Rs.2.5 crores.

With our Prime Minister, Narendra Modi dreaming of making India as a global manufacturing hub, will 3D printing ignite the idea of value creation through "Design in India".

Do you think 3D printing can create a new 'Make in India' story and stimulate the next industrial revolution in India?

Media Source : Trak.in

      Browse More Report

Middle East Structured Cabling Market (2018-2024)

Market Forecast By Product Types (Cables and Components), By Cable Types (Copper Cables and Fiber Optics), By Component Types (Racks & Cabinets, Patch Panel & Cross Connects, Communication Outlets and Patch Cords & Cable Assemblies), By Applications...

Read More

Kuwait Air Compressor Market (2018-2024)

Market Forecast By Types (Portable and Stationary), By Lubrication Method (Oil-Injected and Oil Free), By Technology (Rotary (0-75kW, 76-160kW and Above 160kW), Centrifugal (0-500kW and Above 500kW), Reciprocating (0-10kW and Above 10kW)), By Applications...

Read More

Indonesia Diesel Genset Market (2018-2024)

Market Forecast By KVA Ratings (5-75 KVA, 75.1-375 KVA, 375.1-750 KVA, 750.1-1000 KVA and Above 1000 KVA), By Verticals (Commercial, Industrial, Residential and Public Infrastructure), By Applications (Standby and Continuous/Prime), By Regions...

Read More

Malaysia UPS Systems Market (2018-2024)

Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings...

Read More

Vietnam UPS Systems Market (2018-2024)

Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings...

Read More

Global Gas Genset Market (2018-2024)

Market Forecast By KVA Ratings (Upto 100 KVA, 100.1-375 KVA, 375.1-1000 KVA and Above 1000 KVA), By Applications ((Residential, Industrial including Manufacturing and Production, Commercial (Offices, Museum, Hospitality, Retail, Education and Data Center)...

Read More

Thailand Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5kVA - 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure...

Read More

India Video Surveillance Analytics Software Market (2018-2024)

Market Forecast By Macro Applications (Traffic Surveillance, Building Surveillance, City Surveillance and Business Intelligence), By Micro Applications (Perimeter Intrusion Detection, Pattern Recognition, Counting & Crowd Management, Automatic License Plate Recognition...

Read More

India Gas Genset Market (2018-2024)

Market Forecast By Rating (Up to 100 kVA, 100.1 kVA - 375 kVA, 375.1 kVA - 1,000 kVA and Above 1,000 kVA), By Verticals (Industrial, Commercial and Residential), By Applications (Standby Power, Primary Power and Peak Shaving), By Regions...

Read More

India Air Conditioner Market (2018-2024)

Market Forecast By Types (Window AC, Split AC, Floor Standing, Cassette AC, Packaged, Ducted / Ceiling Concealed, Centralized (Chiller, VRF/VRV and AHU/FCU)), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation, Hospitality and Others...

Read More

Saudi Arabia Industrial Valves Market (2018-2024)

Market Forecast By Types (Gate, Globe, Check, Ball and Others), By Functionality (On/Off and Control), By Applications (Oil & gas, Water & Wastewater, Chemical & Petrochemical, Power & Utility, Construction and Others), By Regions (Eastern, Western, Central and Southern)...

Read More

Our Key Clients
6wreserach client list

6Wresearch Events
6wreserach events