Here's what is holding back the application, adoption of 3D printing in India

New Delhi: Early this month, a sculpture called 'Jhada' was installed at the Chhatrapati Shivaji International Airport in Mumbai. So what, you may rightly ask? Well! The eight-feet high and six-feet wide structure was created using 3D printing technology by London-based studio Fractal Works.

Similarly, Jaipur Watch Company has added a new collection of stainless steel watches that were 3D printed. While 3D printing has seen a lot of hype around it, the adoption has been limited to a few markets in North America and Europe.

In India, the adoption has been largely scattered. "Industry analysis from the Wohlers Report, published in 2018, shows that India accounts for roughly 3% of total units installed across the Asia Pacific region when China hits 35% and Japan 30+%," says Rajiv Bajaj, managing director, Stratasys India. However, according to 6Wresearch, 3D printer market in India is projected to cross $79 million by 2021.

Bajaj believes the Indian market is at the edge of advancing its adoption and application to a level that is similar to the few leading countries though the customer mix may be different for each country.

Media Courtesy : Live Mint