CERATIZIT, a high-technology engineering group specialising in cutting tools and hard material solutions showcased their comprehensive range of products and solutions at IMTEX 2023 held at the Bengaluru International Exhibition Centre.
The CERATIZIT stall was inaugurated by Peggy Frantzen, Ambassador of the Grand Duchy of Luxembourg; accompanied by Thierry Wolter, Member of Executive Board of CERATIZIT Group, Uwe Schleinkofer, Director of R&D at CERATIZIT Group and Anil Kumar, Managing Director, CERATIZIT India.
The company’s participation at IMTEX 2023 focused on broad topics including Sustainability (Tooling a Sustainable Future), Automotive Solutions, Digitalisation, and Industry 4.0 solutions, all of which were presented at the CERATIZIT stall.
While the focus on fulfilling the requirements of clients within India is being addressed, CERATIZIT in India is also gearing towards fulfilling the requirements for clients across the globe.
“We have an aggressive investment plan for expansion and over the past year have continued to make total investments of over 100Cr in India for upgradation and expansion” said Kumar.
“Internationalisation is an important topic for us on various levels. In Europe, we already have a very strong position as a supplier today. And although we are very well positioned in India, for example, Asia and America still offer a lot of growth potential for the coming years. We are already the world's No. 4 carbide manufacturer and within striking distance of No. 3. But in order to conquer this position in the coming years, we have to grow disproportionately in Asia and America. To a certain extent, of course, organically. But if the general conditions are right, I can also imagine one or two acquisitions“, Wolter further added.