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Home arrow News arrow Business News arrow DMG Mori Seiki Technology Centre inaugurated in Bangalore
DMG Mori Seiki Technology Centre inaugurated in Bangalore Print E-mail
Written by Arjun   
Thursday, 19 May 2011
Bangalore: DMG Mori Seiki India Pvt. Ltd, a 51:49 joint venture between DMG of Germany and Mori Seiki of Japan, opened their largest technology centre in Asia in Bangalore. Built at a cost of 8 million Euro and spread across an area of 8000 Sq.Mts. the technology centre has a show room where 20 different CNC machines are displayed.

The technology center also accommodates a bonded warehouse for spares, customer training rooms, factory refurbished machines display area, customer support hot line etc.

DMG Mori Seiki is targeting a turnover of 60 million Euro from India in 2011 with sales of 424 machines - 100 machines from Mori Seiki and 324 from DMG.

DMG recorded a turnover of 30 million Euro from India in 2009 by selling 190 machines. In 2010 DMG Mori Seiki achieved a turn over of 45 million Euro, with sales of 287 machines of which 67 were from Mori Seiki.

"Our target is to achieve a turnover of 100 million Euro in India by the year 2013. On achieving 100 million Euro turnover in India we will set up our production facility in India. The preferred location for the proposed production facility is Bangalore" said Dr. Masahiko Mori, President, Mori Seiki.

DMG and Mori Seiki combined their activities in India on 1st April 2010 and formed the Joint Venture Company DMG Mori Seiki India Pvt. Ltd with DMG holding 51% shares and Mori Seiki holding 49%. In India, the company currently employs 101 people.

"We are learning a lot from each other. Together we make more than 10,000 machines a year and it gives us tremendous purchasing power to buy bearings, CNC systems, castings etc at very competitive prices and help us to very aggressively price our products. We are the strongest machine tool player in the world today," said Dr.Thorsten Schmidt, Member of the Board, Gildemeister, about the association of DMG and Mori Seiki.

"Globally the sectors that are driving the growth of DMG Mori Seiki are Machine Tool production, Aerospace, Energy, Medical, Automobiles, Die & Mould, Precision Engineering and Job shops," he added.

Both DMG and Mori Seiki export nearly 70% of their production to 35 countries. DMG offers 120 different models of machines and Mori Seiki offers 40 different models of machines worldwide and all these machines are offered in India. The DMG Mori Seiki team in India services and supports the entire product range of DMG and Mori Seiki from the new tech centre.

"The establishment of the tech centre in Bangalore eliminates the necessity to send components to Germany or Japan for job trials, thus saving considerable amount of time and money. We train customers in application, machine operation and maintenance in our tech centre. Different training modules are available for customers and prospects," said R.Sridhar, Managing Director, DMG Mori Seiki India.

"A bonded warehouse is established in the tech centre to stock critical spares of the machines. This would reduce the service delays and down time of machines. The warehouse currently stocks spares worth Rs.3.5 Crores and it would be enhanced to Rs.13 Crores by the end of the year" he added.

Sourcing

DMG sourced parts worth 1.872 million Euro and 3.224 million Euro from India in the years 2009 and 2010 respectively. The targets for sourcing from India in the year 2011 is 7 Million Euro and in 2012 it is 10 million Euro. The parts that are currently sourced from India include ATCs, Turrets, Castings, small machined castings and internal and external guarding covers.

R&D

DMG and Mori Seiki invest approximately 50 million Euro each in R&D every year. Both companies invested nearly 50 million Euro, even during the economic downturn.

Speaking about latest developments in R&D Dr. Masahiko Mori said that 5 axis turn-mill centres and laser in-process gauging were some of the new developments.

 
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