Silmax S.p.A, a manufacturer of precision milling and drilling tools headquartered in Italy, has opened a new cutting-tool manufacturing facility in Devanahalli, Bengaluru as part of its expansion strategy to increase capacity and support demand from India’s aerospace and engineering sectors. The plant spans 10,000 sq ft, of which 5,000 sq ft is currently operational, and is designed to produce between 4,000 and 5,000 cutting tools each month.
Dario Maria Fumagalli, President and Chief Executive Officer of Silmax, said the new unit will help address demand for shorter turnaround times and consistent tool performance. “Indian manufacturers are asking for shorter lead times and tool life they can trust. With Devanahalli online, we cut response cycles, customise faster, and keep critical tooling closer to the shop floor,” said Fumagalli. He noted that India’s growing focus on aerospace and advanced manufacturing aligns with the company’s product competencies.
The facility is intended to improve response times for customers in India and the Asia-Pacific region by bringing production closer to end users and enabling faster customisation. The company aims to strengthen its cutting-tool portfolio through this localised manufacturing capability. The company has installed an OTEC SF Series surface finishing machine to support precision finishing requirements.
Silmax currently employs 25 personnel in India and plans to add 50 more over the next three years. The company will also introduce a skill-development programme for engineering graduates in 2026. “The most valuable asset this facility will build is talent. From 2026, our training programme will develop young engineers into high-precision toolmakers. Our vision is long-term. We are investing in people who will shape the future of machining in India,” said Francis Kumar, Chief Executive Officer of Silmax India.
Founded in 1819 in Italy, Silmax operates manufacturing facilities in Italy, Switzerland, China and India, producing more than two million cutting tools annually, including micro tools and custom solutions, backed by in-house grinding, coating and surface-treatment capabilities.
In May 2024, Silmax entered into a strategic transaction in which the Germany-based Rüggeberg Group, owner of the PFERD brand, acquired a majority stake in the company. Under the agreement, Silmax retains its organisational identity, with Dario Fumagalli continuing as Managing Director and shareholder. The two family-run businesses said the combination brings complementary product lines, similar customer structures and a shared focus on high-quality tooling solutions, forming the basis for joint growth and operational synergies.
