Tsugami Precision Engineering India Pvt. Ltd., a subsidiary of Precision Tsugami of Japan, started its operations in 2012. The company factory set up at Oragadam near Chennai at an outlay of Rs. 50 crores mainly for assembling standard lathes, sliding head stock machines and turning centres is now fully operational.
In India, the Tsugami has a technical partnership with Proteck Machinery Pvt. Ltd., for product sales and service, with offices in Chennai, Bangalore, Hyderabad, Delhi, Pune, Rajkot and Kolkata.
Speaking about the Indian market potential and growth prospects in a casual chat with MOTORINDIA at the recent ACMEE 2014 in Chennai, Mr. Jayant Vaidyanathan, Vice President – Sales & Application, Tsugami India, referred to the keenness with which the Japanese firm has made huge investments in India. The association with Proteck Machinery is more than 10 years. By now, the partnership venture has installed over 250 machines in India.
Since procurement of parts from Japan is expensive, there are plans for indigenising production in India. If successful, the company can take advantage of the lower cost of production and supply better products and better solutions to the Indian customers.
Based in Tokyo, Tsugami, with over 60 years of experience, is a pioneer in manufacturing machines for mass production of high-precision components. Tsugami annually manufactures over 10,000 machines and for the Chinese market alone, the company produces on an average 500 machines a month.
Mr. Vaidyanathan further said that the Chennai plant is the third facility of the company, next to the ones in Japan and China. “We are planning to launch our sliding head stock machines and turret type Lathes in India. We already have a market base of 300 machines since last five years, and we are planning to increase it to 500 this year. These machines will be produced and distributed from the Oragadam plant. Major Japanese and Indian companies are already users of Tsugami products in India.. The company now aims to be the top manufacturers of machine tools in India by 2019.”