Swedish metal cutting tools maker Sandvik Coromant aims to accelerate the pace of growth at its India operations so as to place the country among its top five global markets, a senior company official said.
“India is an important market for Sandvik Coromant and is among top 10 markets globally,” said Javier Guerra, president, Sandvik Coromant India.
Aims for top-5 slot
“In the coming years, we [want] India to be among the top five markets for us after USA, China, Germany and Italy,” he said.
“Last year, we grew in single digits and this year onwards we aim to grow in double digits. My focus will lie on securing the continuity of Sandvik Coromant’s success and strengthening our role as market leader in India,” said Mr. Guerra, who recently took the helm at the India unit.
The firm, a part of the industrial engineering group Sandvik, has opened a centre in Pune for productivity, application and research in manufacturing and machining. The centre is among the firm’s five global centres including in the U.S., China, Mexico and Sweden.
‘Cutting edge research’
“In our endeavour to offer cutting edge solutions and expertise to customers, we now have a world class Sandvik Coromant Centre in Pune,” said Mr. Guerra.
“The facility will be of great service to anyone who is interested in productivity gains, cutting edge research and the future of global manufacturing,” he added.