FACTEQ 2024: A FACTORY REVOLUTION

Organized by Indian Machine Tool Manufacturers’ Association (IMTMA), the one-of-a-kind factory equipment expo FACTEQ 2024 is poised to push boundaries and revolutionize factory operations. Co-located with Pune Machine Tool Expo (PMTX), the event is scheduled from May 23-26, 2024, at Pune International Exhibition and Convention Centre, in Moshi, Pune.

With enhancing productivity and efficiency as the key goal, this future-forward expo will witness several industry leaders gathering to explore the latest advancements poised to transform the industry. The event will focus on supporting the factories of tomorrow in construction, maintenance, and modernization plans by showcasing an array of solutions for improving technology and factory environments.

Boosting demand and efficiency

The necessity of integrating advanced technology to boost plant and factory efficiency is the event’s overarching vision. It emphasizes the use of cutting-edge technology to achieve energy efficiency and encourage localized manufacturing processes. This, in turn, will reduce the reliance on imports and promote domestic machine tools and factory equipment, while ensuring a sustainable future.

Additionally, India has taken the front seat as a global hub in achieving a sustainable and resilient Manufacturing sector. With a favorable business climate, extensive infrastructural development, and government initiatives like production-linked incentives (PLI), the country has drawn in significant foreign investments and the entry of large firms into the sector. The expo will feature how the country’s Manufacturing industry is in sync with global trends and transforming to meet future demands.

Delivering solutions down to the T

Exhibitors will showcase a variety of products and services to raise operational standards, commission higher-efficiency factories, and promote sustainability within the Manufacturing sector.

“Energy-saving products, logistics equipment, maintenance products, safety products, and various other solutions for factories will be showcased in this co-located event,” shares Jibak Dasgupta, Director General & CEO, IMTMA and Bengaluru International Exhibition Centre (BIEC). Also displayed at the event are air and water systems, security solutions, sustainable technologies, factory furniture, electrical lighting solutions, information systems, and hardware.

Additionally, Rajendra Rajamane, President, IMTMA, states, “The event will also have its focus on metrology equipment.”

Cable drag chain systems

Tsubaki Kabelschlepp GmbH is a company known for inventing cable carriers or cable drag chain systems in 1954. With seven decades of expertise in designing, manufacturing, and applying these systems, the company is at the forefront with 13 subsidiary companies and 40 representations around the globe.

According to PS Ganesan, General Manager, Kabelschlepp India Pvt Ltd, “We have been a regular participant and patron of IMTEX for the last 15 years and, we have done several exhibitions under the IMTMA banner.”

He further outlines the benefits of participating in the event, “We are looking to tap industries in manufacturing such as the original equipment manufacturers/special purpose machine manufacturers/manufacturers of cranes/manufacturers of packaging machines/electrical panels, etc.”

The exhibition will display a range of new products from the company’s cable drag chain systems lineup, including steel, plastic, and hybrid materials. Of particular interest are the drag chains designed for robots and flexible cables for drag chain applications.

IIoT solutions

With the renowned company, Wipro Linecraft AI participating in the event, visitors are bound for a treat. Attendees can immerse themselves in the company’s live demonstrations and case studies that will showcase how its Industrial Internet of Things (IIoT) solutions can be applied to the real world. The solutions will help pinpoint productivity issues, identify problematic areas, and suggest improvements based on machine data.

Jyotirmoy Ray, Marketing Head, Wipro Linecraft AI, states, “We also have a plug-and-play solution for manufacturing businesses starting their digitization journey. It gives instant access to the state of the entire enterprise at one glance. Features like Part Tracing and Condition Monitoring (Alerts) are also available off the shelf.”

The innovation and unique selling point (USP) of the products lie in their optimization opportunities that are often overlooked by human observation. Powered by AI, it eliminates guesswork by outlining critical machines on manufacturing lines for targeted process optimization.

Ray outlines reasons the company has secured global trust, “We collect data directly from the machines without any manual intervention. There are no changes in PLCs and no pauses in production. Our partnership with industry-preferred PLCs including Allen Bradley, Siemens, Mitsubishi, and ABB, coupled with AI-driven recommendations, enable highly targeted productivity improvement efforts.”

A global platform

As the country’s Manufacturing industry targets a US$ 1 trillion contribution to the economy by 2030, the growth will boost the demand for new factories and upgrades to existing facilities.

The expo expects increased investments in sectors like Energy Storage, Green Technology, Biotechnology, Semiconductor Manufacturing, and more. These investments will aid the establishment of new factories by international firms, therefore, strengthening the country’s growth trajectory and export goals.

With a massive industry impact expected, the event will witness an extensive visitor profile including chief executives, factory owners, government officials, quality assurance heads, service engineers, and other key roles within the Manufacturing sector. This diverse mix reflects the industry’s interest in sustainable and pioneering solutions that will be showcased at the expo.

The future starts here

The event is expected to change the course of the Manufacturing industry by offering valuable networking opportunities and the latest insights into the sector. The event promises to dissect the endless opportunities and avenues for innovation in Aerospace, Automobiles, Defence, Pharma, and other sectors.   

Nityasree Kumaraswamy Staff writer nityasree@magicwandmedia.in

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