Page 39 - MMI- Aug2022

Source: Honor Seiki Co, Ltd Source: Shieh Yih Machinery Industry Co, Ltd (SEYI) Source: Yeong Chin Machinery Industries Co, Ltd (YCM)

“As long as customers provide “The Indian EV industry is “By adding value through
workpiece drawings and the picking up pace with new advanced applications and
volume of mass production, manufacturing hubs from FDI intelligent solutions, we can offer
Honor Seiki prides itself on and improvement in charging total and customized solutions to
providing maximum customer infrastructure. A vast domestic end-users based on their
satisfaction from planning, market is targeted by many auto requirements through research
design, manufacturing process OEMs. For equipment suppliers and planning from customer
analysis, cycle time, jig, fixture like SEYI, we will definitely pay situations. As companies are
design, tool configuration, and close attention to the moving towards upscale
turn-key engineering to product opportunities in the Indian auto production, one of the challenges Honor Seiki
completion. This ability will market in the next few years.” ahead will be increasing is repre-
certainly help us to reach the productivity with limited sented in
major players in the Indian Steven Lee resources, especially skilled labor.” India by
Vice President – Sales
Automotive market.” Shieh Yih Machinery Industry Co, Hank Wu Intelmac
Joseph Chen Ltd (SEYI) Sales Engineer Machine
Vice President Yeong Chin Machinery Industries Tools Pvt Ltd
Honor Seiki Co, Ltd Co, Ltd (YCM) and Phillips
Machine
Tools India
“We are proud to say we are network presence in ad- es, and other fields. Moreover, Pvt Ltd, and
ready,” he adds, talking about vanced countries such as the company is being acknowl- its custom-
the prospects in the Indian Germany, France, Italy, US, edged by an increasing number ers include
auto market, particularly in the UK, and Czech Republic. of OEMs and Tier 1 and Tier 2 AMTEK,
Rothe Erde
Electric Vehicle (EV) segment. China, Russia, Central and auto suppliers. India, and
“The EV market is a booming South America, India, and the Timken
market. Lightweight workpiec- Asia-Pacific region are now its Staying afloat Engineering
es and new materials are Honor priority markets. Some of its Steven Lee, Vice President – Research
capabilities that can help cus- major international customers Sales, SEYI, states that the im- India.
tomers speed up their produc- include Metso, Thyssenkrupp, pact of COVID-19 beginning
tion and improve cycle time for and Winhere. in 2020, resulting in lower de-
better performance.” Intelmac Machine Tools Pvt Ltd mand, supply chain disruption,
The company is a part of TTG and Phillips Machine Tools In- and factory shutdowns in the
Group and has extensive expe- dia Pvt Ltd represent the com- Auto industry, has drastical-
rience in the Automotive in- pany in India, and its customers ly reduced demand for metal
dustry. Elaborating on its offer- include AMTEK, Rothe Erde stamping in the industry.
ings, Chen says, “Through TTG India, and Timken Engineering “Luckily, the stamping market
Group, we provide comprehen- Research India. still has some other applica-
sive total solutions for the Au- tions to support its foundation
tomotive industry. For example, Shieh Yih Machinery and will not shrink too much.
Alloy Wheels systems-Tongtai, Industry Co, Ltd (SEYI) Consumer electronics, home
Braking systems-Honor, Bat- SEYI is a global leader in mid- appliances, cloud computing,
tery Pocket-PCI/ANGER, and dle and large servo presses with and healthcare industries may
Mold of bumpers/Large auto- over 60 years of experience. Au- help to sustain the market,”
motive components-APEC.” tomobile applications account adds Lee.
for more than half of total sales
Global and Indian footprint revenue, followed by consumer Expanding reach
It has a worldwide sales electronics, household applianc- The company exports mid-and

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