Page 41 - MMI_MarApr 2021 (high-singles)
P. 41

SME

                                                                                          Source: U-Tech Group

Aerial view of        UNITING FOR SUCCESS
U-Tech Group's
Assembly Line

                      U-Tech Group’s meteoric rise to success is a culmination of focus, determination,
                      and a constant strive towards it. Its separate business units for sales and
                      manufacturing are independent entities that work in synergy for the group to
                      achieve its future goals.

                      T  his was in the late 90s        tool products to India.           Overtime, the company real-
                         when the Indian econ-          “All components that go into      ized that imported products
                         omy was booming, and           machine tools like ATCs, Pallet   were expensive as compared to
                                                        Changers, Spindles, Rotary Ta-    some of the Indian makes avail-
                      Indian machine tool builders      bles, Telescopic Covers, Coolers  able then. “As a logical step,
                                                        and Chillers, Chip Conveyors,     we started manufacturing the
POONAM PEDNEKAR       were looking for quality prod-    Filtration products, etc. were    products locally. Our associates
Chief Copy Editor                                       brought by us to the Indian       in Taiwan supported us with
Magic Wand Media Inc  ucts to go into their machines.   manufacturers. The machine        the technology and supply of
poonam.pednekar@                                        tool manufacturers in India       critical parts. In a span of 4 to 5
magicwandmedia.in     As European products were ex-     helped and supported us in        years, we were manufacturing
                                                        expanding our product lines,”     most of the products, barring a
                      pensive, the less expensive Tai-  shares HA Udaya, Managing         few which were still cheaper to
                                                        Director & CEO, U-Tech Group.     import,” he adds.
                      wanese products were fast gain-

                      ing acceptance. It was during

                      this time that a chance meeting

                      with a Taiwanese company re-

                      sulted in U-Tech Associates that

                      could bring quite a few machine

www.mmindia.co.in                                                                         | 41March-April 2021
   36   37   38   39   40   41   42   43   44   45   46