The Precision Machined Parts market size was valued at $1.131 billion in 2024 and is projected to reach $2.158 billion by 2031, growing at a CAGR of 8.41 percent from 2024 to 2031. The shift towards electric vehicles, automation and Industry 4.0 has significantly heightened the demand for precision machined components. Clients are seeking products that not only satisfy their specific needs but also align with the constraints of precision machining capabilities, ensuring manufactur-ability and efficiency. Despite advances in technology, many manufactures in this sector still struggle with the production of complex designs that involve intricate features, resulting in prolonged lead times. IMATE Engineering has emerged as a prominent player in the field of precision machining, specializing in the production of customized, intricately machined parts and offering a range of machining services with on-time delivery.
Established in 2011 at Coimbatore, IMATE Engineering demonstrates exceptional proficiency in precision machining using CNC machines, reaching an outstanding level of accuracy and refinement. They are adept at processing a diverse array of materials, including both ferrous and non-ferrous types, with meticulous attention to detail and exacting precision. The company excels in producing components for off-road vehicles, compressors, HVAC systems, Cast-Iron, Stainless Steel and Steel Valves as well as various machinery components. “Our capability ensures that we can handle complex and demanding projects with consistent and high-quality results”, says Sathyamoorthy Kamaraj, Managing Director.
Unrivalled Quality & Reliability
The impressive growth trajectory of IMATE Engineering can be attributed to its keen insight into the nuanced needs and expectations of its clients and customers. The company’s success is a direct result of its unwavering commitment to understanding the shifting demands of the manufacturing sector and its ability to adapt to the ever-evolving technological landscape. By staying attuned to industry trends and maintaining a forward-thinking approach, the firm has solidified its position as a leader in precision machining, continually setting new standards for quality and service excellence.
IMATE Engineering’s commitment to long-term strategic alliances with esteemed suppliers significantly augments its machining capabilities, allowing the company to enhance production in response to customer demands.
By thoroughly selecting and cultivating strong relationships with a network of trusted suppliers, the enterprise ensures that it can consistently provide high-quality components with the shortest possible lead times. Their well-established network not only supports efficient production but also reinforces the company’s ability to meet varied customer needs promptly and effectively.
IMATE Engineering rigorously undertakes detailed technical assessments & inspec-tions of all products throughout the entire manufacturing process to ensure they meet the highest quality standards
Leading-Edge Equipment & Expert Personnel
IMATE Engineering is distinguished by its dedicated team of highly skilled professionals, who are supported by an array of advanced, cutting-edge equipment. The company is also backed by a stringent quality control team that rigorously oversees every stage of the manufacturing process, ensuring that every step adheres to the highest standards of excellence.
This commitment to excellence is reflected in their world-class infrastructure, which includes a sprawling 10,000 square-foot manufacturing facility. Additionally, the company maintains a substantial 3,000 square-foot storage area, ensuring ample space for efficient operations and inventory management. Their combination of human expertise and technological innovation underpins the firm’s ability to deliver exceptional products and services.
IMATE Engineering excels in quick turn precision machining, drawing on years of expertise in CNC machining. They utilize state-of-the-art infrastructure and advanced software, including CAD and CAM, to deliver high-quality results. The company has sourced premium cutting tool machines, including Mazak and Makino models from Japan, Korea and Taiwan. This strategic choice guarantees superior precision and accuracy in their operations.
Achievements & Honors
IMATE Engineering is an ISO certified company that also adheres to lean manufacturing practices. The enterprise also holds an official certification that adheres to the PED (Pressure Equipment Directive), underscoring their expertise and compliance with established regulations for pressure equipment. Last year, CNBC honored them with the title ‘Thinkers of Tomorrow’, acknowledging their outstanding contributions to sustainability, inclusivity and employee welfare within the MSME sector.
Over the years, IMATE Engineering has seen substantial growth, fuelled by the rising demand for high quality components with precise tolerances. The company’s primary emphasis is on producing parts in small to medium quantities, catering to specific volume needs with precision and expertise. They export more than 70 percent of their products internationally, with roughly 30 percent being allocated to OEMs within India.
The enterprise boasts a substantial and distinguished client base, which includes prominent industry leaders such as Hirotec India, Hubbell, Ingersoll Rand, Komatsu, Orbinox and Flowserve. This impressive roster highlights the company’s reputation and the trust placed in its services by major players in the industry.
Aspirations Ahead
The Engineering Export Promotion Council of India has consistently recognized IMATE Engineering as the premier exporter for the past six years in a row. Last year, they achieved recognition among the top 100 SMEs in India. As they look towards the future, the company is strategically positioning itself for growth by forging alliances with key players in Germany to enter the German market. The firm also aims to further broaden its existing geographical footprint across Europe and beyond, with a dedicated emphasis on becoming a leader in the precision machined components industry.
