Plastic molded parts are high in demand in various industries due to their high durability, material stability, cost-effectiveness. The global plastic molding market has been on the rise for quite a long time due to the growing demand for plastic components as well as spare parts from various sectors, such as home appliances, electricals, automotive, medical devices, construction, transport, food & beverages, and much more.
India is one of the largest exporters of molded plastic products in the world. While the usage of molded bioplastic has been largely encouraged, the overall sector is expected to have rapid growth in the next five years owing to an optimized production process.
Started by Mr. V. Sudarshan in 1990, Spectrum Tool Engineers pvt Ltd is one of the leading design & manufacturing companies. With Specialization in various sectors, such as design, mold making, injection molded plastic part production, sub-assemblies, mechanical parts production, and complete product development, the firm has been providing end-toend tooling solutions for a diverse range of Industries such as Telecom, Electrical, Automotive, Electronics, Health Care, LED Lighting, Gaming industry, and so on. The company is largely into the engineering polymers molding and has specialized on for over 3 decades.
Spectrum Tool Engineers has always given maximum priority to customer needs. Keeping its customer requirements in mind, the firm has ventured into different product manufacturing portfolios, such as subassemblies and mechanical parts. The firm prefers to position itself as a one stop solution and supply provider for all kinds of product needs of its clients. Starting from the design stage to the in-house facility for dies and molding manufacturing, the firm has a huge infrastructure consisting of injection molding stampings, die castings, sub-assemblies, special purpose machines, and so on.
A huge team of around 500 employees work at the firm across various verticals and departments, which helps the firm become more dynamic in providing customized solutions based on client requirements. To provide high-quality industry standard products to its clients, the firm regularly provides in-house training to its employees on various factors, such as quality, processes, customer requirements, and so on.
A first-generation entrepreneur and technocrat, Mr. Sudarshan specializes in Die &Mould making with almost 32 years of overall experience in the sector. Starting in 1990. Mr. Sudarshan was the only person to work at the firm for the first one and half years. In the last 32 years, considered one of the most exciting journeys by him with full of experiences, challenges as well as ups and downs, the firm has seen significant growth with the present employee strength being around 500. The firm has plans to have an employee strength of more than 1000 people in the next two to three years.
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The firm also has product export as one of its key verticals and also has been awarded last year by the export promotion council. The firm has plans to grow further in the export vertical in the coming years. “In terms of challenges that we have come across in the last 32 years, it's unbelievable. No university in the world can teach you these kinds of lessons.
This is a wonderful experience, a wonderful journey full of ups and downs. It is not only the technical challenges. In a country like ours, we have a lot of financial challenges and it was never easy to come out of those. In the last 10 years, we have become more stable and look great right now and are all set to grow bigger in the coming years.”, adds Mr. Sudarshan.
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