Rapid globalization and the consequent transnational industrial growth across sectors is driving the need for precision components and assemblies. With these parts playing a pivotal role in designing critical components, a rising need to miniaturize these components is shaping the precision components manufacturing industry.
The need for a small footprint in objects demands a high level engineering prowess and continued improvisation of processes and systems to match industry-specific needs, which is where customers face a significant challenge as a large number of manufacturers lack such expertise.
Established in 1989, Technova Industries is an Indian-owned precision component and assemblies manufacturing company, focused on bridging the gaps by bringing extensive experience in the design, tooling and manufacturing of injection moulds, progressive press tools and plastic insert moulded components and assemblies. Catering to diverse sectors, the firm provides product customization solutions as well, demonstrating its expertise and the capabilities of its innovatory facility.
Innovation Driven Bespoke Products
Prominent for manufacturing high-quality precision plastic & metal components and assemblies for diverse industries, Technova Industries boasts an edge with multi-industry expertise.
The company offers simple and scalable solutions achieved by its focus on innovation, progress, and quality. The company brings global competence in this landscape and maintains superiority in its niche by doing things differently.
The company’s expertise extends to automotive, magnetics and telecom domains among others. Leveraging cross-industry knowledge transfer across these three fields, the firm ensures every client requirement is optimally met. The workforce and excellent infrastructure further enhance the firm’s capability in designing, developing and delivering precision products. “Our state-of-the-art facility is equipped with a highly professional workforce, modern machinery, as well as superior infrastructure which help deliver tailor-made, innovative, and cost-effective solutions for our customers at the highest quality standards that exceed their expectations within the committed timelines”, shares Vijaya Bhargava, Head (Operations), Technova Industries.
Beyond customization, the firm stands out for providing end-to-end solutions with customer engagement during the initial design phase. Engineering the designs in collaboration with the customers for better strength performance with optimized cost allows the firm to optimize component functionality and manufacturability. The firm also follows and engages in DFMAS activities before proceeding to further stages of the projects, thereby ensuring accuracy.
Technova Industries is driven by its longterm vision engrossed on agility and adaptability, with a flexible approach aligned with market changes and technological advancements
Thriving on a 4M (man, machine, material, and method) approach, the company has established QMS systems to remain at the forefront of precision plastic manufacturing. It adheres to certifications like UL, ISO, IATF, MACE and others, and uses the latest CAE tools to manufacture better parts. “Our Managing Partner, P. Manjunath, always imposes the mantra ‘produce more with less energy factor’ compared to our own customers and competitors. This means that we always plan and execute more parts per time. This is what our culture at Technova Industries is, and this is what sets us apart”, adds Vijaya.
Expanding Ahead
Technova Industries is driven by its long-term vision focused on agility and adaptability, with a flexible approach aligned with market changes and technological advancements. To remain competitive, it has robust plans for expanding its product portfolio, entering untapped markets, and leveraging its core competencies while addressing evolving customer needs. Talent development is another focal point for at Technova Industries, and it plans to invest in its workforce through upskilling and reskilling programs.
The company’s emphasis on portfolio diversification into adjacent markets through customization and the provision of modular solutions will fuel its growth in the coming years. Simultaneously, it will focus on creating strategic partnerships with domain experts to maintain the highest product standards. Digital transformation becoming a critical growth factor will also be leveraged to enhance the firm’s customer centric approach. Through this comprehensive plan, the firm aims to build lasting relationships with customers, addressing their evolving needs effectively.
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