The cutting tool industry has naturally responded to 'Made in India' and 'Aatma Nirbhar Bharat' India's calls to support homegrown businesses and national self-reliance. Because of the demand, the cutting tool industry is about to benefit from the rise of domestic business. Besides, global manufacturing companies prefer to outsource to India because of its low costs, good investment conditions, and better engineering skills, which have opened up opportunities for the metal-cutting Industry in the Indian market. As per the IMARC reports, India's machine tool market will be worth $2.5 billion by 2028, with a CAGR of 9.4 percent from 2023 to 2029. To offer appropriate cutting tools and optimal machining parameters, KGM Corporation was started in Rajkot, Gujarat, in 2006 as an authorized distributor of cutting tools, consumables, and capital products for the manufacturing industry.
Niranjan Harchandrai
Owner, Harchandrai Sons
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Kamlesh Chhatrala
CEO, KGM Corporation
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Jatin Shah
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