Machine Tool Influencers 2024
Company Profile
Company Name: Syntec Technology India Pvt. Ltd.
Year Established:2023 November 1st
Headquarters Location:Bangalore, India
Number of Employees:9
Website:www.syntecclub.com
Influencer Profile
1. Name of Influencer: Raghavendra Naik
2. Current Position – Director
3. Years of Experience in the Industry:18 Years
4. Educational Background:B.E.
Industry Insights
1. Can you describe the key trends currently shaping the machine tool industry?
This Industry need more smart manufacturing facility and advance feature. Need to replace traditional way of working in to advanced & smart working culture.
2. What innovative technologies or solutions is your company implementing to stay ahead in the market?
• Flexibility
• Smart features
• Response
• Operator acceptability features
• User friendly
•
3. How is your company addressing the challenges faced by the machine tool industry today?
As mentioned a team can bring more focused & single goal oriented. If we believe in team they can bring more innovative solutions.
Instead of thinking about solution alone bring it on discussion with team, you will be having solution in platter, pick and decide what is best.
Since there are many player, create unique feature/response/any customer friendly solutions.
4. What role does sustainability play in your manufacturing processes and strategies?
Sustainability is one key point in manufacturing process and strategy include
• Correct utilisation of employee & resource
• Nature friendly equipment usage
• SCM sustainability
• Policies & responsibilities analysis
• Employee welfare
5. Can you share a recent success story or project that highlights your company’s capabilities and impact on the industry?
• Even Syntec brand is new in Indian market, business crossed 100 sets with value of around 4 cr.
• Breakthrough of major OEMs premium machine installations.
• 5 axis breakthrough solution implemented joint-together with Major Machine tool builder.
Future Outlook
1. What do you foresee as the major developments in the machine tool industry over the next five years?
• India machine tool will be one of the Top-3 in the world.
• Currently import rate is high and export rate is low, will be reverse in next 5 years
• It will be more flexible and automated.
2. How is your company preparing for these future trends and challenges?
• Smart manufacturing facility development
• More localisation to grow employment to support Indian economy.
• One stop solution foe complete setup of machine tools.
3. What advice would you give to emerging companies in the machine tool industry?
• Employees are main asset in the organisation. If they are happy company grow faster.
• Believe in smart work rather than hard work by setting policies.
• Set policies on cashflow management for company stability health.
Personal Insights
1. What motivates you in your work within the machine tool industry?
• Challenge
• Flexibility
• Relationship
2. Who or what has been your biggest inspiration in your career?
Personally, my Mom & My wife, who always gives me strength
Officially there are many all of my customers, who gave me confidence to take the challenge in machine tools industries. They thought me how to run and what need to be done.
3. What key qualities do you believe are essential for someone to be a successful leader in this industry?
• Again believe in your team.
• Share the success with your team
• Create space to think positive for your team.
