By APA Bureau:
The automotive industry’s transition to the BS-VI emission norms from 2020 is a big challenge for the OEMs and a great opportunity for the allied industries like the Bangalore-based Bharat Fritz Werner (BFW) which makes machine tools for several industries including automotive and aerospace.
Part of the Kothari Group, BFW gets 45-50 percent of its revenue from the automotive sector. This business is now expected to jump with the BS-VI related supplies.
In a recent media interaction, Ravi Raghavan, Managing Director, BFW, said, “We are seeing a tremendous pull of capital items across sectors such as manufacturing, automobile, infrastructure, railways and defence investments.” He said, the company had 80 per cent year-on-year growth in order book during the first half of the current fiscal and expects orders for 2,800 machines for the whole year with a projected turnover of Rs 1,000 crore.
The company is also pioneering a paradigm shift among manufacturing industries to become globally competitive with smart solutions. BFW’s new manufacturing facility in Hosur, Tamil Nadu, is touted to be the ‘Factory of the Future,’ as the plant has been developed as a futuristic manufacturing unit with digitisation and use of Artificial Intelligence (AI).
“BFW has always been a leader in introducing new technologies and taking environment-friendly initiatives. Manufacturing is a core sector that maps a country’s growth. We wish to lead the industry in raising the bar for manufacturing processes and hope that together we can enable progress in India,” he said.
The first phase of the factory, spread over 60,000 sqft, has a large number of modern machines to enable the integration of the existing foundry facility with machining capability. The second phase will cover another 60,000 sqft area. The Industry 4.0-compliant factory is fully automated and AI-enabled. The manufacturing process here is designed to take it to the next level through digitisation and superior engineering. Such processes ensure cost efficiency, increased manpower productivity and shortened manufacturing time. They are in line with the company’s endeavour to progress in every area of its operations.
Earlier in the year, the company established a 980kW solar project that generates 15 lakh units of energy, enough to meet the requirements of its Bangalore factory. This power plant will help the company offset 1,350 tonne of carbon emissions every year. Through such clean and green technologies, BFW will reduce its dependency on polluting fossil fuels and work towards becoming a non-polluting manufacturing firm.
Raghavan said the company has applied for a 20-acre plot at Tumkur, within the Karnataka Government’s 200-acre machine tool park. With all the facilities functioning, the company hopes to reach a production capacity of 10,000 machines annually in three to four years, as against the current capacity of 3,600 units. The company is also banking on its in-house developed IRIS, a smart Internet of Things (IoT) device, that offers secure, robust and cloud based infrastructure. This enables real-time monitoring of machine condition, productivity, maintenance issues, overall equipment efficiency, and power consumption.
Solutions designed and offered by BFW meet the performance, productivity and reliability expectations of its customers across segments. Over 40,000 machines are in use across the world with some of the well-known companies in manufacturing being its customers.