Make in India: World's largest 3d printing firm sets up shop in India
Stratasys, the world's largest 3D printing company, has set up its India operations as it looks to tap into the growing manufacturing activity in India.
The US-based company on Thursday inaugurated its first 3D Printing Experience Centre in Bengaluru, which showcases its entire range of professional 3D printers. The company has been selling its printers in India through distributors for the past 10 years. It decided to set up its direct presence in the country after seeing over 60 per cent year-on-year growth in the India business."India is already one of the fastest-growing markets for us and we expect to see over 50 per cent yearon-year growth in the country for at least the next few years," Omer Krieger, general manager, Asia Pacific and Japan, at Stratasys, told ET.
Krieger said the company will set up two more experience centres in the country this year, with $1 million worth of products on display at each. "We are seeing manufacturing companies in India using 3D printing for not just prototyping, but also for manufacturing molds and even finished parts in some cases. We hope to accelerate the market with our direct presence here," he said.
Read more at:
Make in India: World's largest 3d printing firm sets up shop in India - The Economic Times
Stratasys, the world's largest 3D printing company, has set up its India operations as it looks to tap into the growing manufacturing activity in India.
The US-based company on Thursday inaugurated its first 3D Printing Experience Centre in Bengaluru, which showcases its entire range of professional 3D printers. The company has been selling its printers in India through distributors for the past 10 years. It decided to set up its direct presence in the country after seeing over 60 per cent year-on-year growth in the India business."India is already one of the fastest-growing markets for us and we expect to see over 50 per cent yearon-year growth in the country for at least the next few years," Omer Krieger, general manager, Asia Pacific and Japan, at Stratasys, told ET.
Krieger said the company will set up two more experience centres in the country this year, with $1 million worth of products on display at each. "We are seeing manufacturing companies in India using 3D printing for not just prototyping, but also for manufacturing molds and even finished parts in some cases. We hope to accelerate the market with our direct presence here," he said.
Read more at:
Make in India: World's largest 3d printing firm sets up shop in India - The Economic Times