PRECIZET MACHINE TOOLS INDUSTRIES LLP

In their own words

EXECUTIVE SUMMERY – PRECIZET MACHINE TOOLS INDUSTRIES LLP Machine Tools for Automobile Manufacturer’s  THE CORE VALUES - Our company has designed and built machine Tools and automated systems that are ready for market.  THE CORE PURPOSE - We developed strong working relationships with our customers and plan to further this area by continuing to offer customers value – added improvements and vertically – integrate the business to support these improvements.  THE VISION STATEMENT - Our company’s vision is to be successful by effectively utilizing the philosophies of high quality, advanced techniques, and customer service.  THE COMPANY – Our company PRECIZET MACHINE TOOLS INDUSTRIES LLP is - “To carry on the business of manufacturers of or vendor in industrial machinery machine tools and its allied activities of all types and to setup, establish and run a manufacturing plant including tools, die and moulds etc and other related work”. Our company has operated a manufacturing plant at Purihasa in Jamshedpur city. Our company occupies, 5000 square feet of manufacturing area, including offices for administration, engineering, and a quality assurance area.  OVERVIEW OF TECHNOLOGY AND PRODUCT- Our Company is formed to provide full -service, close – tolerance contract machining of machine and tooling components, production machining, and automation of production lines. The diverse manufacturing equipment at our facility accommodates versatility and allows the plant to operate self- sufficiently.  THE MARKET – Machine Tools Manufacturing Countries: 28 Size of Industry Worldwide: US$ 61.85 Billion (2019) Rank Position of India (1) Production: 17 (2) Consumption: 12 The U.S machine tool industry is in a period of relative stability, although industry size, employment, and revenues typically fluctuate in response to swings in the business cycle. The number of industry establishments stands at approximately 600, according to U.S Census Bureau Data. The composition of industry has changed since the beginning of the 1990’s. As result of consolidation and foreign investment. A spate of buyouts and acquisitions occurred in the early to middle 1990’s, and a number of privately – held companies become publicly owned. A wave of investment by the European automotive industry spurred similar investments by continental machine tool producers, which established U.S production facilities to supply their primary customer group. Japanese investment also picked up in the first half of the decade, driven by the strong yen. The new comers joined a contingent of Japanese machine tool manufacturers that had established U.S production facilities in the 1980’s in response to U.S import restrictions that have since been lifted. A strong commitment to expert and the sustained expansion of the U.S economy are key elements in the machine tool industry new found stability changes in the automotive sector are also important. The automotive industry is far less cyclical than it was in the past. Auto makers are undertaking more frequent and less extensive design changes and are becoming globalised, tailoring their products to individual markets. This has led to ongoing investment programs rather than concentrated purchasing cycles.  COMPETITIVE POSITION – Machine Tooling has several highly significant competitive advantages. • Engineering and Technical support service. • Automated system design and build. • Customer service and support. • Engineering and Technical skills. • Cross – Functional teams encourage creativity. • Quality systems are in place.  THE FUTURE - The increasing globalization of the automotive sector is encouraging a similar trend among machine tool suppliers. U.S machine tool companies are increasing their worldwide presence, often though joint ventures, cooperatives agreements, and strategic alliances. The countries that have attracted the largest industry investment to date are Mexico, Brazil, India and China. MACHINE TOOLS OVERVIEW:  Machine tools are used to cut and shape metals, and other materials to produce a diverse range of product, such as automotive components, industrial machinery and consumer durables.  They are used in diverse industries such as automotive, aerospace, electrical and electronics, consumer durables, healthcare, part manufacturing, and ship building. OUR PRODUCTS: 10 machined metal parts that we can be made using CNC Machining – PRODUCT TYPE (1) BALL JOINTS a. Front suspension ball joint ® bottom b. Front suspension ball joint ® upper c. BRACKETS a. Fan clutch bearing brackets d. FITTINGS a. Fit air fuel ratio sensor-upstream e. HOUSINGS a. Ignition lock housing f. ROLLERS a. Auxiliary shaft roller b. Timing belt roller c. Tensioner roller g. SHAFTS a. Steering shaft-lower b. Balance shaft tensioner c. Axle shaft-front inner d. Axle

Written by the company on its public Startup India profile. Not verified by us.