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For instance, the 2011 earthquake and tsunami in Japan shut down electronics factories, and 2017’s Hurricane Harvey disrupted US oil refineries and petrochemical plants, ultimately leading to shortages of some plastics and resins critical to different industries. Surveys also suggest that digitization and an embrace of Industry4.0
At present we see good demand in the fields of automation, 5-axis machines and Industry4.0 Sharad Kulkarni, Dormer Pramet India: Automotive components driven by the production of both in traditional IC engine and electric vehicles continue to lead the cutting tool demand picture in India. Industry4.0
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