V - The magazine of the VOLLMER Group - 2019

IM says Vikas Tiwari, CEO of Basco Tool Industries. “Our vision is to not only increase the quality of products and services, but also to grow more as a company – in concrete terms, we want to be producing 10,000 saw blades per month in a few years' time.” More than 25 varieties of circular saw Basco Tool Industries' ambitious goals reflect the situation in the Indian economy. For two decades, the real gross domestic product, GDP, has been growing at more than 7% per year. Five years ago, under Prime Minister Narendra Modi, the Indian government launched the “Make in India” economic initiative. Its goal is to support Indian companies with producing their products in their own country. Basco Tool Industries develops circular saw blades with tungsten carbide-coated saw teeth for these Indian manufacturers. The tool manufacturer produces more than 25 varieties of bespoke circular saws, which are particularly suited to precisely cutting plywood, solid wood, wood composites, plastics and aluminium. At home in the boom town of Faridabad Founded in 1999 as Tiwary Tools, the company was renamed Basco Tools Industries in 2010 and is now one of the many drivers powering India's economic upturn. This is taking place in a country which is the world's largest democracy, home to more than 1.3 billion people. Twenty of those work for Basco Tool Industries in Faridabad, a town of millions in the state of Haryana. It's one of India's boom towns and is only a few kilometres south of the capital New Delhi – a suburb of it really – and yet is similar in size and population to the German city Hamburg. Good contact with Germany In the Basco Tool Industries' neighbourhood, the economic pulse is strong, whether it's small workshops, medium-sized factories or large manufacturers. Many global companies have regional subsidiaries in Faridabad and German companies have their Indian bases here too, like the agricultural machinery manufacturer Claas or technol- ogy firm Voith. “The connections between Faridabad and Germany have been successful and strong for decades. For that reason, it was clear to us from the start that we too could rely on German quality for our machines," says Vikas Tiwari. “Our first VOLLMER sharpening machine arrived from Biberach back in 2003. Now there are seven We are currently manufacturing around 3000 carbide-tipped circular saw blades per month for companies in the wood and metal industries," „