Small and medium enterprises (SMEs) form the backbone of the Indian manufacturing industry. They contribute 38 percent to the nation’s GDP, 37 percent to its manufacturing output and 40 percent to its exports. Moreover, the segment is always buzzing with innovations. Companies are constantly transforming themselves and reinventing business models to stay one step ahead.
As the demand for high-tech and efficient machines in the industry rises, digitalisation of the production process becomes the key to higher productivity, flexibility, and efficiency, as well as simple operability and the possibility of permanent optimisation. While traditional manufacturers use various tools for milling, turning,

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