Indian companies, including Tata Consultancy Services and Infosys, are buying cnc equipment from Indian companies for their servers.
They are also offering deals on other equipment for sale in Indian retail outlets.
Indian manufacturers have been looking for cheap cnc machine to make their systems work better.
This is why Tata Consultancies, a global IT services provider, is buying a batch of 100 of these cnc routing machines for a measly Rs 1,500.
Tata Consultants said that the machines are designed for low-cost production of CNC machines.
It is a bid to make the company more competitive in the global market for CNC machine, which is a major source of revenue for Tata Consultations.
It is also a bid by the company to keep its head above water and focus on business.
Tata said that it has bought 100 cnc router and control boards, for Rs 1.5 lakh each, from Tata Consultant Services.
This is a very low price for these boards.
The company said that Tata Consultance Services has been making it possible for Indian manufacturers to have their own cnc and router design, manufacturing and sales, supply chain and logistics solutions.
There are also some other Indian manufacturers who are offering discounts on cnc manufacturing.
This will help them to make up for lost revenue from the CNC system, Tata Consult Services said.
If the Indian manufacturers are making the most of their equipment and can afford to sell it to customers in Indian markets, then it would be a win-win situation.
Indian manufacturers will be able to increase their revenue from selling their products to customers, said Ravi Kothari, CEO, Tata IT Services.
Tata IT, which owns Infosy, said it is working to bring the number of cncs in the market to 200 million by 2020.
Tata’s move could help the company diversify its business.
India is the world’s biggest cnc manufacturer, accounting for 30% of the global supply.
It produces about 3.2 billion cnc robots a year.
Tata, Infosyp, and Infotech, a unit of Infosyn, are the major suppliers of cnscrews, the small cnc screw machines.
Infosystems, a joint venture of Infotech and Tata, supplies cnc controllers, which are used in the manufacturing of the cnc system.
Tata is looking at investing in these products to help the cn screw manufacturers in India.
For its latest earnings, Tata said it has increased the revenue from sales of cnsecs by 1.2% to Rs 3,959 crore.