Kennametal India unveils new facility in Bengaluru campus; Stock down 1.5%

17 Nov 2022 , 09:21 AM

Kennametal India Limited (KIL), a subsidiary of Kennametal Inc. and an industrial technology leader, has announced the launch of its new Metal Cutting inserts manufacturing facility on its Bengaluru, India campus.

This state-of-the art facility, which was part of Kennametal Inc.’s global modernization program, will support growing demand for Kennametal and WIDIA brand inserts from customers across India and beyond.

“Modernization at its core is about bringing value to our customers, and that’s exactly what we are doing with our new inserts facility in Bengaluru,” said Chowbey. “Through expanded capacity, advanced equipment, and a highly skilled and talented workforce, we will bring improved quality, product performance, innovation and delivery to our customers, so they can build better every day.”

Customers around the world rely on Kennametal and WIDIA brand inserts for performance and value to help them build everything from automobiles and aircraft to medical devices and power generation technology.

The new facility consolidates inserts manufacturing operations previously housed in multiple production units within the Bengaluru plant and incorporates intelligent manufacturing systems for improved quality, consistency and lead times–while also expanding Kennametal’s capabilities and capacity to support growing demand from the Asia Pacific market. The Company has also invested in training the workforce with the specific skillsets needed to leverage these advanced technologies to their fullest.

In addition to inserts, the Bengaluru plant manufactures other Kennametal and WIDIA brand Metal Cutting solutions, including milling, turning, hole-making, threading, and tooling systems–as well as special purpose machines, fixtures and tooling solutions through the WIDMA brand.

At around 9:18 AM, Kennametal India Ltd is currently trading at Rs2,755 per share down by Rs42.9 or 1.53% from its previous closing of Rs2,797.90 per share on the BSE.

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