In tool control

Not long ago, most machine tool companies in India preferred importing high-speed computer numeric control (CNC) machines — CNC machines are used to manufacture auto tools and other spare parts for industrial sectors — from European nations. Until, a small Rajkot-based company decided to turn the industry on its head.

In 2001, Jyoti CNC launched an indigenously developed high-speed CNC machine with dynamic efficiency levels at half the cost of imported European machines. Soon, Indian machine tool makers, already in the midst of an industrial boom, were lapping up these machines.

In six years, Jyoti CNC has managed to have Kadvani Forging, CIM Tools, VCube Forge, MacPower CNC, Shanti Machine Tools, and several avionics tool companies on its list of clients. The company’s revenues soared from Rs 6 crore in 2001 to Rs 120 (as on March 31, 2006) and it is expected to touch Rs 200 crore this fiscal.

Two decades ago, the company’s CEO, Parakramsinh Jadeja started a small business with a paltry Rs 100. Then 19, Jadeja, rented a lathe machine to carry out job-works for local auto component makers — Rajkot is a hub for precision engineering and auto components manufacturing. Having studied till higher secondary, he knew little about machines or technology but always believed he could make a difference.

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