Reflecting the growing interest in MIM in India, a new consultancy, LechTech Materials Pvt. Ltd (LechTech), has been formed. LechTech’s Dr. Ravi Bollina told PIM International that his team offers in-depth technical know-how, financial knowledge and turnkey solutions for the complete range of PM industries, including MIM.
Bollina stated that current projects include setting up a MIM line and a recycling unit as well as business consulting for Mergers and Acquisitions and JV partners. “The MIM industry in India is nascent, except for the global giant Indo-US MIM. In comparison to China with 130 MIM plants, India has maybe one or two small ones, and now the industry is realising the potential of MIM there is more interest. In 2013, there will be two more MIM companies starting up in India. We see a growth in the number of companies coming up each year with specialised products for all industrial markets.”