The Power Of I 2018

Learning Machine

This Aurangabad SME lords over machine tools

Photographs by Soumik Kar

It’s a feat that even big companies will possibly be envious of. The Kelkar family from Aurangabad has created India’s leading machine tool exporter in an industry which is import-dependent. Despite being a small enterprise, Grind Master has developed an edge in the microfinishing business thanks to its 60-member dedicated engineering team and a penchant for leveraging collaborations with global leaders. With more than 50% of its revenue coming from exports, Grind Master is now focusing on robotics and automation even as it makes inroads into the next big automotive opportunity — electric vehicles. By thwarting the Japanese and Germans in a market like China and establishing an absolute monopoly back home, Grind Master has emerged as an unlikely poster boy of Indian manufacturing.