The government aims to capture five per cent of the global market share in additive manufacturing or 3D printing with expectations to add nearly USD 2-3 billion to the GDP in the next 2-3 years, Union Minister Ashwini Vaishnaw said Thursday. Under the National Strategy on Additive Manufacturing, the government plans to create 50 India-specific technologies for material, machine, process and software to make India a 3D-printed design and manufacturing hub. "The value of precision electronics is high. It is estimated to contribute USD 2-3 billion in GDP coming 2-3 years," Communications and Electronics & Information Technology Ashwini Vaishnaw said while announcing the strategy. The strategy aims to create 100 new start-up, 500 additive manufacturing products and 50 Indian additive manufacturing technologies on material, machine, process and software. "We have taken some clearly defined goals in this strategy. We are targeting 50 new India-specific technology, 100 new start-up, 10 ..
The assessment was made against design data development and control, additive manufacturing process and build control, and reception, storage and handling of feedstock, for Wipro 3D's Bengaluru unit
Two companies aim to strengthen and expand the benefits of 3D printing in manufacturing value chain in sectors such as aerospace, automotive and tooling