Hand tools and power tools are integral part across construction, woodworking, metalworking, engineering, fabrication, service and related verticals. Backed by the strong demand in these sectors, hand and power tools industry has witnessed unprecedented growth in India. Today global majors are making a beeline to grab the potential opportunities. Mumbai-based HEM Tools Centre represents global brands like Bosch, Taparia and SKF.
“Bosch is considered as the leader in power tools, Taparia is a major in hand tools whereas SKF is the leading innovator in the field of bearings,” Proprietor of HEM Tools Centre Hemang Shah said.
Current trendsSpeaking on the current trends in procurement in construction sector, Shah says, “Hand and power tools play critical role in construction activities. With advanced technologies coming in to action, the role of hand and power tools also diversified therefore improved drastically.” With state-of-the-art construction technologies in place, bearings are also finding their applications, he observed.
Pricing scenarioLike many other industries, the domestic hand and power tools industry is also highly impacted due to illegal dumping of products from China. Focusing on the pricing scenario for the hand tools and power tools sector, Shah points out, “Today, the domestic hand and power tools industry is facing tremendous competition from Chinese counterparts. The Indian market is flooded with products being dumped by China. However, the branded products such as SKF Bearings, Taparia and Bosch are continuing to lead because of the quality of the products.” HEM Tools Centre is the distributor for Taparia, SKF Bearings, Bosch and JK Files all over India.
Major innovationsWith change in demand pattern, hand and power tools sector is going through technological transformation. Stressing on the major innovations happening in power tools and hand tools, Shah says, “Machines used for the infrastructure purpose were heavy in weight in earlier days. Today there is an increasing demand for light weight machines. The hammers, screw drivers, are now in light weight. So the innovation happening in this area to develop lightweight machines which are user-friendly and provide ease in doing the job.”
————–Today, the domestic hand and power tools industry is facing tremendous competition from Chinese counterparts.
Hemang Shah, Proprietor, HEM Tools Centre