At PRECITECH 2024, Sumit Enterprises is ready to showcase its expertise in precision engineering and solid carbide tool manufacturing. Founded in 2000, Sumit Enterprises has grown into a key player in India’s industrial landscape, supporting the Make in India initiative while delivering solutions that meet global standards. With a wide range of offerings that include cutting tools, tool holding systems, and comprehensive tooling services, the company is set to highlight its ability to cater to diverse industries such as automotive, oil and gas, and forging.
Innovating with Solid Carbide Tools
Sumit Enterprises has positioned itself as a leader in the production and refurbishment of solid carbide tools. With the launch of Prism Tools and Technologies in 2008, the company now manufactures 200-250 tools per day, in addition to refurbishing an equal number. Arun Chichiriya, CEO of Sumit Enterprises, expressed the importance of high-precision engineering to meet industry demands.
“Our strength lies in developing tools that deliver micron-level precision, ensuring that our clients can rely on consistent quality and performance,” said Mr. Chichiriya. “We are proud to offer comprehensive solutions, from tool design to quick turnarounds, tailored to our clients’ specific needs.”
Supporting Local Manufacturing with Global Standards
By manufacturing tools that were once imported, Sumit Enterprises contributes significantly to the Make in India initiative. Their expertise not only reduces costs by up to 90% for local customers but also helps boost India’s industrial capabilities. This aligns with the company’s vision to expand its manufacturing setup and meet the growing demand for high-quality, locally produced tools.
“Our dedication to the Make in India initiative is reflected in every product we deliver,” Mr. Chichiriya noted. “We are committed to providing our customers with locally manufactured tools that match international standards.”
Networking and Expanding at PRECITECH 2024
PRECITECH 2024 serves as a critical platform for Sumit Enterprises to strengthen relationships and connect with potential clients. Mr. Chichiriya emphasized the importance of networking and collaboration at the event, where they expect to attract 25-30 new customers.

“The event gives us the opportunity to engage with industry leaders and showcase our product range, from metal cutting tools to tool holding and work holding systems,” he said. “We aim to create valuable partnerships that will drive our growth and help us continue delivering top-tier solutions.”
Future Growth and Innovation
Sumit Enterprises is poised for expansion. Plans are underway to triple the size of their manufacturing facility and office space, adding new machines and engineers to increase their product offerings. With the industry growing at a rate of 10-15% annually, the company sees enormous potential for continued success in machining.
“Our future is bright,” Mr. Chichiriya concluded. “PRECITECH 2024 is a stepping stone for us to connect with the right partners, stay ahead of industry trends, and solidify our position as a leader in precision engineering.”