Peekay Group installs 3D printing facility at Bengaluru Airport city.

Kerala-based Peekay Group has installed a 3D printing technology facility at Bengaluru Airport city.

Claiming to be first of its kind, the facility houses a production centre, experience zone to learn 3D printing and ideate for innovative solution. It will be used to train technology experts, up-grade skills, increase awareness of various 3D printing applications.

PK Ahammed, Chairman of Peekay Group said that the facility will play a major role in engaging youngsters in the new era of technology driven manufacturing. The 3D sand printing machine, VX-4000 from Voxeljet is most efficient and environmental-friendly with no carbon emission-- in line with Bangalore International Airport Ltd’s sustainability framework, he said.

3D Printing also known as Additive Manufacturing has wide applications including architecture, construction, automotive, aerospace, military, biotech (human tissue replacement) jewellery, education, and many other fields.

The global 3D printing market size is estimated to reach $62.79 billion by 2028 and is expected to witness a CAGR of 21 per cent. Quoting McKinsey report, he said the additive manufacturing could have an economic impact of $550 billion by 2025.

KE Shanavaz, Joint Managing Director, PeeKay Steel Castings (P) Ltd, a flagship company of the group said the investment in this standalone technology centre is to diversify the business into new areas such as aerospace, healthcare, renewable energy and transform itself as a tech-driven manufacturing company globally.

The ₹1,000 crore Peekay Group has activities in different verticals ranging from engineering, metal, food, education and healthcare.

HBL