TaeguTec India Pvt Ltd

What TaeguTec India Pvt Ltd does

TaeguTec India Pvt. Ltd. is a Bangalore-headquartered, wholly-owned subsidiary of IMC International Metalworking Companies B.V., the world's second-largest cutting tool manufacturing group. Established in India in 2000, it operates an approximately 10,000 sq.mt manufacturing facility in Bommasandra Industrial Area that is AS9100 Rev D, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. The company manufactures tungsten carbide cutting tools spanning milling, turning, holemaking, threading, and tooling systems, alongside solid carbide tools, quick-change tooling, modular boring systems, spare parts, and tungsten powder.

The business serves eight primary industrial verticals in India: Automotive, Mold and Die, Aerospace, Power Generation, Wind Power, Oil & Gas, Railway, and Miniature components. Its core technology centers on tungsten carbide metallurgy applied to indexable inserts, holder bodies, and solid carbide tools used for precision machining, with local customization capability complemented by large-scale R&D at TT Korea (the global parent). Distribution runs through a dual channel model: a direct B2B e-commerce webshop (webshop.taegutec-india.com) with account registration, real-time pricing, and order tracking, plus a wide network of channel partners and distributors covering every major industrial town in India, supported by in-house sales and technical-support engineers.

The revenue model is hardware sales of cutting tools, tooling systems, spare parts, and tungsten powder on a B2B quote-based terms structure with Ex-works Incoterms 2010 and payment due on or before delivery. Pricing is not publicly disclosed and requires account registration and inquiry. Marketing is executed through the company's own digital properties (website, webshop, Twitter, Facebook, newsletters), seminars and exhibitions, and digital tooling aids (MATRIX/CTMS, e-Catalog, Tool Advisor, Insert Converter, Machining Calculator). The entity is privately held under the IMC conglomerate umbrella and does not publish revenue or cap-table data.

Name

TaeguTec India Pvt Ltd

Legal name

TaeguTec India Pvt. Ltd.

Website

https://taegutec-india.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

TaeguTec India is a Bangalore-based subsidiary of IMC International Metalworking Companies (the global #2 cutting tool group) that manufactures tungsten carbide cutting tools, tooling systems, and spare parts for Indian industrial customers across automotive, aerospace, mold and die, and heavy engineering sectors, selling via direct e-commerce and channel partners.

Ownership category

akta.pro rank

Product category

Metalworking Cutting Tools

NAICS

Cutting Tool and Machine Tool Accessory Manufacturing (333515)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Tungsten carbide cutting tools
• Metalworking tooling solutions
• CNC cutting inserts
• Turning milling drilling tools
• Carbide tool holders

Headquarters

HQ city

Bengaluru (Bangalore)

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Cutting Tools Sales: Sale of Tungsten Carbide cutting tools including Inserts, Holder bodies for turning, milling, drilling, grooving, parting applications, and solid carbide tools. Products sold through direct sales and channel partners.
2. Tooling Systems Sales: Sale of tooling systems including tool holders, collets, and accessories
3. Spare Parts & Blanks: Sale of cutting tool spare parts and blanks including cartridges, pins, screws, springs, shims, and clamps

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Manufactures and supplies tungsten carbide cutting tools, including indexable inserts and tool holder bodies for turning, milling, drilling, grooving, and parting operations, along with solid carbide tools and complete tooling systems. The products are sold to industrial manufacturers across automotive, mold and die, aerospace, power generation, wind power, oil and gas, railway, and miniature precision machining segments.

Product overview

TaeguTec India offers a comprehensive portfolio of metalworking solutions as part of the IMC International Metalworking Companies group. The product lineup centers on tungsten carbide cutting tools organized into core categories: Milling (including indexable and solid tools), Turning (external, internal, groove/turn, parting off, thread turning), Holemaking (drilling, boring, reaming, counterbore/countersink), and Threading (taps, thread mills). Supporting these are Tooling Systems (tool holders, collets, accessories) and Cutting Tool Spare Parts. The company also offers specialized sub-products like Modular Boring Systems and Quick-Change Tooling, plus an e-Comm online ordering platform. Industrial Products and Tungsten Powder round out the offering for customers seeking complete machining solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Tungsten Carbide Indexable Inserts Indexable tungsten carbide cutting inserts designed for turning, milling, and drilling of steel, stainless steel, cast iron, and other industrial workpiece materials, sold to industrial manufacturing customers.
• Tool Holder Bodies Turning, milling, drilling, grooving, and parting tool holders used to mount indexable carbide inserts on CNC machine tools, sold to industrial manufacturers.
• Solid Carbide Tools Solid carbide end mills, drills, and related rotary cutting tools used in precision metal cutting operations, including miniature machining applications.
• Tooling Systems Complete tooling systems that combine indexable inserts with matching tool holders to support multi-operation CNC machining cells in industrial production environments.

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• IMC International Metalworking CompaniescoreOthersParent company - TaeguTec India is part of IMC International Metalworking Companies, the 2nd biggest cutting tool manufacturing group in the world. Corporate headquarters located in Israel with global operations.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Addison & Co (Cutting Tools Division): Addison & Co is a long-established Indian manufacturer of cutting tools including HSS and carbide taps, dies and drills. It is a domestic Indian competitor to TaeguTec in the mid-tier segments, particularly among price-sensitive Indian SMEs and machine shops.

Direct peers

• Kennametal: Kennametal is a major US-based manufacturer of tungsten carbide inserts, tooling systems and wear parts serving aerospace, automotive, energy and general industrial customers. It directly overlaps TaeguTec's product portfolio and competes in the same Indian end markets.
• YG-1: YG-1 is a Korean cutting tool manufacturer producing solid carbide end mills, drills and taps. As an Asian competitor with strong export reach into India, it competes with TaeguTec's solid carbide and holemaking offerings in the Indian mid-market.
• Iscar: Iscar is an IMC Group sister company and a global leader in metal cutting tools, producing inserts, milling cutters, turning tools and tooling systems. As a fellow IMC subsidiary, it shares product DNA with TaeguTec and competes head-to-head in India and globally.
• OSG Corporation: OSG is a Japanese manufacturer of taps, end mills, drills and threading tools, with strong presence in automotive and aerospace. It directly competes with TaeguTec's holemaking, threading and solid carbide product lines, especially in Indian auto OEM supply chains.
• Walter Tools (Walter AG): Walter Tools, part of the Sandvik-owned Walter group, produces turning, milling, drilling and threading tools for general and aerospace machining. It directly competes with TaeguTec across product lines and serves overlapping automotive and industrial customers in India.
• Guhring: Guhring is a German manufacturer of precision cutting tools including drills, reamers, end mills and taps with deep automotive and aerospace exposure. It is a direct competitor to TaeguTec in India for high-precision drilling and milling applications.
• Mitsubishi Materials: Mitsubishi Materials' cutting tool division manufactures carbide inserts, end mills, drills and tooling for automotive, aerospace and mould/die applications. It is one of the top global cutting tool suppliers competing directly with TaeguTec in the Indian market.
• Sandvik Coromant: Sandvik Coromant is the global market leader in metal cutting tools, offering inserts, milling, turning, drilling and tooling systems. It directly competes with TaeguTec across every core product category and serves the same automotive, aerospace and general industrial customers in India.
• Dormer Pramet: Dormer Pramet manufactures drilling, milling and turning tools including taps, reamers and indexable inserts. It is a direct competitor to TaeguTec in the holemaking, threading and general metalworking categories across the Indian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TaeguTec
• LinkedInlinkedin.com/company/taegutec-india-pvt-ltd

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TaeguTec India Pvt Ltd