Peekay Group has signed an agreement with Bengaluru Airport City Limited (BACL) to develop a 3D printing technology facility at the Airport City that is being developed in the BLR Airport premises. BACL is a wholly-owned subsidiary of Bangalore International Airport Limited (BIAL)
This facility will house a production centre as well as an experience zone to learn 3D printing & ideate for innovative solutions. In addition, the facility will be used to train technology experts, up-grade skills, increase awareness of various 3D printing applications. This will play a role in engaging youngsters in this new era of technology driven manufacturing.
3D Printing also known as Additive Manufacturing has wide applications including architecture, construction, automotive, aerospace, military, bio-tech (human tissue replacement) jewellery, education and many other fields.
The global 3D printing market size is estimated to reach US$ 62.79 billion by 2028 and is expected to witness a CAGR of 21.0% from 2021 to 2028. McKinsey predicts that Additive Manufacturing could have an economic impact of $550 billion annually by 2025.
Traditional manufacturing has a negative effect on the environment, while 3D printing has been able to significantly reduce the carbon footprint.
