Corporate NewsNews

Peekay Group to Set Up 3D Printing Technology Facility at Bengaluru Airport City

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.

Related posts

Hitachi Vantara Outlines Vision for Hybrid Cloud Data Storage at ‘The Road Ahead: Digital Infrastructure for the Data-Driven’ Event

SME Channels

Citrix Elevates Ravindra Kelkar to Area VP, Sales & Services, India Sub-continent

SME Channels

Airtel Business and Cisco Launch next-gen SD-WAN connectivity solutions for enterprises

SME Channels
x