Millworks Technologies Launches 3D Printing Centre of Excellence

Millworks Technologies has launched a new 3D printing Centre of Excellence (CoE) at its Bengaluru facility in collaboration with US-based Markforged. This strategic move aims to expand the company's precision manufacturing footprint within the aerospace and defence sectors.

Reader Takeaway: New facility accelerates aerospace R&D; strengthens long-term partnership role, though capital expenditure on advanced machinery remains constant.

What just happened

The company has set up a dedicated facility featuring seven advanced machines, including the Markforged FX10 composite printer and industrial scanning equipment. The centre is powered by the Digital Forge platform, which integrates hardware and software to facilitate complex end-to-end 3D manufacturing workflows.

Why this matters

By moving into high-end additive manufacturing, Millworks Technologies aims to cut down product development cycles significantly. This shift allows the firm to handle complex composites like Kevlar and continuous carbon fibre, which are essential for modern aerospace and defence programmes. Management believes this capability will secure more recurring, long-term business by positioning the firm as a design-to-production partner rather than just a supplier.

Context metrics

Millworks Technologies, which listed on the BSE SME platform in July 2026, ended FY26 with a total income of ₹153.40 crore and a net profit of ₹37.06 crore. The company maintains an EBITDA of ₹56.65 crore, highlighting its focus on precision engineering for mission-critical applications.

What to track next

Investors should monitor the impact of this centre on project lead times and the volume of orders secured from aerospace clients in the upcoming quarters. Success in high-margin additive manufacturing may provide a tailwind for long-term margins.