Ludhiana, Jan. 13 -- Chamber of Industrial and Commercial Undertakings (CICU) with ACE Micromatic Group has organised a one day workshop on optimum utilization of CNC Machine here. Addressing the gatherings, Upkar Singh Ahuja, President, CICU said in the highly competitive market scenario, customers determine the price of a product and entrepreneurs need to continuously fine tune the costs to realize profits. ''Machine utilization has a major impact in reducing the manufacturing cost of components. Most CNC machines are underutilized with only 20% time effectively spent in cutting & the rest in non-value adding operations. Although the material cost cannot be reduced, the cycle time and machining cost can be reduced drastically,'' h...