The eutectic technology enables companies to make worn out and broken machinery and components into nearly the capacity of a 100 percent new one and companies need not make replacement of the old parts, company officials said.

To launch the products and services, Vantage Technologies Limited organised a seminar on "Repair not replacement- the Eutectic way" at Purbani Hotel in Dhaka yesterday. Industries Minister Motiur Rahman Nizami and Secretary of the ministry Shoaib Ahmed were present at the meeting.

The technology can provide turnkey solution through scientific approach, where practically any worn out or broken machine components are being given a new lease of life. The maintenance cost can lower down to 40 percent by adopting the eutectic technology instead of replacing the damaged machinery.

Major (retd) Nazibullah, director of Vantage Technologies, and representatives of Larsen & Troubo Shiv Kumar and Shumit Ganguly were present.