MIM is an impressive saver of time and cost, in every step of the manufacturing process, compared to traditional methods of investment casting, die casting as well as conventional pressing and sintering. MIM technology shortens product development cycles (sometimes 20-30 minutes are reduced to 20-30 seconds) and expensive multiple stage machining operations are mostly not required, which further reduces time to finish components. Apart from the reduced time hassles, MIM technology also allows for molding intricate shapes very precisely, in a cost-effective manner.