In sheet metal forming a flat thin sheet metal blank is subjected to plastic deformation by tensile loads
into a three-dimensional shape, often without significant changes in sheet thickness. It involves conversion
of flat thin sheet metal blanks into parts of required shape and size. The process is carried out on the plane
of the sheet by tensile forces with high ratio of surface area to thickness [1]. These processes are
extensively used for manufacturing of simple to complex shapes and producing large number of variety of
components for various industries like food and beverages, automobile, marine, aerospace, defence, nuclear
and other sheet forming applications.