AMTEX: Gateway to the manufacturing world

By admin July 22, 2014 2:17 pm IST

The stage is gearing up for Amtex 2014, the most hyped event as the largest show of machine tools, machineries and manufacturing technologies in the Asian continent. The exhibition could be the gateway to the world of opportunities
 The 9th Amtex 2014 is the glittering event of the year where the convergence of exciting business opportunities, world-class technologies and enthusiastic participants from across the globe are transpiring on a single platform. It will be held from 25th to 28th July at Pragati Maidan, New Delhi.
The exhibition is an attempt to create a rostrum for all the relevant sectors and technologies to interact with industry like aerospace, automobiles, defence, electrical and electronics, material handling etc. The opportunity for the exhibitors is enormous to present brand new technologies to enhance productivity.
Today India stands 13th in production and 6th in the consumption of machine tools in the world as per the latest survey. The country is all set and about to become a key player in the global machine tools industry and is likely to see substantial high-end machine tool manufacturing.
Currently Indian machine tool industry has around 1,000 units in the production of machine tools, accessories/attachments, subsystems and parts. Of these, around 20 in the large scale sector account for 70 per cent of the turnover and the rest are in the SME sector of the industry. Approximately, 75 per cent of the Indian machine tool producers are ISO certified. However, given the current gap between demand and supply, there is a clear need for adding capacities in this sector. The industry is moving towards increasingly sophisticated CNC machines, driven by demand from key user segments.

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