Thriam
Thriam

Do you want to advertise here? Contact us

OEM Play Store
OEM Play Store

Do you want to advertise here? Contact us

OEM Update
.

“Metal forming machinery manufacturing industry to be doubled by 2020”

By January 13, 2016 12:23 pm IST

In 2010, revenues of metal forming machinery manufacturing in India amounted to approximately $ 643 million. I expect the same to grow double by 2020.
Subramanya K, Head – Marketing & Communications, Kabelschlepp India Pvt Ltd
 Today, in India, around 55-57 per cent of the total machine tool industry requirements are being imported. (refer Table 1). It shows that there is lot of scope for Indian manufacturers to involve and get the benefit out of “Make in India” concept initiated by the government.
There is scope for investment and R&D to cater to the need of major industrial sector like automobiles, where production of small components play very important role. Present scenario is such that, without a major contribution from metal forming machine tools industry, production of these components is almost impossible.
At par with global standardSpeaking on if metal forming machine tools industry in India is at par with global standard, Subramanya K, Head – Marketing and Communications, Kabelschlepp India Pvt Ltd says, “We are at par with global standard, the fact is 75 per cent of the Indian machine tool producers are ISO certified and many machine tool manufacturers have also obtained CE Marking certification, in keeping with the requirements of the European markets.”

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
Webinar
Webinar

Do you want to advertise here? Contact us

OEM Update QR Code
OEM Update QR Code

Events

Hannover Messe 2025
Hannover Messe 2025
Diemex
Diemex
Metal Forming Expo
Metal Forming Expo
ChemProTech India 2025
ChemProTech India 2025
Aerodef India Manufacturing Expo
Aerodef India Manufacturing Expo
Blech India
Blech India
Intralogistic & Warehousing Expo
Intralogistic & Warehousing Expo
Wiretech 2025
Wiretech 2025
India Fastener Show
India Fastener Show
India Manufacturing Show
India Manufacturing Show
Factory Automation Expo 2025
Factory Automation Expo 2025

eMagazine March 2025

eMagazine March 2025
eMagazine March 2024

Do you want to advertise here? Contact us

Our Sponsors

B&R Automation
B&R Automation
Pragati Gears
Pragati Gears
Pilz India
Pilz India
Carl Zeiss India
Carl Zeiss India
Inovance Technology
Inovance Technology
Mallcom
Mallcom
igus
igus
Delta Electric
Delta Electric
Vega India Level Ltd
Vega India Level Ltd
Studer
Studer
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Aard Wolf
Aard Wolf
Widma
Widma
Silasers
Silasers
Velvex
Velvex
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
TruCut
TruCut
Voestalpine
Voestalpine
LMW
LMW
Ugro
Ugro
Deceler
Deceler
EAPL
Red Lion
Exor
Exor
Wika Instruments India
Wika Instruments India
Carol
Carol