Global Machine Tool Sourcing Made Simpler at IMTOS 2019

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2019-06-10 16:47:00

India is an attractive hub for foreign investments in the manufacturing sector. With impetus on developing industrial corridors and smart cities, the government aims to ensure assist in integrating, monitoring and developing a conducive environment for the industrial development and promoting advance practices in manufacturing.

According to a recent forecast by Technavio, the production of machine tools in India will grow at a CAGR of 12.6% approximately during the forecast period.

The machine tool industry is key to the government’s flagship ‘Make in India’ and ‘Skill India’ initiatives, given that it makes the machines required for the manufacturing sector.

The growth of automotive industry in India is the primary growth driver for this market. The automotive and auto components industry has accounted for about 40% of machine tools consumption in India. This growth in the overall consumption is attributed to the increasing import of advanced product lines from countries like Japan, Germany, and Italy.

From emerging market sellers/buyers to expert industry professionals, IMTOS offers to appeal and efficiently cater to differing strata. A prestigious name for global machine tool trading and sourcing, the eighth edition of IMTOS 2019, to be held at Pragati Maidan, New Delhi between 14^th to 17^th June, shall showcase the industry's giants and international pavilions from key countries and makers. With a high focus on providing real value business opportunities to exhibitors, IMTOS steadily shows strong efforts in increasing its exhibitors' rate of return. By providing profitable trade opportunities, IMTOS 2019 promises solid and strong growth.

With more than 350 exhibitors from over 14 countries, IMTOS 2019 is the appropriate portal to explore the market trends and watch out for competition. IMTOS is built on immaculate responses and participation from various domestic and international stalwarts. Keen interest from renowned industry and global change makers has set newer and higher standards in terms of footfalls, serious business inquiries and business generation.

With every successful edition, IMTOS follows through with an even more promising one. With its launch in 2007 the exhibition that was spread over 12000 Sq Mtr of exhibition space and generated around $120 million worth of business turnover, IMTOS has grown leaps and bounds over the years.

IMTOS 2019 shall indeed provide the most suitable platform for manufacturers and dealers of machine tools to interact, explore and strike business deals for advancing the machine tool sector in the country.

India is an attractive hub for foreign investments in the manufacturing sector. With impetus on developing industrial corridors and smart cities, the government aims to ensure assist in integrating, monitoring and developing a conducive environment for the industrial development and promoting advance practices in manufacturing.

According to a recent forecast by Technavio, the production of machine tools in India will grow at a CAGR of 12.6% approximately during the forecast period.

The machine tool industry is key to the government’s flagship ‘Make in India’ and ‘Skill India’ initiatives, given that it makes the machines required for the manufacturing sector.

The growth of automotive industry in India is the primary growth driver for this market. The automotive and auto components industry has accounted for about 40% of machine tools consumption in India. This growth in the overall consumption is attributed to the increasing import of advanced product lines from countries like Japan, Germany, and Italy.

From emerging market sellers/buyers to expert industry professionals, IMTOS offers to appeal and efficiently cater to differing strata. A prestigious name for global machine tool trading and sourcing, the eighth edition of IMTOS 2019, to be held at Pragati Maidan, New Delhi between 14^th to 17^th June, shall showcase the industry's giants and international pavilions from key countries and makers. With a high focus on providing real value business opportunities to exhibitors, IMTOS steadily shows strong efforts in increasing its exhibitors' rate of return. By providing profitable trade opportunities, IMTOS 2019 promises solid and strong growth.

With more than 350 exhibitors from over 14 countries, IMTOS 2019 is the appropriate portal to explore the market trends and watch out for competition. IMTOS is built on immaculate responses and participation from various domestic and international stalwarts. Keen interest from renowned industry and global change makers has set newer and higher standards in terms of footfalls, serious business inquiries and business generation.

With every successful edition, IMTOS follows through with an even more promising one. With its launch in 2007 the exhibition that was spread over 12000 Sq Mtr of exhibition space and generated around $120 million worth of business turnover, IMTOS has grown leaps and bounds over the years.

IMTOS 2019 shall indeed provide the most suitable platform for manufacturers and dealers of machine tools to interact, explore and strike business deals for advancing the machine tool sector in the country.

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