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Machine Tools Sector in India :a snapshot

  • September 2014
  • -
  • Madras Consultancy Group
  • -
  • 5 pages

Summary

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Machine tools contribute to the overall manufacturing output and play a vital role in a country’s industrial development. There are close to 1000 units in India manufacturing machine tools, accessories, sub-systems and parts. The demand for of machine tools in India is growing annually at around 16% since 2009-10. India accounted for around 2.6% of the total global demand for machine tools in 2012-13.

This note on Machine Tools Sector in India has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers of the Indian Machine Tools Sector.

This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Indian Machine Tools Sector. Senior managers, apart from gaining insight into the Machine Tools Sector in India, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners

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