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As Top 1 brand of electric tapping machine in India, we are always focus on this market, about 5 years later, we have to say, it is a good but tough market there. Machine Tools have critical role in manufacturing industry and they are called the ‘mother machines,’ because they make other machines possible. Today IMTMA is the sole voice of the industry in India.
Exports
Machine Tools Exports from India
Machine tools exports from India has reached Rs.355 Cr during 2017-18 compared to Rs.360 Cr during 2016-17 registering an annual Y/Y growth decline rate of -1.4%. Machine wise export values are collected from all the members from each quarter and consolidated to annual export values for further analysis. All types of machines CNC, non CNC, metal cutting and metal forming were exported from India to various countries. For detailed information, please contact us to order the copy of the last ten years of industry data.
Machine Tool Imports
Machine tools imports to India has reached Rs.7752 Cores during 2017-18 compared to Rs. 6173 Cores during 2016-17 registering Y/Y growth of 25.6%. All types of machines CNC, non CNC, metal cutting, metal forming, used and new machines are imported to India from various countries. For detailed information, please contact us to order the copy of the last ten years of industry data.
DoneCNC has enter into India from 2015 by AMTEX show and been the TOP 1 brand of electric tapping machine in the local market, with over 200 sets machine sold.
As our understanding of India market, their advantage in machine tools industry is, long time sediment of using machine tool from Europe makes a group of high skill operators who knows technology front of the industry. Of course colonial background makes them much easy to communicate with the world in language, but federalism, multiracial and multi-religious are the disadvantage to integrate national resources.