Global machine tool trading & sourcing made simpler at IMTOS

  • Events
  • Jun 01,19
With an exhaustive range of overseas participation, nationally acclaimed enhanced technologies and business tactics, IMTOS 2019 is the appropriate portal to explore the market trends and watch out for competition.
Global machine tool trading & sourcing made simpler at IMTOS

With an exhaustive range of overseas participation, nationally acclaimed enhanced technologies and business tactics, IMTOS 2019 is the appropriate portal to explore the market trends and watch out for competition.
 
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 assistance 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 per cent 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 produces machines for the manufacturing sector.
 
Machine tools are used extensively by companies across several applications such as die moulding, part manufacturing, aerospace, shipbuilding, electrical and electronics, defence, railways, healthcare and consumer durables, of which the automotive industry is the largest consumer.
 
The growth of the automotive industry in India is the primary growth driver for this market. The automotive and auto components industry has accounted for about 40 per cent of machine tools consumption in India. India is the automotive export hub in the South Asian market for some of the major auto OEMs like Ford, Isuzu, Suzuki, Honda, BMW, Mercedes-Benz and Fiat. This growth in the overall consumption is attributed to the increasing import of advanced product lines from countries like Japan, Germany and Italy.
  • In April-March 2017 exports of passenger vehicles (PV) and commercial vehicles (CV) registered a growth of 16.20 per cent and 4.99 per cent respectively, over April-March 2016.
  • The sales of PVs, CVs and two wheelers grew by 9.23 per cent, 4.16 per cent and 6.89 per cent respectively, during the period April-March 2017.
  • India's electric vehicle (EV) sales are poised to rise further on the back of cheaper energy storage costs and the Government of India’s vision to see six million electric and hybrid vehicles in India by 2020.
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 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 an exhaustive range of overseas participation, worthy and nationally acclaimed enhanced technologies and business tactics, 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 12,000 sq m of exhibition space and generated around $120 million worth of business turnover, IMTOS has grown leaps and bounds over the years.
 
The 7th edition of IMTOS held from July 28-31 2018, at Pragati Maidan, Delhi was the most comprehensive and protracted event on technology, engineering, emerging technological practices and latest innovation developments in the engineering, machine tools, material handling and automation industry. This exhibition showcased top-notch facilities for exhibit display, corporate communications, promotions and publicity and liaison with bureaucrats. It saw international participation from 8 countries including USA, Germany, Spain, Italy, Japan, Taiwan, Korea, Turkey and 276 regions of India, and was attended by 32,576 visitors. 
 
Taking this legacy forward, IMTOS 2019 will 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.
 

Related Stories

Electrical & Electronics
Chips are up!

Chips are up!

Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electroni..

Read more
Smart Manufacturing
Global manufacturing growth to slow down, CAGR of 3% to 2027

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth..

Read more
Policy Regulation
Despite slowdown, global manufacturing industry grew 3.8% in 2022

Despite slowdown, global manufacturing industry grew 3.8% in 2022

According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared t..

Read more

Related Products

Cbn and Diamond Tools

Machine Tools & Accessories

Krebs & Riedel Abrasives India Pvt Ltd offers a wide range of CBN and diamond tools.

Read more

Request a Quote

Tool Bit

Machine Tools & Accessories

Bagon Engineering Works Tools Division offers a wide range of rectangular tool bit. Read more

Request a Quote

Deburring Tools

Machine Tools & Accessories

CP Grat-Ex Manufacturing Company, offers deburring tools with unique blade and handle design concept. Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back