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.
 

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