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Global machine tools major TRUMPF expands in India with a new Pune facility
The plant will start with TruBend 1000 series bending machines, followed by the TruLaser 1000 laser cutting machine series by 2025. "Local presence gives us the opportunity to develop tailor-made solutions for the Indian market and to exploit global synergies,” said Till Kueppers, COO at TRUMPF Machine Tools.Read more
Global Machine Tools Sector: State of Play and Tackling New Challenges
Representatives from machine tool associations – whose manufacturers account for more than 80% of the global machine tool production, gathered at the world’s leading trade fair, EMO Hannover 2023, to demonstrate their resilience and strength in the face of a wide range of global challenges.Read more
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 to 3.3% for Asia Pacific and 2.6% for Europe.Read more
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.Read more
India will become a key player in the global machine tools industry
Wendt India draws its technological superiority from Wendt GmbH which is a part of Winterthur Technology Group (WTG ) Switzerland and sound and ethical management practices from Murugappa Group. While Wendt GmbH is the pioneer in super abrasive tooling solutions and high precision grinding machines for insert grinding and steel industries for over 8 decades, the 100 year Murugappa Group is the market leader in diverse businesses such as engineering, abrasives, finance, general insurance, cyclesRead more
