EMO Hannover 2013 discusses India as a high-growth market.
India needs machine tools worth more than 2 billion Euros a year, and imports most of them. In the past five years alone, machine tool consumption has risen by almost 25 per cent. The
potential for further growth remains high in the medium term. “There are
many good reasons for the VDW to turn the spotlight on the Indian market at
the EMO Hannover”, says Martin Kapp, President of the VDW (German Machine
Tool Builders’ Association), Frankfurt am Main. On 18 September 2013, the
VDW is organising the “EMO Focus on India” event, entitled “Strategic
involvement of numerous major users, exploitation of potentials still
restricted by structural deficits”. The empirically based half-day seminar
is designed to inform international visitors to the EMO from the machinery
and plant engineering sector, plus exhibitors who want to expand their
operations in India, on the idiosyncrasies of this market..
Massive investment from automakers and aircraft manufacturers
The Indian government has to modernise its energy generating plants and
ensure massive expansion of the road and railway networks if it wants to
achieve its ambitious growth targets of 5 per cent and more in the years
ahead. Against this background, prominent international machine tool users
are investing on the subcontinent for appropriate strategic positioning.
The giant automaker Daimler, for example, is massively upsizing its
production facility in Chennai, with the aim of manufacturing sturdy,
affordable models for the Indian market. In the aircraft component supplier
industry, India itself possesses some highly competent vendors like Tata,
Hinduja and HAL, who manufacture components for the aircraft’s interior and
operate in what is called the MRO (Maintenance, Repair & Overhaul)
category, and are entrusted with non-strategic development projects. By
2028, the market volume for the MRO category alone in Asia/Pacific, China
and India is predicted to exceed the figure for North America.
The major users of machine tools in India will be increasing their capital
expenditure on machinery in 2013/2014 by an average of more than 16 and 19
per cent respectively. This means rises of 4 and 10 per cent respectively
in machine tool consumption in the same period. “International machine tool
manufacturers will be well advised not to neglect India”, says Martin Kapp.
“If the China boom runs out of steam one day, India may become much more
important. And then it will be pay-off time for those who’ve been
consistently showing the flag”, he adds.
It is here that the EMO Focus on India comes in. Highly qualified pundits
will be dealing with specific features of the Indian market and the growth
emphases being targeted by the principal user industries. Hands-on
specialists from the machine tool industry and the already-well-established
metrological sector will be explaining their concepts for doing business in
India. Finally, experts will be elucidating legal idiosyncrasies and
For more information contact Mrs Silke Becker:
D-60325 Frankfurt am Main / Germany
Tel +49 69 756081-33
Fax +49 69 756081-11