Fast Market Research

Just Published: "Machine Tools Market in India 2014"

Fast Market Research recommends "Machine Tools Market in India 2014" from GlobalData, now available


Boston, MA -- (SBWIRE) -- 09/26/2014 -- Netscribes' latest market research report titled Machine Tools Market in India 2014 describes the dynamics of machine tools supply and demand in this country. In 2013, domestic production accounted for only one-third of the overall domestic consumption of machine tools in India. Demand is expected to grow steadily over the next few years and Indian players wish to increase market share of domestic production considerably during the same time period. With respect to import and export of machine tools, India plays a prominent role with some of its key partner nations being China, Japan and Germany.

Within the machine tools industry, there are around 1000 units involved in the production of machine tools, accessories and subsystems. Out of these, the very large companies are responsible for more than half the industry turnover and the rest can be attributed to SMEs. Thus, while the demand-supply gap in the industry creates an opportunity for new entrants, the need for continuous technology upgradation and rise in production costs together pose a challenge for the smaller players. However, there are government initiatives in this regard to support the SMEs, schemes such as Credit Linked Capital Subsidy Scheme for Technology Upgradation and National Manufacturing Competitiveness Programme. The major players have increasingly moved towards sophisticated machines, but they need to continue investing in R&D and technology transfer partnerships with other nations to remain competitive in this dynamic industry.

View Full Report Details and Table of Contents

Companies Mentioned in this Report: Public Companies, 1. HMT Ltd., 2. Lakshmi Machine Works Ltd., 3. Premier Ltd., 4. Kabra Extrusiontechnik Ltd., 5. Forbes & Company Ltd., 6. IFB Industries Ltd., 7. Wendt India Ltd., 8. Bosch Ltd., 9. Kennametal India Ltd., 10. Cummins India Ltd., 11. Crompton Greaves Ltd., , Private Companies, 1. Ace Designers Ltd., 2. Electronica Machine Tools Ltd., 3. Sandvik Asia Ltd.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Manufacturing research reports at Fast Market Research

You may also be interested in these related reports:

- Machine Tool Industry in China, 2014-2018
- Global Machine Tool Market 2014-2018
- Machine Tools Market in Germany 2014-2018
- Machine Tools Market in the US 2014-2018
- Global Electrical Discharge Machine Market 2014-2018
- Global High-speed Steel Metal Cutting Tools Market 2014-2018
- Electric Motors Market in the US 2014-2018
- Downhole Tools Market - Global trends & Forecast to 2019
- Machine Tools in Brazil: Industrial Report
- Machine Tools in Australia: Industrial Report