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Home arrow News arrow Auto component arrow Auto sector to drive Die and Machine Tool Industry in India
Auto sector to drive Die and Machine Tool Industry in India Print E-mail
Written by Anand   
Tuesday, 19 February 2008
Bangalore: The auto & auto ancillary sector constitutes 50% of Die & Machine Tool market in India and is driving the industry. The industry grew above 60% in the past two years and is expected to grow at above 20% rate. This was revealed during a press conference organized by Tool and Gauge Manufacturers Association (TAGMA) and Indian Machine Tool Manufacturers’ Association (IMTMA) on the sidelines of “DIEMOULD INDIA 2008” and “Tooltech 2008” exhibitions. This study was done by Feedback ventures a month ago.

The four day exhibition is held at Bangalore International Exhibition Centre (BIEC), Bangalore. Both DIEMOULD & Tooltech exhibitions put together represents 17 countries with 379 exhibitors and occupy 1,93,00 square feet space at BIEC. The exhibition hosts huge delegations from China, Germany, Singapore with more than 10 companies participating from each country.

The 6th edition of DIEMOULD INDIA 2008 is the largest international exhibition in India covering the tool room Industry. 273 exhibitors from 17 countries will occupy a display area of 1,54,500 square feet. Some of the countries participating in the exhibition are Australia, Canada, France, Hong Kong, Italy, Japan, Korea, Malaysia, Pakistan, Portugal, Slovakia, Spain, Taiwan, Thailand, The Netherlands, United Kingdom, United States, etc. There will also be international pavilions from China, Germany and Singapore.

The 10th edition of Tooltech 2008, a unique international exhibition in South & South East Asia, is a ‘B2B’ event featuring newest trends in cutting tools, tooling technologies, production aids, machine tool accessories, metrology, and CAD-CAM equipment & software. 106 exhibitors from 13 countries including a country-group participation from Germany, will exhibit products valued over Rs. 4 crore over an exhibition area of 23,000 square feet. The exhibition will enable manufacturing industry to witness newest global trends and to gauge future technologies that are likely to shape up in this segment.

 
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