Based on this thinking, the German Machine Tool Manufacturers Association, with the support of the Mumbai Indian Chamber of Commerce and Industry (IGCC), held a technical seminar in Chennai and Pune for the third consecutive year in March this year to showcase the technical strength of the German machine tool manufacturing industry.
Klaus-Peter Kuhnmunch, who hosted the seminar by the German Machine Tool Manufacturers Association, said that the Indian economy has maintained strong growth in recent years and that the German machine tool manufacturing industry will continue to focus on the Indian market. In view of this, the member companies of the German Machine Tool Manufacturers Association also believe that the launch of their products in India for the third consecutive year is of great significance. He added: “The primary task of Indian economic policy makers is to promote industrial development and job creation. To achieve this goal, India needs technologically advanced machine tools to ensure successful industrial production.â€
German machine tool manufacturers often send representatives to India. The Chennai seminar was attended by 315 Indian guests. The Pune seminar was attended by 360 Indian guests, including a delegation of 20 German companies appointed by the German Machine Tool Manufacturers Association.
IMTEXForming2010 emphasizes forming technology
The German machine tool industry will closely monitor the dynamics of the Indian Machine Tool Manufacturers Association (IMTMA). As the highest industry association in the Indian machine tool industry, the Indian Machine Tool Manufacturers Association recently decided to reorganize the International Forming Technology Exhibition (IMTEX). This exhibition attracts many countries including Germany, Switzerland and Italy every year. After the reorganization, the exhibition will focus on “forming†technology for one year and the theme of “cutting†technology in the next year. The Indian Machine Tool Manufacturers Association stated to the journal that this reorganization is particularly necessary as forming technology is becoming more and more important and will help strengthen the market competitiveness of the Indian engineering industry.
Therefore, the first exhibition in Bangalore in January was called 2010 International Forming Technology Exhibition (IMTEXForming2010), which aims to showcase the latest forming technologies in the fields of metal, plastics and other engineering materials such as composites and ceramics. The field has a wide range of uses. The 2010 International Forming Technology Exhibition includes three major pavilions: 2010 Metal Forming Technology, 2010 Polymer Forming Technology and 2010 Future Forming Technology. In the same period, the Indian Machine Tool Manufacturers Association also held the Tooltech2010 International Exhibition, specializing in the display of die, mold, forming tools, mechanical parts, metering technology, CAD / CAM and other technologies. In the face of fierce competition, the German machine tool industry performed well.
Jayant Davar, president of the Association of Indian Auto Parts Manufacturers, said during the exhibition that the Indian auto industry has great potential and currently has annual sales of $45 billion and is expected to reach $145 billion in fiscal year 2015-2016. Germany faces competition from Japan, Italy and the United States, as well as competition from cheap products from China and Taiwan. At the same time, Germany hopes that the weak euro will become the driving force behind the export of its machine tools.
In recent years, Germany's machine tool trade with India has continued to grow. Although the overall economic recession led to a decline in German exports, trade between India and Germany showed year-on-year growth last year. While the European economy experienced roller coaster volatility, the Indian economy remained strong, and Indian manufacturing maintained steady growth, which in turn triggered a huge demand for the latest production tools and equipment. Therefore, the Indian market has always been attractive to the German machine tool industry, and the future is no exception. In 2004-2008, the total purchase of machine tools in India increased by 270% to 1.2 billion euros. Among them, most of the demand is met by the German machine tool manufacturing industry. The German machine tool industry has always maintained close ties with Indian companies, many of which have representative offices in several states in India. Germany provides production technology to the Indian industry and is a global leader. In 2009, the bilateral trade volume between India and Germany increased by 5.9% year-on-year. Last year, India’s imports grew by 4.4%, and exports to Germany grew by about 52% to 15.5 million euros.
As a supplier of machine tools, India still has a long way to go and is currently ranked 27th among the global machine tool suppliers. However, India ranks 9th among German machine tool exporters. Germany ranks fifth in the purchase of Indian machine tools, second only to the United States, Belgium, Nigeria and the United Arab Emirates. In 2009, the types of German machine tools that were in high demand in India included gear cutting machines, grinding machines, boring machines, grinding machines and machining centers. Indian machine tool exports mainly include components and accessories, followed by milling machines and machining centers.
The German Machine Tool Manufacturers Association said: The economic crisis has caused many German machine tool companies to get rid of excess "fat" and become more "strong and strong". At the headquarters of the German Machine Tool Manufacturers Association in Frankfurt, the mantra of the delegates was that the economic crisis made the machine tool industry “slim†and stronger than before the recession. This is because after the financial crisis, German machine tool manufacturers surpassed rival Japanese companies, and Japan's machine tool production fell twice as much as Germany's, to about 5 billion euros, which does not include components and ancillary equipment. Indeed, German machine tool manufacturers have successfully weathered the storm and their global market share has increased slightly, ranking 7% ahead of Japan.
This year, the German machine tool manufacturing industry is expected to achieve a substantial increase in demand. Although the economic recession was serious, Germany successfully passed the storm and recovered confidence in 2010. Martin Kapp, president of the German Machine Tool Manufacturers Association, said at the annual press conference: "Although it still faces difficulties this year, we expect to achieve a substantial rebound in business in the second half of the year." He quoted the increase in orders since September 2009. In the state, it is believed that for the German machine tool manufacturing industry, export orders may take the lead in recovery. China and India, as well as Russia and Brazil, will provide a powerful impetus for the recovery of the German machine tool industry.
Klaus-Peter Kuhnmunch, who hosted the seminar by the German Machine Tool Manufacturers Association, said that the Indian economy has maintained strong growth in recent years and that the German machine tool manufacturing industry will continue to focus on the Indian market. In view of this, the member companies of the German Machine Tool Manufacturers Association also believe that the launch of their products in India for the third consecutive year is of great significance. He added: “The primary task of Indian economic policy makers is to promote industrial development and job creation. To achieve this goal, India needs technologically advanced machine tools to ensure successful industrial production.â€
German machine tool manufacturers often send representatives to India. The Chennai seminar was attended by 315 Indian guests. The Pune seminar was attended by 360 Indian guests, including a delegation of 20 German companies appointed by the German Machine Tool Manufacturers Association.
IMTEXForming2010 emphasizes forming technology
The German machine tool industry will closely monitor the dynamics of the Indian Machine Tool Manufacturers Association (IMTMA). As the highest industry association in the Indian machine tool industry, the Indian Machine Tool Manufacturers Association recently decided to reorganize the International Forming Technology Exhibition (IMTEX). This exhibition attracts many countries including Germany, Switzerland and Italy every year. After the reorganization, the exhibition will focus on “forming†technology for one year and the theme of “cutting†technology in the next year. The Indian Machine Tool Manufacturers Association stated to the journal that this reorganization is particularly necessary as forming technology is becoming more and more important and will help strengthen the market competitiveness of the Indian engineering industry.
Therefore, the first exhibition in Bangalore in January was called 2010 International Forming Technology Exhibition (IMTEXForming2010), which aims to showcase the latest forming technologies in the fields of metal, plastics and other engineering materials such as composites and ceramics. The field has a wide range of uses. The 2010 International Forming Technology Exhibition includes three major pavilions: 2010 Metal Forming Technology, 2010 Polymer Forming Technology and 2010 Future Forming Technology. In the same period, the Indian Machine Tool Manufacturers Association also held the Tooltech2010 International Exhibition, specializing in the display of die, mold, forming tools, mechanical parts, metering technology, CAD / CAM and other technologies. In the face of fierce competition, the German machine tool industry performed well.
Jayant Davar, president of the Association of Indian Auto Parts Manufacturers, said during the exhibition that the Indian auto industry has great potential and currently has annual sales of $45 billion and is expected to reach $145 billion in fiscal year 2015-2016. Germany faces competition from Japan, Italy and the United States, as well as competition from cheap products from China and Taiwan. At the same time, Germany hopes that the weak euro will become the driving force behind the export of its machine tools.
In recent years, Germany's machine tool trade with India has continued to grow. Although the overall economic recession led to a decline in German exports, trade between India and Germany showed year-on-year growth last year. While the European economy experienced roller coaster volatility, the Indian economy remained strong, and Indian manufacturing maintained steady growth, which in turn triggered a huge demand for the latest production tools and equipment. Therefore, the Indian market has always been attractive to the German machine tool industry, and the future is no exception. In 2004-2008, the total purchase of machine tools in India increased by 270% to 1.2 billion euros. Among them, most of the demand is met by the German machine tool manufacturing industry. The German machine tool industry has always maintained close ties with Indian companies, many of which have representative offices in several states in India. Germany provides production technology to the Indian industry and is a global leader. In 2009, the bilateral trade volume between India and Germany increased by 5.9% year-on-year. Last year, India’s imports grew by 4.4%, and exports to Germany grew by about 52% to 15.5 million euros.
As a supplier of machine tools, India still has a long way to go and is currently ranked 27th among the global machine tool suppliers. However, India ranks 9th among German machine tool exporters. Germany ranks fifth in the purchase of Indian machine tools, second only to the United States, Belgium, Nigeria and the United Arab Emirates. In 2009, the types of German machine tools that were in high demand in India included gear cutting machines, grinding machines, boring machines, grinding machines and machining centers. Indian machine tool exports mainly include components and accessories, followed by milling machines and machining centers.
The German Machine Tool Manufacturers Association said: The economic crisis has caused many German machine tool companies to get rid of excess "fat" and become more "strong and strong". At the headquarters of the German Machine Tool Manufacturers Association in Frankfurt, the mantra of the delegates was that the economic crisis made the machine tool industry “slim†and stronger than before the recession. This is because after the financial crisis, German machine tool manufacturers surpassed rival Japanese companies, and Japan's machine tool production fell twice as much as Germany's, to about 5 billion euros, which does not include components and ancillary equipment. Indeed, German machine tool manufacturers have successfully weathered the storm and their global market share has increased slightly, ranking 7% ahead of Japan.
This year, the German machine tool manufacturing industry is expected to achieve a substantial increase in demand. Although the economic recession was serious, Germany successfully passed the storm and recovered confidence in 2010. Martin Kapp, president of the German Machine Tool Manufacturers Association, said at the annual press conference: "Although it still faces difficulties this year, we expect to achieve a substantial rebound in business in the second half of the year." He quoted the increase in orders since September 2009. In the state, it is believed that for the German machine tool manufacturing industry, export orders may take the lead in recovery. China and India, as well as Russia and Brazil, will provide a powerful impetus for the recovery of the German machine tool industry.
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