Machining Industry Scales Up To Match Production Needs
Auto Components India|April 2017

India’s ambitious drive for `Make in India’, depends heavily on the availability of world-class machine tools at competitive prices. This can be made possible only by manufacturing them in India. Hence it is necessary to `machine in India’ before ‘make in India’.

J Pranavanad
Machining Industry Scales Up To Match Production Needs

Recognising that heavy engineering equipment and machine tools industry are the backbone of the entire manufacturing sector, the Union Department of Heavy Industries, has constituted Councils for the development of machine tools, textile machinery and construction and earthmoving machinery.

Meanwhile, the Karnataka Government has announced plans to set up the country’s first Integrated Machine Tool Industry Park in Tumkur district at a cost of Rs 447 crore. The project at Hosa Narsapur, a joint venture between the Central and State governments, will come up on 500 acres with a Central grant of Rs 125 crore. The park will be a cluster of machine tool builders, makers of accessories, components and foundry, among others, and will help small and medium-scale enterprises to expand their manufacturing capacities. According to the Indian Machine Tool Manufacturers Association, with emphasis on Make in India and manufacturing growth, for which the machine tools sector serves as the mother industry, the country is set to become a key player in the global machine tools industry and is likely to see substantial high-end machine tool manufacturing.

The Indian machine tool industry has around 1000 units in the production of machine tools, accessories/attachments, subsystems and parts. Of these, around 25 in the large scale sector account for about 70% of the turnover and the rest are in the MSME sector of the industry. Approximately, 75% of the Indian machine tool producers are ISO certified. While the large organised players cater to India’s heavy and medium industries, the small-scale sector meets the demand of ancillary and other units. Many machine tool manufacturers have also obtained CE Marking certification, in keeping with the requirements of the European markets.

Bu hikaye Auto Components India dergisinin April 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Auto Components India dergisinin April 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

AUTO COMPONENTS INDIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES
Auto Components India

U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES

On December 06, 2024, the U.S. Department of Commerce announced a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning certain brake drums imported from the Republic of Türkiye as per The Brake Report.

time-read
3 dak  |
December 2024
BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW
Auto Components India

BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW

The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions, writes Ashish Bhatia.

time-read
2 dak  |
December 2024
INTELLIGENT TRAILERS
Auto Components India

INTELLIGENT TRAILERS

Today's trailer customers enjoy access to a complete range of integrated solutions, writes Ashish Bhatia.

time-read
5 dak  |
December 2024
UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET
Auto Components India

UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET

India's EV market, valued at USD 2 billion, is on the fast track to becoming the third largest globally by 2025. However, maintaining this momentum will depend heavily on developing a robust second-hand EV market

time-read
4 dak  |
December 2024
SAPIENCE HARNESSES AI FOR ROAD SAFETY
Auto Components India

SAPIENCE HARNESSES AI FOR ROAD SAFETY

Sapience Automata is banking on Al-driven ADAS innovations to curb accidents, and improve fleet efficiency, writes Upendra Kasbekar.

time-read
4 dak  |
December 2024
TRAFFIC SURVEILLANCE SOLUTIONS
Auto Components India

TRAFFIC SURVEILLANCE SOLUTIONS

CP Plus is offering innovative traffic surveillance solutions to enhance on-road safety. writes Richa Tyagi.

time-read
5 dak  |
December 2024
LEGACY BRAND RENEWED PURPOSE
Auto Components India

LEGACY BRAND RENEWED PURPOSE

As Godrej Enterprises Group celebrates its 127th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward, writes Ashish Bhatia.

time-read
3 dak  |
December 2024
GLOBAL AUTOMOTIVE SOLUTIONS
Auto Components India

GLOBAL AUTOMOTIVE SOLUTIONS

Raghavan Sampath, Director of Business Development, India Business Development Division at MediaTek, shared the company's strategic approach of offering global automotive solutions, with Richa Tyagi.

time-read
2 dak  |
December 2024
SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Auto Components India

SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE

Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.

time-read
1 min  |
December 2024
UNO MINDA GPT-ENABLED MUSIC SYSTEM
Auto Components India

UNO MINDA GPT-ENABLED MUSIC SYSTEM

Uno Minda Ltd. has introduced India’s first GPT-enabled Android music system, the WTUNES-464DN-GPT, revolutionizing the in-car experience.

time-read
1 min  |
December 2024