RAJKOT MACHINE TOOLS SHOW | November 23, 2016 10:00 AM - November 26, 2016 6:00 PM | Automation.com

RAJKOT MACHINE TOOLS SHOW

Event Summary

DATE:
November 23, 2016 - November 26, 2016
LOCATION:
RAJKOT, 360003
COUNTRY:
India
START DATE/TIME:
November 23, 2016 10:00 AM
END DATE/TIME:
November 26, 2016 6:00 PM
EVENT TYPE:
Trade Show
HOST:
KMG BUSINESS TECHNOLOGY
PHONE:
+91-079-32410602
EMAIL:
[email protected]
WEBSITE:
Click here to Visit

Description

Machine Tools Industry is considered to be the backbone of engineering industry. And when it comes to production, Rajkot is the third largest Machine Tools Manufacturer in the country after Bengaluru and Pune. Currently, Rajkot is the leading manufacturer of conventional machine tools and with the increasing demand inflow; opportunities from across the globe are coming towards Rajkot.

The entry of big names such as AMW, ATUL AUTO, TATA, MARUTI, FORD and now GENERAL MOTORS into the Gujarat region has ensured that the market of auto ancillary industry is moving upwards. Rajkot is considered to overtake the current 3rd spot that it has in the coming few years as a few other major automobile manufacturers are also planning to have their manufacturing plants in the region making it a preferred AUTOMOBILE HUB.

With about 350 to 400 machine tool companies out of which 95% units are producers ofconventional machine tools and supply across India. According to industry sources, since the past few years, the share of local consumption of tools has also increased from 10% to 20% given the growth in auto parts, foundry and engineering industries in the country.

In the last couple of months, the automobile industry in India has seen a significant growth amidst fears of rising interest rates and raw commodity prices. Having a turnover of over 1200 crores, the Rajkot auto ancillary industry is growing by 35% per annum.

According to a report in the Business Standard: “The machine tools industry in Rajkot has been on the growth mode ever since the industry has changed gears from the last year.” According to the report, “as against a 25% rise in production capacity, order books for the industry have been rising by about 100%.”

During the financial year of 2010-2011, the industry has achieved its set target of Rs 800 Crores for turnover, posting a growth of 30% per annum. The Rajkot based industry has also lately seen support from the United Nations Industrial Development Organization (UNIDO) for technology upgradation.

To promote the Machine Tools Industry and to invite more business to Rajkot, KMG Business Technology and Machine Tools Manufacturers' Association – Rajkot has taken an initiative to organize “The Rajkot Machine Tools Show”, a complete engineering exhibition specifically designed to promote Machine Tools, Machinery, Automation & Automotive Technology and Material Handling.


MORE EVENTS

  • Skill Gaps : Overcoming the Deficit of Skilled Workers

    Understand the importance of skill development and how to close the skill gaps in the workplace. The webinar also discusses how to conduct a skills...

  • India Cold Chain Show 2018

    India Cold Chain Show (ICCS 2018) is the leading exhibition and conference for cold storage, cold logistics, temperature controlling,...

  • India Cold Chain Show 2018

    India Cold Chain Show 2018 truly defines and demonstrates the entire cold chain industry. It is the only show which touches every dimension of the...

  • A3 Business Forum

    The A3 Business Forum is the world’s leading annual networking event for robotics, vision & imaging, motion control, and motor professionals....

  • The 4th Annual China Automotive Cyber Security Summit 2019

    China leading industry event focused on automotive cyber security critical issues; This event has been running for over 4 years; 90% of attendees...

VIEW ALL

RELATED