EMO 2017 Spotlight on the Indian industry at EMO
India - MM India takes a brief look at how India is stepping up to global expectations in terms of industrial growth and the acknowledgement as a strong manufacturing hub with its particiaption at EMO Hannover 2017.
EMO, organised by the German Machine Tool Builders Association (VDW), is one of the world’s leading trade shows in the manufacturing world and will be held in Hanover from 18-23 September. This event has been predicted to break its own previous records, with over 1700 exhibitors from 40 countries spread over 152,000 m2 of exhibiting space. EMO General Commissioner Carl Martin Welcker noted: “It looks very much like EMO Hannover 2017 will end up with a record number of exhibitors.” While these figures are notable, what stands out this year as well is that the number of exhibiting Asian companies have also grown – and in fact accounts for more than one fifth of the total exhibitors.
If we talk of Asia, the country that currently stands tall in terms of its industry and growth is of course India. More than thirty Indian companies will be showcasing their technologies and manufacturing prowess at the event, among which are names like Ace Manufacturing, Jyoti CNC, Grind Masters and UCAM. The Engineering Export Promotion Council of India (EEPC) is also organising an Indian pavilion at the event, exhibiting companies and technologies focusing on machine tools, additive manufacturing, precision tools, process automation amongst a host of others.
EMO Focus India
One of the highlights of EMO Hannover 2017 will be the conference “EMO Focus India”, slated for 20 September. VDW and its prognosis partner Oxford Economics see India as a leading machine tool market, and it is with this backdrop that the Focus on India conference has been organised. Noted speakers from the Indian machine tools, machine building and aerospace sectors will air their views and present keynote speeches, followed by a hosted podium discussion.
Managing Director, EMO Hannover, Christoph Miller, explaining the importance of India in the global industry, commented: “Currently India is the only BRIC nation to report significant growth in industrial production output and capital investment. In the machine tool industry, it ranks eighth among the world’s largest markets. India also has a high amount of machine tool imports and EMO Hannover 2017 will once again be focusing on the country as an attractive high potential market. India’s economy is currently going faster than other industrial countries. The manufacturing sector contributes only 15% of the nation’s GDP and hence there is enormous potential for growth.”
This article appeared in www.maschinenmarkt.international.