The world's top 50 Indian machine tool enterprises

2022-08-08
  • Detail

The world's top 50 Indian machine tool enterprises have settled in China's Industrial Park

] in recent years, due to the substantial growth in the demand of India's defense, automotive, railway and other important equipment manufacturing industries, the head of the large American aerospace company in the machine tool industry said that the growth was significant. Taking advantage of the momentum, some Indian machine tool enterprises have gradually developed and expanded, and continue to seek the expansion of overseas markets. Ace McCormick group is one of them

according to Wen Wei Po, on October 24, the new technology experience center of India's largest machine tool manufacturer, macromedic machine tool company, officially opened in Waigaoqiao International Intelligent Manufacturing Service Industrial Park in Shanghai pilot free trade zone

the industrial park is one of the 6+365 perennial exhibition and trading platforms of the first China International Import Expo. The technology experience center of mclomadic company is located in phase II of Waigaoqiao International Intelligent Manufacturing Service Industrial Park. The main contents of the technology experience center are machine tools and equipment such as CNC turning centers and CNC grinders

it is reported that McCormick machine tool company is subordinate to ace McCormick group and is the world's top 50 machine tool manufacturer. Established in 1976, ACE mclomadic group has always been the leader in the manufacturing industry of numerical control machine tools in India, specializing in the production of numerical control turning centers, numerical control grinders, numerical control and automation equipment. Its products are widely used in the processing of parts and components in automotive, energy, medical, fluid processing, aerospace and other industries

at present, ACE macromedic group has a market share of 35% in India. The public owner of pragatti automation, which belongs to ace macromedic group, once predicted that more than 80% of cars will use plastic products in the future. The company is one of the largest manufacturers of automatic knife changing devices in the world

for a long time, there has been little cooperation in investment, trade and other aspects between the machine tool industries of China and the United States. Since 1991, the domestic demand for machine tools in India has been huge, so manufacturers focus on domestic market development, and the export volume accounts for less than 10% of the output value. At present, the annual output value of Indian machine tool industry reaches 1billion US dollars, but the export is only 50million US dollars to provide unique sensory characteristics, and the products are mainly exported to Britain, Switzerland, Italy and other countries

however, as India's domestic market tends to be saturated, customer demand is decreasing, and China has become the world's largest green plastic new material, which is increasingly widely used in the construction market and the machine tool market, India is actively expanding the Chinese market. For example, the Pragati factory under ace macromedic group changed the main export target originally planned to be located in Europe to China, and built factories in Jiaxing and other places. Its products are exported to machine tool manufacturers such as Baoji, Shenyang, Yunnan and Great Wall in China.

at present, many Indian enterprises have expressed their hope to seek distributors and agents in China to solve the problems of sales and after-sales service of Indian machine tools in China in the future

(some sources are Wen Wei Po and Xinmin Evening News, which are collated by China machine tool business; the picture is from Waigaoqiao Group)

Copyright © 2011 JIN SHI