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Blog India Machine Tool Industry

Posted on 17th May, 2018

India is one of the largest producer of machine tools in the world. The machine tools industry consists of manufacturing units, of which few are in the organized sector and international companies.

The Indian machine tool sector has had a stagnant growth since the beginning of 2000 as an investment in the manufacturing sector slowed down considerably. Later, the Indian Engineering Sector, especially the automotive sector, witnessed increased investments as global majors started to outsource manufacturing to India. This led to a spurt in demand for machine tools. The machine tool industry, since then, has been growing at a healthy rate. The machine tool Industry in India is now in a position to export general purpose and standard machine tools to even industrially advanced countries. With the index of industrial production touching new highs and emphasis on capital investment by the government, the machine tool industry is all set to witness unprecedented growth in the near future.

Machine Tool Industry can be classified to the types of machines i.e. metal cutting and metal forming. Both the types of machines can be further classified into manually operated machines and numerically controlled. As awareness about new technology is increasing, more and more people are opting for more advanced NC and CNC machines manufacturing in India.

Today, the increasingly sophisticated CNC machine manufacturing in India is driven by demand from key user segments, such as automobiles and consumer durables, the aerospace etc.

Indian CNC machine tool manufacturers have responded to the demand by focusing on improvement in capability and performance in technology, design and product development. Most CNC machine manufacturers in India have adopted new manufacturing techniques, like TPM, TQM, and Six Sigma, to deliver world-class manufacturing solutions.

Premier is one such CNC machine manufacturer in India. This CNC Machine manufacturer division in India has pioneered several industry-pertinent processes in the country with expertise and a track record of excellence. Premier’s core strength is excellent service, with a strong emphasis on quality and value.