[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-charting-indias-machine-tool-industry-growth-trajectory-at-emo-hannover":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},580,"Charting India’s Machine Tool Industry Growth Trajectory at EMO Hannover","charting-indias-machine-tool-industry-growth-trajectory-at-emo-hannover","Discover why India is the new frontier for the global machine tool industry. Learn about key growth trends ahead of EMO Hannover 2023.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2023\u002FBild%20header%20indienkongress%20202%2007%2011.jpeg\" alt=\"\" width=\"310\" height=\"156\">India is presently, with over 1.4 billion people, the most populated country on the planet, as well as the largest democracy and the fifth-largest economy with a rapidly developing economy. Over the next four years, the British economic research institute Oxford Economics forecasts annual growth rates of roughly 7 percent for industry and the economy as a whole. It is not surprising that heads of state from all over the world visit New Delhi on a regular basis. Carl Martin Welcker, General Commissioner, EMO Hannover 2023, emphasized ahead of the event that India has become a much sought-after economic partner for the machine tool industry, alongside China.\u003C\u002Fp>\r\n\u003Cp>India is currently the world's seventh-largest machine tool market, which is why Welcker, along with Ravi Raghawan, President, Indian Machine Tool Manufacturers’ Association (IMTMA), will host the EMO ‘India Opportunities - growth and potential of the Indian machine tool market’ conference at the Hannover Exhibition Center on September 20 this year. “The Indian manufacturing industry is on the cusp of experiencing remarkable growth in the coming decades, and machine tools will play a key role in shaping that progress,” explains Raghavan. The aims of the conference, he says, are to highlight the enormous opportunities offered by India’s industries of the future, and to pave the way for business partnerships.\u003C\u002Fp>\r\n\u003Cp>India also holds great potential for international machine tool manufacturers, as the country’s own production levels are just starting to take off. Actually, 45 Indian manufacturers are using EMO Hannover 2023 to promote themselves and their offerings to the world. “The Indian machine tool sector is currently experiencing a surge in expertise and innovation, making it an ideal partner for leading companies in the sector and their suppliers,” adds Raghavan. India’s total demand for machine tools was put at € 2.75 billion in 2022. About 60 percent of this was met by imports. The country’s largest suppliers include China, Japan, Germany, Italy, and USA.\u003C\u002Fp>\r\n\u003Cp> \u003Cstrong>Diversification of supply chains\u003C\u002Fstrong>  \u003C\u002Fp>\r\n\u003Cp>These five countries will also be major exhibitors at EMO Hannover 2023 from September 18-23. “That’s why we expect a lot of interest in our conference. After all, many companies are looking to diversify their supply chains and are keen to find alternatives to existing solutions,” emphasizes Welcker. The panel will feature experts from key client sectors such as the manufacturing and automotive industries, and consultants with expertise in doing business in India. They will be discussing the growth prospects of the Indian industry in different formats. They will also be talking about business opportunities as well as the challenges facing the automotive industry.\u003C\u002Fp>\r\n\u003Cp>The event brings together international exhibitors and visitors, allowing them to network and exchange ideas on doing business in the Indian market. This is a prime example of EMO Hannover living up to its claim of providing an information and dialog platform which covers all topics relating to production technology. The Future of Business Future Insight event will also take a close look at promising growth markets.\u003C\u002Fp>\r\n\u003Cp>The conference will be held from 11:00 to 14:00 on September 20, 2023, in Room 3B at the Hanover Exhibition Center. The admission fee is € 85, which also includes an admission ticket to EMO Hannover.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.emo-hannover.de\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2023\u002FWaT4tHRc3k6y22tSyVNm.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FAugust2023\u002FWaT4tHRc3k6y22tSyVNm.jpg","2023-08-16T06:06:39+05:30","MWM Desk","News",0,"India currently ranks as the world's seventh-largest machine tool market with a 7 percent annual growth forecast.\nA dedicated conference at EMO Hannover 2023 will explore business partnerships and investment opportunities within the Indian manufacturing sector.\nGlobal suppliers are increasingly looking to India to diversify supply chains and meet rising production demands.","India is rapidly emerging as a critical powerhouse in the global machine tool sector. With a 7 percent annual growth forecast and a rising demand for advanced manufacturing, the nation is attracting significant attention from international industry leaders. Ahead of EMO Hannover 2023, industry experts are highlighting why this is the perfect time for businesses to explore new partnerships in the Indian market. Join us on September 20 at the Hannover Exhibition Center for the ‘India Opportunities’ conference, where key stakeholders will discuss scaling production, navigating the automotive sector, and diversifying global supply chains. Whether you are looking to enter the market or strengthen existing ties, this is a must-attend event for the manufacturing community. #EMOHannover #IndianManufacturing #MachineTools","India is emerging as a global machine tool powerhouse. With 7% annual growth forecasted, international manufacturers are eyeing the market for new supply chain opportunities. Join the discussion at EMO Hannover 2023. #MachineTools #Manufacturing","Is India the next big hub for manufacturing? 🇮🇳📈 With a 7% growth forecast and a surge in industrial innovation, the Indian machine tool market is officially on the world stage! EMO Hannover 2023 is bringing together experts on September 20 to talk business, supply chain diversification, and the future of production. If you’re in the manufacturing or automotive sectors, this is the networking event you don’t want to miss. 🛠️✨ Who’s heading to Hannover this year? Let us know in the comments! #EMOHannover #Manufacturing #IndustrialGrowth #IndiaBusiness #TradeShow #GlobalTrade #IndustryNews",{"title":6,"description":8,"keywords":21},"machine tool industry, emo hannover 2023, indian manufacturing market, industrial growth, supply chain diversification, b2b trade exhibitions, manufacturing technology, global trade partnerships, production technology, automotive manufacturing",{"title":23,"slug":24,"imageUrl":25},"EtherCAT Soccer Robots: World Champions Again!","ethercat-soccer-robots-world-champions-again","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2023\u002FpBdEehw1kuCOBr5tdvli.jpg",{"title":27,"slug":28,"imageUrl":29},"EPLAN and Dassault Systèmes Form Technological Partnership","eplan-and-dassault-systemes-form-technological-partnership","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FSeptember2023\u002Fd0PteEXsc9u16JfTKHlF.jpg",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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Achieves Resounding Success at AMTEX - Asian Machine Tool Exhibition 2026","https:\u002F\u002Fwww.youtube.com\u002Fwatch?v=bG9SfWu7sAY","2026-07-28T21:29:47+05:30",{"first":174,"last":175,"prev":107,"next":176},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1012","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=2",{"current_page":110,"from":110,"last_page":178,"links":179,"path":207,"per_page":110,"to":110,"total":178},1012,[180,181,182,183,185,187,189,191,193,195,197,199,200,204,206],{"url":107,"label":114,"page":107,"active":115},{"url":174,"label":117,"page":110,"active":118},{"url":176,"label":120,"page":121,"active":115},{"url":184,"label":124,"page":125,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=3",{"url":186,"label":128,"page":129,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=4",{"url":188,"label":132,"page":133,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=5",{"url":190,"label":136,"page":137,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=6",{"url":192,"label":140,"page":141,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=7",{"url":194,"label":144,"page":145,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=8",{"url":196,"label":148,"page":149,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=9",{"url":198,"label":152,"page":153,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=10",{"url":107,"label":155,"active":115},{"url":201,"label":202,"page":203,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1011","1011",1011,{"url":175,"label":205,"page":178,"active":115},"1012",{"url":176,"label":163,"page":121,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos",{"id":107,"src":209,"path":210,"track_path":107,"alt":211,"raw":212,"ts":213},"\u002Fimages\u002Fassets\u002Ftop_feature.webp","\u002Fcontact-us","Advertise Here","",1785554440,{"data":215,"links":228,"meta":229},[216,217,218,219,220,221,222,223,224,225,226,227],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},{"first":105,"last":106,"prev":107,"next":108},{"current_page":110,"from":110,"last_page":111,"links":230,"path":164,"per_page":165,"to":165,"total":166},[231,232,233,234,235,236,237,238,239,240,241,242,243,244,245],{"url":107,"label":114,"page":107,"active":115},{"url":105,"label":117,"page":110,"active":118},{"url":108,"label":120,"page":121,"active":115},{"url":123,"label":124,"page":125,"active":115},{"url":127,"label":128,"page":129,"active":115},{"url":131,"label":132,"page":133,"active":115},{"url":135,"label":136,"page":137,"active":115},{"url":139,"label":140,"page":141,"active":115},{"url":143,"label":144,"page":145,"active":115},{"url":147,"label":148,"page":149,"active":115},{"url":151,"label":152,"page":153,"active":115},{"url":107,"label":155,"active":115},{"url":157,"label":158,"page":159,"active":115},{"url":106,"label":161,"page":111,"active":115},{"url":108,"label":163,"page":121,"active":115},{"id":107,"src":247,"path":210,"track_path":107,"alt":211,"raw":212,"ts":213},"\u002Fimages\u002Fassets\u002Fside_top.webp"]