Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

AMTEX 2017 Concluded Showcasing Technological Innovation in Machine Tool Industry  Join our daily free Newsletter

MENAFN Press - 20/04/2017
No. of Ratings : 0
Add to Mixx!


(MENAFN Editorial) Mumbai, Maharashtra, #India

The demand for Machine Tools is all set to see a 15% growth in 2017

Mumbai, Pune and Nashik will be the top three manufacturing hubs in Maharashtra by 2020

The Indian machine tools industry is valued at 1 billion, just a fraction of the value of the global market at 84 billion

AMTEX 2017, the 2nd Edition of the machine tools exhibition of international standards, concluded after its four-day long affair at Bombay Exhibition Center, Mumbai showcasing a wide array of Machine Tools, Machineries and Allied Products. Experts from length and breadth of the Machine Tool and Manufacturing industry in #India and global participants from Japan, #China and #Taiwan are seen participating in this gleaming event and the value Industry experts estimate India's manufacturing sector to touch US 1 trillion by 2025. The exhibition witnessed 148 Exhibitors which included 29 international participants. The exhibition saw 8260 footfalls of business visitors this year.

Mr. Maulik Patel, Business Development-International, STNL & Mr. Chandrakant Salunkhe, President, SME Chamber of India, Mumbai inaugurating AMTEX 2017 in Mumbai as Mrs. Vilma Pereira, Director - Reed Triune Exhibition Pvt. Ltd. & Mr. Cyril Pereira, Managing Director, Reed Triune Exhibitions Pvt. Ltd. look on

The Exhibition was inaugurated by Mr. Cyril Pereira, Managing Director, Reed Triune Exhibitions Pvt. Ltd., Mr. Maulik Patel, Business Development-International, Sahajanand Laser Technology Ltd. and Mr. Chandrakant Salunkhe, President, SME Chamber of India, Mumbai. Various trade bodies and international leaders also graced the inauguration.

The Indian Machine Tools industry is today valued at 1 billion, just a fraction of the value of the global market at 84 billion. Indian Machine Tool Manufacturers Association (IMTMA) said the Union Budget 2017 will expand the growth of the machine tool industry in India. While #India stands 13th in production of machine tools in the world, it still imports 58% of the machine tools for domestic consumption. Machine tools production in #India increased to INR 4727 crore during 2015-16 from INR 4230 crore in 2014-15, registering a 12% growth. According to Frost & Sullivan, the demand for machine tools is set to see a 15% growth in 2017 and #India is set to become a key player in the global machine tools industry with substantial investments in high-end machine tool manufacturing.

AMTEX has created a highly organized and technologically advanced exhibit in 2017. The 2nd edition of AMTEX in Mumbai was an opportunity for exhibitors bringing together business opportunities, world-class technologies and participants from across the globe to exploe the potential of the machine tool sector in the western region. AMTEX 2017 have provided a platform for global players to help tap these consumption and production hot spots of Western India. In order to help nurture the machine tools industry in India, AMTEX 2017 was the first expo to feature the Business Matchmaking Program, where participants and visitors got together and discussed business prospects.

Mr. Cyril Pereira, Managing Director, Reed Triune Exhibitions Pvt. Ltd.enunciated,'AMTEX 2017 saw valuable participation from across Maharashtra, especially Pune and Mumbai. Though this show was smaller than our Delhi edition, we have served what we promised to our exhibitors, which is exposure to the market in Maharashtra. We have heard many good things about this show from our exhibitors, which makes us very proud and also we are happy to see the enthusiasm that all the domestic and international companies are showing towards the next edition of AMTEX in Delhi. This enthusiasm is equally shared by the AMTEX team and we will see you in Delhi, from 6th to 9th July at Pragati Maidan.

Some of the major companies participated in the event this year were Sahajanand Laser Technology Ltd., Ravik Engineers, Onward Technologies, Werner Finley, Keyence India, Simhope Industrial Co. Ltd. (Taiwan), Hangzhou Hirono Tools Co. Ltd. (China). The visitor response for AMTEX 2017 was overwhelming, with a healthy attendance from end user industries like Cutting tools, Automations Automotive, Power & Electrical Equipment, Textile Machinery and Consumer Goods.

AboutReed Triune Exhibitions Pvt. Ltd.

Reed Triune Exhibitions Pvt. Ltd. has been formed after a Joint Venture between Reed Exhibitions & Triune Exhibitors Pvt. Ltd. Reed Exhibitions is the world's leading event Organizer, with 50 years' experience and a growing portfolio of more than 500 events in 40 countries and a rapidly growing portfolio of events and partners in the economies of Brazil, Russia, India, #China and the Middle East having 34 offices worldwide. Triune Exhibitors Pvt. Ltd. (TEPL) was founded in 2000 and is one of the largest Exhibition organizers in the country today. TEPL's core business is organizing Exhibitions on various subjects like Machine Tools & Engineering, Plastics, Electrical & Power and Printing & Packaging etc. TEPL acts as an interface between government, industry, media and academia in India. The Joint Venture will enable international presence and analyze markets, industries and stakeholders closely and accurately as well as providing proximity to Exhibitors in the Country and abroad.

For more details, kindly visithttp://www.amtex-expo.com.

MENAFN2004201700703220ID1095408312



About NewsVoir

 


MENAFN Press




  MENA News Headlines
 Apr 28 2017 - 10 UAE locals to compete among others for 2 IFBB Pro CardsMENAFN Press
(MENAFN Editorial) EINPresswire.com/ -- 10 UAE locals to compete among others for 2 IFBB Pro Cards Fujairah News; Ten UAE national amateur bodybuilders will compete, among others, for two ...

 Apr 28 2017 - CEO Licensing Authority for RTA Dubai at the Smart Mobility UAE Forum and AwardsMENAFN Press
(MENAFN Editorial) EINPresswire.com/ -- Transportation experts gathered in Dubai last month to discuss smart mobility and highlight the needs in order to achieve Smart City KPIs at the Smart Mobility ...

 Apr 28 2017 - Introducing Digitize FZC: Digital Marketing ConsultantsMENAFN Press
(MENAFN Editorial) Digital Differentiators for marketing strategization and collaboration. Digitize your day with Digital Differentiators— UnknownRIYADH, SAUDIA ARABIA, KINGDOM OF SAUDI ...

 Apr 28 2017 - ITR's report on study of Global Monarchy gives this years title of 'Most Efficient Monarch' to Bahrain's King HamidMENAFN Press
(MENAFN Editorial) International Transparency Report (ITR) based in Geneva, MANAMA, MANAMA, BAHRAIN, April 19, 2017 /EINPresswire.com/ -- ITR conducted a Survey based on country GDP, Cost of ...

 Apr 28 2017 - Lebanese Minister of Energy and Water to Lead Speaker Line Up at Lebanon International Oil & Gas Summit 2017MENAFN Press
(MENAFN Editorial) HE Eng. Cesar Abi Khalil will lead speaker programme at LIOG 2017 BEIRUT, LEBANON , April 4, 2017 /EINPresswire.com/ -- Organisers have confirmed that HE Eng. Cesar Abi Khalil, ...

 Apr 28 2017 - Unite with Tomorrowland Dubai Tickets on SALE NOWMENAFN Press
(MENAFN Editorial) Tickets, Hotel Packages and VIP Tables now available at Platinumlist.net for UNITE with Tomorrowland Dubai DUBAI, DUBAI, UNITED ARAB EMIRATES, April 19, 2017 /EINPresswire.com/ ...

 Apr 28 2017 - The New De'Longhi's Multifry Multicooker Extra Chef Plus for your Ramadan CookingMENAFN Press
(MENAFN Editorial) The three new accessories a bowl with paddle, a bowl without paddle, a grill accessory - and the additional Grill function, will allow you be even more creative with your ...

 Apr 29 2017 - 10 WONDERFUL YEARS! Push Up Wonder Jeans are celebrating their 10th anniversary with a campaign starring Sara CarboneroMENAFN Press
(MENAFN Editorial) Ten years ago, after a deep study of the female body, SALSA became a pioneer in the world of denim when it launched the innovative Push Up Wonder jeans, originally a low-waisted ...

 Apr 29 2017 - Bollywood superstar Kareena Kapoor to launch product line at Beautyworld Middle East 2017MENAFN Press
(MENAFN Editorial) Leading beauty and wellness trade showcase poised to set new participation and attendance records Dubai, UAE, April 29, 2017: Indian superstar actress and leading fashion and ...

 Apr 29 2017 - Bourn Hall Fertility Centre Raises Awareness and Support on Fertility IssuesMENAFN Press
(MENAFN Editorial) Partners with UAE's only IVF and Fertility Support Group to eliminate social stigma attached with infertility April 28, 2017, Dubai, UAE: With the aim to provide education, ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help