AMTEX 2017 concluded successfully with major players of the machine tool industry under one roof
AMTEX 2017, the 2nd edition of the machine tools exhibition of international standards, concluded fruitfully after its four-day long affair from April 12th to 15th at Bombay Exhibition Center, Mumbai. The exhibition showcased 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 participated in this gleaming event.Tweet
- The demand for Machine Tools is all set to see a 15% growth in 2017.
- The Indian machine tools industry is today valued at $1 billion, just a fraction of the value of the global market at $84 billion
- Maharashtra, with a large base of OEMs, is one of the largest consumption centers of machine tools in India.
Many renowned Industry experts estimated India's manufacturing sector to touch US$ 1 trillion by 2025 and will witness 15% growth in 2017. 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 of SME Chamber of India, Mumbai were also present. Various trade bodies and international leaders also graced the inauguration.
In order to help nurture the machine tools industry in India, AMTEX 2017 featured the Business Matchmaking Program in Mumbai, where participants and visitors got together and discussed business prospects. 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 explore the potential of the machine tool sector in the western region. Out of the 1,000 companies in the machine tools sector, 400 were Original Equipment Manufacturers (OEMs). Maharashtra, with a large base of OEMs, is one of the largest consumption centers of machine tools in India.
Mr. Cyril Pereira, Managing Director, Reed Triune Exhibitions Pvt. Ltd enunciated, " "
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).
Notes to Editor
About REED 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 visit - http://www.amtex-expo.com