WHY INDIA
   
  • The current size of the Indian automation industry is US$ 8.14 billion. The size of this industry is expected to grow at a rate of 13% per annum over the next decade to reach around US$ 120-159 billion by 2016.

  • India ranks 19th in production and 16th in consumption of machine tools in the world.

  • India is one of the largest exporters of machinery pertaining to light and heavy engineering equipments, bulk capital equipments for fertilizer industry, power projects, cement industry, petrochemical manufacturing units, mining equipments, and steel industry.

  • The size of the Indian automotive industry is estimated between US$ 120.09 billion and US$ 155.12 billion by 2016.

  • India is the 2nd largest two-wheeler market and 4th largest commercial vehicle market in the world.

  • The Indian Electronics market is growing at 25% CAGR and is expected to reach US$ 70 billion by 2010 and US$ 158 billion by 2015.

  • The Indian Electronics industry is ranked 26th in the world in sales, 29th in production.

  • The value of Indian electronic contract manufacturing output will increase by 21% per annum to touch $2.03 billion in 2009 from an estimated $935 million in 2005.

  • India represents huge potential for foreign investments in the power sector as the country will account for 11.9% of Asia/Pacific regional power generation by 2011, with a growing generation shortfall that requires rising imports.

  • India is the 11th largest steel producing country in the world

  • There are about 10,000 foundries in India with an annual capacity of about 4 million tones of castings.

  • The Indian forging industry with a size of around Rs.20,000 million, has recorded an average annual growth rate of around 10%.

  • The Indian market for Security and Safety (SS) equipment was around $356 million in 2006 and is expected to grow about 8-10% per year over the next five years.

  • The Indian Plastics machinery sector has achieved a sales turnover of more than US$ 200 million this year.

  • Indian exports of books, printed pamphlets, newspapers & periodicals, job printing and printed materials is estimated to the tune of USD 550 million by this year ending.

  • The average compound annual growth rate in the printing industry has been higher than 12% over the last 15 years.

  • The Pharmaceutical machinery market generates nearly US $ 500 million turnover and 40% of which comes from exports to countries around the globe.

  • Imports in the water equipments constitute approximately $110 million of the $690 million market for municipal and industrial water treatment equipment.

  • 13% of the total export in India in contributed by Chemicals export.

  • Chemical Industry is showing 10% - 12% growth per annum.

  • India a strong player in the generic pharmaceutical market and 2nd largest producer of agrochemicals in Asia.

  • With the emerging amount of air and water pollution from power plants increased pressure on the energy sector to install pollution control equipment.
 
   

Indian market in Machinery & Machine tools Industry...