About DMTX
The Indian machine tool industry, in FY 2024, recorded an estimated growth of around 10% in production and 11% in consumption year-on-year. The growth story is continuing for the second successive year as industries have a good number of orders. India's manufacturing PMI has continued to stay above the 50 mark denoting expansion in factory activities. The manufacturing landscape is changing with PLI schemes, policies, and strategies, and sectors such as renewable energy, electronics, semiconductors, etc, are in focus. Industries are working towards increasing domestic market share through the localization of imports. Delhi Machine Tool & Manufacturing Technology Expo in its 5th edition will bring high technology and high-value products to the doorsteps of various industries based in the Northern Region.
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The northern region has a significant presence of industrial segments including automobile plant manufacturers, die and mould, general engineering, tractor, energy, and two-wheeler manufacturing companies. The presence of major OEMs and their vendors also makes the region quite significant. Delhi Machine Tool & Manufacturing Technology Expo is a benchmark event in north India for technological and industrial innovations. The expo plays a significant role in addressing the numerous requirements of OEMs and component manufacturers in Tier 2 and Tier 3 regions.
The Indian machine tool industry saw a steady growth of around 10% in production and 11% in consumption in FY 2025
Sustained its expansion in FY 2025, with the PMI consistently above 50, indicating ongoing growth in factory activities.
Focusing on increasing domestic market share by localizing imports, driven by supportive policies and strategic initiatives.
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