Machine Tools Sector in India

Posted By Team MCG On

Machine Tools

Machine tools contribute to the overall manufacturing output and play a vital role in a country’s industrial development. The machine tools sector is well established in India with the domestic industry is capable of producing a wide range of tools. Historically, the country has been a net importer of machine tools. Large investments in the manufacturing sector coupled with Government support in terms of conducive fiscal and trade policies as well as promoting research & development, skill development will ensure faster growth of the domestic machine tools industry.

There are close to 1000 units in India manufacturing machine tools, accessories, sub-systems and parts Major hubs for the manufacture of machine tools include Mumbai & Pune (Maharashtra), Ludhiana, Batala, Jalandar (Punjab), Bangalore and Mysore (Karnataka), Coimbatore and Chennai (Tamil Nadu), Ahmedabad, Baroda, Rajkot, Jamnagar and Surendranagar (Gujarat).

Machine tools classification

Machine tools classification

Source: Department of Heavy Engineering, GoI

The demand for of machine tools in India reached INR 113 billion in 2012-13, growing annually at around 16% since 2009-10. The domestic production accounts for only 33% of the demand and the remaining 77% is met through imports. Automobile sector, die and mould, industrial machinery are the key end user sectors of machine tools in India. Defence, power and railways are the other end user sectors. High-speed machining, near-dry machining, machining with minimum lubrication are some of the latest trend in the machine tools sector.

Imports of machine tools in India stood at INR 76 billion in 2012-13. Machine tools are imported from Spain, Switzerland Japan, Germany, Italy, South Korea, China and USA.

Machine tools: Products and key players

Machine tools: Products and key players

Source: Department of Heavy Engineering, India