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THE NEEDS OF THE INDIAN MACHINE TOOL CUSTOMER
The Machinist
|July 2021
According to a recent report from market research company Technavio, the Indian machine tool market will grow by $1.9 billion between 2020 and 2024 – representing a CAGR of 13 per cent. India hosts many small, medium, and large users of CNC technology, in particular machine tool OEMs, and the country’s SME (small and medium-sized enterprises) scene is particularly vibrant. Of course, Indian machine tool builders have needs that are specific to the Indian market. Many are focused on cost, but Indian machine tool manufacturers also need a technological edge.
What’s in a good CNC product
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