Industrial and Machinery Expo :Telangana is industry friendly : TSTDC
Industrial and Machinery Expo | South India’s biggest B2B (Business to Business) Industrial and Machinery Expo kicked off at Hitex on Friday.
The three-day fare will go on till May 15. The expo, which is regarded as one of the biggest expo on Industrial Machinery and Engineering products post pandemic, was inaugurated on Friday morning by Uppal Srinivas, Chairman, TSTDC (Telangana State Tourism Development Corporation).
The Exhibition organised by IndoMach Business Solutions and supported by Powertex Power Tools, Hyderabad received overwhelming response. Over 125 exhibitors from across India and abroad are participating. Like human beings, even machines, tools, engineering products are designed smart, sleek and their appearance is more improvised, shared Sumit Porwal, Sudhir Bhole, Sachin Sharma and Manish Sinha, Managing Partners of the IndoMach Expo. Machines are competing with human beings in their smart appearance and their efficiency also improved many fold, they added.
Talking to the media after the inauguration, Uppal Srinivas said Telangana is an industry friendly State. Its industrial policy is well appreciated all over the country. The TS-iPASS, certification service to establish industries, manufacturing, and services, in Telangana, is highly appreciated.
Industrial and Machinery Expo
The process which allows a single mechanism for doing business with the State, including obtaining required permissions within stipulated timelines, resulted in more investments coming into the State. He urged people to come forward and set up industry in Telangana.
The smart, sleek, efficient, beautiful looking, automated and intelligent tools, machinery is the hallmark of the three-day expo, which is considered as the biggest expo on machine tools in South India.
De Neers showcased giant size tools, Roots Multiclean displayed industrial, domestic ride on scrubbers, floor cleaning machines. Stanley Trucks displayed sleek folding, platform and hand trolleys.
The Exhibition is a showcase of Engineering Products and Services, Heavy and light Machines, Machinery Equipments and accessories, Tools and Part Technological Devices, Products, Engineering Tools and allied Products & Services.
Some of the exhibitors include: Powertex Power Tools, Koike India, Yuri Power tools, Eastman Cast and Forge, Roots Multiclean, Bhavya Machine Tools, Universal Water Chemicals, Saimona Compressor, Gurudutta cnc, Nisha Engg, De Neers Tools, Eibenstock, Taparia Tools., Bosch Power Tools, Ashlok Earthing, Aditya Robotics, Trucut, Eltek Motors, NBE Motors and many more. Powertex Power Tools, one of the major exhibitors is a Hyderabad based company known as one of India’s power tools Suppliers. Its focus is “do-it-yourself” tools. Its main distribution center at Hyderabad also features India’s largest Hand Tools & Power tools parts department with over 10,0000 parts in stock at all times!
Another exhibitor, KOIKE is an acknowledged Leader in the manufacture of machine tools that use ‘Gas Energy’. It has pioneered the development of ‘Plasma’ and ‘Laser’ Cutting Machines and commercialized State of the Art automated systems using CNC controls that kept pace with the latest market needs.
Advancements in hardware and software are changing the machine tool industry. Industry trends in the coming years are likely to focus on advancements, especially as they pertain to automation. The machine tool industry is expected to see advancements in: Inclusion of smart features and networks; Automated and IoT-ready machines, Artificial intelligence (AI); CNC software advancements. Smart machine tools and robotics will likely handle a greater percentage of the work in industrial settings as technology advances. Especially in those situations where the work is too dangerous for human beings to perform, automated machine tools will become more widely used.
India occupies 10th position in global machine tools production. Its share in global production is about 0.9 percent, informs IndoMach in a press note issued in the city today. The machine tools market in India is poised to grow by $1.9 billion by 2020-24, progressing at a CAGR of nearly 13 percent during the forecast period. India is set to become a key player in the global machine tools industry and is expected to see substantial increase in high-end machine tools manufacturing.
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