DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/tp9sg4/computer) has announced the addition of the "Computer Numerically Controlled Machine Tools Market in India 2013" report to their offering.
The CNC Machine Tools Market in India is part of Netscribes' Manufacturing Series reports. The market will be boosted by the increase in adoption of CNC machine tools owing to its multiple advantages over conventional machine tools.
The report provides detailed information about the exports and imports of both CNC metal cutting and CNC metal forming machines in terms of value. This section also includes an import chain analysis of CNC machine tools.
Factors driving the growth of CNC machine tools market in India are also explained in detail. Healthy economic outlook stimulates the adoption of CNC machine tools. Growing demand for automobiles and auto components are one the major factors influencing the growth of the CNC machine tools market. Well established foundry industry in India provides a major opportunity for market growth. Growing capital goods industry and robust medical equipment market has also facilitated the market to grow further.
The players operating in the market also face challenges which are hampering their development and growth. Import dependency for critical CNC components act as major impediments for this market. High cost of CNC machines also presents a major challenge for market growth. Depreciation of currency coupled with lack of skilled labour poses major hindrances in the growth of the CNC machine tools market.
The report concludes with a section on strategic recommendations which comprises an analysis of the growth strategies of the CNC machine tools market in India.
Companies Mentioned
Public
- Batliboi Limited
- HMT Limited
- Lakshmi Machine Works Limited
- Premier Limited
- Wendt India Limited
Private
- Ace Designers Limited
- Bharat Fritz Werner Limited
- Jyoti CNC Automation Private Limited
- Doosan Infracore India Private Limited
- HAAS Automation India Private Limited
For more information visit http://www.researchandmarkets.com/research/tp9sg4/computer