Hyderabad, May 2022…..South India’s biggest B2B (Business to Business) Industrial and Machinery Expo will be held at Hitex from 13th to 15th May for 3 days. It is regarded as one of the biggest expo on Industrial Machinery and Engineering products post pandemic.
The Exhibition is organised by IndoMach Business Solutions and it is supported by Powertex Power Tools, Hyderabad. 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.
More than 150 exhibitors from across India and few select countries will participate in the expo. 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 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!
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.
500 delegates and 20,000 business visitors are expected to participate in the same.
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.