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Selected industry news

2008 2007 2006

News articles

Our selection of news articles is intended to provide additional insight into the development of the Machine Tool industry in emerging economies.

2007-12-20

China: Machine tool show set for 2008

In 2008, the Beijing Olympics will welcome its grand opening in Beijing, China. Meanwhile, to comply with the flourishing demand of machine tools, machine tool industry will have two major events: EASTPO 2008 and CCMT (China CNC Machine Tool Fair).

CHINA.ORG.CN [© China.org.cn]

2007-12-11

India: Jyoti CNC acquires Huron Graffestaden

Huron Graffestaden S.A.S., France, is reputed across Europe for its state of art five axis machining centers. These machines cater to the Aerospace industry in particular. The rich clientele comprises ruputed companies like Boeing, Airbus, NASA, BMW, Volkswagen, Daimler Chrysler, Fiat, Toyota, Volvo etc.

MACHINIST.IN [© MACHINIST]

2007-11-26

Vietnam: Mould-making industry urged to go high-tech

Vietnam needs to use more advanced technologies in its mould-making industry, especially computer and automation technologies.

VNS [© Vietnam News Agency]

2007-11-07

China: JIER leads in machine tools

The first 1,000-ton heavy-duty servo press machine tool, DDC servo and heavy-duty computer numerical controlled (CNC) machine tools, produced by the JIER Machine Tool Group Co in Ji'nan, capital of Shandong Province, have made their debut.

People's Daily Online [© People's Daily Online]

2007-10-03

India may become Sandvik's global manufacturing base

Swedish precision tools and mining equipment major Sandvik AB is looking at its India subsidiary Sandvik Asia as an integrated partner with an increasing role in its global business.

Business Standard [© Business Standard Ltd.]

2007-10-01

India: Rolling on

The slowdown in the domestic auto industry has had its impact on the auto component industry. The extent of this weakness would hurt companies that only make parts used in the auto industry. For companies like NRB Bearings, which have a wider range of application beyond automobiles, there is still a chance to diversify revenues.

Business Standard [© Business Standard Ltd.]

2007-09-10

India: In tool control

Not long ago, most machine tool companies in India preferred importing high-speed computer numeric control (CNC) machines from European nations. Until Jyoti, a small Rajkot-based company, launched an indigenously developed high-speed CNC machine at half the cost of imported European machines.

The Economic Times [© Times Internet Limited]

2007-09-03

Chinese lathes and machining centres shown

The first showing of Chinese-built Dalian machine tools at EMO 2007 will include conventional lathes, flat bed CNC lathes, slant bed CNC lathes and vertical and horizontal machining centres.

Manufacturingtalk [© Pro-Talk Ltd]

2007-08-13

India: Punjab showcases latest innovations at machine tools expo

Punjab, an emerging leader in the machine tools manufacturing sector, recently made its presence felt at the 'India Machine Tools Show - 2007'.

DailyIndia.com [© DailyIndia.com]

2007-07-13

India: HMT to enter strategic sectors

HMT is planning to foray into strategic sectors of railways, defence and aerospace and is negotiating with foreign firms to acquire technology for the purpose.

The Economic Times [© Times Internet Limited]

2007-07-12

India: 'We want a footprint outside India' ― Interview with Nirmal Bhogilal

From a sector with miniscule numbers, the Indian machine tool industry has come a long way to be recognized as a provider of cost-effective high quality lean manufacturing solutions “ enhancing productivity as well as improving competitiveness” of its users.

The Financial Express [© Indian Express Newspapers (Mumbai) Ltd.]

2007-05-26

India: Rajkot company takes a big leap, plans European buyout

Jyoti CNC, a Rajkot-based company, is set to take over a high-precision machine tools manufacturer in Europe, catering mainly to the European aviation industry.

The Economic Times [© Times Internet Limited]

2007-05-12

India: Rajkot machine tools sector aims to double turnover in 3 years

The machine tools industry in the Rajkot district aims to double its turnover to Rs 1,200 crore within the next three years. Currently, the total turnover of the industry is pegged at Rs 600 crore. Speaking to FE, Rupesh Mehta, Machine Tools Association, said that in order to double turnover, the association would chalk out an export-oriented strategy as well as try to expand the reach of the industry, locally.

The Financial Express [© Indian Express Newspapers (Mumbai) Ltd.]

2007-04-25

India: HMT subsidiary plans turnaround by FY08

HMT Machine Tools, a subsidiary of the Bangalore-based HMT group, is expecting to make a turnaround in 2007-08. The firm recently secured a Rs 880-crore revival and restructuring package.

Business Standard [© Business Standard Ltd.]

2007-04-22

China: Imports threaten China's economy

A senior Chinese industry official has warned the country's economy and national defence are at risk from a reliance on imported key components for machine tools.

Chinadaily.com.cn [© China Daily]

2007-04-20

Taiwan is pushing the envelope on machine tool building

In mid-March, I attended the annual Taiwan International Machine Tool Show in Taipei, and was honored to be asked to be a judge in a competition between machines that were made in Taiwan, the Third Taiwan Machine Tools Industry Award for Excellence in Research and Innovation.

American Machinist [© Penton Media, Inc.]

2007-04-02

Swiss manufacturing industry eyes Chinese talent

Twenty-two outstanding students from 11 Chinese engineering universities will be invited to visit the booths of 70 Swiss manufacturers at the forthcoming 10th China International Machine Tool Exhibition in Beijing.

XINHUA online [© Xinhua News Agency]

2007-03-15

Taiwan's machine tool mega industry

Taiwan President has announced that the government will develop Taiwan's machine tool industry into a 'mega sector' able to generate a production value of NT$1.1 trillion per year by 2009.

American Machinist [© 2007 Penton Media, Inc.]

2007-03-05

Taipei machine show slated for March 12-17

The 2007 Taipei International Machine Tool Show, held  under the auspices of the Taiwan External Trade Development Council (TAITRA) and the Taiwan Association of Machinery Industry, is expected to bring together some 700 domestic and foreign machinery manufacturers, hitting historic highs.

The China Post [© The China Post]

2007-02-09

Asia Pacific will be major supplier of machine tools by 2009

The Asia Pacific region will be a major supplier of machine tools and accessory products, accounting for almost half of the global machine tool demand by 2009.

BERNAMA.com [© BERNAMA]

2007-01-31

India's most prestigious awards for machine tools players and equipment designers from CMTI-PMT Trust announced

The Central Manufacturing Technology Institute Bangalore and the D L Shah Trust for Applied Sciences, Technology, Arts and Philosophy, today gave away the awards for the best creative designers of machine tools and equipment as part of IMTEX 2007.

PR LEAP [© Condesa, Inc.]

2007-01-06

Bangalore hosts its first IMTEX– South Asia's largest machine tool exhibition

IMTEX 2007, the largest exhibition of machine tools and manufacturing solutions in South & South East Asia, is being held for the first time ever in South India and in Bangalore, the hub of the machine tool industry.

FastPitch [© Fast Pitch!]

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