India, a nation that is rapidly competing with world powers is also gaining global attention from investors, especially in automation and manufacturing technology.
Indian machine tool manufacturers now have the chance to broaden and diversify their product offerings as well as grow more quickly in order to gradually reduce imports as a result of the current demand for capital goods and infrastructure development.
The advent of the pandemic posed some challenges but with swift government policies, and collateral-free loans for MSMEs, the automation industry is back on an upward growth track.
Furthermore, a number of foreign businesses are establishing their production operations in India due to the country’s lower costs of labour and raw materials as well as taxes.
These firms now have additional expansion options to increase the size of their domestic customer base. India is now exploring new oil and gas fields due to the country’s rising energy consumption, which is anticipated to have a beneficial impact on the market’s expansion.
Fostering design and development talents have led to the creation of new products and technologies, allowing the industry to anticipate a period of rapid expansion.
INVEST IN GUJARAT
Within India, Gujarat is in the spotlight and has gained a reputation as an investor-friendly state.
Gujarat is India’s leading industrial state in terms of manufacturing capacity, investment opportunities, operating special economic zones and other locations that are friendly to industrial setup, logistics and connectivity infrastructure, opportunities for emerging sectors like renewables and financial services, and a stable policy environment.
This status of the state is reflected in the economic contribution it makes to the country. The western coastal state, with a GDP of US$240 billion, ranks second among India’s states (2021-22 estimate).
Gujarat has made the most of its advantages, bringing in a total of $30 billion in FDI during the 2020–2021 fiscal year, accounting for an outstanding 37% of all FDI to India during that time.
One reason is that it has a long coastline, which makes it a key export site. Additionally, it has good road connections to Delhi and is next to Maharashtra, the nation’s most industrialised state, which has a strong industry.
Gujarat has experienced the development of a wave of transportation infrastructure during the last few decades. Currently, the state operates 17 operating airports, including one international airport, and 42 ports, including the significant port of Kandla.
In 2022–2023, it is anticipated that the Gujarat state GDP (GSDP) will increase to US$280 billion. Gujarat produces around 20% of India’s industrial output, 20% of its exports of goods, and 40% of India’s cargo passes via its ports.
Additionally, the state has a strong local industrial ecosystem, which will attract foreign businesses looking to expand their supply chains and form alliances in the nation.
Gujarat offers cutting-edge infrastructure and a steady, business-friendly regulatory environment.
Hence, Gujarat is the platform for one of India’s largest automation and manufacturing technology exhibitions, ENGIMACH. With a legacy of 25 years, ENGIMACH is all set to return with its 16th edition in December 2023.
ENGIMACH is a major contributor to the growth of the automation and manufacturing technology industries, a platform to make alliances, joint ventures, and collaborations easier, a springboard for innovations, goods, and services and is known for its high calibre of visitors and exhibitors
In each edition, the products and services displayed are a testimony to engineering excellence, innovation, quality, and reliability. Reimagine automation
● Machine Tools – Cutting
● Welding Equipment & Consumables
● Industrial Supplies
● Machine Tools – Forming
● Hydraulics & Pneumatics
● Newly Launched & SPMS
● Machine Tools Accessories
● Additive Manufacturing
● Surface Finishing & Blasting
● Precision Tools
● Tube & Pipe Technology
● Power Tools & Hand Tools
● Gears, Motors & Drives
● Robotics & Automation
● Fastener & Hardware
● Air Compressor
● Pumps & Valves
● Testing & Measuring
● ITES (Software)
● Material Handling, Storage & Logistics
● Industrial Safety
INSPIRE. INNOVATE. IDEATE
With more than 35 participating countries, ENGIMACH 2023 is the platform to inspire the industry, innovate technology and ideate the future of the automation and manufacturing sector.
The previous edition witnessed 10,000 innovative products, 12010+ CEOs, 2000+ engineers, and 500+ exhibitors. Having generated 1545 Cr business, ENGIMACH is already declared as a pre-Vibrant Gujarat Global Summit 2022 event and aims to take things a notch higher in the 16th edition.
WHY SHOULD YOU EXHIBIT AT ENGIMACH 2023?
● Biggest Stage To Demonstrate Your Innovations
● Find The Right Buyers
● Network With Experts From 35+ Countries
● Interact With The Best Minds In The Industry
● Accelerate Growth For Your Products
Apart from displaying the future of automation and manufacturing technology, ENGIMACH 2023 will also serve as a platform to network and interact with industry stalwarts from more than 30 countries.
HELIPAD EXHIBITION CENTRE
The grandiose event will be held at a venue befitting the legacy of ENGIMACH. T
The Helipad Exhibition Centre was built to fulfil the demand for cutting-edge infrastructure capable of hosting prestigious international events. HEC has hosted some of India’s most exciting summits and exhibitions.
It is conveniently positioned in the lush green, tranquil surroundings of Gandhinagar, the well-connected capital of Gujarat, which is a major contributor to national GDP and exports and a leader in several sectors.
● 100,000 sq. m. Exhibition Area
● 13 Exhibition Halls
● 10,000 Car Parking Space
● Multiple Connectivity Options
ENGIMACH 2023 is ready to welcome the future of automation and manufacturing technology. Become part of a legacy and apply today!