Rise of Indian automotive market
The Indian automotive industry became the 4th largest market in the world with sales increasing 9.5% year-on-year (excluding two wheelers) and the 7th largest manufacturer of commercial vehicles in 2017. Indian automotive industry (including component manufacturing) is expected to reach US$ 251.4-282.8 billion by 2026 and India itself is expected to become world leader in two-wheeler and four-wheeler markets by 2020. That of course have direct relation to increase in machinery demand. Last year orders for metal cutting machine tools grew over 15%. And the forecasts predict maintained growth of CAGR of 10% in next 3 years.
How to utilize newest metalworking technologies to become supplying powerhouse at auto component market.
International Automotive & Motorcycle Parts Manufacturing Summit serves as an annual platform to exchange ideas around the impact of market dynamics and new technologies on manufacturing operations and supply chains. The Summit will create an opportunity to examine on how lean manufacturing, new machining technologies, automation & digitalization, and skill upgradation can drive the manufacturing facilities to success. Join the in-depth discussions to build your road-map in achieving innovation, maximizing manufacturing profitability, optimizing plant floor operations and driving successful OEM-supplier networks for improved productivity and cost reduction across multiple automotive manufacturing facilities.
This conference is also an opportunity to learn about factory automation, digitalization, robotization, machine connectivity and other emerging technologies – in short, how to upgrade your Factory to a Smart Factory and not only be ready, but become the leader of Industry 4.0 automotive manufacturing.
Pune, Maharashtra, India
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