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Machine tool industry bucks the slowdown trend

The machine tools industry is always the first to be affected in a slowing economy and the last to recover during a revival. However, bucking this trend for the first time, the Indian machine tool......

Machine tool industry bucks the slowdown trend

India, the emerging global machine tool hub

India is set to become the next global machine tool powerhouse, likely to see substantial high-end machine tool manufacturing, even as China keeps its lead in lower end volumes. In the last month,......

Machine tool park likely near Bangalore

The domestic machine tool industry is poised for a quantum jump, thanks to the boom in the manufacturing sector. However, the industry is faced with a huge demand-supply gap, particularly because......

How Indian firms can cut costs

Lean management is the only way for the Indian manufacturing sector to minimise cost and build world-class quality and service, according to Venu Srinivasan, chairman and managing director, TVS......