On the sidelines of the event, Frost & Sullivan unveiled its exclusive white paper themed Smart & Sustainable Manufacturing - Changing Era of Indian Manufacturing in partnership with AMTEX followed by a series of conference sessions led by the crème de la crème of the industry. There are currently almost 700 machine tool manufacturers in India of which the top 25 players contribute a 70 percent share. The demand is growing at CAGR 15 percent annually of which about 60 percent of the demand is addressed by imports currently annually with tremendous boost from the Make in India initiative. Domestic production has shown a strong growth of 24.1 percent in FY 2014-15 over FY 2013-14.

Cyril Pereira, Managing Director, Reed Triune Exhibitions Pvt. Ltd enunciated, "AMTEX 2016 acts as the seamless platform for exhibitors bringing business opportunities, world-class technologies and enthusiastic participants from across the globe to present new technologies, to enhance productivity and to produce/manufacture and invest in India. One platform to bring all the relevant sectors and high-end technologies of the industry like aerospace, automobiles, defense, electrical and electronics, material handling etc. The forecast of the global machine-tool market projects a 5.5 percent annual growth rate through 2019, driven particularly by expanding demand in China and other developing nations. India is perhaps all set to expand its reach to the global market to become a key player in the global machine tools industry."

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