FOR IMMEDIATE RELEASE
Machine tools industry witnessing gradual transition towards CNC machines, finds Netscribes
Netscribes Inc launches report titled ‘Computer Numerically Controlled Machine Tools Market in India
2013’ as a part of Netscribes’ Manufacturing Industry report series
Mumbai, India – February 4, 2013 – Knowledge consulting solutions firm Netscribes has announced the
launch of its report on Computer Numerically Controlled Machine Tools Market in India for the year
2013. The report focuses on the market which is expected to be boosted by the increase in adoption of
CNC machine tools owing to the multiple advantages that it offers over conventional machine tools.
It begins with an introduction which provides a classification of the machine tools market. It also includes
a brief description of the evolution of CNC machines in the Indian market. The market overview section
provides a brief snapshot of the machine tools market in India. It is followed by an overview of the CNC
machine tools market in India with focus on the market size and growth. This section also highlights the
production of CNC machine tools in terms of both value and volume.
The next section provides an overview on the various CNC machine tools application and CNC technology.
It highlights the advantages of CNC machines adoption and provides a brief description of the major
components of CNC machine system. It also contains a brief overview of CNC programming and the role
of computer based system. Various applications of CNC machine tools are also incorporated in this
It is followed by a section on CNC machine tool hubs focusing on the major CNC machine tool hubs
spread across the Indian geography.
The report provides detailed information on the exports and imports of both CNC metal cutting and CNC
metal forming machines in terms of value. This section also includes an import chain analysis of CNC
Factors driving the growth of CNC machine tools market in India are also explained in detail. Whereas, a
healthy economic outlook stimulates the adoption of CNC machine tools, growing demand for
automobiles and auto components is yet another major contributor, influencing growth of the CNC
machine tools market in India. The well established foundry industry, ever growing capital goods industry
and the robust medical equipment market also provide major opportunities for market growth.
The major players in the CNC market face a number of challenges which are hampering their
development and growth. Import dependency for critical CNC components act as major impediments for
this market. High cost of CNC machines present a major challenge for market growth. Depreciation of
currency coupled with lack of skilled labour also serves to be major hindrances.
Initiatives required to promote the development of the CNC machine tools market has also been included
in Netscribes’ CNC machine tools market in India report. Technology denial and its counter measures
along with the fiscal measures needed for the development on the CNC machine tools market have been
highlighted in this section.
The competition in CNC market section begins with the Porter’s Five Forces Analysis, illustrating the
competitive rivalry, bargaining power of suppliers and buyers and threat of new entrants and substitutes.
It outlays the competitive landscape of the CNC machine tools in India briefing about the domestic
players existing in the market. The report also features brief profiles of major domestic and foreign
players and a snapshot of their corporation, financial performance along with the key financial ratios,
CNC market fiscal measures, business highlights and product portfolio with an insight into the existing
The report concludes with a section on strategic recommendations which comprises of an analysis of the
growth strategies of the CNC machine tools market in India.
For more details on the content of each report and ordering information please contact:
Tel: +91‐ 33 4027‐ 6214/6215
About Netscribes, Inc.
Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele
across the globe. The company’s expertise spans areas of investment & business research, business &
corporate intelligence, publishing services and customized knowledge database creation. At its core lies a
true value proposition that draws upon a vast knowledge base.
Netscribes, Podar Center, 85 Parel Post Office Lane, Off Dr. Ambedkar Road, Parel (East)
Mumbai 400 012, Maharashtra, India.