India's large demand for construction machinery will give an opportunity to the Chinese market

In recent years, with the gradual slowdown in the pace of economic development in China, the development of construction thrust roller bearing machinery industry has entered a more difficult course, but we look to look to neighboring countries, with a large number of infrastructure projects undertaken to increase their demand for construction machinery and equipment, and our good performance engineering machinery products and cost-effective, as they are the best choice, which for China's construction machinery enterprises, is undoubtedly a better market is another.

It is understood that in the next five years, India will be focused mainly on the infrastructure piece, as the major driving force to accelerate the transformation of the economy, continued growth in the face of India's upcoming future infrastructure projects, which brought a huge market for construction machinery in India opportunities, but subject to various factors and constraints, the current development of construction machinery manufacturing industry in India is also relatively weak.

It is understood that, in India, the local purchase of construction machinery should be at least two years to properly put to use, while in China's construction machinery purchased only need six months to properly put into use, by contrast, China's construction machinery and equipment and Compared to India, more competitive and better able to meet with a large number of Indian construction machinery market demand.
Has experienced five consecutive years of 30% of the market growth, the Indian machine tool industry is facing a sharp decline in demand caused by customer demand declined. Despite such challenges, machine production in India is still basically the same as in previous years to maintain growth, including 86% of the contribution from the metal cutting machine tools, metal forming machine tools rest.

Faced with the global economic downturn, the Government of India in order to restore and maintain the momentum of industrial growth has also taken a series of positive responses.

CNC machine tools in India occupies about 65 percent of all sales in the machine. Throughout the slim ball bearing industry, lathes, machining centers, special machines, presses and grinders accounted for 80% of India's total 2008 production of machine tools, manufacturing evolving pushed to the status of India's ninth largest machine tool consumer market. Promote the growth of new industries demand for large machine tools, leading to increased imports. Speaking on metal processing machines, imported products accounted for 75% of India's domestic market share throughout. From the macroeconomic point of view, in April 2008 to March 2009 global economic downturn in the year, India's economy is smooth, and its gross domestic product growth of more than 5%. In the previous three years, India's GDP has maintained a continuous growth of more than 9% of the situation, making it the world's second-fastest economic growth in the country.

From the competitiveness of the industry itself, the Indian machine tool has the following characteristics: India and abroad promising users the ability to provide high-performance machine tools; efforts into high productivity, high efficiency, more cost competitive industry; attaches great importance to the quality of ; to establish close relationships with suppliers and integration of secondary suppliers; actively with the automotive industry, the defense industry and other customers to communicate.