ENGIMACH 2021 – THE GLOBAL ENGINEERING & TECHNOLOGY MARKETPLACE

ENGIMACH 2021 – THE GLOBAL ENGINEERING & TECHNOLOGY MARKETPLACE

Preemptively navigating the global marketplace prepares for more successful globalization. With ENGIMACH, we aim to allow businesses in the engineering and manufacturing industry to traverse their full potential, tap possibilities, and gain initiatives. Organised by K & D Communication Ltd, it’s a platform to see, understand and learn where the industry is heading to.

INDIA - THE NEXT MANUFACTURING DESTINATION

Identically, the country is the next manufacturing destination with a tech-savvy and educated population, skilled labour, robust legal and IPR regime. It is well supported by the Engineering Export Promotion Council, initiatives like Make-in-India, Skill India, and favourable demographic dividends. India has made significant strides towards developing its engineering sector. Our ranking in the last World Bank's – Ease of Doing Business Index, has made a giant leap of 30 positions – from 130th in 2016 to the 100th spot in 2017. The government has relaxed the excise duties has been relaxed on factory gate tax, capital goods, consumer durables, and vehicles. This step could possibly boost the manufacturing sector.

The Indian engineering and technology sectors has an increased investments in infrastructure and industrial production over the last few years. The engineering sector, closely associated with the manufacturing and infrastructure sector, is of strategic importance to India's economy. The global marketplace, however, needs immediate unprecedented opportunities for organizations wishing to draw their next steps to growth.

IMPORTANCE OF ENGIMACH AND OTHER INDUSTRIAL TRADE SHOWS

Benefits of participating in global trade shows

The pandemic has put the entire world on a tailspin. Since today’s economies are more interconnected than ever, the dependency resulted in dwindling businesses, cutting off trading around the globe. Companies began to grasp hold domestically to anchor their financial and operational needs. Now that the world is crawling back to normal, industrial exhibitions like ENGIMACH & other trade fairs are more crucial. It could be the accelerator our economy needs. We can re-institute our global chains and stir our limited capabilities of domestic markets to worldwide customers and vendors.

The global marketplace directly correlates with improved employment opportunities. It means that it can revive opportunities lost while still contributing to competing with business rivals. These global and domestic rivals include the ones that are larger in terms of infrastructure, market share, capital and assets, brand awareness and value. It’s essential to connect with subject experts, consultants, industry insiders, and potential employees. This would subsequently help in expanding in the market and find allies in the domestic market. Expansion turns convenient if we keep tabs on information and play our cards right. India can recover the losses from the pandemic.

ENGIMACH – AN OPEN MARKETPLACE FOR MANUFACTURING AND ENGINEERING SECTORS

Markedly, ENGIMACH has been one of the prime contributors to the development of the machine tools industry, which enables its participants and visitors with cutting-edge and powerhouse technology that stands for engineering excellence, innovation, quality, and reliability. The showcase at ENGIMACH has offered a quintessential launchpad for new ideas, products and services. With a conducive environment for forging joint ventures and collaborations, it has over 1,00,000 business visitors. The number altogether includes corporate intrapreneurs, savvy technocrats, ancillary producers, product manufacturers and beneficiaries in the Engineering, Machine Tools & Automation Industry.

Register for ENIGMACH 2021