India's strong economy continues to grow at nine percent per annum. Thus India is currently the second largest market for automobiles and has the second largest printing industry in the world after China. India is one of only three countries which manufacture high-performance computers. There is growing interest in India as a sales market and location for manufacturing and services internationally. And domestic market growth is demonstrated by the increase in imports from Europe and elsewhere. The demand for cutting-edge production technology is particularly high. The fact that English is the business language, coupled with favourable conditions for doing business, makes the decision to enter the vast market of the Indian subcontinent an appealing prospect.
The expansion of the country's manufacturing sector has generated increasing demand for power transmission and control technology. An import quota of 75 percent in the power transmission and control technology sector clearly illustrates that demand cannot be met by domestic production. Foreign suppliers automatically benefit from this huge market potential. Ongoing market deregulation, liberalised currency controls and easy access to raw materials make India very attractive to investors. Discover one of the world's key growth markets!
|At a Glance: MDA INDIA|
|Dates:||10 - 13 December 2014|
|Venue:||Pragati Maidan, New Delhi|
|Attendees:||11,374 in 2013 (between CeMAT, MDA, IA, Surface Technology & Industrial Supply events)|
|Exhibitors||314 in 2013 (between CeMAT, MDA, IA, Surface Technology & Industrial Supply events)|