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India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers. Demand from automotive customers is growing post the pandemic and is envisaged to touch of pre-pandemic levels of 2018-19.
What’s going on in the automotive industry? Despite Q4’s gains, robot sales in the automotive industry remained slow. While traditionally a strong supporter of robotics, automotive orders declined 15% in 2024 compared to 2023, according to A3. I think there is room to grow in automotive,” he said.
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