Hyderabad : With an aim to bring together Micro, Small, Medium and Large organizations under one roof in the arena of machine tools and process engineering, HITEX is organizing two events in Hyderabad from September 4 2014. The 5th Hyderabad International Machine Tool Expo 2014 (HIMTEX 2014) and 3rd Process Engineering Expo 2014 is slated to be held from 04-06 September 2014 at HITEX Exhibition Center, Hyderabad

The Twin Exhibitions will be formally inaugurated by Mr. Etela Rajender, Minister for Finance Government of Telangana on 4th September.

The purpose of organising these expos is to contribute in the growth of machine tool and engineering product manufacturers in small scale industry of the country. Since Process Engineering Expo is dedicated to process plants and equipments for the core sector, the region with large presence of cement industry and upcoming investments in power sector provides a great opportunity,”

Unlike all other machine tool expos, HIMTEX 2014 will be highly focused on MSMEs in the state of Telangana. “The outlook for the year 2014 – 15 is promising mainly because of the brisk Government investment in infrastructure, especially the building of a national network of highways, the easy availability of finance in semi – urban and rural areas and the use of India as an export hub by some of the auto majors

HIMTEX 2014 and Process Engineering Expo 2014 aims at providing a platform for face-to-face interaction between the manufacturers / suppliers and the buyers. The expo will host over 100 exhibitors like NMDC, FL Smith, BFW, Though India ranks seventh in machine tools consumption globally in value terms ($1.74 billion) as against China at $27 billon, Germany $5 billion and Japan $4.5 billion, the country ranks 13th in terms of production in value terms at $500 million and 27th in exports, with China, Germany and Japan dominating the top three positions. Indian machine tools industry is able to meet about 40% of the total consumption and had generated revenues of nearly Rs. 10,000 crore in 2010-11 fiscal.