India’s Growth in Industrial Market

Europe’s industrial revolution changed the way we see the world today. This revolution replaced man power with machines and made production faster.
By: Rasia Sharma
 
Sept. 7, 2011 - PRLog -- Europe’s industrial revolution changed the way we see the world today. This revolution replaced man power with machines and made production faster. During this period Indian economy was based on weavers and craftsmen which were small-scale industries. But today, India is one of the leaders in Industrial components manufacturers. Almost every engineering product in India gives employment to millions of Indians as it is our country’s forte.

India’s economy is still largely dependent on its industrial supply. Many cities are given the status of industrial cities that every year manufacture various goods and have become major industrial components exporters. Major reasons of growing Industrial suppliers in India are:

• CHEAP LABOR
• SHIFTING OF WESTERN COUNTRIES FROM MANUFACTURING TO BUYING FINISHED GOODS: engineering components manufacturers have benefited greatly in India as western countries consider it a cheap deal to buy products from Indian companies.
• Engineering sector is bullish in India and Advanced Technologies used for manufacturing of engineering equipments that are used in water and waste water plants, martial handling system and silo feeding and extraction system.
• Indians are good at meeting deadlines and can deliver large supplies as large industries manufacturing process has become much faster owing to better production techniques improving the efficiency and resulting into increased production.

The peak of industrial revolution has opened new doors for new machines and equipments to be designed and developed by individuals that can be used for specific applications. The most common uses of machines in the industry are for materials handling and processing. Moreover various machinery are designed for the packaging and storage of finished products as well. The industrial components exporters in India also cater to the wide range of needs of various other countries that faces a shortage in the supply of industrial machinery. This has proved to be quite beneficial for the machine tools exporters. With so much reliance on industrial equipments and machinery, the professionals required mainly for troubleshooting, maintenance and repair has also increased to a large extent.

The world today has revolutionized into an industrialized world and undeniably machines have made life easier not only in large industries but even in small household applications. There are indeed a lot of benefits that these machines bring to men.

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