MOLDEX India and FASTNEX are expected to drive growth in India’s estimated US$6.5 billion moulding and US$7.5 billion fastener and fixing industries. These industries play major roles in India’s economy and have a big impact on employment and GDP.
MOLDEX India 2024 and FASTNEX aim to play a pivotal role in driving this growth by bringing together key stakeholders, fostering collaboration, and showcasing innovations.The fastener and fixing industry is expected to grow at a CAGR of over 8 per cent, while the moulding industry is predicted to grow at a CAGR of over 7 per cent.
MOLDEX India 2024 is in strategic alignment with major government programs like PLI Scheme (Production Linked Incentive), Made in India, and FAME India (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles). These programs offer a strong foundation for advanced product development and expansion into associated industries.
MOLDEX India 2024, with its emphasis on tools, patterns, and mould making, fits in perfectly with the ever-changing demands of the electronics, construction, and automotive industries. Simultaneously, the fastener and fixing industry’s FASTNEX 2024 is essential for tying together industries such as furniture, construction, automobiles, and infrastructure. When MOLDEX India 2024 and FASTNEX 2024 are combined with IMTEX Forming, ToolTech, and WeldExpo, they form a comprehensive hub for every aspect of manufacturing.
MOLDEX India 2024 is supported by industry experts dedicated to improving manufacturing capabilities, profitability, and productivity. These associations include the Indian Machine Tools Manufacturers Association (IMTMA), All India Association of Industries (AIAI), VDMA (German Engineering Association), Peenya Industries Association (PIA), AMSI, and CIPET.
FASTNEX 2024 has received significant support from key fastener industry associations, including the Fastener Manufacturers Association of India (FMAI) and the Fasteners Association of India (FAI). With this support, the event will be in line with industry developments and cater to the particular requirements of the fastening community.
India, the world’s second fastest-growing major economy and sixth-ranked manufacturing nation, offers ideal conditions for these exhibitions to spur economic growth. The exhibitions provide a strategic platform for showcasing and witnessing the latest technology and innovation in the machinery, mould, and pattern-making sectors, with US$ 320 billion in merchandise exports annually.
These exhibitions, which are put on by Messe Stuttgart India, a well-known brand in the trade show and exhibition sectors, are dedicated to negotiating the complexity of the manufacturing and fastening industries.
Scheduled to unfold their offerings from January 19-23, 2024, at BIEC, Bengaluru, these premier international trade fairs are poised to have a revolutionary impact.
