BUILDING RESILIENT MANUFACTURING SUPPLY CHAINS

Global manufacturing stands at the threshold of a defining transformation, where resilience and reliability are emerging as the new hallmarks of industrial strength, alongside cost competitiveness and economies of scale.Global manufacturing stands at the threshold of a defining transformation, where resilience and reliability are emerging as the new hallmarks of industrial strength, alongside cost competitiveness and economies of scale.

Source: IMTMA

In an era shaped by geopolitical realignments, volatile energy markets, and evolving trade corridors, industries worldwide are reimagining their supply chains with renewed urgency. The focus is shifting toward building robust regional capabilities, diversifying sourcing networks, and creating ecosystems that can withstand disruption while sustaining growth and innovation.For India, the rapidly evolving global landscape presents a significant opportunity. As one of the world’s fastest-growing major economies, India is steadily emerging as a preferred manufacturing destination. Backed by a widening industrial base, sustained infrastructure development, a strong focus on manufacturing, a skilled workforce, policy continuity, and a vibrant domestic market, the country is building momentum across industries and enterprises.

Machine Tools at the Core of Industrial Growth

At the heart of this transformation lies the Machine Tool industry which serves as the backbone of manufacturing. Machine tools play a pivotal role across the Capital Goods, Automotive, Aerospace and Defence, Railways, Electronics, Medical Devices, General Engineering, and other sectors. As industries continue to modernize and expand capacity, advanced machine tools and allied technologies will play an important role in sustaining growth. Simultaneously, global supply chain realignments are prompting nations to build stronger domestic ecosystems for critical industrial technologies and components. Similar trends are unfolding across industries, with localization and supply chain resilience increasingly emerging as strategic imperatives.

Strengthening Indigenous Capabilities 

India’s machine tool market has continued to demonstrate encouraging momentum. Industry estimates indicate that the Indian Machine Tool industry recorded production growth of around 10 percent during FY 2025–26, with exports also registering growth, reflecting improving global competitiveness and rising confidence in Indian manufacturing capabilities. Industry leaders believe that this momentum further underscores the importance of strengthening domestic capabilities and building resilient supply ecosystems for the future.According to Mohini Kelkar, President, Indian Machine Tool Manufacturers’ Association (IMTMA), a deeper focus on indigenous technologies, reliable systems and products, and critical components will further enhance the competitiveness of the Indian Machine Tool industry while laying a stronger foundation for sustained industrial growth. To realize the vision of Aatmanirbhar Bharat and strengthen India’s long-term manufacturing competitiveness, there is a growing need to build indigenous capabilities in CNC controls, servo drives, spindles, tooling, precision castings, and AI-based systems. Nurturing these capabilities locally will strengthen supply chain resilience, accelerate innovation, and support the evolving aspirations of modern manufacturing. 

Collaboration and Innovation to Drive the Next Phase 

Collaboration across the manufacturing ecosystem is poised to shape the industry’s next phase of growth. Jibak Dasgupta, Director General & CEO, IMTMA, notes that the evolving global manufacturing landscape is creating fresh opportunities for India’s Machine Tool industry to advance through stronger partnerships, innovation, and technology-led growth.Greater collaboration between industry and academia, supported by enabling government initiatives, can further accelerate technology development, skill enhancement, and innovation across the Manufacturing sector. For the Machine Tool industry, this is a defining moment to deepen capabilities, foster innovation, and strengthen its contribution to India’s manufacturing and export aspirations.

Source: Magic Wand Media