印度机械工业市场前景及投资研究报告-培训课件外文版2024.5

INDUSTRIES

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MARKETSMachineryindustryinIndiaCHAPTER

01OverviewRevenueofcapitalgoodsandengineeringsectorinIndiabetween2015and2019withforecastof2025(inbillionU.S.dollars)RevenueofcapitalgoodsandengineeringsectorinIndia2015-2025140120100115.179280604020070462015201720192025*3Description:Therevenueofcapitalgoodsandengineeringservicesamountedto92billionU.S.dollarsacrossIndiain2019.Thisvaluewasforecasttoreachover115billiondollarsby2025.Thedevelopmentinindustrializationandtheeconomyensuresgrowthinthismarket.ReadmoreNote(s):India;2015to2019;*Forecast.Datafrompreviousreportshasalsobeenused.ReadmoreSource(s):IndiaBrandEquityFoundation;IndianElectrical&ElectronicsManufacturers’Association;MinistryofHeavyIndustries;NASSCOM(India)AveragecapacityutilizationofcapitalgoodsproductioninIndiafrom3rdquarteroffinancialyear2019to4thquarteroffinancialyear2023CapacityutilizationofcapitalgoodsproductioninIndiaFY2019-2023,byquarter90%81%80%70%60%50%40%30%20%10%0%76%75%75%74%74%73%72%72%72%67%64%53%Q3FY19Q4FY19Q1FY20Q2FY20Q3FY20Q4FY20Q1FY21Q2FY21Q3FY21Q1FY22Q4FY22Q3FY23Q4FY234Description:Inthefourthquarteroffinancialyear2023,theaveragecapacityutilizationofcapitalgoodsproductioninIndiawasaround81percent.Itwasasignificantincreasefromthepreviouslyreportedquarter.Afluctuationcouldbeobservedduringthepresentedperiod.Thiscouldbeattributedtotheimpactofthecoronaviruspandemic.ReadmoreNote(s):India;Q3FY2019toQ4FY2023Source(s):FICCIWholesalePriceIndexofmachineryandequipmentacrossIndiafromfinancialyear2013to2023WholesalePriceIndexofmachineryandequipmentinIndiaFY2013-2023130125120126.2120114115113.1111.3109.2108.9110105100108.3107.9105.8103.6FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY20235Description:TheWholesalePriceIndexofmachineryandequipmentacrossIndiaduringfinancialyear2023wasmorethan126.Thepriceindexvalueofmachineryincreasedbyabout26percentfromthebasefinancialyearof2012.Anoverallincreaseinthepriceindexwasseenovertheyearsfromfinancialyear2013inthecountry.ReadmoreNote(s):India;FY2013toFY2023;baseFY2012=100Source(s):OEA(India)ExportvalueofmachineryfromIndiainfinancialyear2023,bytype(inmillionU.S.dollars)ValueofmachineryexportedfromIndiaFY2023,bytypeExportvalueinmillionU.S.dollars02,0004,0006,0008,00010,00012,000ElectricmachineryandequipmentIndustrialmachineryfordairy,foodprocessingandtextilesInternalcombustionenginesandpartsOtherconstructionmachinery10,962.228,517.363,627.892,407.52,369.6ATMandinjectionmoldingmachineryMedicalandscientificinstrumentsAirconditioningandrefrigeratormachineryPumps(alltypes)2,209.581,636.051,319.56952.38HandtoolsandcuttingtoolsCranes,liftsandwinches812.77800.29693.97AccumulatorsandbatteriesMachinetoolsElectrodeaccumulator70.1827.44Primamicaandmicaproducts6/statistics/652856/export-value-of-machinery-by-type-indiaAmongthevariouskindsofmachineryexportedfromIndiainfinancialyear2023,electricmachineryandequipmenthadthehighestvalue,followedbyindustrialmachineryfordairy,foodprocessingandtextilesvaluedatovereightbillionU.S.dollars.ReadmoreNote(s):India;FY2023Source(s):DepartmentofCommerce(India);DGCI&SValueofelectricalandnon-electricalmachineryimportedintoIndiafromfinancialyear2011to2023(inbillionIndianrupees)Importvalueofelectricalandnon-electricalmachineryintoIndiaFY2011-20234,0003,5003,654.242,977.683,0002,669.232,645.592,5002,225.182,121.271,930.191,908.062,0001,5001,0005001,712.141,673.891,639.081,586.211,190.5FY20110FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023*7Description:Infiscalyear2023,Indiaimportedelectricalandnon-electricalmachineryworthmorethan3.65trillionIndianrupees.Therewasmostlyanincreasingtrendinthevalueofimportsinthissectorfromfiscalyear2011to2023withdipin2021,mainlyduetotheimpactofthecoronaviruspandemic.ReadmoreNote(s):India;FY2011toFY2023;*provisionalSource(s):DGCI&S;ReserveBankofIndiaCHAPTER

02ProductionProductionvalueofheavyelectricalequipmentinIndiafromfinancialyear2014to2021(intrillionIndianrupees)ProductionvalueofheavyelectricalequipmentIndiaFY2013-20212.01.91.81.761.81.691.591.61.41.21.00.80.60.40.20.01.441.371.28FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY20219Description:TheproductionvalueofheavyelectricalequipmentacrossIndiawasabout1.7trillionIndianrupeesinfiscalyear2021,downfromapproximately1.8trillionrupeesfromthepreviousfiscalyear.Between2016and2021,compoundannualgrowthrateofthesectorwasat3.12percent.ReadmoreNote(s):India;FY2014toFY2021Source(s):MinistryofHeavyIndustries;Varioussources(Industrialassociations)ProductionvalueofearthmovingandminingmachineryinIndiafromfinancialyear2016to2022(inbillionIndianrupees)ProductionvalueofearthmovingandminingmachineryIndiaFY2016-202245038940035030025020015010050318310.2290.21286.742501850FY2016FY2017FY2018FY2019FY2020FY2021FY202210Description:TheproductionvalueofearthmovingandminingmachineryacrossIndiawasapproximately286billionIndianrupeesinfiscalyear2022,downfromaround310billionrupeesinfiscalyear2020.Themachinetoolandheavyengineeringsectorformsapartofthecapitalgoodssegment.Theindustryprovidedapproximately1.4milliondirectandsevenmillionindirectemploymentopportunities.By2022,theIndianelectricalequipmentindustrywastargetedtoreachamarketsizeof100billion[...]

ReadmoreNote(s):India;FY2016toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)Productionvalueofdyes,moldandpresstoolsinIndiafromfinancialyear2009to2022(inbillionIndianrupees)Productionvalueofdyes,moldandpresstoolsIndiaFY2009-2022180160160.68150147.5146.47137.93136136.82134.2114012010080131.28127.89124.85122.94110.58110.86040200FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202211Description:Theproductionvalueofdyes,mold,andpresstoolsacrossIndiawasaround131billionIndianrupeesinfiscalyear2022.Thisindustrywasconcentratedinthesouthernandwesternpartsofthecountry.TherewassomepresenceinDelhiaswell.Thisindustryhadplayersofallsizes,whichcateredtodifferentneeds.ReadmoreNote(s):India;FY2009toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ProductionvalueofprintingmachineryinIndiafromfinancialyear2011to2022(inbillionIndianrupees)ProductionvalueofprintingmachineryIndiaFY2011-2022180169.16160.69157.4816014012010080139.86132.15129.68126.78123.9108.25100.5884.3969.766040200FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202212Description:TheproductionvalueofprintingmachineryacrossIndiawasaround132.15billionIndianrupeesinfiscalyear2022.Mostplayersinthiscategorybelongedtosmallandmedium-scaleenterprises.SomeofthemostwidelyproducedmachinesunderthiscategoryinIndiawereweboffsetmachines,UVcoatingcuringmachines,flexographicprintingmachines,screenprintingmachines,etc.Themachinetoolandheavyengineeringsectorformsapartofthecapitalgoodssegment.Theindustry[...]

ReadmoreNote(s):India;FY2011toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ProductionvalueofmachinetoolsinIndiafromfinancialyear2009to2022(inbillionIndianrupees)ProductionvalueofmachinetoolsIndiaFY2009-20221201008096.1293.0772.9466.0261.5258.036047.2642.9942.338.854020034.8124.1616.5614.24FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202213Description:TheproductionvalueofmachinetoolsacrossIndiawasover93billionIndianrupeesinfiscalyear2022.Sincefiscalyear2015,theproductionvalueofthisindustrywasincreasingcontinuouslyuntil2020.Thedecreasewasmainlyduetotheimpactofthecoronaviruspandemic.Thisindustrywasoneofthemostimportantindustryasotherindustriesheavilyreliedonthisindustry.ReadmoreNote(s):India;FY2009toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ProductionvalueoftextilemachineryinIndiafromfinancialyear2009to2022(inbillionIndianrupees)ProductionvalueoftextilemachineryIndiaFY2009-20221401201001178069.66968.6567.7565.866.561.556.5604020053.5552.850.9342.4540.63FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202214Description:TheproductionvalueoftextilemachineryacrossIndiawasat117billionIndianrupeesinfiscalyear2022.Thisindustrywasdominatedbysmallandmedium-sizedplayers.Majorlyweaving,spinning,winding,andprocessingmachinesweremanufactured.Themachinetoolandheavyengineeringsectorformapartofthecapitalgoodssegment.ReadmoreNote(s):India;FY2009toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)CHAPTER

03TradeExportvalueofheavyelectricalequipmentinIndiafromfinancialyear2014to2021(inbillionIndianrupees)ExportvalueofheavyelectricalequipmentIndiaFY2013-2021700600500638.39606.98529.1416.77392.8385.84003002001000354.18292.27FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY202116Description:TheexportvalueofheavyelectricalequipmentacrossIndiawasabout638.4billionIndianrupeesinfiscalyear2021,upfromapproximately607billionrupeesfromthepreviousfiscalyear.Between2016and2021,thecompoundannualgrowthrateofexportswasat10.6percent.ReadmoreNote(s):India;FY2014toFY2021Source(s):MinistryofHeavyIndustries;Varioussources(Industrialassociations)ExportvalueoffoodprocessingmachineryinIndiafromfinancialyear2014to2022(inbillionIndianrupees)ExportvalueoffoodprocessingmachineryIndiaFY2014-202280706050403069.1845.5527.3726.8625.622.6221.9922.0121.7820100FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202217Description:TheexportvalueoffoodprocessingmachineryacrossIndiastoodat69.18billionIndianrupeesinfiscalyear2022.Duringtheperiodbetween2016and2021,thecompoundannualgrowthratefortheimportvaluewas15.66percent.Someofthemachinesproducedunderthiscategoryincludedmilkinganddairymachines,bakerymachinesmixers,grinders,cookerstonameafew.Themachinetoolandheavyengineeringsectorformsapartofthecapitalgoodssegment.

ReadmoreNote(s):India;FY2014toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ExportvalueoftextilemachineryinIndiafromfinancialyear2009to2022(inbillionIndianrupees)ExportvalueoftextilemachineryIndiaFY2009-20225045403530252042.9136.6533.0729.3925.5624.6624.3823.5122.7715.2315.12158.831056.615.560FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202218Description:TheexportvalueoftextilemachineryacrossIndiawasat42.9billionIndianrupeesinfiscalyear2022.Thisindustrywasdominatedbysmallandmedium-sizedplayers.Majorlyweaving,spinning,winding,andprocessingmachinesweremanufactured.Themachinetoolandheavyengineeringsectorformapartofthecapitalgoodssegment.ReadmoreNote(s):India;FY2009toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ImportvalueofheavyelectricalequipmentinIndiafromfinancialyear2014to2021(inbillionIndianrupees)ImportvalueofheavyelectricalequipmentIndiaFY2013-2021800715.7679.67700583.54583.366005004003002001000559.87556.08552.91539.86FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY202119Description:TheimportvalueofheavyelectricalequipmentacrossIndiawasabout583.4billionIndianrupeesinfiscalyear2021,downfromapproximately679.7billionrupeesfromthepreviousfiscalyear.Between2016and2021,thecompoundannualgrowthrateofimportswasat1.56percent.ReadmoreNote(s):India;FY2014toFY2021Source(s):MinistryofHeavyIndustries;Varioussources(Industrialassociations)ImportvalueoftextilemachineryinIndiafromfinancialyear2009to2022(inbillionIndianrupees)ImportvalueoftextilemachineryIndiaFY2009-2022140120126.35108.34106.87103.05100.9810092.7388.5885.6280.9676.4375.9980604020053.1544.1143.57FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202220Description:TheimportvalueoftextilemachineryacrossIndiawasat126billionIndianrupeesinfiscalyear2022.Thisindustrywasdominatedbysmallandmedium-sizedplayers.Majorlyweaving,spinning,winding,andprocessingmachinesweremanufactured.Themachinetoolandheavyengineeringsectorformapartofthecapitalgoodssegment.ReadmoreNote(s):India;FY2009toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)ImportvalueofprintingmachineryinIndiafromfinancialyear2011to2022(inbillionIndianrupees)ImportvalueofprintingmachineryinIndiaFY2011-20221009089.2289.6983.2277.3477.248070.5168.147063.8160.82605040302010048.6938.0133.47FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202221Description:TheimportvalueofprintingmachineryacrossIndiawasaround77.24billionIndianrupeesinfiscalyear2022.Mostplayersinthiscategorybelongedtosmallandmedium-scaleenterprises.SomeofthemostwidelyproducedmachinesunderthiscategoryinIndiawereweboffsetmachines,UVcoatingcuringmachines,flexographicprintingmachines,screenprintingmachines,etc.Themachinetoolandheavyengineeringsectorformsapartofthecapitalgoodssegment.Theindustry[...]

ReadmoreNote(s):India;FY2011toFY2022Source(s):MinistryofHeavyIndustries;Varioussources(Industryassociations)CHAPTER

04InvestmentsProposedinvestmentvalueintheindustrialmachinerysectorinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueintheindustrialmachinerysectorinIndia2011-20226056.465040302010047.834.7225.8624.7124.7722.32201219.08202115.86201515.79201614.69201712.04202020112013201420182019202223Description:TheproposedinvestmentvalueintheindustrialmachinerysectorinIndiafor2022amountedtoabout25billionIndianrupees,asignificantincreasefromthepreviousyears.Theseinvestmentscameundertheindustrialentrepreneurmemorandumswhichaimedtopromotebusinesses.ReadmoreNote(s):India;2011to2022Source(s):DepartmentforPromotionofIndustryandInternalTrade(India)ProposedinvestmentvalueinthemachinetoolssectorinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueinthemachinetoolssectorinIndia2011-20221210.35109.638.117.98644.914.062.792.42.262.1420.460.21020112012201320142015201620172018201920202021202224Description:TheproposedinvestmentvalueinthemachinetoolssectorinIndiafor2022amountedtoabout2.8billionIndianrupees,muchlowerthanthepreviousyear.Theseinvestmentscameundertheindustrialentrepreneurmemorandumswhichaimedtopromotebusinesses.ReadmoreNote(s):India;2011to2022Source(s):DepartmentforPromotionofIndustryandInternalTrade(India)ProposedinvestmentvalueinagriculturalmachineryinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueinagriculturalmachineryinIndia2011-20223531.3630252015107.276.736.543.85502.742.171.921.4110.460.0920112012201320142015201620172018201920202021202225Description:TheproposedinvestmentvalueintheagriculturalmachinerysectorinIndiafor2021,amountedtoonebillionrupees.Itwasahugedecreaseincomparisonwiththepreviousyear.Theseinvestmentscameundertheindustrialentrepreneurmemorandumswhichaimedtopromotebusinesses.ReadmoreNote(s):India;2011to2022Source(s):DepartmentforPromotionofIndustryandInternalTrade(India)ProposedinvestmentvalueintheearthmovingmachinerysectorinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueintheearthmovingmachinerysectorinIndia2011-202240353025201510357.796.346.01502.651.771.010.810.590.540.73020112012201320142015201620172018201920202021202226Description:TheproposedinvestmentvalueintheearthmovingmachinerysectorinIndiafor2021amountedtoabout1.77billionIndianrupees,higherthaninthepreviousyear.Theseinvestmentscameundertheindustrialentrepreneurmemorandumswhichaimedtopromotebusinesses.ReadmoreNote(s):India;2011to2022Source(s):DepartmentforPromotionofIndustryandInternalTrade(India)ProposedinvestmentvalueinthescientificinstrumentssectorinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueinthescientificinstrumentssectorinIndia2011-202297.988765432102.221.931.741.481.40.50.360.3600020112012201320142015201620172018201920202021202227Description:TheproposedinvestmentvalueinthescientificinstrumentssectorinIndiafor2022was500millionIndianrupees,anincreasefromthepreviousyear.Theseinvestmentscameundertheindustrialentrepreneurmemorandumswhichaimedtopromotebusinesses.ReadmoreNote(s):India;2011to2022Source(s):DepartmentforPromotionofIndustryandInternalTrade(India)CHAPTER

05ElectricalequipmentindustryValueoftheelectricalequipmentmarketinIndiafromfinancialyear2017to2021withestimatesuntil2025(inbillionU.S.dollars)ValueoftheelectricalequipmentmarketinIndia2017-202580707260505040302010027.3212017201820212025*29Description:ThevalueoftheelectricalequipmentmarketinIndiaamountedtoaround50billionU.S.dollarsinyear2021.Thiswasanincreasecomparedtothepreviousyearsandwasestimatedtoreach72billiondollarsby2025.

ReadmoreNote(s):India;2017to2021;*Forecast.Datafrompreviousreportshasalsobeenused.ReadmoreSource(s):IndiaBrandEquityFoundation;IndianElectrical&ElectronicsManufacturers’Association;MinistryofHeavyIndustriesLeadingelectricalequipmentcompaniesinIndiaasof2023,basedonnetsales(inbillionIndianrupees)LeadingelectricalequipmentcompaniesinIndia2023,basedonnetsalesNetsalesinbillionIndianrupees60

8002040100120140160180168.68HavellsIndiaSiemens148.32AparIndustries131.67ABBIndia85.68CGPowerandIndustrialSolutionsHitachiEnergy65.844.6940.535.9V-GuardIndustriesSuzlonEnergyGET&DIndia27.73SchneiderElectricInfrastructure17.7730Description:HavellsIndiawastheleadingelectricalequipmentcompanyinIndiabasedonnetsaleswithabout168billionIndianrupeesasofNovember2023.SiemensIndiawasthesecondleadingelectricalequipmentcompanyinthecountry.SiemenswasfoundedinthecityofKolkatain1922inIndiaReadmoreNote(s):asofNovember2023Source(s):MoneycontrolWholesalePriceIndexofelectricalequipmentacrossIndiafromfinancialyear2013to2023WholesalePriceIndexofelectricalequipmentinIndiaFY2013-2023135130125120128.8122.3113.6115111.7111.3109.5109.6109110105100108.2104.8103.4FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202331Description:Attheendoffiscalyear2023,theWholesalePriceIndexofelectricalmachineryacrossIndiawasapproximately129.ThismeantanincreaseintheWPIofabout28percentfromthebaseyearof2012inthecountry.

ReadmoreNote(s):India;FY2013toFY2023;baseFY2012=100Source(s):OEA(India)ProposedinvestmentvalueintheelectricalequipmentsectorinIndiafrom2011to2022(inbillionIndianrupees)ProposedinvestmentvalueintheelectricalequipmentsectorinIndia2011-20229,0007,7858,0007,0006,0005,0004,0003,0002,0001,00001,766.120201