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India's machine tool demand surges, Japanese firms seek growth as Chinese competition intensifies

Chiang, Jen-Chieh, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: AFP

India's growing economy and the make-in-India initiative have spurred significant demand for machine tools in electronics, automotive, and semiconductors, prompting Japanese manufacturers to expand in India, although Chinese firms have overtaken them...

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