(Forgot your password?)?
News 

India Targets 10% Global Power Tool and 25% Hand Tool Supplies by 2035

India_Targets_Global_Power_Tool_Hand_Tool_Market_Share_2035_9134_0.jpg
Add to my favorite
2025-05-15
     India aims to capture 10% of the global power tool supply and 25% of the hand tool supply, targeting USD25 billion in combined exports over the next decade. The global trade market for these tools is projected to grow from USD100 billion to USD190 billion by 2035, with hand tools rising from USD34 billion to USD60 billion and power tools from USD63 billion to USD134 billion. India currently holds a 1.8% share in hand tool exports (USD600 million) and 0.7% in power tool exports (USD470 million).
 
     The report recommends establishing 3 to 4 world-class hand tool industry clusters under public-private partnerships, aggregating 4,000 acres with plug-and-play infrastructure, worker housing, and streamlined facilities. Key reforms include rationalizing import duties on raw materials like steel, simplifying export schemes, and revising labor laws. Without reforms, an additional 8,000 crore (USD960 million) in bridge support is deemed necessary, expected to generate 2 to 3 time returns in tax revenue. Achieving these goals could create 3.5 million jobs, positioning India as a high-quality global manufacturing hub.
印度
手工具
電動工具
市場份額
供應
公私合夥模式
產業聚落
改革措施
資金支援
製造中心
India
hand tool
power tool
market share
supply
public-private partnerships
industry clusters
reform measures
capital support
manufacturing hub
德國杜塞道夫線材展
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
緊固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
Save and share