Description
The 5th Machine Tools and Automation Industry Exhibition (MTAP 2009) will once again exhibit indigenous, collaborated and imported cutting edge technology related to machine tools and automation. In addition, it will display the latest foundry equipments and technology to provide the participants with an even more comprehensive look at the country’s manufacturing industry. Furthermore, MTAP 2009 will offer an excellent opportunity to the international manufacturers to interact with their local
Machine Tools and Automation sector has acquired an important role in the fast-developing economy of the country. In order to increase competitiveness of the locally produced engineering goods in the international markets, the Government of Pakistan is putting great emphasis on equipping local manufacturers with the latest production techniques to improve efficiency. The manufacturing sector has shown an overall growth of 5.4%. Small scale manufacturing registered a growth of 7.5% and large scale manufacturing grew by 4.8%, thus contributing to a growth of 5.8% in the GDP. The total machinery imports amounted to US$ 5.75 billion and exports of engineering goods reached US$ 391 million in the past year. Further strengthening the manufacturing industry, there are about 500 foundries functioning in Pakistan both in the organised and unorganised sectors, which produce grey/ductile iron castings, non-ferrous castings, steel castings, die castings and centrifugal castings. Currently, demand
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