Machine Tools There has been a growing need to adopt CNC-based Machine Tools in the end-user segments to achieve precision and accuracy in the production process. Moreover, non-CNC machines consume more time and energy and are prone to considerable wear and tear in a short period. This demand for CNC-based machines is expected to aid the growth of the machine tools market in India over the next four years. Further India is the automotive export hub in the South Asian market and the automotive and auto components industry has accounted for about 40% of machine tools consumption in India. The growth of automotive industry in India is the primary growth driver for the machine tool industry market. Based on the above factor a research analyst forecasts the production of machine tools in India to grow at a CAGR of 13% during the forecast period. For the Machine Tool Industry Lexis Tooling committed to offer high precision tooling to worldwide via its distributor network thro its wide range of products which includes ER Collets, TG Collets, DA Collets, NC Collets, Coolant Collets, Sealed Collets, Tapping collets, ORT Collets, Collet Chucks, Tool Holders, Pullstuds and Clamping Nuts. For more product details please visit www.lexisindia.com TG Collets ER Collets DA Collets NC Collets Coolant Collets Tapping collets ORT Collets Collet Chucks Tool Holders Pull studs Clamping Nuts Industrial Nut Precision Nuts