TPi October 2012 - page 54

30 October to 1 November 2012
The biennial Tube India International’s fifth edition has moved from
its traditional position in the year, early February, to late autumn
with the 2012 edition taking place from 30 October to 1 November
at the Bombay Convention & Exhibition Centre, Goregaon (East),
Mumbai. This year Tube India will run concurrently with related and
complementary exhibitions Metallurgy India and Welding & Cutting
India.
India is an increasingly important market. When the Government
of India in 1991 ushered in an era of de-licensing, price decontrol,
lowering of import restrictions, lowering of duties and abolition of
freight equalisation it resulted in increased domestic production and
further opened up opportunities for doing business in India. The Indian
copper pipes and tubes industry is poised for around 25 per cent
growth in the next few years. Estimated investments in Indian steel
production capacity will be nearly 243 million tons by the year 2020.
This will take India from being the current 5
th
largest steel producer to
the 3
rd
largest by 2015 and 2
nd
largest by 2020, second only to China.
India will offer $20bn worth of investment opportunities over the next
three years for expansion of new ferrous and non-ferrous plants.
As energy consumption and inefficiency in Indian smelters have
been major problems, there is ample scope for improvement in the
efficiencies of operations and India has the potential to rank among
the world’s top 5 suppliers and markets for steel and aluminium.
Major projects in diversified sectors like rail and air transport, energy,
infrastructure, steel, power, oil refining, chemicals, manufacturing,
automobiles, environment, defence and so forth promise a lot in
terms of investment, growth and business opportunities in India.
There is no doubt that Tube India International and the three
concurrent exhibitions are must-visit events for metal forming and
processing industry professionals.
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