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MOLDEX India 2024 and FASTNEX aim to boost growth by bringing stakeholders together

Nivedita by Nivedita
January 17, 2024
in Industry, Innovation
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MOLDEX India 2024 and FASTNEX aim to boost growth by bringing stakeholders together
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Bengaluru: FASTNEX India 2024, an international trade exhibition for the fastener and fixing industry, will take place at the Bangalore International Exhibition Centre (BIEC) in Bangalore from January 19 to 23.

Messe Stuttgart’s FASTNEX Trade Fair is a vital platform for industry professionals to display products, gain insights, and expand business networks.

FASTNEX 2024, a fastener and fixing industry event, will connect sectors like automotive, construction, infrastructure, and furniture at MOLDEX India 2024 and FASTNEX 2024, a comprehensive hub for manufacturing.

MOLDEX India 2024 aligns with government initiatives like Make in India, FAME India, and the Production-Linked Incentive Scheme, promoting advanced product development and business growth.

The manufacturing and fastening sectors are important contributors to India’s economic environment, with a considerable impact on GDP and employment. The Indian moulding industry, valued at over USD 6.5 billion, is expected to develop at a CAGR of more than 7%. The Indian fastener and fastening sector, valued at over USD 7.5 billion, is predicted to develop at a CAGR of more than 8%.

With India poised to become a major manufacturing hub, initiatives such as “Make in India” seek to increase domestic production. MOLDEX India 2024 and FASTNEX intend to accelerate this progress by bringing important stakeholders together, encouraging collaboration, and displaying innovations.

MOLDEX India 2024 is the premier international trade event for tools, patterns, and mould making. Organized by Messe Stuttgart India, this event serves as a vital forum for industry professionals, featuring global leaders and creative start-ups demonstrating cutting-edge solutions in the manufacturing sector.

Mr. Terrance Miranda, Managing Director of Phillips Machine Tools, stated, “We are committed to offering solutions that improve production capabilities, profitability, and productivity at MOLDEX India.

According to Jagjit Kaloti, CEO of Kaloti Group, “We are excited to be exhibitors at FASTNEX 2024, not just as participants but also as contributors to the evolving narrative of our industry peers.”

As these leading international trade fairs are set to unveil their offerings from January 19–23, 2024, at BIEC, Bengaluru, the cumulative impact they guarantee is nothing short of revolutionary.

 

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