1 hr ago
India’s Hand and Power Tools Sector Targets $25 Billion Exports
India currently exports about $1 billion worth of hand and power tools.
Experts think exports could grow to more than $25 billion by 2035.
They believe factories, technology and stronger suppliers in India can help this happen.
More Indian companies may also sell tools in other countries.
A trade expo in New Delhi showcased products and new ideas from many businesses.
Officials said small businesses should use digital systems and smart machines.
However, manufacturers still face shortages of raw materials.
They also want better recycling facilities and simpler government rules.
India’s hand and power tools exports could rise from about $1 billion to over $25 billion by 2035.
Industry experts cited manufacturing growth, technology adoption and stronger local supply chains as key opportunities.
Tools & Equipment Expo 2026 opened at Bharat Mandapam in New Delhi with more than 300 exhibitors.
The industry is seeking deeper digital integration, including Industry 4.0 and IoT-enabled manufacturing systems.
Raw-material shortages, limited recycling facilities and regulatory complexity remain major challenges.
- Who
- Indian hand and power tools manufacturers, industry experts, government officials and trade-expo participants.
- What
- The sector is projecting a more than 25-fold increase in exports, from around $1 billion to over $25 billion by 2035.
- Where
- Bharat Mandapam in New Delhi, India.
- When
- The three-day Tools & Equipment Expo 2026 began on September 18, 2026.
- Why
- Manufacturing growth, technology adoption, rising domestic demand and stronger local supply chains could help Indian manufacturers expand globally.
Expansion Opportunity
Industry Constraints
Global growth potential
Expansion Opportunity
Industry experts believe manufacturing activity, technology adoption, domestic demand and stronger supply chains could lift exports above $25 billion by 2035.
Industry Constraints
Representatives caution that the sector’s expansion could be limited by raw-material constraints and insufficient domestic recycling and reprocessing facilities.
Technology and policy
Expansion Opportunity
Officials say Industry 4.0, IoT-enabled systems, business matchmaking and innovation platforms can help manufacturers become more competitive.
Industry Constraints
Industry representatives are seeking easier access to government schemes and simpler regulatory compliance to support manufacturers.
Key facts
- Current exports
- Around $1 billion
- Projected exports by 2035
- More than $25 billion
- Expo participation
- More than 300 exhibitors and over 8,000 industry professionals
- Products displayed
- More than 2,000 products
- New product launches
- More than 150
- Global cutting tools market
- About $23 billion currently, projected to approach $30 billion by 2030
- India’s current market share
- Around 15% of the global cutting tools market
Quotes
Yadu Kumar Yadav
Deputy director at NPC-DPIIT under India’s Ministry of Commerce and Industry
“Under the Ministry of MSME’s RAMP scheme, more than 750 units are currently being integrated into an Industry 4.0 ecosystem in Gujarat, with similar ecosystems envisaged across the country.”
livemint.com
Sources
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