Source: Taiwantrade | Updated: 22 December 2010
All in all, Taiwan’s machinery industry is recovering. Many machine tool makers have expressed that the demand of component and equipment processing from the automotive and energy industries is still the main source of demand. In the near future, the China market still has the biggest room of growth. But, lately India has also been actively developing its automotive industry, and the country’s demand for machine tools is catching up on China’s. China and India will be two main battlefields for machine tool makers in 2011.