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Special Machines Market in India
Special Machines sector are very sensitive to the operating economy and they are the one who are hit first and the last to recover in economic downturns. Industrialized countries have invested heavily in special machines to increase productivity which will release latent labour potential to other work, besides increasing accuracy and efficiency. For a larger part, these machines are imported from Switzerland, Germany and Italy. Domestic players contribute to only 30% of the total market.