The India CNC grinding machines market size reached USD 0.17 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 0.24 Billion by 2033, exhibiting a growth rate (CAGR) of 3.74% during 2025-2033. The India CNC grinding machines market is driven by increasing demand from the automotive and aerospace sectors for high-precision components. Rising industrial automation, growing adoption of advanced manufacturing technologies, and expanding infrastructure projects boost market growth. Additionally, government initiatives like "Make in India" and rising exports fuel domestic production.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 0.17 Billion |
Market Forecast in 2033 | USD 0.24 Billion |
Market Growth Rate 2025-2033 | 3.74% |
Growing Adoption of Industry 4.0 and Smart Manufacturing
India’s CNC grinding machines market is experiencing a surge in Industry 4.0 adoption, driven by significant investments in digital transformation. In fiscal year 2021, Indian manufacturers allocated USD 5.5 to 6.5 billion to Industry 4.0 initiatives, with 50% dedicated to IoT and cloud computing. This investment is accelerating the adoption of IoT-enabled monitoring, AI-driven predictive maintenance, and cloud-based analytics in CNC grinding. Manufacturers are integrating smart grinding solutions to enhance process efficiency, minimize downtime, and ensure real-time quality control. Advanced connectivity between machines and production lines is improving operational flexibility. Additionally, digital twin technology is gaining traction, allowing manufacturers to optimize grinding processes before execution. As industries emphasize high-efficiency production, demand for smart and connected CNC grinding solutions continues to expand in India’s evolving manufacturing sector.
Expanding Automotive and Aerospace Applications
The automotive and aviation sectors are principal drivers of the adoption of CNC grinding machines in India, stimulated by requirements of high-accuracy machining of engine parts, transmission components, and turbine blades. The increased demand for precision grinding in battery and drivetrain production due to the increasing trend towards electric vehicles has also fueled growth. Aerospace players are adopting state-of-the-art CNC grinding technology to address critical tolerances and material complexity requirements in aircraft components. Currently, At HIMTEX 2024, Jyoti CNC Automation won the Best Innovative Product Award for its U-Mill Series, a 5-axis machining center designed for high-precision aerospace, automotive, railways, and energy applications. Along with this, an increase in local automobile manufacturing, the encouraging of EV production by the government, and India's ambitions to become an aerospace center are driving investments in high-performance CNC grinding machines. With these industries further developing, superior surface finish and precision are reinforcing CNC grinding machine adoption.
Increasing Demand for High-Speed and Multi-Function Grinding Machines
The need for multi-functional and high-speed CNC grinding machines is increasing with manufacturers looking to increase productivity and lower production cycles. Manufacturers are investing in equipment with increased spindle speeds, modern control systems, and automatic tool changers to boost operational efficiency. Multi-axis grinders that are capable of performing multiple operations in one setup are becoming popular, lowering setup times and increasing consistency in output. Further, these are supported by improvements in super abrasive grinding technologies like diamond wheels and CBN to boost tool life and precision. As cost savings and process optimization gain momentum, industries are shifting toward flexible CNC grinding machines to improve machining versatility and address the escalating need for complex geometries and tight tolerances.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, application and distribution channel.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes cylindrical, surface, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes automotive, aerospace and defense, medical, electrical and electronics, and others.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes online, company websites, e-commerce websites, offline, direct sales, and indirect sales.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Cylindrical, Surface, Others |
Applications Covered | Automotive, Aerospace and Defense, Medical, Electrical and Electronics, Others |
Distribution Channels Covered | Online, Company Websites, E-commerce Websites, Offline, Direct Sales, Indirect Sales |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: