The India industrial press machines market size was valued at USD 0.58 billion in 2025, and is estimated to grow from USD 0.62 billion in 2026 to reach USD 0.91 billion by 2031, at a CAGR of 7.98% during the forecast period (2026-2031). This report is segmented by Actuation Technology (Mechanical, Servo-Mechanical, Hydraulic, Pneumatic, Others), by Press Force (Up To 100T, 101-500T, 501-1, 000T, 1, 001-2, 000T, Above 2, 000T), by Application (Stamping, Drawing, Forging, Assembly, Forming, Others), and by End Use (Automotive, Aerospace, Electronics, Medical, Others). The Market Forecasts are Provided in Terms of Value (USD).
Other drivers and restraints analyzed in the detailed report include:
Servo-mechanical presses are forecast to grow at a 9.2% CAGR through 2031. EV motor lamination stacking is a major application because it requires programmable bottom-dead-center control that fixed-crank equipment cannot provide. ANDRITZ Schuler's January 2026 HFA plus+ launch combined servo-controlled hydraulic pump drives with higher stroke rates and better energy efficiency. The product example illustrates the capabilities that automotive and electronics customers can include in equipment specifications. The business case for servo systems is increasingly based on energy savings and fewer process steps, not precision alone. Embossing, coining, and in-die assembly can be combined in one forming stroke when the product design allows it. This reduces tooling changes and may reduce the space required for a production cell. The India industrial press machines industry consequently has an opportunity to improve its position in higher-performance equipment through stronger application support and access to servo technologies.
The 101 to 500 ton range held 37.2% of the India industrial press machines market share in 2025. This capacity class serves passenger-vehicle body panels, structural crossmembers, and consumer-appliance housings. It has the deepest overlap between domestic press builders and global OEM subsidiaries. Competition is therefore active on both pricing and technology. The 501 to 1,000 ton and 1,001 to 2,000 ton ranges serve heavier structures such as frame rails, EV battery enclosures, and heavy casting cores. Demand in these bands follows new vehicle platform launches and the growing use of larger EV structural parts. The up-to-100-ton category supports precision assembly, press-fitting, and small-batch forming. Electronics subassembly and medical-device production support its steady demand.
Systems above 2,000 tons are forecast to grow at an 8.9% CAGR through 2031. Their growth is linked to defense forging and aerospace structural manufacturing. The supplied assessment identifies defense-grade aerospace material programs as a source of demand for domestic ultra-high-tonnage capability. India recorded engineering exports of USD 122.43 billion in FY2025-26, and industrial machinery and iron and steel products were among the leading export panels. Export-facing manufacturers can use high-capacity lines to support offshore demand for formed products. Across capacity ranges, servo drives, process monitoring, and robotic transfer are increasing the importance of full-system capability. These additions lift the value of the installed line beyond the rated force of the press. They also make uptime and engineering support more significant parts of the buying decision. The India industrial press machines market is therefore shifting toward suppliers able to integrate mechanical capacity with automation and service.
India Industrial Press Machines Market Trends and Insights
Automotive, EV, and Auto-Component Capacity Expansion
The Production Linked Incentive scheme for automobiles and auto components had an INR 259.4 billion (USD 2.9 billion) outlay and had attracted INR 295.8 billion (USD 3.3 billion) in cumulative investment by March 2025, creating 44,987 jobs. Its 13% to 18% incentive tier for EV and hydrogen fuel cell components supports investment in advanced forming equipment, including servo-controlled systems suited to advanced high-strength steel structures. The PM E-DRIVE scheme has an INR 109 billion (USD 1.2 billion) budget through March 2028 and requires domestic production of specified EV components. Maharashtra, Tamil Nadu, and Haryana accounted for 139 of 225 approved PLI-Auto manufacturing units in July 2026, concentrating installation, tooling, and maintenance demand in established corridors. Mahindra and Mahindra plans to raise SUV and EV capacity to 82,000 units a month by March 2027 at Chakan and a new Nagpur facility. The India industrial press machines market benefits from new lines and from replacement purchases needed for changing part designs and tighter process requirements.Electronics, Electrical Equipment, and Precision Component Manufacturing
The Electronics Component Manufacturing Scheme was approved in April 2025 with an INR 229.2 billion (USD 2.6 billion) outlay and covers components such as multilayer PCBs, SMD passives, lithium-ion cells, and connectors. The program is expected to attract investment above INR 590 billion (USD 6.6 billion) and support INR 4.56 trillion (USD 50.8 billion) in production over 6 years. These products use precision blanking, stamping, and press-fitting processes, creating demand for equipment that can work at sub-0.1 mm tolerances. PLI electronics schemes had disbursed INR 155.5 billion (USD 1.7 billion) by December 2025, indicating that capital deployment was underway. Servo-electric and servo-hydraulic equipment can provide the repeatable force, speed, and position control needed for these operations. The India industrial press machines market can benefit when suppliers pair advanced equipment with local commissioning and service support.High Capital Cost and Limited SME Financing
Auto OEMs and Tier-1 suppliers usually have defined capital budgets and banking relationships, while smaller stamping and fabrication businesses face more limited financing capacity. The Mutual Credit Guarantee Scheme for MSMEs offers 60% guarantee coverage for credit facilities up to INR 1 billion (USD 11.1 million) for machinery purchases, and its 2026 modification lowered the machinery-cost threshold from 75% to 60% of the project cost. Budget 2025-26 also raised credit-guarantee cover for micro and small enterprises from INR 50 million (USD 0.6 million) to INR 100 million (USD 1.1 million). A mid-range automated servo-mechanical line typically costs INR 20 million to INR 100 million (USD 0.2 million to USD 1.1 million). Technical appraisal and collateral needs can still restrict project finance for smaller buyers. The India industrial press machines market remains exposed because many such firms keep legacy conventional presses in service beyond their intended maintenance life.Other drivers and restraints analyzed in the detailed report include:
- Adoption of Servo, CNC, and Automated Pressing Systems
- Defense, Aerospace, and Heavy-Engineering Localization
- Dependence on Imported Controls, Drives, and Precision Components
Segment Analysis
Conventional mechanical presses held 41.3% of the India industrial press machines market size in 2025. Their position reflects the depth of the installed base in mid-tonnage automotive stamping. Replacement demand is important in this category because buyers often retain equipment until maintenance requirements rise or a new part calls for tighter tolerances. The fixed-crank design remains suited to many established stamping tasks. Hydraulic presses form the second major technology group and are used where full tonnage is needed at different points in the stroke. Defense forging, heavy-engineering forming, and deep drawing are important use cases for hydraulic systems. Pneumatic presses and hybrid systems serve light assembly and specialty forming applications. Their demand is linked to electronics and medical-device manufacturing, where force requirements may be lower but repeatability remains important.Servo-mechanical presses are forecast to grow at a 9.2% CAGR through 2031. EV motor lamination stacking is a major application because it requires programmable bottom-dead-center control that fixed-crank equipment cannot provide. ANDRITZ Schuler's January 2026 HFA plus+ launch combined servo-controlled hydraulic pump drives with higher stroke rates and better energy efficiency. The product example illustrates the capabilities that automotive and electronics customers can include in equipment specifications. The business case for servo systems is increasingly based on energy savings and fewer process steps, not precision alone. Embossing, coining, and in-die assembly can be combined in one forming stroke when the product design allows it. This reduces tooling changes and may reduce the space required for a production cell. The India industrial press machines industry consequently has an opportunity to improve its position in higher-performance equipment through stronger application support and access to servo technologies.
The 101 to 500 ton range held 37.2% of the India industrial press machines market share in 2025. This capacity class serves passenger-vehicle body panels, structural crossmembers, and consumer-appliance housings. It has the deepest overlap between domestic press builders and global OEM subsidiaries. Competition is therefore active on both pricing and technology. The 501 to 1,000 ton and 1,001 to 2,000 ton ranges serve heavier structures such as frame rails, EV battery enclosures, and heavy casting cores. Demand in these bands follows new vehicle platform launches and the growing use of larger EV structural parts. The up-to-100-ton category supports precision assembly, press-fitting, and small-batch forming. Electronics subassembly and medical-device production support its steady demand.
Systems above 2,000 tons are forecast to grow at an 8.9% CAGR through 2031. Their growth is linked to defense forging and aerospace structural manufacturing. The supplied assessment identifies defense-grade aerospace material programs as a source of demand for domestic ultra-high-tonnage capability. India recorded engineering exports of USD 122.43 billion in FY2025-26, and industrial machinery and iron and steel products were among the leading export panels. Export-facing manufacturers can use high-capacity lines to support offshore demand for formed products. Across capacity ranges, servo drives, process monitoring, and robotic transfer are increasing the importance of full-system capability. These additions lift the value of the installed line beyond the rated force of the press. They also make uptime and engineering support more significant parts of the buying decision. The India industrial press machines market is therefore shifting toward suppliers able to integrate mechanical capacity with automation and service.
Complete Report Scope:
- By Drive / Actuation Technology
- Conventional Mechanical Presses
- Servo-Mechanical Presses
- Hydraulic Presses
- Pneumatic Presses
- Other and Hybrid Presses
- By Press Force / Capacity
- Up to 100 Tons
- 101-500 Tons
- 501-1,000 Tons
- 1,001-2,000 Tons
- Above 2,000 Tons
- By Application / Process
- Stamping, Blanking, and Punching
- Deep Drawing and Sheet Forming
- Forging
- Straightening and General Forming
- Compression Molding
- Powder Compaction
- Assembly, Press-Fitting, and Joining
- Other Press Applications
- By End-Use Industry
- Automotive and Transportation
- Aerospace and Defense
- Industrial Machinery and Equipment
- Electrical and Electronics
- Appliances and Consumer Durables
- Construction and Heavy Equipment
- Energy and Power Equipment
- Metal Products and General Manufacturing
- Medical and Precision Manufacturing
- Other End-Use Industries
List of Companies Covered in this Report:
- ANDRITZ Schuler Group
- AIDA India Private Limited
- ISGEC Heavy Engineering Limited
- Komatsu India Private Limited
- Godrej and Boyce Manufacturing Company Limited
- HMT Machine Tools Limited
- Bharat Forge Limited
- Larsen and Toubro Limited
- Bharat Heavy Electricals Limited
- CIE Automotive India Limited
- Ramkrishna Forgings Limited
- M M Forgings Limited
- Electrotherm (India) Limited
- Presstech Machine India Private Limited
- Santec Exim Private Limited
- Incredible Machines Private Limited
- Bhavya Machine Tools LLP
- Rajesh Machines LLP
- Fagor Arrasate S. Coop.
- AMADA (INDIA) PVT. LTD.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET LANDSCAPE
5 MARKET SIZE AND GROWTH FORECASTS(Value, In USD Billion)
6 COMPETITIVE LANDSCAPE
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ANDRITZ Schuler Group
- AIDA India Private Limited
- ISGEC Heavy Engineering Limited
- Komatsu India Private Limited
- Godrej and Boyce Manufacturing Company Limited
- HMT Machine Tools Limited
- Bharat Forge Limited
- Larsen and Toubro Limited
- Bharat Heavy Electricals Limited
- CIE Automotive India Limited
- Ramkrishna Forgings Limited
- M M Forgings Limited
- Electrotherm (India) Limited
- Presstech Machine India Private Limited
- Santec Exim Private Limited
- Incredible Machines Private Limited
- Bhavya Machine Tools LLP
- Rajesh Machines LLP
- Fagor Arrasate S. Coop.
- AMADA (INDIA) PVT. LTD.
