What kind of government policies (tax incentives, subsidies,...

added blog Machine Tools-The “Mother Industry”

2025-10-17 05:00:48 - Translate -

What kind of government policies (tax incentives, subsidies, R&D funding, tariffs) are needed to build a sustainable machine tool sector?

What Kind of Government Policies Are Needed to Build a Sustainable Machine Tool Sector? The machine tool industry—comprising lathes, milling machines, CNC systems, 3D printers, presses, and robotics—is often referred to as the “mother industry” because it enables the production of all other industrial goods. Without it, no country can build cars, tractors, turbines,...

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