OM SAKTHI AGENCIES is sister concern of AKM groups are one of the biggest used machine Importers and Dealers in south India. Engage in the Buying & Selling of Used Imported Machines of Construction, Industrial, Pharmaceutical & Engineering sectors.

How did imported construction, machine tools and engineering equipment come to India?
As India got its independence later compared to European, American or other Asian countries, the development story for India also started much later. As a result, it was easy to adopt the practices of developed nations and for manufacturers in developed nations also it was easy to give products to the developing nations. The major influx of construction, machine tools, Pharmaceutical and engineering equipment manufactures in India happened after 1992 economic reforms after which it was easier for these manufactures to set up base in India.

The benefits for these manufactures for selling in India were:

• 1)The older/obsolete models in their countries were still new technology in India
• 2)No modification/new design or major cost to create the product for India. Jut make some changes to suit Indian conditions, and it was enough.
• 3)Tax holidays and other investment benefits leading to higher profits
• 4)India was a nascent market with very few binding laws and low demand from customer end. It was an “easy to tackle” market
• 5)Less competition and hence higher margins/volumes
• 6)Trust of people in imported brands over Indian brands