Hannover Fair 2024 Weaknesses at locations are no reason for discussions about doom
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The machinery and plant construction industry is demanding competition-strengthening reforms for better site conditions, the production minus in the current year will be 4 percent according to the forecast, Manufacturing-X opens up great opportunities for digital business models.
The industrial locations in Germany and Europe need bold reforms and not debates about downfall. "The economic and political environment is currently as challenging as rarely ever before, among other things due to the many geo-economic uncertainties. But the machinery and plant engineering industry has the self-confidence and innovative strength to master these challenges," VDMA President Karl Haeusgen told media representatives at the start of the Hanover Fair. The politics in Berlin and Brussels are now urgently required to shape the location conditions in such a way that more investments are made again in Germany and Europe.
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