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From
IMTMA
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Extraordinary times need extraordinary measures and the outbreak of coronavirus has presented a new challenge to the world which was already battling economic challenges.
India currently is under a 21-day lockdown to break the chain of this virus and as our Hon’ble Prime Minister said, if we don’t act now, the development of our country will be pushed back by 21 years. In this scenario, it is important for us to continue to connect with each other through various communication channels, keep our confidence level high and spearhead policy advocacy in a focused manner with government and all other stakeholders.
IMTMA is bringing you information on what countries across the world including India as well as industries are doing to combat the situation. The E-newsletter gives an insight into news, advisories and notifications from the central and state governments in India and the best practices that Indian and global industries have adopted to combat this pandemic.
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News
Updates
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NBFCs seek special funding window
from banks to deal with liquidity crisis
(Economic Times Auto, April 5, 2020). |
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Coronavirus impact: OEMs,
dealers see signs of life in digital sales
(Economic Times Auto, April 6, 2020). |
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BS-IV inventory piles up
(The Telegraph, April 6, 2020). |
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Govt on Covid-19 trends: This week critical,
spread could recede early May
(Economic Times, April 6, 2020) |
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Despite outbreak, sales of
BS-VI vehicles cross over 1 million
(Economic Times, April 6, 2020). |
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How to restart the economy after the lockdown: Here’s how India can meet perhaps the greatest challenge of our times
(Economic Times, April 6, 2020). |
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MSMEs seek revival package
to tide over lockdown
(Hindu Businessline, April 6, 2020). |
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Indian Auto Sales recovery
expected only in FY22
(Economic Times Auto, April 7, 2020). |
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Central Government Advisories
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Small Industries Development Bank of India
Guidelines by Small Industries Development Bank of India (SIDBI) for benefit of MSMEs to cope up with COVID-19 effects. Read more |
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Ministry of Health and Family Welfare
Containment Plan for Large Outbreaks Novel Coronavirus Disease 2019 (COVID-19). Read more |
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State Government Advisories
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Government of Karnataka
The state government has provided directions to ESCOMs regarding meter reading, billing and collection. Read more
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Government of Karnataka
Notification regarding management of corona related complaints. Read More
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Central Government Notifications |
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Ministry of Finance
Central government has amended the Central Goods and Services Tax Rules, 2017for ease of compliance during COVID-19. Read more
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Ministry of New and Renewable Energy
The ministry has issued instructions providing for a moratorium period for discoms for making payments to electricity generating companies, in the wake of Covid-19. Read more
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Ministry of Finance
Income Tax notification allowing for more time to file Tax Deduction at Source (TDS) forms. Read more
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Ministry of Finance
Corona Virus wherever appropriate will be covered in the Force Majeure Clause. Read more
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State Government Notifications |
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Government of Karnataka
Notification to empower District Collectors to issue inter-district transport Pass. Read more
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Government of Telangana
The state government has extended various incentives for encouraging establishment of new industrial enterprises in the Telangana state. Read more
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National Best Practices |
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UCAM
The company will reinvent itself through digital innovations, implementing performance management systems, flexible manufacturing and smart factory. Read more
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ACE Micromatic
The company will build resilience dashboards to enable close monitoring and control. Read more
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Jyoti CNC
Jyoti CNC has made cost-effective ventilators in 10 days. The company has decided to donate first 1,000 ventilators to the Gujarat government. The ventilator developed by the company has been named as 'Dhaman 1', which is the base model and fulfils the requirement of COVID-19 patientsl. Read more
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MG Motor India
MG Motor India claims that its own ventilator prototype would be ready within a week. It is in discussion with three medical device manufacturers, which include GE, in its bid to produce hospital ventilators at its Halol plant to help the medical sector in fighting the coronavirus. Read more
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Steelbird Helmets
Steelbird Helmets has launched a medical face shield and the same is primarily aimed at the healthcare workers to fight the Coronavirus that is currently spreading at a frightening speed. Read more |
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Indian Railways
The railways has developed low cost ventilator “Jeevan” at its Kapurthala Rail Coach Factory. The prototype is awaiting ICMR clearance to go into production. Read More |
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Defence Research and Development Organisation
Vehicle Research Development Establishment (VRDE), Ahmednagar, a DRDO Laboratory has designed full body disinfection chamber called as PSE. This walk through enclosure is designed for personnel decontamination, one person at a time. Read More |
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Indian Institute of Technology, Kanpur
Science and Engineering Research Board (SERB), a statutory body under Department of Science and Technology, is supporting a research by a team of scientists from IIT Kanpur for developing a protective coating that would greatly help in making medicated masks and medical wear (PPE) for fighting COVID-19.Read More |
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Global Best Practices |
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Apple
The company has donated 20m face masks that it secured through its supply chain. It has pledged to ship 1m medical face shields a week. Read more
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Lamborghini
The Italian supercar company is handstiching masks and 3D Printing face shields. It is making these essential supplies at its Sant’Agata Bolognese manufacturing center in Italy amid the COVID-19 pandemic. Read more
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Mercedes
Mercedes-based Reybotics, which specializes in robot design and development for education, began producing affordable, disposable face shields for the medical community this week. Read more
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Gilead Sciences Inc.
Gilead Sciences Inc., a U.S. biotechnology firm that develops and commercializes drugs, has rapidly expanded its supply of an experimental coronavirus drug and is prepared to donate 1.5 million doses of it to hospitals dealing with severely ill patients. Read more
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Special Reports |
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Boston Consulting Group
COVID 19: India Perspective. Read More |
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Boston Consulting Group
Rapid Crisis Response. Read More |
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McKinsey
COVID 19: Briefing Materials. Read More |
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Upcoming Webinars / Video Conferences |
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Improving the Quality of machines
“Technology Under the Skin - Building Machine Tools”
Thursday, 9th April 2020 11:30 a.m. - 12:45 p.m. |
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Breakthrough results in Machine Tool Manufacturing Through “Six Sigma Approach”
Friday, 10th April 2020 11:30 a.m. - 12:30 p.m. |
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Published by Indian Machine Tool Manufacturers'
Association (IMTMA), Bangalore International Exhibition Centre (BIEC),
10th Mile, Tumkur Road, Madavara post, Bangalore - 562 123. Tel.: +91 80
6624 6600 Fax: +91 80 6624 6661 E-mail: imtma@imtma.in
Web: www.imtma.in
Disclaimer: The content and figures shown in the newsletter have been taken from different websites and IMTMA does not take responsibility for the accuracy of the same.
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