From IMTMA

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 lockdown up to May 3, 2020, 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.

 

News Updates

 
  ISED calls for 4-stage re-railing
package to put MSMEs on track

(Hindu Businessline, April 13, 2020).
  Auto industry needs low cost products, localisation to stabilise business post coronavirus: Report
(New Indian Express, April 13, 2020).
 
         
  Exporters urge government to implement
DPIIT suggestions to resume limited economic activities during coronavirus lockdown
 
(The Hindu, April 13, 2020).
  India’s decline in electricity consumption
due to lockdown more severe than US
and EU: Study

(India Today, April 13, 2020)
 
         
  Manufacturing companies see
challenges in phased exit from lockdown

(Economic Times, April 14, 2020).
  Maharashtra govt evaluating
how to resume industrial production

(Economic Times, April 14, 2020).
 
         
  Extended coronavirus lockdown in
India to cause $234.4 billion economic loss, says Barclays

(Deccan Herald, April 14, 2020).
  Maruti expects car boom
after coronavirus lockdown ends

(Livemint, April 14, 2020).
 
         
  Restarting India’s economy efficiently
after Coronavirus outbreak

(Financial Express, April 14, 2020).
  Coronavirus: As India enters lockdown 2.0,
CII seeks quick relief for MSMEs

(India Today, April 14, 2020).
 

Central Government Advisories

 
 

Ministry of Home Affairs

Guidelines to State Governments and Local Administration authorities for smooth facilitation of transportation of essential and non-essential goods. Read More

     

Ministry of Corporate Affairs

Clarification on the passing of ordinary and special resolutions by companies under Companies Act 2013 and rules made thereunder on account of COVID-19. Read More

 
 

State Government Advisories

 
 

Maharashtra Industrial Development Corporation (MIDC) and Industries Department, Government of Maharashtra

Online platform for processing applications
(for obtaining permission to operate in current situation) for all units located both in MIDC and non-MIDC areas, manufacturing essential commodities and part of continuous process industry. Read More

     

Government of Andhra Pradesh

The state government has decided to expand the Technical Advisory Committee to review the evolving situation on a day-to-day basis and advise the Government on measures to be implemented to prevent, contain, control and effectively manage Covid-19. Read More

 
 

National Best Practices

 
 

Jyoti CNC

Jyoti CNC has built an in-house ventilator to fight Covid-19. A team of more than 150 professionals from Jyoti CNC and 26 other allied companies have worked round the clock to accomplish this mission of designing and developing the first prototype within the stipulated time frame. Read More

     

Small Industries Development Bank of India

To help support the efforts to address the COVID-19 emergency, SIDBI is supporting MSMEs manufacturing products or providing services related to fighting the Coronavirus with the launch of two schemes- the SIDBI Assistance to Facilitate Emergency response against coronavirus (SAFE scheme) and SAFE Plus. Under the schemes, loans are being extended at a low rate of interest of 5% within 48 hours.
Read More

 
             
 

Toyota

The company has published a policy manual on restarting operations after Covid-19 lockdown, including work from home, health and safety, etc. Read More

     

Eicher Group

The company has committed an initial outlay of INR 50 crores towards COVID-19 relief and support measures; likely to increase spends over the next few months. Read More

 
             
 

Sun Pharma

Sun Pharmaceutical Industries Ltd has
committed to donate Rs 25 crore worth of Hydroxychloroquine (HCQS), Azithromycin, other related drugs and hand sanitisers to support India's fight against coronavirus pandemic.Read More

     

Wingify

New Delhi-based SaaS startup Wingify has launched Coronathon, which is a digital technology hackathon where people can come up innovative ideas to deal with the Covid-19 crisis. Read More

 
 

Global Best Practices

 
 

BP Foundation

The BP Foundation donates $2 million USD to the WHO’s COVID-19 Solidarity Response Fund, which supports medical professionals and patients worldwide by providing critical aid and supplies. The Solidarity Response Fund also helps track and understand the spread of the COVID-19 virus and supports efforts to develop tests, treatments, and ultimately, a vaccine.
Read More

     

Shell

In Germany, Shell set up a new supply chain within two weeks to help secure hand sanitiser for hospitals. Further, in more than 15,000 participating retail sites across more than 30 countries are providing free food to healthcare professionals. Retail sites in China provided free fuel for the emergency services, secured supplies and made service stations safe places during the outbreak. Read More

 
             
 

Exxon Mobil

Exxon Mobil is supporting hunger relief in the Midland-Odessa area and across West Texas with a $100,000 donation to the West Texas Food Bank to help those facing difficult economic circumstances resulting from the COVID-19 pandemic. Read More

     

Singtel

Singtel is rallying Singapore against Covid-19 by providing financial support for impacted communities and extending a care package of services to support the broader community.The Group has raised S$2 million collectively to help vulnerable groups in the community and frontline healthcare workers and volunteers. Read More

 
             
 

Anatomiz3D

Anatomiz3D, the industry leader in 3D Modelling and 3D Printing for healthcare has developed state of the art face shield masks to offer end to end protection to essential workers. Read More

     

Toyota

Toyota Motor Corporation (TMC) is set to begin producing face shields at its Teiho plant in Japan, using its specialist injection moulding equipment and 3D printers to produce between 500 and 600 units per week. Read More

 
 
Resource
 
 

Exit from the Lockdown: A CII Strategy. Read More

 
 
  IMTMA Covid-19 Policy Advocacy       IMTMA Covid-19 Help Desk  
             
 

IMTMA has set up a section on Covid-19 Policy Advocacy, relevant Notifications, Press notes, Orders and Circulars issued by the Central and State governments, and the Reserve Bank of India are published on the page.

     

IMTMA is pleased to announce formation of “COVID-19 IMTMA Help Desk” for proactively addressing the concerns of Members, specifically related to COVID-19 Government Policies, Financial and Regulatory issues. Members may send their queries by clicking on “COVID-19 IMTMA Help Desk” button in IMTMA homepage www.imtma.in and filling-up the query form.

 
 

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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.