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Tata Motors

Tata Motors is extending the warranty period for customers in South Africa, the Middle East, Nepal, Bhutan, Sri Lanka, North-west African countries and Latin American countries. This will be applicable for the warranty that is expiring after 15th March 2020. Read More

Food and Drug Administration

FDA has granted emergency clearance to the first in-home test for the coronavirus, a nasal swab kit that will be sold by LabCorp. Read More

Adobe

Computer software company Adobe is offering free access to Adobe Creative Cloud desktop apps to help facilitate distance learning for students and teachers. The promotion will last until May 31. Read More

Harbor Freight

Harbor Freight, the discount tool and equipment retailer, is donating its entire supply of personal protective equipment to hospital emergency rooms across the US, shipping 44 million nitrile gloves and hundreds of thousands of face masks. Read More

Airbnb

The home rental platform Airbnb is providing free housing to 100,000 first responders and health care workers around the world. Read More

LVMH

Louis Vuitton’s parent company LVMH is producing and distributing hand sanitizer free of charge to hospitals throughout France. Read More

From IMTMA

Extraordinary times need exceptional measures and the outbreak of coronavirus has presented a new challenge to the world which was already battling economic slowdown.

India currently is under lockdown up to May 3, 2020, to break the chain of this virus which has added more pressure on machine tool and the manufacturing sector as well as the economy. In this scenario, it is important for us to stay connected with customers, vendors and peers through various communication channels, keep our morale and 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

	Banks to achieve priority sector lending target via RBI's liquidity dose (Economic Times Auto, April 22, 2020).		Banks readying debt recast for Covid-hit companies (Economic Times Auto, April 22, 2020).

	Industry alarmed by MHA directives, action against management if workers test positive for Covid-19 (Economic Times Auto, April 22, 2020).		Need to open industry across zones amid Covid-19 lockdown: CII to govt (Business Standard, April 22, 2020)

	Equity support to MSMEs: Rs 10,000-crore fund soon (Financial Express, April 22, 2020).		NBFC crisis is a big hurdle in India’s path out of the pandemic (The Print, April 22, 2020).

	Cabinet likely to discuss stimulus for India Inc seeking relief during Covid-19 lockdown (Hindustan Times, April 22, 2020).		Bajaj Auto to resume production at Aurangabad plant for export (Economic Times Auto, April 22, 2020).

	Apollo Tyres partially resumes operation at Kerala Plant (Economic Times Auto, April 22, 2020).		MSME business under stress even before Covid-19 outbreak: TU CIBIL (Economic Times Auto, April 22, 2020).

	Maruti Suzuki's Manesar plant to resume operations in single shift (Economic Times Auto, April 22, 2020).		Red carpet for firms looking to ditch China (Economic Times, April 22, 2020).

	Don’t rush to open factories, FISME cautions MSMEs (Economic Times Auto, April 23, 2020).		Auto companies in no hurry to restart operations as road slowly opens up (Economic Times Auto, April 23, 2020).

Central Government Notifications

DGFT, Ministry of Commerce and Industry

Manner of continuation of MEIS scheme till 31 Dec 2020 and introduction of RoDTEP scheme. Read More

Ministry of Corporate Affairs

Filings under Section 124 and 125 of the Companies Act 2013 r/w IEPFA (accounting, Audit, Transfer and Refund) Rules 2016 in view of emerging situation due to COVID-19. Read More

Central Board of Indirect Taxes and Customs, Department of Revenue, Ministry of Finance, Government of India

Regarding 'Measures to facilitate trade during the lockdown period. Read More

Central Board of Indirect Taxes and Customs, Department of Revenue, Ministry of Finance, Government of India

Regarding alternate mechanism for IGST refunds on exports-extension in SB005 (invoice mismatch). Read More

State Government Notifications

Government of Andhra Pradesh

Instructions for resuming of limited operations from 20 April 2020 and defining “Red, Orange and Green Zones”. Read More

Government of Rajasthan

Modified guidelines for lockdown in Rajasthan, further to the Consolidated Guidelines issued by Ministry of Home Affairs. Read More

National Best Practices

	MG Motor India In an effort to contribute to community service during the pandemic, MG Motor India has announced that it will provide 100 units of SUV Hector to doctors, medical staff, police and local government officials. Read More				Ducati India Ducati has deferred price hike on extended warranty till May-end across its dealerships in Delhi-NCR, Mumbai, Ahmedabad, Bengaluru, Kochi, Kolkata, Chennai, and Hyderabad. Read More

	CSIR-National Aerospace Laboratories CSIR constituent Lab in Bengaluru, CSIR-National Aerospace Laboratories (CSIR-NAL), along with MAF Clothing Pvt. Ltd., Bengaluru has developed and certified the overall protective cover all suit. The polypropylene spun laminated multi-layered non-woven fabric based coverall can be used to ensure the safety of doctors, nurses, paramedical staff and health care workers working round the clock on Covid-19 mitigation. Read More				Krishna Maruti Krishna Maruti is manufacturing 50,000 face masks every day. The company donated 1 million masks to Haryana government to help the agencies and health workers in the fight against coronavirus. Read More

	Daimler India Commercial Vehicles BharatBenz vehicles with warranty or extended warranty contracts ending between 15th March 2020 and 15th May 2020, or having their next service schedule during this period, now have an extra two months leeway, the company said in a release. Read More				Nissan In the first quarter of the current financial year, the company has decided to provide structural support to manage fixed expenses, along with paying sales incentives based on per unit volumes with no linkage to targets. Read More

	Triumph Motorcycles Triumph has postponed the price hike for its new BS-VI compliant Bonneville range until July 2020. It has expanded the warranty period & Extended Warranty (EW) for three months. Read More				Kia Motors Kia has announced the unutilized dealer funds lying with the brand have been remitted back to dealers' current account.The automaker has announced measures that will help its dealer partners with improved cash flow. Read More

	TUV Rheinland India Keeping the current COVID-19 pandemic in mind, TUV Rheinland India has stepped up its humanitarian efforts by offering 'No Cost' Safety Critical type tests on Ventilator Systems which are produced in India at its Bangalore laboratory till April 30, 2020. Read More				Standard Chartered Bank Standard Chartered Bank is supporting an indigenized, affordable, portable and invasive ventilator prototype being developed by IIT Kanpur and its incubated company Nocca Robotics along with the Indian Angel Network. Read More

Global Best Practices

Webinars

The following Live online training programmes will be delivered through industry experts with rich domain expertise.

Geometric Dimensioning & Tolerancing in Design through Manufacturing (April 24 - 25, 2020, 11.00 a.m. - 4.00 p.m.).
TRIZ: Shortcut to Innovative Solutions (April 27, 2020, 11.00 a.m. - 4.00 p.m.).
Overview of Heat Treatment Processes and Metallurgy (April 28, 2020, 11.00 a.m. - 4.00 p.m.).
Implementing Industry 4.0 in India (April 29, 2020, 11.00 a.m. - 4.00 p.m.).
Artificial Intelligence and Machine Learning for Manufacturing Industries (April 30, 2020, 11.00 a.m. - 4.00 p.m.).
Overview of Surface Heat Treatment Processes (May 1, 2020, 11.00 a.m. - 4.00 p.m.).
Overview of Additive Manufacturing (May 2, 2020, 11.00 a.m. - 4.00 p.m.).

To register / view details, please visit https://www.imtmatraining.com/training_calendar

Contact: Santosh Singh - E: santosh@imtma.in | M: 9021442692
or Abhijeet Agawane - E: abhijeet.agawane@imtma.in | M: 9730575154

	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.