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From
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After more than two months of coronavirus-induced lockdown, India has entered the first phase, Unlock1.0,of the three phase unlock plan announced by the Ministry of Home Affairs, Government of India. The lockdown is expected to continue in containment zones which will be demarcated by the district authorities, taking into consideration the guidelines issued by the Ministry of Home Affairs. Inter-state and intra-state movement of people and goods will be permitted without e-pass which spells good news for manufacturing industry. Businesses need to ensure continuity with new SOPs and guidelines in its continued combat against Covid-19.With Unlock1.0 economic cycle started rolling and expected to pick up momentum.
Government of India has identified 12 sectors where India can become self-reliant which include food processing, electronics, industrial machinery, furniture, leather, auto parts, textiles and ventilators which can provide opportunities apart from new user segments especially agriculture machinery, medical equipments, defence, and other emerging sectors. Businesses need to expand their horizons through partnerships and explore new sectors for growth.
The union government has announced a series of stimulus measures for MSMEs to improve liquidity and meet cash flow requirements. Member companies are urged to explore and make use of the funds for their revival plan judiciously.
The newsletter brings you updates on various stimulus measures/packages announced by the central and state governments. It also gives an insight into news updates, various government notifications and best practices adopted by Indian and overseas industries to combat the coronavirus pandemic. |
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News
Updates
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First of 3-phase 'unlock' plan begins
today: What's open & from when
(Times of India, June 1, 2020). |
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Companies await pick-up in
demand to boost manufacturing
(Economic Times Auto, June 1, 2020). |
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Gadkari assures MSMEs
of help in securing loans
(Economic Times Auto, June 1, 2020). |
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Railways bets on Maruti,
Kia to increase freight kitty
(Economic Times Auto, June 1, 2020) |
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Karnataka: Malls, hotels to open on June 8;
state for clarity on liquor sale
(Times of India, June 1, 2020). |
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Companies await pickup-in
demand to boost manufacturing
(Economic Times, June 1, 2020). |
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India’s Covid-19 tally surges beyond 190,500
with highest single-day spike of 8,392 cases?
(Hindustan Times, June 1, 2020). |
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PM Modi to chair Union Cabinet meeting shortly
as India enters Unlock 1.0; ‘big decisions’ likely
(The Statesman, June 1, 2020). |
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Haryana to extend lockdown
in containment zones till June 30
(United News of India, June 1, 2020). |
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Are Indians spending less during Covid-19
lockdown? Here’s what SBI Research reveals
(Financial Express, June 1, 2020). |
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Central Government Advisories |
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Ministry of Home Affairs, Government of India
Guidelines for Phased Re-Opening {of lockdown} (Unlock 1). Read More |
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Ministry of Commerce and Industry, Government of India
Meeting of Mr. Piyush Goyal, Hon’ble Minister for Commerce and Industry, Government of India with key industry and trade associations. Read More |
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Ministry of Commerce and Industry, Government of India
For Covid related export or import issue, a helpdesk has been operationalized by Directorate General of Foreign Trade in the Department of Commerce, Ministry of Commerce & Industry. Read More |
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Reserve Bank of India
Pre-shipment and Post-shipment Export Credit - Extension of Period of Advance. Read More |
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Reserve Bank of India
Covid-19 Regulatory Package - Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets. Read More |
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Reserve Bank of India
Covid-19 Regulatory Package - Detailed Instructions. Read More |
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State Government Advisories |
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Government of Karnataka
Guidelines for Phased Re-Opening {of lockdown}. Read More |
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Government of Maharashtra
Guidelines for Phased Re-Opening {of lockdown} (Unlock 1), in the State of Maharashtra. Read More |
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Government of Haryana
Guidelines for Phased Re-Opening {of lockdown} (Unlock 1), in the State of Haryana. Read More |
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Government of Punjab
Punjab Government has issued consolidated and comprehensive guidelines for all International as well as Domestic travellers coming by air, rail and by road. Read More |
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National Best Practices |
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Amara Raja
Under the technology evaluation agreement, Amara Raja Batteries Limited and Gridtential Energy will assemble and test Silicon Joule bipolar reference batteries using Amara Raja’s active material to determine improvements in cycle life, energy density, battery efficiency, charging rates and manufacturing ability. Read More |
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MG Motor India
SAIC-owned MG Motor India has recorded 710 retail sales for the month of May 2020, amidst supply chain constraints, the company said in a press release. Read More |
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Tata Motors
The uncertainty and despair at the start of the Covid-19 crisis gradually turned into a lesson for Tata Motors as they used WFH as an opportunity to develop and innovate a robust digital system and database to facilitate remote design and development. Read More |
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Department of Science and Technology
The Department of Science and Technology (DST) has initiated a Covid-19 Indian National Supermodel to help monitor the future transmission of infection, thus aiding decisions involving health system readiness and other mitigation measures. Read More |
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Power Finance Corporation
In yet another step to fight the Covid-19 pandemic, Power Finance Corporation Ltd (PFC) , the central PSU under Ministry of Power and India's leading NBFC, has come forward to provide financial assistance of 1.23 crore to the Government of Uttarakhand. Read More |
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Surat Municipal Corporation
Surat Municipal Corporation has taken various IT initiatives to fight Covid-19. It has developed the SMC Covid-19 Tracker System which includes a web portal and mobile application named SMC Covid-19 Tracker to track people who have abroad or interstate travel history and persons who have come in direct contact with Covid-19 individuals. Read More |
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Global Best Practices |
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USCIS
U.S. Citizenship and Immigration Services (USCIS) has announced that it will resume premium processing for certain visa categories starting June 1, 2020. Read More |
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BioNTech
German pharmaceutical company BioNTech has begun testing a potential vaccine for the new coronavirus on volunteers. Read More |
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Ministry of Health, Russian Federation
The Ministry of Health of the Russian Federation has granted a temporary registration certificate to Covid-19 treatment, Avifavir, produced by the Russian Direct Investment Fund (RDIF) and ChemRar Group. Read More |
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Caracol-AM
Caracol-AM has used its experience in the field of additive manufacturing to develop an automated 3D printing solution with KUKA robots. Head mounts for face shields are printed. Additionally, industrial 3D-printers print reusable protective masks. Read More |
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| Online Training Programmes |
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The following are paid programmes conducted online
- Sensors for Industrial Automation – Types, Selection and Applications (June 3, 2020, 2.00 p.m. - 5.00 p.m.). Register Now
- Induction Hardening (June 4, 2020, 2.00 p.m. - 5.00 p.m.). Register Now
- Selection of Motors for Industrial Applications (June 5, 2020, 2.00 p.m. - 5.00 p.m.). Register Now
Anti Friction Bearings - Types, Selection and Applications (June 6, 2020, 10.00 a.m. - 1.00 p.m.). Register Now
- World Class Manufacturing - What, Why and How; Tools and Techniques (June 6, 2020, 2.30 p.m. - 5.30 p.m.). Register Now
- Machine Tool Spindles - Design Approach (June 7, 2020, 10.00 a.m. - 1.00 p.m.). Register Now
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IMTMA Covid-19 Policy Advocacy |
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IMTMA Covid-19 Help Desk |
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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 |
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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.
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