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From
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Industries have resumed their operations in a calibrated way, specifically in green zones with around 33% staff and in some cases with more capacity. Companies however need to ensure business continuity without compromising on health and safety of its staff against Covid-19.
While resuming their operations, industries need to focus on getting new orders apart from completing the existing ones. Businesses must expand their horizons through partnerships and joint ventures, and explore new sectors for medium to long term business opportunities and growth. Innovative and aggressive marketing and an open mindset is vital for industries in these times of uncertainties.
Government of India had announced a series of stimulus measures for MSMEs and manufacturing industry must brace up to increase their R&D spend to avail those opportunities.
IMTMA through this e-newsletter is bringing updates on the various stimulus measures/packages announced by the central and state governments which are beneficial to the industry. The newsletter also gives an insight into the general news updates and the best practices adopted by Indian and overseas industries to combat this pandemic. |
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News
Updates
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IMF chief Kristalina Georgieva warns full
global economic recovery unlikely in 2021
(Economic Times, May 19, 2020). |
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Gujarat Lockdown 4.0: Salons, parlours allowed;
private offices to operate with 33% staff
(Economic Times, May 19, 2020). |
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Rural prosperity drive demand,
tractor makers look to ramp up supply
(Economic Times Auto, May 19, 2020). |
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Coronavirus Live Updates: Total Covid-19
cases in India near 1,00,000; over 36,000 cured
(Financial Express, May 19, 2020) |
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Lockdown 4.0: Need to broaden
Aarogya Setu app’s horizon
(Financial Express, May 19, 2020). |
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Could the rupee be getting a little respite?
(Financial Express, May 19, 2020). |
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Entry from Delhi to Noida and Ghaziabad
allowed, except from containment areask
(Livemint, May 19, 2020). |
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Lockdown 4.0: MHA withdraws order
directing companies to pay full wages during
Covid-19 lockdown
(Times of India, May 19, 2020). |
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Covid lockdown 4.0: What's open
and what's shut in Delhi
(Times of India, May 19, 2020). |
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Yogi allows relaxations in lockdown 4.0 in UP
(Outlook, May 19, 2020). |
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Hero Motocorp to defer
its CAPEX plan for this year
(Economic Times Auto, May 19, 2020). |
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Moderna says Covid-19 vaccine shows
promise in early trials, excites markets
(Economic Times, May 19, 2020). |
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Central Government Advisories |
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Ministry of Home Affairs, Government of India
MHA issued revised guidelines regarding lockdown restrictions to contain Covid-19. Under the new guidelines effective from today, states and union territories would now delineate the Red Orange and Green zones, taking into consideration the revised guidelines issued by Ministry of Health and Family Welfare (MoHFW) on 17.05.2020. Read More |
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Ministry of Health & Family Welfare, Government of India
Preparedness and response to Covid-19 in urban settlements. Read More |
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State Government Advisories |
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Government of Karnataka
Guidelines on Lockdown measures from May 18, 2020 to May 31, 2020. Read More |
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Government of Haryana
Detailed guidelines for Lockdown 4.0 for Haryana. Read More |
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State Government Notifications |
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Government of Gujarat
To enable economic activitiy and generate employment, the state government has announced that new projects will be exempted from all labour laws for 1200 days. The exemption will be granted to all new projects. Read More |
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Government of Andhra Pradesh
The AP government has constituted a committee for preparation of a blueprint for gradual phasing out of lockdown in the state. Read More |
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National Best Practices |
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Tata Motors
Tata Motors has announced a package of offers for safe and convenient personal mobility with easy financing to help maintain social distancing norms amid the nationwide lockdown. Read More |
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AMRI Hospital
AMRI Hospital, located in Salt Lake area of the capital city of West Bengal, has equipped its Covid-19 wards with a device that allows doctors to have a dialogue with patients via video. Read More |
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Central Coalfields
Central Coalfields Limited (CCL), a subsidiary of Coal India, under the dynamic leadership of its Chairman-cum-Managing Director, Shri Gopal Singh is not only motivating the employees and stakeholders to play significant role in the country’s fight against the coronavirus pandemic but ensuring that no one should sleep hungry in command areas of the company during lockdown. CCL has set up dedicated helpline numbers (0651-2365999, 0651-2361013, 0651-2360606) so that any needy person staying in command areas of the company can give call during the lockdown and company will extend all possible support to them including arranging food grains packet and medical advice. Read More |
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Praj Industries
Praj Industries has developed unique process technology in its government approved, state-of-the-art research centre that helps formulate alcohol into high quality sanitizers. Read More |
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Global Best Practices |
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Nissan
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault. Read More |
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US Government
In its measure to help India fight against the soaring Covid-19 cases, the United States will airlift 200 mobile ventilators, each estimated to cost about Rs 1 million. Read More |
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| Live Webinar (Free) |
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- Awareness on How to achieve Zero Down Time (ZDT) in CNC Machines? (May 22, 11.00 a.m. - 12.00 p.m.). Register Now
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| Online Training Programmes |
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The following are paid programmes conducted online:
- Fundamentals of Machining Fixtures - A practical approach (May 21, 2020, 03.00 p.m. - 06.00 p.m.). Register Now
- Finite Element Methods (FEM) for structural design - How, What and Why? (May 23, 2020, 03.00 p.m. - 06.00 p.m.). Register Now
- Quick changeover techniques in Discrete Manufacturing (May 23, 2020, 10.00 a.m. - 01.00 p.m.). Register Now
- Understanding and Implementing GD&T - Essential Fundamentals (MMC, LMC, Rule1, Rule2, RFS, Bonus tolerance, etc.) (May 24, 2020, 10.00 a.m. - 13.00 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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