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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 has announced a slew of stimulus and relief measures for MSME’s to improve liquidity and to meet cash flow requirements. Member companies are urged to explore and take advantage of them at the earliest.
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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Ministry of Defence approves procurement
of 26 defence items only from local suppliers
to boost ‘Make in India’
(Press Information Bureau,
Government of India, May 20, 2020). |
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Ford temporarily closed factory
after two Covid-19 cases
(Economic Times, May 20, 2020). |
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M&M looks to exit JV with
Japan’s Sanyo Special, Mitsui
(Economic Times Auto, May 21, 2020). |
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ETAuto Originals: Digitally yours
car in the times of Coronavirus
(Economic Times Auto, May 21, 2020) |
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Industry needs to reset relations with workers,
says FM Nirmala Sitharaman amid Covid-19 crisis
(Economic Times Auto, May 21, 2020). |
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SEBI asks listed cos to disclose
impact of lockdown on business
(Economic Times, May 21, 2020). |
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FM assures industry of removing pain points
(Livemint, May 21, 2020). |
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Domestic airlines to resume operations
in
calibrated manner from all major airports
from May 25
(Livemint, May 21, 2020). |
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Second-biggest single-day spike takes
Covid-19 cases in India to over 1.1 lakh
(Hindustan Times, May 21, 2020). |
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50-day lockdown, relaxation for 30 days: British scientists suggest new model to beat Covid-19
(Hindustan Times, May 21, 2020). |
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Central Government Notifications |
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Directorate General of Health Services, Ministry of Health and Family Welfare, Government of India
Guidelines on preventive measures to contain spread of Covid-19 in workplace settings. Read More |
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Ministry of Commerce & Industry, Government of India
Extension of Interest Equalization Scheme (IES) for Pre and Post Shipment Rupee export credit for one more year i.e. upto March 31, 2021 with same scope and coverage. Read More |
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Reserve Bank of India
Extension of Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit- Extension upto March 31, 2021. Read More |
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State Government Notification |
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Government of Maharashtra
Guidelines during extended period of Lockdown up to May 31, 2020 with effect from May 22, 2020, dated May 19, 2020. Read More |
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Government of Uttar Pradesh
The state government has issued an order regarding extension of lockdown. As per the order certain activities shall continue to be prohibited amidst the lockdown. Read More |
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National Best Practices |
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JLR
The company drove off the first Range Rover made under new social distancing measures from its Solihull manufacturing plant following the recent temporary pause in production due to the coronavirus pandemic. The safety measures taken by JLR include temperature checks with thermal cameras, a two-meter distance between people wherever possible, Personal Protective Equipment, the introduction of one-way systems and enhanced cleaning at the plants. Read More |
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AIIMS
All India Institute of Medical Sciences (AIIMS) is set to study how long coronavirus can remain in the body and whether dead bodies of Covid-19 patients transmit infection, as it plans to conduct the first ever autopsy soon on the body of a person who died of coronavirus. Read More |
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GVK BIO
The company has set up a Covid-19 Command Center consisting of senior leaders with decision making authority. This command center is tasked, trained, and empowered to coordinate a response in the event of an emergency, and is also the point of contact for employees with any query related to the Covid-19 pandemic. Read More |
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Hikal
Global life sciences company has contributed
Rs. 1 crore to the PM-CARES Fund to aid the government’s initiatives in fighting against the deadly Covid-19. Read More |
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Global Best Practices |
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Tate & Lyle
The company has introduced additional controls at every facility to continue to uphold the high standards of safety and quality expected of their ingredients and to ensure their availability to their customers, allowing them to play our part in maintaining consistency of supply into the global supply chain. Read More |
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DuPont
DuPont manufacturing facilities are working round the clock to produce Tyvek protective gear for healthcare workers and first responders. Read More |
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| Online Training Programmes |
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The following are paid programmes conducted online:
- 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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