From IMTMA

Industries have resumed their operations giving considerable importance to health and safety of staff. With Government of India giving more thrust to localisation, Indian machine tool industry is keen to substitute imports and also explore new user segments especially agriculture machinery, pharmaceutical and medical equipments, defence, and other emerging sectors.

There will be more push for digitalisation, automation and optimisation of processes in the manufacturing ecosystem in the medium to long-term. Industries need to use manpower judiciously for new product and process developments as well as for engineering services.

Businesses need to expand their horizons through partnerships and joint ventures and explore new sectors for growth. The present environment is also prompting industries to work together for providing services, capacity utilisation and volume manufacturing.

The union government has made a series of announcements for MSMEs to improve liquidity and meet cash flow requirements. Member companies are urged to explore and judiciously take advantage of them.

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.
 

News Updates

 
  COVID-19 impact: Autonomous car
market likely to decline by 3% in 2020
(Economic Times Auto, May 25, 2020).		   Construction industry seeks immediate
release of pending dues from govt agencies
(Economic Times Auto, May 25, 2020).		  
         
  India's crude steel output declines 65%
to 3.13 MT in April: World Steel Association 
(Economic Times Auto, May 25, 2020).		   China's Great Wall expects mild domestic
auto sales growth in Second half
(Economic Times Auto, May 25, 2020)		  
         
  Auto companies again push for nodal agency
(Economic Times, May 25, 2020).		   Domestic flight services resume in India!
After 2 months of coronavirus lockdown,
travellers take flight home
(Financial Express, May 25, 2020).		  
         
  Covid-19 update: India registers another
big spike in cases with 6,977 new infections
(Livemint, May 21, 2020).		   Centre likely to fast-track changes
for uniform flexi labour laws
(Economic Times, May 25, 2020).		  
         
  Seven Years in the Making, Self-Reliance
May Be the Way Forward for India
(Businessworld, May 25, 2020).		   UP government to set up
migration panel to ensure job security
(Times of India, May 25, 2020).		  
 

Central Government Advisories
 
 

Ministry of Home Affairs, Government of India

Ministry issues SOPs for movement of Indian Nationals stranded outside the country, as well as, for those persons stranded in India who are desirous to travel abroad for urgent reasons. Read More

      

Ministry of Health and Family Welfare

Guidelines for domestic travel (air / train / inter-state bus travel). Read More

  
 

National Best Practices
 
 

Suzuki Motor Gujarat

Suzuki Motor Gujarat (SMG) has restarted production of vehicles, from May 25, 2020.  The resumption is strictly in accordance with the Government regulations and guidelines and by observing the Company's own concern for the highest standards of safety, MSI said in a regulatory filing. Read More

      

Hindalco

In response to requests from pharmaceutical packaging companies who are facing an acute shortage of specialised packaging material for Covid treatment drugs, Hindalco’s aluminium foil plant in Mouda, near Nagpur, has resumed operations. The plant is the largest producer of pharmaceutical foil in India, supplying 30 per cent of the market. Read More

  
             
 

Nippon Paint

Nippon Paint (India) introduced special relief measures to help close to 2000 painter partners and their families whose daily income is affected by providing the means to essential commodities. Read More

      

Esab India Limited

Esab India introduces safety precautions while ensuring that there are no supply chain disruptions. Read More

  
 

Global Best Practices
 
 

ADM Agro

ADM (NYSE: ADM) and Hospital de Sagunto, one of the largest medical centers in the Valencia region, have announced their partnership for a clinical trial into the effects of using a food supplement containing live microbial strains to promote gut microbiome balance and help improve health functions related to outcomes for COVID-19 patients in high-risk groups. Read More

      

Esco Aster

A team of local researchers is working on a Covid-19 vaccine that can be modified within three weeks to tackle the Sars-CoV-2 virus if it mutates, and they are hoping for human trials within six months. Esco Aster is developing the vaccine with United States biotechnology company Vivaldi Biosciences, tapping chimeric vaccines which are created by merging proteins from different viruses. Read More

  
 
Online Training Programmes
 

The following are paid programmes conducted online:

  • Six Sigma Approach for Breakthrough Results (May 27, 2020, 3.00 p.m. - 6.00 p.m.). Register Now
  • Basics of Process Capability (CP, CPK, CM) (May 28, 2020, 10.00 a.m. - 1.00 p.m.). Register Now
  • Building Lean Culture through Value Stream Mapping (May 29, 2020, 3.00 p.m. - 6.00 p.m.). Register Now
  • Cleaning of Machined Parts - Need, Process, Do's and Don’ts (May 30, 2020, 10.00 a.m. - 1.00 p.m.). Register Now
  • Pfmea - Process Failure Mode and Effects Analysis (May 30, 2020, 3.00 p.m. - 6.00 p.m.). Register Now
  • Understanding and Implementing GD&T - Form, Orientation, Location, Profile and Run Out Tolerances (May 31, 2020, 10.00 a.m. - 1.00 p.m.). Register Now
  
 
Free Webinar
 
  • Design for Additive Manufacturing (May 29, 2020, 11.00 a.m. - 12.00 p.m.). Register Now
  
 
  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.