eNewsletter
July 2019
 
From IMTMA’s Desk
Capital Goods and Machine Tools Fortunes are Intertwined
Capital goods sector occupies a strategic position in India’s economy as it provides the machinery and equipment needed for many industries involved in manufacturing of goods and services directly or indirectly.
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Upcoming Events
Delhi Machine Tool Expo 2019

IMTMA is organizing the third edition of Delhi Machine Tool Expo (DMTX 2019) at India Exposition Mart Limited in Greater Noida from 8th to 11th August 2019. The expo has elicited a good response with over 200 exhibitors expected to participate.

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National Productivity Summit 2019

To champion the cause of productivity and enhancing competitiveness in the Indian manufacturing industry, IMTMA is organizing the 13th edition of National Productivity Summit on 20-21 August 2019 at BIEC, Bangalore. The summit will be an excellent platform for knowledge sharing, cross learning and networking.

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Chennai Machine Tool Expo 2019
IMTMA is organizing the first ever Chennai Machine Tool Expo at Chennai Trade Centre, Chennai from 26 - 29 September 2019. Chennai being an important hub for automotive and engineering industries makes it a potential market for machine tool builders to expand their business horizons. Keeping this in view IMTMA has announced this show. Around 75 exhibitors have registered for participation.
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Manufacturing Industry News
E-vehicles
 Two-wheeler manufacturers term complete EV switchover by 2025 unrealistic
(Financial Express, 10 June 2019).
 
 FAME-2 needs consistent policy backup to succeed
(Financial Express, 19 June 2019).
 
 GST on electric vehicles may be reduced to 5%
(The Economic Times, 19 June 2019).
 
MSME
 Realign employee skills for the digital wave in SMEs
(Financial Express, 17 June 2019)
 
  RBI panel on MSMEs recommends doubling collateral-free loans limit to Rs 20 lakh
(Business Today, 19 June 2019)
 
  New industrial policy to be announced soon: President
(The Times of India, 20 June 2019).
 
Aerospace and Defence
 Indian aerospace firm delivers 1000th electrical panel for Boeing's Apache
(The Times of India, 10 June 2019).
 
 India’s space start-ups ignite investor interest
(The Hindu Business Line, 23 June, 2019).
 
 India lining up defence deals worth $10 billion with US amid trade row
(The Times of India, 24 June 2019).
 
Manufacturing
 Manufacturing sector outlook moderates in Apr-Jun: FICCI survey
(The Times of India, 23 June 2019).
 
 'Some foreign firms keen to set up plants in India to supply raw materials for bulletproof jackets'
(Business Standard, 23 June 2019).
 
Forthcoming Events
Delhi Machine Tool Expo 2019
8 to 11 August 2019
India Exposition Mart Limited, Greater Noida
Chennai Machine Tool Expo 2019
26 to 29 September 2019
Chennai Trade Centre, Chennai


IMTMA – ACE Micromatic Productivity Championship Awards 2019
21 to 22 August 2019, Bengaluru
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Edited by : Director General, Indian Machine Tool Manufacturers' Association. Email: imtma@imtma.in

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