eNewsletter
October 2019
 

From IMTMA’s Desk

Chennai Machine Tool Expo 2019 - Heralds a New Era in Manufacturing
IMTMA launched the first edition of Chennai Machine Tool Expo on September 26th at Chennai Trade Centre in Chennai. Mr. Srivats Ram, Managing Director, Wheels India Limited inaugurated the show. The expo in Chennai was part of IMTMA’s endeavour to take technological advancements to the doorsteps of industrial units in Tamil Nadu and South India and connect with the manufacturing and supply chain companies in Tier 2 and Tier 3 cities in addition to the metros. Chennai Machine Tool Expo 2019 held in a gross area of 4,400 square metres featured 56 exhibitors from 5 countries.
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73rd Annual General Meeting

Indradev Babu elected IMTMA President

IMTMA held its 73rd Annual General Meeting (AGM) at Bangalore International Exhibition Centre (BIEC) held on 12 Sept. 2019. Mr. Indradev Babu, Managing Director, UCAM Private Limited was elected as the new President of IMTMA. Mr. Ravi Raghavan, Managing Director, Bharat Fritz Werner Limited was elected as the new Vice President of IMTMA.

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IMTMA Regional Council Meeting

Meeting of IMTMA Regional Council (South)

A meeting of IMTMA Regional Council (South) was held at BIEC, Bengaluru on 28th August 2019. A presentation on "IMTMA’s Policy Initiatives" was made by Mr. P J Mohanram, Sr. Advisor, IMTMA. Members interacted on the current industry status and actions needed to gear up to the challenge to meet customer expectations.

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Participation in International Event

IMTMA participated in the 22nd edition of EMO, the world’s largest metalworking show organized by VDW in Hannover from 16 - 21 September 2019. For the first EMO had the largest participation from India (36 Companies: 21 Members and 15 Non-Members). Indian Exhibitors participated to get the best out of EMO 2019. Many of them were happy with the response from (visitors / enquiries). EMO 2019 featured a good number of emerging technologies.

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  Member’s News

Explore AXIS - World of NexGen mICRO Tools
AXIS presented its NexGen High Precision Tools focusing on Application specific Micro TOOLS and innovations for challenging applications and emerging materials at EMO Hannover 2019.
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Upcoming Events

Symposium on Smart Automation

To drive manufacturing excellence through automation, IMTMA will organize Symposium on Smart Automation on 21 - 22 November 2019 at BIEC, Bengaluru.

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International Seminar on Forming Technologies

Coinciding with IMTEX FORMING, IMTMA will organize an International Seminar on Forming Technologies on 22nd January 2020 at BIEC, Bengaluru.

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IMTEX FORMING 2020 & Tooltech 2020

South and South East Asia’s largest exhibition on metal forming will be held at BIEC, Bengaluru from 23rd - 28th January 2020. Tooltech will be held concurrent to IMTEX FORMING 2020 and will showcase tools for metalworking machine tools, Measuring machines and instruments.

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Manufacturing Industry News
Auto Components
 Car crash hits economy, pain spreads to rural India
(The Hindu Business Line, 4th September 2019).
 
 GST rate cut, emphasise on exports can spur demand : Auto experts 
(The Times of India, 5th September 2019).
 
 Toyota expects prices of its diesel models to go up by 20 pc after BSVI upgrade
(The Times of India, 8th September 2019).
 
 Indian auto component industry need not fear EVs, say Industry leaders  
(ET Auto, 9th September 2019).
 
MSME
 Maharashtra’s MSMEs staring at a bumpy future
(The Hindu Business Line, 4th September, 2019).
 
 
  Nitin Gadkari wants to increase employment in MSMEs to 15 cr; plans to launch Bharatcraft portal.
(The Economic Times, 5th September, 2019).
 
  Corporate tax cut to help India become a $5 tn economy by 2024 : Adityanath
(The Times of India, 22nd September, 2019).
 
Defence
  India & Russia ink 25 pacts to boost energy, defence ties
(The Times of India, 5th September, 2019).
 
 India to manufacture spare parts, components for Russian defence equipment
(Financial Express, 5th September, 2019).
 
 Defence orders, sticky margins to keep D-St interested in BEL  
(ET Markets, 27th September, 2019).
 
Forthcoming Events
IMTEX FORMING 2020 & Tooltech 2020
23 to 28 January 2020
BIEC, Bangalore

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Edited by : Director General, Indian Machine Tool Manufacturers' Association. Email: imtma@imtma.in

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