From IMTMA Desk
Policy changes have a lasting impact on businesses. India’s response to fiscal, monetary and health adversities has helped it mitigate many uncertainties and propel growth under most difficult circumstances. The country’s manufacturing PMI (purchasing managers’ index) has in the recent months hovered over 50 PMI points, indicating economic expansion and improvement in manufacturing activities. India’s services activities also expanded rapidly, moving to 59.2 PMI in June, in a span of more than a decade, according to S&P Global India Services PMI Business Activity Index. Under the Scheme of ‘Enhancement of Competitiveness in the Indian Capital Goods Sector – Phase II’, companies are developing products and technologies to enhance competitiveness and it will augur well for manufacturing growth provided if industries make optimum use of the scheme. There’s good optimism and positive exuberance among industries and IMTEX 2023 scheduled to be conducted as an in-person exhibition for the first time since 2019 will fuel India’s aspirations of becoming a global manufacturing hub.
 
 
Industry News
 
Economy
 
  • Economy On Course To Achieve 8-8.5% Growth Based On Q1 Data: Finance Ministry (Outlook; 19 July 2022).
  • India’s GDP to grow 7% this fiscal: FICCI survey (Financial Express; 21 July 2022).
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    Aerospace & Defence
     
  • India’s defence exports touch Rs 13,000 cr, private sector leads way with aerospace manufacturing (The Print; 8 July 2022).
  • Karnataka's new aerospace policy to promote drone technology (Economic Times; 22 July 2022).
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    Railways
     
  • Railways floats fresh tender for 200 next generation Vande Bharat trains (Hindu Businessline; 18 July 2022).
  • Railways Gear Up for Mass Production of Axles and Wheels for Wagons and LHB Coaches (Swarajya; 23 July 2022).
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    Medical Equipments
     
  • IIT-Delhi's centre to give push to medical device startups (The Times of India; 8 July, 2022).
  • Uttar Pradesh: Oxygen concentrators, ortho surgery tools to be made at Medical Park (Times of India; 19 July 2022).
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    Railways
     
  • Indian Railways to invest Rs 50 crore in startups annually; innovators to retain their IPR (Financial Express; 13 June 2022).
  • With Vande Bharat sleeper, Indian Railways eyes trains better than Rajdhani Express; 20 features (The Times of India; 14 June 2022).

  • Association Initiatives
     
    Meeting of IMTMA Regional Council (South)

    The first meeting of the IMTMA Regional Council (South) for the year 2022-23 was held on 4th June 2022, at Bharat Fritz Werner Ltd., Bengaluru. Coinciding with this meeting, a visit to the shop floors at BFW and m2nxt was organised. Members were apprised on industry trends pertaining to consumption, production, and exports of the Indian machine tool industry, over the previous financial year.   Read More


    Trade Fairs
     
    IMTEX 2023, Tooltech 2023 & Digital Manufacturing 2023

    IMTMA will organize its flagship IMTEX 2023 along with concurrent Tooltech and Digital Manufacturing at BIEC, Bengaluru. The exhibition with focus on metal cutting and manufacturing technologies is returning as an in-person exhibition for the first time since 2019. IMTEX 2023 will also feature i2 Academia Pavilion, AatmaNirbhar Bharat Pavilion, International Buyer-Seller Meet, etc. Exhibitors from India and overseas and business visitors from a cross-section of industry sectors are expected to throng the exhibition.   Read More

    BIEC
     
    From BIEC Desk

    BIEC is fully back in business with 3 big landmark exhibitions, EXCON 2022, the largest construction equipment event in South Asia, IndiaWood 2022, the world’s leading trade fair and expo for woodworking and furniture manufacturing industry, IMTEX FORMING 2022, Asia’s largest machine tool and forming technology show which evoked good response from the manufacturing community, and some other key exhibitions and events. The back-to-back exhibitions have brought back the much needed fillip to industries and we expect more exhibition and event organizers to foray into BIEC in the coming quarters.

    Exhibitions / Events

    Roof India 2022

    Benchmarked as Asia’s most definitive expo for roofing and allied products, Roof India 2022, organized by Hyve India at BIEC from 21 to 23 April 2022 was an unparalleled business platform converging market leaders and newest of technologies in roofing segment. Pre-engineered buildings, factories, airports, metro rail, hotels, IT parks, retail malls, hypermarkets, integrated townships are all buzzwords in India’s booming building construction and infrastructure industry. Stakeholders from all these were in action at the 3 day exhibition.  Read More

    EV Expo 2022

    A 3 day national-level exhibition on electric vehicles EV Expo 2022 along with Green Energy Summit 2022 was organized by Karnataka Electrical Autos-Producers and Sellers Affiliation (KEVMDA), in collaboration with from 6 to 8 May 2022 at BIEC. Over 100 companies manufacturing two-wheelers and four-wheelers, battery firms, spare-parts producers, distributors, and monetary service suppliers attended the expo to understand the latest developments in electric vehicles, components, and services.  Read More

    EXCON 2022

    The Confederation of Indian Industry (CII), India’s apex industry body and premier exhibition organizer, hosted the 11th edition of EXCON, one of the largest exhibitions on construction equipment and technology from 17 to 21 May 2022 at BIEC. Leading construction equipment manufacturers demonstrated the versatility of machines, the sophistication of construction technologies and show builders and contractors cost-effective solutions for quick project implementation with a focus on quality, safety and environmental sustainability. The exhibition was inaugurated by Shri. Basavaraj Bommai, Chief Minister, Government of Karnataka and General V K Singh, Minister of State for Road Transport & Highways, Government of India along with senior officials from CII.  Read More

    Distribuelec 2022 I Buildelec I Intelect

    Distribuelec, Buildelec and Intelect 2022 exhibitions – the mega show on the latest advancements in power distribution and building electricals was organized by Indian Electrical & Electronics Manufacturers’Association (IEEMA) from 25 to 27 May 2022 at BIEC. It was inaugurated by Shri A. Namassivayam, Hon’ble Minister of Home and Power, Government of Puducherry. Exhibitors showcased breakthrough technologies, innovative solutions and cutting edge technologies for smart distribution. The INTELECT conference centred on the resilient and sustainable paradigm with knowledge packed sessions on energy transition, distribution challenges and way forward.  Read More

    IndiaWood 2022

    The 12th edition of IndiaWood, the international trade fair for furniture production technologies, woodworking machinery, tools, fittings, accessories, raw materials and products was organized by NürnbergMesse from 2 to 6 June 2022 at BIEC. The exhibition offered visitors a comprehensive overview of the prevailing technological innovations and the latest manufacturing trends in furniture manufacturing, woodworking technologies, tools, fittings, accessories and raw materials. Focusing on the latest global trends in carpentry, skilling, innovation, automation and digitalization, the 5 day exhibition provided ample opportunities for industry stakeholders to establish India as one of the top furniture manufacturing destinations.  Read More

    India Mattress Tech + Upholstery Supplies Expo 2022

    The India Mattress Tech Expo + Upholstery Supplies, the 6th international trade fair for mattress and upholstery production technology, machinery, supplies, production tools and accessories organized by NürnbergMesse ran concurrently with IndiaWood at BIEC from 2 to 5 June 2022. To aid manufacturers in improving efficiencies, equipment suppliers showcased new machines that increase the number of times a mattress can be folded or rolled before being put in a box. More folds mean mattresses fit in smaller boxes, and smaller boxes mean more efficient logistics, including reduced shipping and storage costs.  Read More

    ELAsia 2022

    The 9th edition of ELAsia, an international exhibition on power, electrical and lightning was organized by Triune Exhibitors in association with Electrical Consultants Association of India and supported by NSIC from 24 to 26 June 2022 at BIEC. The exhibition was a podium to compare the best in the world to the best in India. The show constituted an ideal platform not just for maximum exposure of cutting-edge products and services to key electrical, electronics, lightings and power sectors. The face-to-face business meetings among the various stakeholders during the exhibition are expected to advance the industry by leaps and strides.  Read More

    Green Vehicle Expo 2022

    The 3rd edition of Green Vehicle Expo, organized by Media Day Marketing from 1 to 3 July 2022 at BIEC, provided ample opportunities for electric vehicle and battery manufacturers to showcase the advancements in EVs, hybrid vehicles, components, batteries, charging stations, GPS and allied industry. Increasing fossil fuel prices and awareness on environment protection has put the spotlight on using alternative modes of transport through green vehicle technology adoption. Conference on Challenges, Opportunities and the Road Ahead for the EV industry was held by Conference Partner PEERRI during the event where speakers from NITI Aayog, Representatives from BESCOM, state government officials and industry stakeholders expressed their views on different topics.  Read More
    Technology & Training
     

    IMTMA continues its endeavour to create a pool of skilled workforce for machine tool and manufacturing industries through its various online and classroom training programmes. In the month of August, we are bringing a series of exciting training programmes. Access our training calendar and register for the programmes:

     

    Online Training Programmes

  • Quick Change over Techniques in Manufacturing through SMED Principles (1 - 2 August 2022; 9.40 a.m. - 1.00 p.m.).   Register Now
  • Improving Process Capability (1 - 2 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • Defects Analysis and Troubleshooting of Moulded Components (2 - 3 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • Fundamentals of Advanced Product Quality Planning (APQP) & Implementation of the Production Part Approval Process (PPAP) (3 - 5 August 2022; 1.10 p.m. - 5.00 p.m.).   Register Now
  • Geometric Dimensioning and Tolerancing (GD&T) in Design through Manufacturing (3 - 5 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • Testing, Calibration and Accuracy Measurement of CNC Machine Tools (4 - 5 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • VFD and its Industry Applications (12 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now

  • Problem Solving Tools & Techniques (22 - 25 August 2022; 9.10 a.m. - 1.30 p.m.).   Register Now
  • Design for Manufacturing and Assembly (DFMA) - Plastics, Sheet Metal, Castings, Forgings and Machined Parts (22 - 26 August 2022; 9.40 a.m. - 1.00 p.m.).   Register Now
  • Essential Skills for Smart Mechanical Designers (22 August - 3 September 2022; 9.40 a.m. - 1.00 p.m.).   Register Now
  • Industrial Sensors - Types, Selection & Applications for Process Control (24 - 25 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • Best Practices in Supply Chain Management for Survival and Growth (25 - 26 August 2022; 1.40 p.m. - 5.00 p.m.).   Register Now
  • Classroom Training Programmes

  • Advanced CNC Programming for Machining Centres (1 - 4 August 2022; IMTMA Technology Centre, Pune) Register Now
  • Hands on Training on “Machine Tool Design - Special Purpose Machine (SPM)” (8 August - 1 October 2022; IMTMA Technology Centre, Bengaluru).   Register Now
  • Finishing School in Production Engineering - Pune (16 August - 28 September 2022; IMTMA Technology Centre, Pune).   Register Now
  • Hands-on Training on Industrial and Machine Automation for Digital Manufacturing (An Exclusive Programme For Passionate Electrical, Electronics and Mechatronics Engineers) (16 August - 26 September 2022; IMTMA Technology Centre, Bengaluru).   Register Now
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    Published by Indian Machine Tool Manufacturers' Association.

    Email: imtma@imtma.in

    Disclaimer : The pictures shown in the newsletter have been taken from various sources and IMTMA does not take responsibility for the accuracy of the same.

     
     
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