From IMTMA Desk

Dear Members,

India has begun Year 2023 on an optimistic note while exercising caution as the global trend is indicating a slowdown. India is one among the few countries which is overriding this effect and managing to stay steady.

India’s manufacturing PMI (purchasing managers’ index) recorded 57.8, a 26 months’ high as the year 2022 ended, according to S&P Global. Merchandise exports from India had risen steadily during the last two years, crossing $400 billion in FY 2022. India will attempt to keep this going despite the global headwinds.

Indian machine tool industry has been cruising well in terms of consumption and production. Order book position for the forthcoming quarters also looks encouraging.

Measured government schemes, production linked incentive (PLI) schemes, free trade agreements (FTAs) especially those inked with UAE and Australia during last year and increased government expenditure in various industry sectors such as construction, railways, electronics, agriculture, defence, etc. besides retail consumption have enabled us to hold fort.

IMTMA is all geared up for its flagship event, IMTEX, Tooltech & Digital Manufacturing 2023. IMTEX has more than 980 exhibitors from 23 countries. Click here to view the IMTEX 2023 film. Register your visit today @ IMTEX Expo Platform and plan your visit.

Association Initiatives

Data & Research Reports

IMTMA publishes a series of reports analysing the demand trends in machine tool industry:

· Comprehensive Report on Indian Metal Cutting Machine Tool Industry 2022

· Comprehensive Report on Indian Metal Forming Machine Tool Industry 2022

· Gardner Intelligence Machine Tool Survey 2021 Insights

· Business Feasibility Study for Indian Machine Tool Manufacturers in Thailand 2022

· Market Research Reports on Machine Tool Export Markets

· Indian Machine Tool Industry Consumption Statistics

· Ten Year Indian Machine Tool Industry Data (FY 2012-13 to FY 2021-22)

· Machine Tools User Industry Updates

· Machine Tools User Sector Project Investment list

· Guide Book on Export packing of Machine Tools – January 2016

· Compendium of i2 Academia Pavilion R&D Projects

All these reports can be accessed on this page here.

Mega Events

International Seminar on Manufacturing Technologies

18 January 2022: BIEC, Bengaluru

Coinciding with IMTEX 2023, IMTMA is organizing an ‘International Seminar on Manufacturing Technologies’ on 18 January 2023 at BIEC, a day before IMTEX 2023. The seminar will present the latest technological developments in manufacturing and allied technologies. Dr. Nandini Chakraborty, Associate Director, Manufacturing Technology Centre, UK will deliver the keynote address. The seminar will also have parallel concurrent sessions on Machining, Emerging Trends, Additive Manufacturing, Workholding and Tooling, Enabling Technologies, and Industry 4.0. More Information

Trade Fairs

IMTEX 2023, Tooltech 2023 & Digital Manufacturing 2023

19 - 25 January 2023: BIEC, Bengaluru

Activities of Bangalore International Exhibition Centre (BIEC)

A series of renowned exhibitions and events are in the pipeline to be held in BIEC in coming quarters:

· In January 2023 we have our flagship IMTEX 2023 along with Tooltech and Digital Manufacturing.

· BIEC will be the host for India Energy Week’s (IEW) inaugural edition in February 2023.

· IEW 2023 will be organized by DMG Events under the patronage of the Ministry of Petroleum and Natural Gas and with support from FIPI and Indian Oil. More than 50 countries are expected to participate in the show. The inaugural edition will convene leaders from the energy value chain, finance, government, think tanks and academia to address the challenges and opportunities presented by a responsible energy transition that balances security, affordability, and access and sustainability. It will provide a unique opportunity for key decision-makers to expedite synergies between stakeholders and identify new growth opportunities.

Other exhibitions and events to look out for include:

· HBLF, architectural and interior products exhibition.

· STONA, one of the largest international exhibitions on stones and granites.

· Herbalife, an event focusing on everyday wellbeing and nutrition.

· IIJS Tritiya 2023, a new show by for the south Indian market by GJEPC which had organized the IIJS Premiere in BIEC earlier. View our latest BIEC newsletter here.

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

· Industrial Safety - Shopfloor Perspective | 2 - 3 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

· Design For Manufacturing and Assembly (DFMA) -Plastics, Sheet Metal, Castings, Forgings and Machined Parts | 6 - 10 February 2023 | 9.40 a.m. - 1.00 p.m. | Register Now

· Machining Aerospace Materials - Challenges and Solutions | 7 - 8 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

· Programmable Logic Controller (PLC) – A Key Technology for Industrial Automation | 14 - 15 February 2023 | 1.10 p.m. - 5.30 p.m. | Register Now

· How to get the best out of CMMs | 15 - 16 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

· Selection and Sizing of Motors for Industrial applications | 16 - 17 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

· Hands on Training & Internship on "Design and Manufacturing Special Purpose Machine" Preparing Women Engineers Industry Professionals | 20 February - 13 May 2023 | IMTMA Technology Centre, Bengaluru | Register Now

· Virtual Classroom Training on ASME Y14.5 Geometric Dimensioning and Tolerancing in Design thru Manufacturing, 2.25 CEUs, 22.5 PDHs (Including preparatory for GDTP-Senior Level Examination) | 20 - 24 February 2023 | 9.30 a.m. - 1.30 p.m. | Register Now

· Value Engineering & Value Analysis (VA/VE) | 22 - 24 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

· How to become an effective FMEA Practitioner as per combined AIAG & VDA Version | 22 - 24 February 2023 | 1.40 p.m.- 5.00 p.m. | Register Now

· Servo Technology -The Future of Industrial Motion Control | 27 - 28 February 2023 | 1.40 p.m. - 5.00 p.m. | Register Now

Classroom Training Programmes

· Geometric Dimensioning and Tolerancing (GD&T) in Design through Manufacturing | 14 - 15 February 2023 | IMTMA Technology Centre, Pune | Register Now

· Practical Hands-on 3 days Workshop on Electrical Switch Gears, Protections & Applications | 15 - 17 February 2023 | IMTMA Technology Centre, Bengaluru | Register Now

· Tolerance Stack-Up Analysis | 23 - 24 February 2023 | IMTMA Technology Centre, Bengaluru | Register Now

· Ways to Overcome Challenges in the Machining of Large Components | 24 February 2023 | IMTMA Technology Centre, Pune | Register Now

Industry News

Economy

· World Bank revs up growth hopes to 6.9% | The Hindu | 6 December 2022 | Link

· Indian economy grows 6.3% in Q2 of FY23; services shine, manufacturing & mining sectors drag | The Times of India | 30 November 2022 | Link

Aerospace & Defence

· Why India's defence sector is booming | Forbes | 1 December 2022 | Link

· Two PSUs better their ranks among top defence companies | The New Indian Express | 7 December 2022 | Link

Railways

· BHEL bids for ₹58,000 cr deal to manufacture, maintain 200 Vande Bharat trains | Livemint | 1 December 2022 | Link

· The Race To Manufacture 200 Vande Bharat Trains: A Look At Key Contenders, Expertise And Partnership | Swarajya | 6 December 2022 | Link

Power / Renewable Energy

· India wants solar manufacturers to bid for $2.4 billion in aid | Livemint | 22 November 2022 | Link

· Titan Wind Energy to Buy Local Marine Equipment Manufacturer For 3 Billion Yuan| MarketScreener | 6 December 2022 | Link