Dear Member,
As we approach the end of the financial year 2024-25, we extend our gratitude for your unwavering support.
The year began on a high note with the successful Pune Machine Tool Expo (PMTX) in May 2024, the inaugural Factory Equipment Expo (FACTEQ) in Pune, and the 9th Machine Tool Industry Summit in June 2024, Goa.
To enhance member engagement, a new initiative - IMTMA Town Hall meeting was organised in July 2024, providing insights into the macroeconomic landscape, industry updates, and IMTMA's latest initiatives.
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IMTEX 2025 held in January 2025 set a record and delivered a week of insightful discussions, and groundbreaking technological advancements and enabled business opportunities.
Throughout the year, we welcomed new members, strengthened our industry network, and deepened our commitment to advancing the machine tool industry.
Happy Reading!
IMTMA Membership Desk
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IMTMA holds the third Awareness Workshop on OTR in Rajkot
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IMTMA in collaboration with Bureau of Indian Standards (BIS) and MHI organized awareness workshops on 21 February, 2025 in Rajkot focusing on the notified Safety of Machinery and Electrical Equipment (Omnibus Technical Regulation) Order, 2024 (OTR) by the Ministry of Heavy Industries (MHI).
Mr. Mohit Janoiya, Joint Director and Scientist 'D' at BIS, gave a presentation covering the various aspects of OTR order 2024. He also urged industries to register with BIS which is the first step towards participating in process of adoption and certification of OTR Order 2024.
The sessions were highly interactive and several aspects regarding the implementation and certification of imported and domestic machinery and equipment were discussed and clarified.
Registration Portal (OTR)
Link for Registration for OTR (Domestic Manufacturers only) - https://manakonline.in/MANAK/eBISLogin
OTR Registration Steps - https://www.bis.gov.in/wp-content/uploads/2024/12/OTR-registration-for-dometic-manufacturers.pdf
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Regional 'Vision' Conclave - West
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27 - 28 February 2025 : Pune
Regional ‘VISION’ Conclave – West, was successfully held on 27-28 February, 2025, at Hotel Regenta Central Grand Exotica, Pune. The event brought together MSME leaders, industry experts, and stakeholders to align with ‘VISION’ objectives and the strategic roadmap of ‘MISSION 2028’.
The Conclave served as a vital platform to engage, orient, and empower MSMEs, ensuring their pivotal role in driving innovation and sustainable growth within the Indian machine tool industry. Insightful discussions, interactive sessions, and expert insights enriched the experience for all attendees.
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IMTMA's Women Empowerment Initiative
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We are pleased to share the successful conclusion of the 4th edition of IMTMA's Women Empowerment Initiative, and the first programme organised in Pune, held from January 6 to March 4, 2025, at the IMTMA Technology Centre, Pune.
This 8-week intensive training programme, sponsored by Alex Machine Tools Pvt. Ltd., aimed at equipping 17 talented women engineers with industry-relevant skills in design and manufacturing of special-purpose machines. The participant group included 14 engineering graduates and 3 final-year students. Through hands-on training and mentorship, the programme successfully empowered participants with practical experience, enhancing their industry readiness and fostering innovation in the manufacturing sector.
IMTMA remains committed to driving women’s empowerment in engineering and look forward to expanding this initiative further.
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Machine tool associations from various regions play a crucial role in encapsulating the latest global trends and insights in the machine tool industry. They provide valuable analysis and updates, keeping companies, government bodies, and institutions informed about transformative technologies.
These associations facilitate a global marketplace, fostering increased business opportunities and growth while enhancing industry knowledge. This focus on knowledge sharing is vital for improving competitiveness and promoting sustainability within the sector. By staying connected and informed, stakeholders can adapt to changes and leverage new technologies to drive innovation and efficiency.
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The Current Condition of the Japanese Machine Tool Industry
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Source: JMTBA (Japan Machine Tool Builders' Association)
NEWS RELEASE: 4 March, 2025
Monthly Machine Tool Orders （January 2025)
The total value of machine tool orders in January was 116.15 billion yen. This decreased 18.8% compared to December 2024 and marked the first month of month-on-month decline in two months. However, this figure represented an increase of 4.7% compared to the same month of the previous year and marked the fourth consecutive year-on-year growth.
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German Machine Tool Industry with Muted Annual Results 2024
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Source: CECIMO
Turnaround expected in second half of 2025
Frankfurt am Main, 4 March 2025. – Orders received by the German machine tool industry in the fourth quarter of 2024 were 7 percent down on the previous year's figure. Orders from both Germany and abroad fell by similar amounts: 7 percent and 6 percent, respectively. In 2024 as a whole, incoming orders declined by 19 percent. Domestic orders were 9 percent down on the previous year, while orders from abroad fell by 24 percent.
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Machine Tool Sector seeks to close ranks around the industry
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20 February, 2025
· In a year of disparity between incoming orders and activity, revenue is up by 1.66%, marking a new record, while orders are down by 23.11%
· Weakness and indecision in Europe is worrisome in the face of strict protectionism in China and the US
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In the fourth quarter 2024 machine tool orders on the rise (+11.4%). domestic orders +33.3%, foreign orders -6.5%.
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04.02.2025 - ASSOCIATION
In the fourth quarter 2024, the index of machine tool orders, compiled by the Studies Dept. & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE, showed an 11.4% increase compared to the period October-December 2023. The absolute value of the index was 78.7 (base year 2021=100).
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Manufacturing Technology Orders Post Strongest January Since 2022 U.S. MANUFACTURING TECHNOLOGY ORDERS
Press Release
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McLean, Va. (March 10, 2025) — Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $357.3 million in January 2025, a 29.8% decline from December but a 5.7% increase from January 2024. Compared to an average January, the value of orders placed in January 2025 was 16.2% higher, making it the highest January since 2022. However, the number of units was 12.2% lower than the average January – the lowest level for any January since 2016.
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Purchasing Managers Index for Manufacturing - UK
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February saw the Global Purchasing Managers’ Index (PMI) for manufacturing, produced by J P Morgan using the data from S&P Global, improve again to stand at 50.6. The general trend was to see a higher reading than in January but with a few notable exceptions, including the UK, where the PMI fell to 46.9 (the lowest since December 2023).
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Manufacturing Industry News
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National Productivity Summit 2025
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We invite you to participate in the National Productivity Summit 2025 and the IMTMA - ACE MICROMATIC Productivity Championship Awards. These awards recognize companies for significant achievements in manufacturing productivity and innovation.
Organised by IMTMA, the 19th National Productivity Summit will take place in November 2025 in Ahmedabad. The event will feature keynotes, live case study presentations, plant visits, and panel discussions, highlighting best practices in manufacturing.
Why Participate?
Showcase your company’s success in manufacturing excellence.
Gain industry-wide recognition for productivity improvements.
Compete with leading companies and drive continuous innovation.
Submission Details
📅 Last Date for Submission: 5 April 2025
🔗 Submit your case study at productivity.imtma.in
We look forward to your participation!
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Delhi Machine Tool & Manufacturing Technology Expo & Factory Equipment Expo 2025
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IMTMA will organize the fifth edition of Delhi Machine Tool & Manufacturing Technology Expo (DMTX 2025) and the second edition of Factory Equipment Expo (FACTEQ 2025) from 8 - 11 May 2025 at Bharat Mandapam (Pragati Maidan), New Delhi.
DMTX 2025 will be a focused platform showcasing the latest technologies in metalworking machinery, along with accessories and components, enabling original equipment manufacturers and small and medium-sized enterprises to enhance their manufacturing capabilities.
FACTEQ 2025, co-located with DMTX 2025, will serve as a key enabler for industries to build, maintain, and upgrade their factories. It will feature innovative products, cutting-edge technologies, modern factory equipment, material storage solutions, sustainable and environmental advancements, and more
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IMTMA is committed to developing a skilled workforce for the machine tool and manufacturing sectors. We offer a variety of online and classroom training programs to meet industry needs.
To explore our training calendar and register for upcoming programs, please visit our website. Join us in enhancing your skills and advancing your career!
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Classroom Training Programmes: April 2025
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- Finishing School in Production Engineering | 21 April - 19 May 2025 | IMTMA, Bengaluru | Register Now
- Interpretation of Mfg Drawing and Measurements | 21 - 25 April 2025 | IMTMA, Bengaluru | Register Now
- Design Thinking | 22 - 24 April 2025 | IMTMA, Bengaluru | Register Now
- Manufacturing Processes and Programming on CNC Turning Centres | 28 April - 5 May 2025 | IMTMA, Bengaluru | Register Now
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Online Training Programmes: April 2025
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- ASME: ASME Certified - PD: 695 –Training on Geometric Dimensioning and Tolerancing in Design through Manufacturing (for GDTP- Senior Level) | 14 - 17 April 2025 | 9.00 a.m. - 1.30 p.m. | Register Now
- Fundamentals of Advanced Product Quality Planning (APQP) and Implementation of the Production Part Approval Process (PPAP) | 14 - 16 April 2025 | 1.40 p.m. - 5 p.m. | Register Now
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BIEC infrastructure upgrades for improved accessibility
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Bangalore International Exhibition Centre (BIEC) has made key infrastructure upgrades to enhance its exhibition and event facilities.
A new exhibition space has been added to increase capacity and improve the experience for exhibitors and visitors. The food court has been expanded with additional seating and a wider selection of cuisines.
To improve connectivity, BIEC has constructed a pathway linking directly to the Madavara metro station, which recently began operations. This upgrade provides easier access for exhibitors and visitors.
These developments strengthen BIEC’s position as a preferred venue for exhibitions and events. Read More
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Extended food court with additional seating
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Pathway from Madavara Metro Station to Gate 3, BIEC
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Entry from Gate 3 with easy access to Halls 4 & 5
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IMTMA Publications play a crucial role in providing member companies with valuable insights into the Indian economy and the machine tool industry. The data and research reports from IMTMA's Data Team are invaluable for understanding current trends and performance metrics, ensuring that stakeholders have access to reliable market intelligence.
The monthly, quarterly, and annual industry data reports offer essential information for decision-making and strategic planning, reaching a wide audience, including industry members, government departments, and policymakers. These resources not only enhance knowledge but also help drive informed actions within the machine tool ecosystem.
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IMTMA - Members' Directory
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Members' Directory is a publication of Indian Machine Tool Manufacturers’ Association (IMTMA). Compiled and published every year, the directory provides detailed information on members of IMTMA, including their product range.
The directory is compiled in six Sections: Profile of members, Product-wise member list, List of distributors, Location of members- state/city wise and List of brand names of member products.
Contents of this directory would serve as a reference book on IMTMA membership, particularly for those using and buying machine tools, cutting tools, accessories, and related equipment.
Price: Rs. 1,000 (hardcopy) + courier charges extra
To order a copy, please send an email to membership@imtma.in
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Comprehensive Report on Indian Metal Working Machine Tool Industry 2025
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This report provides an analysis of the demand trends in the Indian metal cutting and metal forming machine tool industry.
It includes import and export analysis of the last five years, offering insights into the trends of metal cutting and metal forming machine tool by machine types and country of origin. Additionally, the report includes an opportunity analysis that identifies key areas for improvement among domestic manufacturers and provides strategic recommendations.
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Indian Machine Tool User Sector Trend Report + Indian Economy & Machine Tool Industry Outlook Report
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Ten Year Data Pack for Indian Machine Tool Industry (FY 2014-15 to FY 2023-24) + Latest Monthly Export-Import data Update (Looker Dashboard + Excel data access- One year Subscription)
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The IMTMA Macroeconomic Indicator Dashboard is an online dashboard that provides high-frequency data on a variety of economic indicators that strongly influence the Indian machine tool user sector.
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Other Key Publications by IMTMA
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Edited by: Secretary, DG & CEO, Indian Machine Tool Manufacturers' Association. Email: imtma@imtma.in
© Copyright IMTMA 2024. All rights reserved.
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