IMTMA supports Indian machine tools for MSME tool rooms

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IMTMA supports Indian machine tools for MSME tool rooms

IMTMA supports Indian machine tools for MSME tool rooms

Industry News
Jul 08,20

Recently, for tenders - floated by MSME Ministry for acquiring CNC machines, measuring instruments and accessories - none of the Indian machines were selected. Now, IMTMA has requested the government to reconsider offers submitted by Indian manufacturers.

IMTMA supports Indian machine tools for MSME tool rooms

Bengaluru

Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) with a view to modernise tools rooms and training centers had floated a tender with the assistance of the World Bank to acquire CNC machines, measuring instruments and accessories.

Indian machine tool manufacturers had bid for this tender. However, none of the Indian machines offered were selected due to some minor deviations from the tender specifications, while international vendors were selected.

In this context, Indian Machine Tool Manufacturers' Association (IMTMA) is working closely with the Ministry of MSME and other government departments requesting a reconsideration of the offers submitted by Indian manufacturers, who are members of IMTMA. Ã¢â‚¬Å“We are hoping that our request will be considered,Ã¢â‚¬Â said IMTMA in a press release.

IMTMA, formed in 1946, has more than 450 members representing around 90 per cent of the organised machine tool and allied equipment manufacturers. Today, IMTMA is the apex body and single point of contact for the entire machine tool industry of India and plays a critical role in the development of the metalworking industry.

A not-for-profit association, IMTMAÃ¢â‚¬â„¢s initiatives range from government advocacy to industry and export promotion, trade fairs and events, training and seminars, technology missions, publication of various industry and technical writings, structuring of regional councils, and development of clusters.