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The machine tool industry is in the growth phase: Vivek D Kumthekar

Vivek D Kumthekar, General Manager & Business Head (MTS), LMT Tools India, explains that for Industry 4.0 to succeed, there is a need for reliable tools, which have to perform consistently.Read more

Ravik Engineers offers global technology to Indian machine tools sector

The company aims to provide premium quality machineries and equipment which are renowned all over the world.Read more

Digitalization paves path for sustained growth for machine tools industry: Vijay Pratap Singh

In this interview, Vijay Pratap Singh of Siemens India, explains how digitalization is radically changing the production environment in machine tools industry.Read more

Siemens introduces digital experience and application centre for machine tools industry

The Centre will provide a hands-on experience for machine tool builders and act as an essential link between technology and skill upgradation in the Industry 4.0 era.Read more

Industrial automation and assembly of products is inevitable

India is among the top 15 countries in terms of production and consumption of machine tools. The increase in production of machine tools has been driven by the automotive sector.Read more

The industry’s goal should be cost optimisation

According to Kunal Marathe, Marketing Director, Lubeco, the Indian machine tool industry and metal cutting sector are becoming extremely price conscious. While cost optimisation should be done in order to reduce the burden on the end user, the industry should be able to identify the thin line between cost reduction and cost optimisation.Read more

The machine tool industry is growing at a healthy rate

The Indian machine tool industry has positioned itself in the global market and has been at the forefront of industrial development. Speedfam (India) Pvt Ltd is trying to dominate this market by vast process experience almost in all industrial applications. Praful Govande, Managing Director, Speedfam (India) Pvt Ltd explains that monitoring the emerging technologies can help the business and benefit customers.Read more

Machine tool suppliers need to provide end-to-end solutions

Manufacturing sector is expected to witness 15-20 per cent growth due to thriving automotive sector, increase in production activity in aerospace industry, etc.Read more

Focus at IMTEX 2019 will be on productivity and automation

Government of India’s various policy initiatives have paved way for the Indian machine tool industry to move further on the growth path and IMTEX 2019 & Tooltech 2019 will provide once in a lifetime opportunity for the manufacturing industry to make itself at par with global leaders, says V Anbu, Director General and CEO, IMTMA (Indian Machine Tool Manufacturers’ Association).Read more

Machine Tools: The sector glowing with opportunities

At present, even though most of the demand for the metal cutting tools are met through imports, production of metal cutting machines has reached Rs 6,562 crore during 2017-18 compared to Rs 5,194 crore during 2016-17, registering a YoY annual growth of 25.7%.Read more

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