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Automotive industry is the prime beneficiary of the machine tools
With automotive industry being the largest consumer of machine tools and the move towards new BS VI regulations, machine tool manufacturers expect to benefit from the demand for new components.Read more
India should take advantage of machine tools demand in Gulf
With machine tools industry going through change with new tooling needs due to the new BS VI regulations, exports can help stablise by the time automotive industry adapts to the situation.Read more
Machine tools sector to achieve efficiency with smart systems
With advances in the tooling and machining, significance of precision is increasing day-by-day. This creates a craving need for smart technologies and automated systems.Read more
IMTEX FORMING 2020: The future is here
With more than 500 exhibitors from over 22 countries showcasing their latest products and solutions, IMTEX FORMING 2020 will show the world the capabilities of India’s manufacturing industries.Read more
“MSME Cluster Development Programme helps drive businessâ€Â
With Delhi and NCR areas showing steady growth, initiatives like Cluster Development have been fruitful for overall development of the manufacturing market in Delhi. Read more
EMAG to showcase solutions on Industry 4.0, electromobility & UMTI at EMO 2019
EMO will introduce universal machine tool interface (UMTI), a different kind of networking developed by 17 project partners and the German machine tool builders’ association (VDW).Read more
IMTMA to host 13th edition of National Productivity Summit 2019
Indian Machine Tool Manufacturers’ Association (IMTMA), the apex body for the machine tool industry, is set to organise the 13th edition of National Productivity Summit 2019, held between 20 and 21 August, 2019 at Bangalore International Exhibition Centre (BIEC), Bengaluru, India. Read more
“Automation is must for manufacturing to stay competitiveâ€Â
According to Gardner Research Survey, the Indian machine tool industry is globally ranked 12th in production and 8th in consumption.Read more
Budget 2019 is significant for India’s machine tools industry: IMTMA
It is a positive step towards development of MSME sector and aims to position India as an elite manufacturing hub, says Indian Machine Tool Manufacturers' Association (IMTMA)Read more
Budget 2019-20: Indian machine tools industry seeks incentives to raise competitiveness
The apex machine tool association IMTMA wants policy initiatives and fiscal incentives to improve export share to 20 per cent and domestic market share to 67 per centRead more