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We will offer IoT and Industry 4.0 features on our machines
In this interview, C S Shiva Shankaraiah, Managing Director, Trishul Machine Tools, sheds more light on the performance of the machine tools industry and key demand driversRead more
IMTEX is like Kumbhamela of machine tools industry in India
In this interview with Rakesh Rao, Abhay Deshmukh, Director, Shilpin Machine Tools Pvt Ltd, highlights on the emerging opportunities for Indian machine tools industry and key technological trends.Read more
Machine tools industry’s order book position looks positive
In this interview with Rakesh Rao, Jibak Dasgupta, Director General & CEO, IMTMA, elaborates on the future of Indian machine tools industry and sectors key for driving the demandRead more
Ace Micromatic aims to reach Rs 10,000 cr by 2025
Ace Micromatic aims to reach Rs 10,000 cr by 2025Read more
Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth
Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more
COSMOS to set up technology park for Indian machine tools industry in Vadodara
The technology park - to be built with an investment of Rs 100 crore, will have the various plants producing key components to manufacture CNC machine tools.Read more
IMTMA supports Indian machine tools for MSME tool rooms
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.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
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
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