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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
Technology advancing the machines of tomorrow
According to the Indian Machine Tools Manufacturers’ Association (IMTMA), production of Indian machine tools industry is projected to grow at a CAGR of about 20 per cent till 2020-21, whereas consumption is projected to grow at a CAGR of 15 per cent till 2020-21.Read more
Gleason completes acquisition of Faessler Honing Business from Daetwyler Group
Global leader in gear technology solutions Gleason Corporation has completed its acquisition of the assets of Daetwyler Industries AG’s and MDC Max Daetwyler AG’s Faessler gear honing business. Read more
Global machine tool trading & sourcing made simpler at IMTOS
With an exhaustive range of overseas participation, nationally acclaimed enhanced technologies and business tactics, IMTOS 2019 is the appropriate portal to explore the market trends and watch out for competition.Read more
ExxonMobil launches hydraulic oil technology Mobil DTE 20 Ultra Series
The new technology, Mobil DTE 20 Ultra Series, offers 2X increase in oil life and reduces hydraulic oil consumption significantlyRead more
Automation & robotics enhance quality: Ezhilmaran Arumugam
In this interview, Ezhilmaran Arumugam, MD & Co-Founder, Axis Global Automation Group of Companies, highlights importance of automation and robotics for the industryRead more
Machine tools is the backbone of manufacturing sector: Shyamal Ram
In this interview, Shyamal Ram, Senior Manager Sales, Jyoti CNC Automation Ltd, says that hybrid machines with additive manufacturing features are one of the emerging trendsRead more
TVS Motor invests $3.85 mn in TagBox
This investment came as part of its Series A funding roundRead more
Escorts’ profit up by 40.7% at Rs 484.9 crore in FY18-19
The company’s EBIDTA from continued operations was up by 31.6 per cent at Rs 733.3 croreRead more