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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

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

V Anbu: IMTMA is hopeful to have a highly productive IMTEX 2021

In conversation with IPF’s Rakesh Rao, V Anbu, Director General & CEO, Indian Machine Tool Manufacturers’ Association (IMTMA) highlights on the recovery path and emerging trends in the machine tools industry.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

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

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

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