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Heavy machines are driving demand for industrial lubricants
The global market is segmented by product type — general industrial oil & grease, transmission and hydraulic fluid, metalworking fluid, gear oil, etc., as well as end user industry like heavy equipment, food and beverages, automotive, steel, and such. The global metal cutting, and machine tool accessories market is growing.Read more
Ashoka Bearing will achieve 25% growth this year
The rising demand for bearings across various end-user segments like automotive, machine tools, precision engineering, advanced medical equipment as also different types of bearings for use in extreme conditions, is expected to drive the growth of this industry. Read more
Budget 2022 - Govt's Rs 7.5 lakh cr capex to augment machine tools demand: V Anbu
Budget 2022 is a booster shot for Indian manufacturing and ease of doing business, says V Anbu, Director General & CEO, IMTMA, who reflects on how the budget fares for the Indian machine tool industry.Read more
IMTMA to host IMTEX Forming in June 2022 & IMTEX in Jan 2023
fter taking cognizance of the prevailing situation of the global pandemic in India, the Indian Machine Tool Manufacturers’ Association (IMTMA) has rescheduled its flagship event ‘IMTEX FORMING & Tooltech’.Read more
Yanmar starts production at new industrial engine plant in India
Yanmar Engine Manufacturing India Pvt Ltd (YEMI) - a part of Japanese firm Yanmar - has commenced production at its new state of the art industrial engine manufacturing plant located at the Origins Industrial Estate in Tamil Nadu.Read more
Gleason machines increase efficiency of large gear production
The new Phoenix 500C Bevel Gear Cutting Machine is highly productive solution for larger gears - cutting cycle times, ensuring precision, driving down cost and making life easier for operators and maintenance.Read 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
SCHUNK AGE-W combines rotational and angular compensation
Caption for Image - The SCHUNK AGE-W combines rotational and angular compensation. Read more
IMTMA, FE Dream collaborate for women-focused upskilling program in metalworking
The free training program - scheduled to be conducted from February 07, 2022 - March 31, 2022 - at the IMTMA Design Institute, Bengaluru, will focus on “Design and Manufacturing of Special Purpose Machineâ€ÂRead more
IMTMA hosts India Skills competition on robot system integration
The 3-day programme held at the IMTMA Technology Centre in Bengaluru drew participation from 14 students. Two of the student participants would be shortlisted to participate in WorldSkills Shanghai 2022.Read more