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Ministry of Heavy Industries unveils Six tech innovation platforms

These platforms are expected to facilitate the development of the key ‘mother’ manufacturing technologies' indigenously.Read more

Nextchem and Paul Wurth join to develop innovative low-carbon solution

NextChem, a subsidiary of Maire Tecnimont Group, and Paul Wurth, a company of the SMS Group, announced their plan to jointly promote the combined use of electrolysis and syngas production in the iron and steel industry.Read more

IPF Video Roundtable: How to increase machine tools productivity?

Industrial Products Finder (IPF), along with Gates Corporation, hosted a video Roundtable - titled “How to increase machine tools productivity?” to track trends in end-user industries and emerging opportunities for machine tool makers. Rakesh Rao reports...Read more

Rajesh Bhandari: Machine tool industry to diversify into other sectors

New market avenues have opened up such as aerospace and defence. Read 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

Contraction in global manufacturing output lower than expected at 3.9% in 2020

India, China, Japan, and the US have together racked up in excess of $ 200 billion in lost MIO (Manufacturing Industry Output) potential in 2020, says Interact Analysis report. Machine tools were the biggest casualties globally, while semiconductors and electronics machinery sector emerges virtually unscathedRead more

Salvagnini's laser cutting machines enhance sheet metal processing

L3 and L5 fibre laser cutting machines are consolidated systems in the market. In line with the Salvagnini tradition, they are constantly perfected with the introduction of new hardware and software solutions.Read more

India cannot become $ 5 tn economy without MSMEs: Sanjeev Chawla

In this interview with Rakesh Rao, Sanjeev Chawla, Director, Office of Development Commissioner (DC) MSME, Ministry of MSME, discusses challenges faced by MSMEs and probable solutions. 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

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