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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
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
IMTMA hosts 12th National Productivity Summit in Chennai
The summit showcased competitiveness and sustainable growth in manufacturing as Industry 4.0 adoption scales up across IndiaRead more
Machine tools industry: Mission 2020
Adopting futuristic technologies is enabling Indian companies to take a quantum leap in terms of manufacturing growth. To meet the rising demands of customers, according to V Anbu, the machine tools industry is investing in Industry 4.0, IoT (Internet of Things), 3D printing, automation, artificial intelligence (AI) and robotics. Read more