Jan 30, 2018

The Indian Machine Tool Manufacturers’ (IMTMA) flagship event and South East Asia’s largest exhibition on metal forming technologies ‘IMTEX FORMING 2018 & Tooltech 2018’ was recently inaugurated at Bangalore International Exhibition Centre (BIEC) in Bengaluru by RV Deshpande, Minister for Large & Medium Scale Industries and Infrastructure Development, Government of Karnataka.

Other dignitaries included AS Kiran Kumar, Former Chairman of ISRO and Nirmal K Minda, President - Automotive Component Manufacturers Association of India (ACMA). Jamshyd N Godrej, Chairman - Exhibitions, IMTMA, P Ramadas, President, IMTMA and V Anbu, Director General & CEO, IMTMA also presided over the inauguration.

The exhibition was held from January 25–30, 2018 and featured over 500 exhibitors across an exhibition area of around 33,000 sq m. Twenty-three countries including India were participating in the show with group participations from three country-group pavilions: China, Taiwan and Germany.

Technologies that were displayed at the exhibition included robotics and automation, welding and joining, wire-forming and drawing, presses, die casting, hydro forming, sheet metal forming machines, presses for applications, die and moulds, and hydraulic and pneumatic systems and elements.

Nearly 40,000 visitors from around 60 countries visited the show and around 100 business delegations from public and private sector representing various manufacturing industries such as automotive, aerospace, defence, railways, power, capital goods, general engineering, medical engineering, and so on were also present at the exhibition.

Inaugurating the exhibition, RV Deshpande called upon the industry to invest in Karnataka. He said that Karnataka is the most preferred state for investment and was the first state to bring a start-up policy in India. Deshpande also mentioned that Karnataka is the only state to have an electrical vehicle policy.

The state has been at the forefront of supporting the manufacturing sector and has successfully created 12,61,000 jobs. In addition to this, over 500,000 jobs are in the pipeline. Deshpande also spoke about the machine tool park in Tumakuru being jointly developed by the Government of India and the Government of Karnataka. The park is being developed as a model industrial cluster with all infrastructure facilities for SMEs.

Speaking on the Indian manufacturing industry AS Kiran Kumar, Vikram Sarabhai Distinguished Professor and Former Chairman of ISRO said that the polar satellite launch vehicles developed by ISRO is being indigenously manufactured with the support from Indian companies. He also mentioned that ISRO is releasing lithium-ion batteries which could be adopted in the automotive sector and revolutionize the Indian manufacturing landscape.

IMTMA President P Ramadas stated, “The Indian machine tool industry registered an impressive growth rate of 23 per cent during 2016-17 and is expected to grow by around 20 per cent during 2017-18. Whereas, the Indian metal forming industry is expected to grow at a CAGR of around 15 per cent in the next three years.”

Addressing the audience at an inaugural session Nirmal K Minda, President ACMA said that machine tool is the backbone of the manufacturing industry and contributes immensely towards its development. ACMA and IMTMA have been working closely towards addressing the growing needs of the automotive component manufacturers and shall continue to do so in the years to come.

Speaking further on government support he explained that the Government of India’s Auto Mission Plan (AMP) 2016-26  aims to make automobile manufacturing the main driver of the ‘Make in India’ initiative as  passenger vehicles market is likely to triple to 9.4 million units by 2026 creating tremendous opportunity for the machine tool industry.

Several other programmes were held in conjunction with IMTEX FORMING 2018. The i2 (Industry-Institution) Academia Pavilion featured R&D Projects on manufacturing from 44 institutions representing from all over India. ‘Connect’, an awareness programme to impart knowledge on the machine tool industry to young engineers, was also held at the fair. Lastly, a ‘Reverse International Buyer-Seller Meet’ was also organized where potential buyers from around 10 countries visited the show to explore business opportunities.

}

Subscribe to Newsletter




Log In Your Account



Log In Your Account