PUBLISHER’S NOTE

Dear Readers,

When it comes to attaining manufacturing excellence there aren’t any pre-defined success mantras. Innovations too do not happen by taking recourse to shortcuts. The herculean efforts that a multidisciplinary team of engineers and researchers put into developing a new technology while staying away from public glare culminate in a product finding the light of day.

Yet, when it comes to pinpointing what worked well in the success of a product, companies find it tough to give a definite answer. Although firms are candid in admitting this, the plain fact is that they strive to put in their best efforts in developing a technology and wait with fingers crossed on how it will be received in the market once they launch it.

We saw this happening in IMTEX and many other manufacturing technology exhibitions. Some find instant acceptance while some accept over a period of time. Deciding to procure a technology, after thorough consideration, is one of the crucial decisions made by firms, given that a wrong decision could seriously impact their future strategies.

With the dynamics of manufacturing technology changing constantly one marvellous innovation of today may become obsolete tomorrow. Many Goliaths were knocked off their perch in the past when they failed to innovate and move with the times. In a market that is turning more cutthroat as the day wears, the writing on the wall is loud and clear — shape up or ship out.

Modern Manufacturing India (MMI), with its in-depth research and analysis, enables readers to stay in sync with the major events and trends that are shaping manufacturing industries worldwide and make changes accordingly.

Many Goliaths were knocked off their perch in the past when they failed to innovate and move with the times. In a market that is turning more cutthroat as the day wears, the writing on the wall is loud and clear — shape up or ship out.

Curated by professionals, this edition of MMI offers informed commentary on some of the pertinent issues affecting manufacturing industries. The edition also has an authored article from the Indian Machine Tool Manufacturers’ Association (IMTMA) which gives a peek into the current investment climate in India’s manufacturing sector.

As is the prevailing norm, the success of any magazine, or the lack of it depends on the support extended by its readers to a large extent, and getting the right feedback is highly crucial. IMTMA seeks this from its readers as it treads on its journey to achieve excellence in manufacturing for the Indian machine tool industry.

Jibak Dasgupta

Director General & CEO
Indian Machine Tool Manufacturers’ Association
Bangalore International Exhibition Centre