India’s economic and manufacturing outlook looks positive for the coming quarters with the International Monetary Fund (IMF) in its latest World Economic Outlook report forecasting growth at 7 percent for FY 25.
Most global agencies have forecasted similar growth, and, importantly, exhibitions have played a crucial role in trade development. Worldwide, leading exhibitions such as IMTS in Chicago, EMO in Hannover, and JIMTOF in Tokyo have helped restore business confidence.
India’s manufacturing PMI has remained steady with good domestic demand and robust activities in services. The capital expenditure on infrastructure development is improving the ease of doing business and enhancing growth. India’s merchandise exports were estimated to be US$ 178.68 billion from April to August 2024 period, as per the Government of India estimates, indicating good growth.
Big-ticket trade fairs create an economic multiplier effect and this is exactly what IMTEX does. Organized by Indian Machine Tool Manufacturers’ Association (IMTMA), IMTEX is a catalyst in promoting domestic demand, factory production, investments, and robust activities in manufacturing.
IMTEX, Tooltech & Digital Manufacturing 2025 at Bangalore International Exhibition Centre (BIEC) from January 23 – 29, 2025 will be the largest of its kind, featuring eight exhibition halls, 90,000 sq mt of space, and over 1,000 exhibitors from 23 countries showcasing the latest cutting-edge technologies.
Participation in IMTEX 2025 will be important from the manufacturing perspective as it would chart future industrial development. I call upon the manufacturing industry to attend IMTEX, stay in sync with global practices, and advance manufacturing skills by several notches. |
Tooltech will feature parts, accessories, and systems for machine tools while Digital Manufacturing will have Industry 4.0 and additive manufacturing as prime focus.
Participation in IMTEX 2025 will be important from the manufacturing perspective as it would chart future industrial development. I call upon the manufacturing industry to attend IMTEX, stay in sync with global practices, and advance manufacturing skills by several notches.
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