Indian Manufacturing Sector Poised for Growth

I wish all the readers of Modern Manufacturing India (MMI) magazine a very happy and prosperous New Year 2025.

The Indian Machine Tool industry has been maintaining its growth momentum and Q3 and Q4 of the financial year 2024-25 are expected to be positive.
Some of the core sectors such as Electronics Manufacturing including Cell Phone Manufacturing, Aerospace, Defence, Railways, etc., are making rapid strides.
Recent growth in Defence exports, a surge in automobile manufacturing, and the production of new train coaches are poised to drive significant demand in the Machine Tool industry in the upcoming quarters. Additionally, the upcoming Union Budget and new Capital Goods policy are expected to provide a boost to manufacturing.

Industrial exhibitions always have had a favorable impact on the economy by being multipliers of business and employment, both direct and indirect. This edition of MMI covers various aspects of IMTEX 2025 - the largest Machine Tool and Manufacturing Technology Show.

The 21^st edition of IMTEX along with concurrent shows, Tooltech and Digital Manufacturing, organized by Indian Machine Tool Manufacturers’ Association (IMTMA), will be underway from January 23 – 29, 2025, at Bangalore International Exhibition Centre (BIEC) in Bengaluru.

Some of the core sectors such as Electronics Manufacturing including Cell Phone Manufacturing, Aerospace, Defence, Railways, etc., are making rapid strides. Recent growth in Defence exports, a surge in automobile manufacturing, and the production of new train coaches are poised to drive significant demand in the Machine Tool industry in the upcoming quarters. Additionally, the upcoming Union Budget and new Capital Goods policy are expected to provide a boost
to manufacturing.

IMTEX, as readers must be aware, was initiated in 1969 as a courageous attempt to showcase ‘live’ demonstration / display of machinery in working condition. Over several years, IMTEX has grown in size and stature to include various facets of manufacturing. Technologies and trends displayed at IMTEX enable manufacturers to stay updated and adopt best practices. Strategic alliances forged during the exhibition benefit industries and help optimize supply chain. IMTEX 2025 will host exhibitors from 23 countries, with Germany, Italy, Japan, Korea, Spain, Taiwan, and the USA having country-group pavilions. Over 2,000 trade delegations representing various industry sectors are expected to attend. I urge the manufacturing fraternity to block their calendar and visit the show.

Rajendra S Rajamane
President
IMTMA