Page 11 - MMI- Aug2022

Government initiatives na, Tamil Nadu, and Kerala, all gether for manufacturing. When
The Government of India has of which are under various stag- such equipment is manufactured
identified the Medical Devices in- es of development. indigenously, it carries distinct
dustry as one of the champion sec- advantages, which are primarily
tors and, through PLI schemes, is Role of machine tool industry cost-focused benefits. Such ad- IMTEX 2023
providing incentives for select crit- The Indian Machine Tool in- vancements are certainly game will be a
ical care categories such as cancer dustry has been supporting the changers for the Medical Devices significant
care/radiotherapy, cardio-respira- Medical sector by developing the industry in India. opportunity
tory, renal care, and all implants. required machinery and equip- for the
medical
It has also allowed 100 percent ment. High-precision turning and IMTEX propelling medical equipment
foreign direct investments (FDI) to milling machines, laser-based devices sector manufac-
boost the sector. cutting, welding and ablation ma- IMTEX is one of the largest exhi- turers to
To support the domestic manu- chines, micro-machining centers, bitions in the world showcasing network
facturing of medical devices in surface engineering technolo- advancements in machine tools with the
India, the Ministry of Chemicals gies, super finishing machines, manufacturing. The exhibition global ma-
and Fertilizers has launched a lapping machines, and abrasive is a platform for various stake- chine tool
scheme for ‘Promotion of Medical flow finishing machines are used holders to witness technologies fraternity,
Devices Parks’ with an outlay of for making medical parts. Spe- in a live format and arrive at the and expe-
`400 crore. As per the Ministry, cial Purpose Machines (SPMs) for right decisions. Indian Machine rience and
the scheme aims to significantly medium- to large-sized parts re- Tool Manufacturers’ Association procure the
technol-
reduce manufacturing costs, opti- quired for medical devices are all (IMTMA) is organizing IMTEX ogies for
mize resources, and provide easy manufactured by the Machine along with Tooltech and Digital their man-
access to standard testing and in- Tool industry. Manufacturing on January 19-25, ufacturing
frastructure facilities. As we understand, Bharat Elec- 2023, at Bangalore International require-
Buoyed by the announce- tronics Ltd (BEL) is manufactur- Exhibition Centre (BIEC). The ex- ments.
ment of the scheme, Himachal ing ICU ventilators in partner- hibition will be a significant op-
Pradesh, Tamil Nadu, Madhya ship with Skanray Technologies portunity for the medical equip-
Pradesh, and Uttar Pradesh with design support from De- ment manufacturers to network
have given green signals to set fence Research and Develop- with the global machine tool
up medical device parks. Medi- ment Organisation (DRDO). This fraternity, and experience and
cal device parks are also coming is a unique example of the public procure the technologies for their
up in Andhra Pradesh, Telanga- and private sectors coming to- manufacturing requirements.

MODERN
MANUFACTURING
INDIA

WWW . MMINDIA . CO . IN
Yes, I wish to subscribe to 1 Year 750
MODERN MANUFACTURING INDIA 2 Years 1200
SUBSCRIBE THE PRINT PERSONAL DETAILS
Company
MAGAZINE AND GET THE Name
DIGITAL FREE! Department Designation MODERN
Company Address

MANUFACTURING
City & Pin Code Country
VOL 6, ISSUE 2 - JULY-AUGUST 2022 E-mail Contact No.
Industry
SUBSCRIPTION PAYMENT DETAILS
INDIA
Please find enclosed cheque / DD No.:
Drawn on (Name of bank & branch):
Dated
For Rs. Rupees in words
Favouring INDIAN MACHINE TOOL MANUFACTURERS’ ASSOCIATION
IMTMA, Bangalore International Exhibition Centre (BIEC), 10 th Mile, Tumkur Road, Madavara post, Bangalore - 562123
Tel: 080 - 66246617 imtma@imtma.in
Sources & Terms of Supply: Orders can be placed directly with the publisher. No claims for the supply of back copies or reimbursement of
COUNTRY FOCUS 38 COMPANY PROFILE 28 OPED Future-proofing the Workforce 12 subscription fees can be entertained for non-delivery of the magazine for reasons beyond the publisher’s control.
India Taiwan
Excelling in Surface Matters
www.mmindia.co.in/magazine_issues
July-August 2022 | 11
www.mmindia.co.in