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PUBLISHER’S NOTE
V ANBU Dear MMI Readers,
DIRECTOR GENERAL & CEO
INDIAN MACHINE TOOL Our Modern Manufacturing India (MMI)
MANUFACTURERS’ ASSOCIATION magazine stood firm in the face of a series
of unprecedented challenges imposed by
The business sentiment across the global coronavirus pandemic last year.
the industry sectors has been We are proud that we could, through MMI,
strengthened with the International successfully manage to bring up-to-date
Monetary Fund (IMF) revising information from the manufacturing and
the growth forecast for India’s economy exhibition worlds to you.
to 11.5 percent in 2021. While some decisions that businesses took
during the period were quick fixes for solving
urgent needs, the rest would perhaps change
business models over the longer term as
entities recover from the various stages of the
crisis they find themselves in.
My heartfelt thanks to each and every one of
you, the readers of MMI, for your continued
interest and support.
Well, the business sentiment across the
industry sectors has been strengthened
with the International Monetary Fund (IMF)
revising the growth forecast for India’s
economy to 11.5 percent in 2021. As we step
into the new financial year in India, things
are expected to change with the economy
likely to record good figures in the medium to
long term, and we may find an era of growth.
MMI, with its in-depth research and analysis,
endeavors to bring valuable information
for its readers. This month’s edition focuses
on medical machining. The opinion piece
by IMTMA offers an insight into the
opportunities for the Machine Tool industry
in the Medical Equipment manufacturing.
As we continue to share inspirational stories
from across the world, we also reach out for
your feedback, which we value the most, to
better understand your needs.
Readers can download previous issues of
MMI from the IMTMA website.
8 | March-April 2021 Modern Manufacturing India
