Page 6 - MMI - MayJune2022 small-single

FOREWORD

FINDING AVENUES FOR GROWTH

Dear Readers,
I am happy to state that our industry is recovering and progressing well. The
green shoots are evident as the year unfolds. India’s manufacturing PMI rose to
54.9 in February, signaling an improvement in the health of manufacturing, as
per IHS Markit Survey.
As the apex Association of the Machine Tool industry in India, one of the prime
focus areas is broadening our horizons through further development of prod-
ucts for domestic and global markets.
The Indian Machine Tool industry will continue to create larger space by in-
creasing its sectoral reach, offering new products and innovative solutions, and
transforming the manufacturing ecosystem.
Addressing the myriad opportunities and challenges paves the way for long-
term sustainable growth for us and our stakeholders, including the end-users of
machine tools.
Indian Machine Tool Manufacturers’ Association (IMTMA) is organizing the
seventh edition of IMTEX FORMING 2022 - South East Asia’s largest exhibition
on metal forming technolo-
gies, from June 16-21, 2022, IMTMA is organizing the seventh
at Bangalore International
Source: BFW Exhibition Centre (BIEC) edition of IMTEX FORMING 2022
in Bengaluru. Concurrent
from June 16-21, 2022, at BIEC in
shows will include Tooltech
2022 and Digital Manufac- Bengaluru. Tooltech 2022 – focusing
turing. While the former on machine tool accessories,
will focus on Machine Tool forming tools, die & moulds,
Accessories, Forming Tools,
Die & Moulds, Metrology, metrology, CAD/CAM, etc. and
RAVI RAGHAVAN and CAD/CAM, the latter Digital Manufacturing – featuring
PRESIDENT will feature the latest inno- the latest innovations in Additive
INDIAN MACHINE TOOL vations in Additive Manu- Manufacturing and Industry 4.0
MANUFACTURERS’ ASSOCIATION facturing and Industry 4.0.
(IMTMA) Over 350 exhibitors from 16 will be held concurrently.
countries will be participat-
ing in the exhibition, which is being held after a gap of more than two years and
provides ample opportunity for B2B networking and interactions.
I am sure that these exhibitions will act as a catalyst for manufacturing growth
as the economy and industry stakeholders benefit from IMTEX FORMING 2022
& Tooltech 2022.

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6 | May-June 2022 Modern Manufacturing India