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EDITORIAL
SOUMI MITRA
Editor-in-Chief
Modern Manufacturing India
soumi.mitra@magicwandmedia.in
8 | May-June 2022
MAKING THE BLUEPRINT OF
‘NEW INDIA’
his year, India is commemorating its 75 years of evolutionary journey
T and achievements with the theme ‘Azadi ka Amrit Mahotsav’. The
celebration embodies India’s socio-economic-cultural progress and
growing prowess, notably in engineering, manufacturing, and R&D.
As a country, we are now gearing up towards the pioneering vision of our
Hon’ble Prime Minister Narendra Modi of becoming a self-reliant nation—
Atmanirbhar Bharat. The mission is focused on accelerating exports, increasing
manufacturing activities in India, minimizing the scope of dependency on
imports, and creating job opportunities.
The recent launch of the Indian Navy’s two indigenously built, technologically
advanced frontline warships – ‘Surat’ and ‘Udaygiri’ – is testimony to our
country’s growing self-reliance and indigenous capability. In the last five
financial years, more than two-thirds of the Indian Navy’s modernization
budget has been spent on indigenous procurement. Of the 41 ships and
submarines ordered by the Indian Navy, 39 are from Indian shipyards.
Similarly, to boost indigenization of defense production and encourage home-
grown manufacturing technologies, the Ministry of Defence, Government of
India has introduced a ‘Positive Indigenisation List’ of 209 items for which there
would be an embargo on the import beyond the timeline. This will create more
opportunities for Indian manufacturers to develop advanced technologies to
meet the requirements of the Defense industry.
To this end, an innovation ecosystem – Innovations for Defence Excellence
(iDEX) – has been created for MSMEs, Startups, Individual Innovators, R&D
Institutes, and Academia to foster innovation and technology development in
Defense & Aerospace.
Sunshine sectors such as Defense & Aerospace, Medical, Electric Vehicle, White
Goods, Heavy Electricals, and so on are slated to increase demand for machine
tools. The Machine Tool industry is the bedrock of the Manufacturing sector.
Hence, the more sophisticated the machine tools, the better the production of
high-quality precision
machinery used in
critical applications.
“Time waste differs from material In this backdrop, we
waste in that there can be no take pride in sharing
salvage. The easiest of all wastes that the country’s
and the hardest to correct is the apex body of machine
waste of time, because wasted tools, Indian Machine
time does not litter the floor like Tool Manufacturers’
wasted material.” Association (IMTMA),
is also marking its
- Henry Ford milestone of 75 years.
For the first time in the
much-awaited IMTEX
FORMING 2022 show,
IMTMA is housing a dedicated ‘Atmanirbhar Bharat’ Pavilion to showcase how
the Indian Machine Tool industry is marching towards self-reliance.
Team MMI looks forward to meeting you at this in-person IMTEX edition and
witnessing the technological marvels at the show. It goes without mentioning
that your feedback is our motivation to continue producing curated content.
Modern Manufacturing India