Page 8 - MMI-Oct2022- upload
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FOREWORD

             ASPIRING FOR GROWTH





                                                  Once again, I am glad to connect with the readers of Modern Manufacturing
                                                  India (MMI) magazine.
                                                  Going by the  recent  trends,  the  Machine  Tool industry  in  India  is
                                                  experiencing a decent run in production, consumption, and exports. Order
                                                  booking for the forthcoming quarters looks promising.
                                                  Machine tools are once again  drawing  increasing  attention from
                                                  manufacturing  businesses.  Thus,  manufacturing  growth aspirations
                                                  will only be realized when  machine  tools offer superior  performance
                                                  and  features  that can  cater  to the  needs  of multiple  sectors.  Indian
                                                  manufacturers  of machine  tools  can  compete  with  national and
                                                  international  peers  by embedding  new  technologies,  higher speed-
                                                  efficiency-and-precision,  and  features  that support end-to-end solutions
                                                  with integrated services.
                                                  More than 850 exhibitors have registered for IMTEX 2023, Tooltech 2023 &
                                                  Digital Manufacturing 2023, which is scheduled from January 19-25, 2023,
                                                  at Bangalore International Exhibition Centre (BIEC) in Bengaluru. It is heart-
                                                                                             ening to see a good re-
                                                                                             sponse from the ma-
                                                          To improve the export orientation   chine tool fraternity
                                                        and global competitiveness of Indian   after the exhibition’s
                                                                                             four-year hiatus.
          Source: BFW                                    will be paramount to increase their   IMTEX is one of
                                                           machine tool manufacturers, it
                                                                                             the  world’s  import-
                                                           participation in various global   ant trade fairs for
                                                                                             the  Machine   Tool
                                                        exhibitions like IMTEX, which will not
                                                                                             industry as it pro-
                                                        only help to improve India’s image but   vides a platform to
                                                           also enhance business growth      present innovations,
          RAVI RAGHAVAN                                        by several notches.           cultivate  contacts,
          PRESIDENT                                                                          and drive business
                                                                                             goals. Hence, I urge
          INDIAN MACHINE TOOL                                                                the   manufacturing
          MANUFACTURERS’ ASSOCIATION              community   to  participate  in  IMTEX  2023,  Tooltech  2023
          (IMTMA)                                 & Digital Manufacturing 2023,  get acquainted with the latest technolo-
                                                  gy trends and high-value products, and set the ball rolling for enhanced
                                                  manufacturing growth.
                                                  I hope to see you all at IMTEX 2023.
                                                  Happy reading.



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