Delhi Machine Tool Expo 3rd edition: Gamut of metal working tools

September 9, 2019 12:41 pm

Delhi Machine Tool Expo 2019 is one of the largest B2B machine tool exhibitions in North India. The exhibition served as a platform for over 150 exhibitors to demonstrate their latest manufacturing technologies. The expo further covered the entire gamut of metal working machine tools for both metal cutting and metal forming including automation and robotics, tooling systems, CAD/CAM and other technologies which are essential for today’s manufacturing.

The event being organised by the Machine Tool Manufactures Association (IMTMA), will be held from 8th – 11th August 2019. The exhibition was inaugurated by Arvind Ganpat Sawant, Minister for Heavy Industries and Public Enterprises, Sukriti Likhi, IAS, Joint Secretary, DHI, P. Ramadas, President IMTMA, Indradev Babu, Vice President IMTMA and V. Anbu, Director General and CEO of IMTMA.

Arvind Ganpat Sawant said, “I feel every manufacturing company should not only strengthen themselves but also they should make sufficient profit to generate employment. Further, their products should be globally competitive. Our government is significantly concerned about this. Toward this, income tax has been reduced to 25 percent for companies with turnover below 400 crores.”

However, “Price of electric vehicles is highdue to the cost of batteries; we need to be free from dependence on other countries for batteries. The central government has created 10 common machine tool development centers in the country. Why not take their help for designing and developing new machines?” he said.

However “To be globally competitive, we need to make a joint venture. In our over-populated country, technology should be used to generate more employment,” he added.

P Ramadas, President, IMTMA said, “Although at present, we are witnessing some headwinds in manufacturing, I optimistically believe that markets would open up in the coming quarters and the industry would bounce back as the economy improves.” He also urged the government to take suitable measures to extend credit to SMEs and connected financial reforms.

Welcoming the delegates, V. Anbu, Director General and CEO of IMTMA said, “Shows such as the Delhi Machine Tool Expo are enablers to take technologies closer to the SMEs and pave way for their continual growth. At this Expo, we have over 150 exhibitors displaying state-of-the-art technology solutions and innovations for both metal-cutting and metal-forming machine tools. Apart from India, four countries: China, Germany, Japan, and Taiwan are participating. We also have group participation from China and Taiwan.”