Event Report Imtex 2017 - A mega success

Editor: Susanne Hertenberger

India – The Indian Machine Tool Manufacturers' (IMTMA) flagship event and one of the largest machine tool show, Imtex 2017 & Tooltech 2017, was reccently inaugurated by Chief Minister of Karnataka, Siddaramai, on 26 January at the Bangalore International Exhibition Centre (BIEC) in Bengaluru.

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Leading dignitaries inaugurated IMTEX 2017.
Leading dignitaries inaugurated IMTEX 2017.
(Source: Copyright:Thanat "ISHQ" Rungrattanakjon (IMTMA))

Among the prominent guests were Girish Shankar, Secretary of the Department of Heavy Industry (DHI), Ministry of Heavy Industries & Public Enterprises, Government of India, DV Prasad, I.A.S., Chief Secretary, Commerce & Industries Department, Government of Karnataka and Dr. Naushad Forbes, President, Confederation of Indian Industries (CII). Present too from IMTMA Exhibitions were Chairman Jamshyd N. Godrej, President PG Jadeja, Vice President P Ramadas and Director General V Anbu.

Twenty countries and numerous technologies

The exhibition was held until 1 February in 6 halls including a new 17,500m2 exhibition hall covering a total exhibition area of around 66,000m2. The fair had over 1000 exhibitors many of which international from 22 countries including China, Czech Republic, Germany, Italy, Spain, Taiwan and the United States. Numerous technologies such as hybrid machines, 3D printing, Industry 4.0 and many more innovative technologies were being launched and displayed. Decision makers and business heads from across the spectrum of the Indian metalworking industry attended the trade fair, the organisers said.

India as a world class hub for capital goods

Inaugurating the exhibition, Siddaramaiah said, “It is well known that machine tools are the backbone of manufacturing and a strong machine tool industry propels strong manufacturing which in turn spurs the economy. Karnataka was the cradle for the machine tool industry that has now grown to produce over 50% of the Indian machine tool output. Keeping this in view, the government along with the industry charted out a plan for developing a machine tool park in the state.” Commenting further on developing a proposed park the chief minister said, “The proposed machine tool park at Vasantha Narsapur in the Tumkur district is a joint venture between the Government of India and the Government of Karnataka on a 500-acre piece of land. Once functional, the park is expected to boost the domestic turnover of machine tools while saving foreign exchange and reducing imports. Furthermore, the park will create over 4,000 jobs in the manufacturing and administrative fields.”

Speaking on the Indian Capital Goods Policy and its impact on the Make in India initiative, Shankar noted, “India’s Capital Goods Policy envisages capital goods to grow from Rs.2.3 lakh crore to Rs. 7.5 lakh crore in 2025. The policy has been formulated with a vision to increase the share of capital goods contribution to the GDP from 12% to 20% of the total manufacturing activity by 2025. Our endeavour is to drive growth for the capital-goods sector and build India as a world class hub for capital goods. This covers critical areas such as increasing total production, employment, domestic market share, exports, skill availability, technology depth and SMEs. I am sure these initiatives will lead to strengthening the machine tool industry and the capital goods industry. “I am glad that IMTMA’s flagship event Imtex supports and demonstrates India’s capability in the machine tools segment on a massive scale and is a strong enabler of Make in India,” Shankar added.

Boon for the manufacturing industry

“Imtex is not just for the machine tool manufacturers, but for the entire manufacturing industry of India. The exhibition has a potential to attract investment and provide growth opportunity for the industry in Karnataka. This can happen only when we promote our industries,” Prasad explained and added, “The Karnataka Government is working on enhancing industrial connectivity in the Chennai-Bengaluru and Bengaluru-Mumbai corridors. The state is supporting the National Investment Manufacturing Zones at key locations that is expected to give added impetus to the manufacturing sector and encouraged by the state’s efforts and many auto and auto ancillary units have made their base in Karnataka.”

Speaking on the fair's formidable stature in the Indian machine tools sector, Godrej said, “Two years from now, we will be celebrating the 50th year of Imtex. The main objective of the show is to demonstrate and showcase different manufacturing technologies and innovations to enable the manufacturing companies and industries to take decisions on what they need to meet their current and future requirements.”

“As technology becomes a formidable enabler in manufacturing, it is imminent to incorporate it in all aspects of manufacturing,” Forbes noted. “The machine tool sector has a huge responsibility and scope to make Indian manufacturing successful and therefore the industry needs to leverage not only its design capabilities but also ICT, automation, Industry 4.0 as well as innovation,” Forbes added.

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To provide further impetus to the machine tools industry, IMTMA is working closely with NITI Aayog and DHI to give shape to the future technological initiatives and R&D efforts for the machine tool industry.

Speaking on opportunities for machine tools sector Jadeja noted, “The aero-defence sector presents an attractive growth opportunity. To tap this IMTMA has launched an initiative and formed the Aero-Def Group to bring our members closer to this important customer segment and work out development and marketing strategies.”

The IMTMA-Premier Outstanding Entrepreneur Award in memory of Vinod Doshi was presented at the inaugural function. Milind Kelkar and Mohini Kelkar from GrindMaster won the award.

This article appeared in www.maschinenmarkt.international.