Wish you and your families a Happy, Healthy and Prosperous New Year 2020!
We are at the beginning of a new decade and it is great to see much hope and optimism for the manufacturing sector. A revival of the sector and an upscale in its sphere of business is on the cards. The developments which defied the manufacturing sector in the year gone by seem to be hopefully diminishing as we see the undercurrent of positive vibes.
The Automobile sector, which underwent some turbulent times with disruptions and changing emission norms, is now looking for an uptick in its business, and I am sanguine that the uncertainties that hit the sector will be history. The changing time is a wake-up call and the Indian Machine Tool industry should explore new avenues instead of being too reliant on a few select sectors to sustain. Industries need to reorient themselves with long-term planning, strategy, vision, and focus on export-led growth. This will help tide over the aberrations created by market fluctuations.
Trends are changing sharply with the customer demands for high 'Build Quality' and customizable products on the rise. To meet these needs, manufacturers must improve their design and process capabilities to bring out world-class offerings.
Indian Machine Tool Manufacturers’ Association (IMTMA) has constantly endeavored to aid industries by taking strong developmental initiatives on areas spanning technology, R&D and data analytics. The Association, by bringing national and international industry leaders, products and innovations to IMTEX, has been a catalyst and trendsetter for the Machine Tool industry and its stakeholders. The exhibition is a forum where policymakers, technocrats, academia and manufacturers congregate to realize common business goals.
To continue this tradition, IMTMA is organizing ‘IMTEX FORMING 2020 & Tooltech 2020’ from January 23–28, 2020, at Bangalore International Exhibition Centre (BIEC) in Bengaluru. The exhibition will showcase technologies in metal forming with the focus on digital manufacturing comprising additive manufacturing and new generation technologies that form Industry 4.0. Visitors can learn, interact, network and collaborate with manufacturing fraternity from around 25 countries participating in the show.
I call upon all of you to wholeheartedly support me in this journey, as we take IMTMA’s legacy forward.
Wishing you readers an interesting and bountiful year.
IMTMA is organizing ‘IMTEX FORMING 2020 & Tooltech 2020’ from January 23–28, 2020, at Bangalore International Exhibition Centre (BIEC) in Bengaluru.