Making the Blueprint of ‘New India’

This year, India is commemorating its 75 years of evolutionary journey 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.

In this backdrop, we take pride in sharing that the country’s apex body of machine tools, Indian Machine Tool Manufacturers’ Association (IMTMA), is also marking its 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.

Soumi Mitra
Editor-in-Chief
Modern Manufacturing India
soumi.mitra@magicwandmedia.in 

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