The MMI Magazine is an initiative of the Indian Machine Tool
Manufacturers’ Association (IMTMA) and is published in association with
the Modern Machine Shop. IMTMA has played a leading role in the
development of the machine tool industry, which is the backbone for
industrial growth in India. This national cause has been the guiding
force behind IMTMA and its membership.
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Newsletter - Issue 15, April 2026
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Manufacturing Momentum Drives India’s Machine Tool Market
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India’s strong economic growth and manufacturing expansion are driving rising demand for machine tools. Domestic production is improving, while exports shows growth. India’s economic momentum remained strong at the start of 2026. The Manufacturing PMI stood at 55.4, while the Services PMI was 58.5 in January 2026, both remaining well above the 50-mark threshold, indicating continued expansion in private sector activity.
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Safran, Uni Tritech Ink LEAP Components MoU
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Safran Aircraft Engines has signed a MoU with Uni Tritech, a Neterwala Group company, to manufacture components for the CFM LEAP engine program. This collaboration marks a major milestone in strengthening Safran Aircraft Engines’ supply chain and advancing India’s capabilities in high-precision aerospace manufacturing. Under this agreement, Uni Tritech will start production of aluminum investment cast parts for the LEAP-1A and LEAP-1B engines.
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CERATIZIT Announces Oliver Sax as Executive Board Member
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CERATIZIT announces a change in its Executive Board. Oliver Sax has been appointed as a member of the company’s Executive Board. In his new role, he will be responsible for the Branded and Private Label Cutting Tools business, including global Sales and Marketing activities. He brings many years of international experience in the tooling industry. His appointment supports the company’s continued focus on customer-oriented growth and strong collaboration within the Plansee Group.
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Advancing India’s Die & Mold Industry
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Driven by rising demand for precision, efficiency, and shorter lead times, India’s Die & Mold industry is evolving rapidly. Mazak’s advanced machining solutions enable manufacturers to meet these challenges with confidence, combining high performance, flexibility, and strong support to help Indian tool rooms align with global standards. The market is expected to grow at a CAGR of around 11-12 percent, with significant investments in advanced tooling technologies.
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Concentrating Expertise For Tool And Mold Making
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A collaborative project between SCHUNK, OPEN MIND, and Horn demonstrates how coordinated engineering delivers precision, productivity, and process reliability in tool and mold making. Proven technologies were combined with innovative approaches—from deformation-free magnetic workpiece clamping and high-performance milling tools to advanced CAM strategies for economical programming. Magnetic clamping technology is widely known in surface grinding.
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Engineering India’s Energy Transition
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The global narrative on climate change has shifted from theoretical goals to industrial mandates. For India, the journey toward Net-Zero by 2070 is not merely a policy objective but an industrial evolution. At the center of this shift is the heavy engineering industry—an energy-intensive sector that is now driving efficiency, renewable integration, and next-generation clean technologies at scale.
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