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 18, May 2026
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Tata Electronics, ASML Sign MoU for Dholera Semiconductor Fab
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Tata Electronics, a pioneering leader in India’s electronics and semiconductor manufacturing sector, and ASML, one of the world’s leading semiconductor equipment manufacturing companies, announced the signing of a Memorandum of Understanding (MoU) to advance the semiconductor manufacturing ecosystem in India. Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics’ upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat.
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Schaeffler India Enhances Research Infrastructure at IISC Bengaluru
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Schaeffler India, the motion technology company, has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India’s purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High-Performance Computing) large-scale simulations, data-intensive modeling, and advanced analytics across materials, energy systems, and sustainable mobility.
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Salvagnini Maschinenbau Highlights Flexible Sheet Metal Manufacturing at Xperience 2026
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Salvagnini Maschinenbau hosted Xperience at its facility in Ennsdorf in Linz, Austria, Europe’s largest manufacturing site dedicated exclusively to panel benders. The event brought together over 500 executives, managers, and professionals from the sheet metal sector representing more than 30 countries. Xperience showed how sheet metal manufacturers can respond to a more demanding industrial environment with technologies designed to combine flexibility, control, and continuity.
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SPH Aviation Launches Defence-Focused Drone Brand iQuantara
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Gurugram-based SPH Aviation Pvt Ltd announced the launch of iQuantara, its dedicated defence-focused brand aimed at advancing indigenous drone technologies for India’s evolving security and surveillance needs. With this strategic move, SPH marks its expansion into the defence and aerospace domain, aligning with the national vision of self-reliance in critical defence technologies.
iQuantara evolves from SPH’s defence-focused initiatives, delivering earlier under the SPH Aviation name.
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Flying Wedge Defence Expands Kaal Bhairava Manufacturing to Europe
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Flying Wedge Defence & Aerospace (FWDA), an Indian AI warfare company, recently announced its first international manufacturing node in Portugal for its flagship autonomous combat aircraft, Kaal Bhairava. Known as India’s first AI combat aircraft, Kaal Bhairava will be manufactured in Portugal in partnership with SKETCHPIXEL LDA, a European technology company known for building advanced fighter jet simulation systems for aircraft such as the F-16.
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The Hidden Cost of Ignoring Metal Finishing
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In modern manufacturing, the most expensive losses are often those not recorded on the balance sheet. They do not appear as a single line item. They hide inside rework, operator fatigue, inconsistent quality, delayed dispatches, coating failures, and rejected exports. One such silent loss across global manufacturing, especially in emerging economies, is the continued neglect of metal-finishing and deburring technologies.
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