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 2, January 2026
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BFW Earns Multiple CII, ET Honors
Bharat Fritz Werner Ltd (BFW), a pioneer in machine tools and advanced manufacturing solutions, has bagged a host of prestigious awards in 2025, reinforcing its leadership in innovation, workplace excellence, and inclusive development. It was named among the Top 50 Companies at the CII Award for Excellence in Women in STEM 2025.
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Garuda Aerospace Opens Drone Battery Unit
Following the successful launch of its defence drone facility, Garuda Aerospace, inaugurated its new Drone Battery Manufacturing Facility in Chennai. This landmark occasion conducted in collaboration with Bharat Drone Udaan and Bharat Drone Association, at Garuda Aerospace Ltd Operation Centre, underscores Garuda Aerospace’s commitment to strengthening India’s indigenous and self-reliant drone ecosystem.
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Lokesh Machines Bags INR 22Cr Order
Lokesh Machines Ltd, a Hyderabad-based machine industry company, has secured a defence supply order worth INR 22 crore, which is a significant milestone towards its growing engagement with the Indian defence manufacturing ecosystem. The order has been awarded by Advanced Weapons and Equipment India Ltd (AWEIL), a government-owned defence PSU headquartered in Kanpur.
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Singularity AMC Bets on Lohia Aerospace
Singularity AMC, a growth-equity investment platform backed by Madhusudan Kela and led by Yash Kela, announced that it has invested in Lohia Aerospace Systems Pvt Ltd, an advanced materials and composites manufacturing company for full aerostructures and systems, serving global aerospace and defence markets. The company specializes in manufacturing complex structures used in aircraft.
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EON Space Labs’ MIRA Set for ISRO Launch
Eon Space Labs, a deep-tech startup, is gearing up to mark a major milestone in India’s private space ecosystem. It is launching its advanced multispectral imaging payload MIRA aboard the ISRO’s PSLV-C62 mission from the First Launch Pad at Satish Dhawan Space Centre. The mission enables near real-time, in-orbit processing of Earth observation data.
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Aimtron Electronics Forays Into Train Signal
Aimtron Electronics Ltd, one of the fastest-growing electronics system design and manufacturing (ESDM) companies, has entered the railway signaling and train safety systems segment through an arrangement with an established Indian technology provider specializing in mission-critical railway signaling solutions. This marks Aimtron’s expansion into the rapidly evolving rail safety and signaling electronics segment.
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