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.
|
Newsletter - Issue 20, June 2026
|
|
|
|
|
|
Innovation and Automation Fuel Steady Growth in India’s Machine Tool Industry
|
The Indian machine tool industry has also recorded encouraging growth in FY 2025-26, supported by rising domestic demand, expanding industrial activity, and improved export performance. The industry’s growing focus on innovation, automation, precision manufacturing, and localization is further strengthening India’s global manufacturing competitiveness. This edition focuses on grinding technology and its growing significance in precision manufacturing and features insightful articles.
|
|
|
|
|
|
|
Bain Capital-backed Dhoot Transmission Partners with Israel-based RideVision for ADAS
|
Dhoot Transmission Pvt Ltd (Dhoot Transmission or Dhoot) has entered a partnership with Israel-based company RideVision (RV) for Advanced Driver Assistance Systems (ADAS) solutions, marking a milestone in the company’s journey toward advanced technology and automotive electronics solutions.
This partnership represents Dhoot’s entry into intelligent mobility and safety technologies, aiming to further strengthen and complement its existing electronics portfolio.
|
|
|
|
|
|
|
Rittal India Ushers in New Leadership Era with Mathew Jacob as CEO
|
Rittal India Pvt Ltd, a leading provider of industrial enclosures, power distribution, climate control, and IT infrastructure solutions, announced the appointment of Mathew Jacob as Chief Executive Officer (CEO). He has succeeded Ajay Bhargava, who concludes a distinguished 16-year tenure as Managing Director of Rittal India. A seasoned industry leader with over three decades of experience, Jacob has held senior leadership roles.
|
|
|
|
|
|
Niqo Robotics Scales 'Made in Bharat' Physical AI Worldwide
|
Niqo Robotics, a Physical AI company building intelligent agricultural robots for global farms, today announced that its core AI enabled weeding business is on track to achieve profitability in its first full year of commercial operations. The company has also built strong cumulative revenue traction, positioning it among the few Indian agricultural robotics companies to demonstrate meaningful commercial scale in this sector.
|
|
|
|
|
|
|
|
Why Optimizing Machines Isn’t Enough
|
Ravi Gilani, Founder & Managing Consultant, Goldratt Bharat authors an exclusive piece, examining why local optimization often fails to improve overall plant performance and how identifying operational constraints drives real throughput growth. Walk through most manufacturing plants and you will notice the same pattern. Machines are running, dashboards are active, utilization reports are being reviewed, and production teams are under constant pressure to improve efficiency.
|
|
|
|
|
|
|
DEEP Manufacturing and Fortius Metals Partner to Scale Production of Complex Multi-Material Metal Parts
|
DEEP Manufacturing and Fortius Metals have collaborated to build a multi-material metal cylinder using DEEP Manufacturing’s synchronized multi-robot wire arc additive manufacturing (WAAM) system, a form of industrial 3D printing that uses welding to build large metal parts layer by layer. The goal is to demonstrate that multi-material metal deposition - combining advanced alloys within a single, continuous build.
|
|
|
|
|