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 26, July 2026
|
|
|
|
|
|
Aimtron Electronics Secures Pilot Order for Semiconductor Test Platform
|
Aimtron Electronics Ltd, an ESDM company, announced that it has secured a pilot Box-Build manufacturing order from a leading global semiconductor test solutions company. The engagement carries an estimated business potential of US$ 2.6 million to US$ 3.4 million, representing a significant opportunity to expand the company’s presence in high-value electronics manufacturing.
|
|
|
|
|
|
|
Hical Technologies Strengthens India-Germany Aerospace Partnership
|
Hical Technologies Pvt Ltd, a precision electromechanical manufacturer for global aerospace and defence platforms, welcomed Tobias Gotthardt, Hon’ble Vice Minister at the Bavarian Ministry of Economic Affairs, Regional Development and Energy, at its Electronic City facility. India’s aerospace and defence sector is witnessing rapid growth, with defence exports reaching a record INR 38,424 crore in FY26.
|
|
|
|
|
|
Technology And Innovation To Drive Growth
|
India’s manufacturing sector is at a pivotal stage, where growth is increasingly defined by capability, innovation, and technological depth. Strengthening the machine tool industry and reducing import dependence will be key to sustaining long-term competitiveness. India, one of the fastest-growing major economies in the world, is projected to grow, making it a bright spot for investment.
|
|
|
|
|
|
|
|
PETRONAS Lubricants India Secures Mahindra Aftermarket Service Fill Contract
|
PETRONAS Lubricants (India) Pvt Ltd, a subsidiary of PETRONAS Lubricants International, has been awarded the Aftermarket Service Fill contract by Mahindra & Mahindra Ltd, India’s leading SUV manufacturer, strengthening its footprint in the country’s automotive lubricant segment. PLIPL will be the sole distributor of vehicle fluids to Mahindra’s authorized dealers, workshops, and stockists.
|
|
|
|
|
|
Mastercam Completes Strategic Acquisition of Mastercam India
|
Mastercam announced the successful completion of the acquisition of Mastercam India, a trusted and long-standing Mastercam channel partner. With the acquisition finalized, Mastercam India now operates as part of the global Mastercam organization. Customers will continue working with the same local team
supported by full strength of Mastercam’s global resources and expertise.
|
|
|
|
|
|
|
FARO CREAFORM Strengthens HandySCAN 3D Portfolio
|
FARO CREAFORM, a business of AMETEK, Inc. and global provider of 3D scanning and portable CMM solutions, announces new additions to the HandySCAN 3D family. The company introduces the HandySCAN EVO and HandySCAN EVO Plus to enhance everyday inspection workflows through a more intuitive, user-focused platform. It is expanding its large-part, metrology-grade capabilities.
|
|
|
|
|