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 3, February 2026
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Capability Defines Competitiveness
The Indian machine tool industry is now entering a defining phase of its evolution, driven by rising domestic demand. Industry stakeholders increasingly recognize that long-term competitiveness is built not only on scale, but also on control over core technologies. This shift from scale to capability, marks a significant maturation of the ecosystem. Jan-Feb MMI 2026 issue captures this transition.
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ACMA Supports India-EU Free Trade Deal
Automotive Component Manufacturers Association of India (ACMA) applauds the Hon’ble Prime Minister of India, Shri Narendra Modi, on the signing of the historic India-European Union Free Trade Agreement (FTA). The agreement is a significant milestone towards strengthening India’s integration with global automotive value chains. Trade between India and the EU in auto components has remained broadly balanced.
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Balu Forge Enters NATO Defence Supply Chain
Balu Forge Industries Ltd, a precision engineering company engaged in the manufacturing of forged and machined components, is pleased to announce its formal induction into the NATO supply chain for critical defence components. This strategic milestone grants the company the mandate to manufacture and supply high-specification artillery shell bodies and complex forged components to NATO member states.
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Building The Next-Generation Workforce
India’s manufacturing sector, which contributes nearly 17 percent of GDP, is entering a defining phase. With the right interventions, it can expand its share to 25 percent and create more than 100 million new jobs, positioning the country among the world’s leading advanced manufacturing hubs. Achieving this potential will require a workforce ready for rapid technological change.
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Larsen & Toubro Partners with Indian Army
Larsen & Toubro Ltd (L&T) has received a supply order from the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army for the overhaul, upgrade, and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems. This initiative between a domestic private OEM and the Indian Army is focused on long-term sustenance of frontline artillery systems.
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Solution for Industrial Lubrication Systems
The TM oil lubrication pump is designed for centralized lubrication systems used in precision machinery. Its gear pump structure ensures stable and efficient operation, delivering lubricating oil to each lubrication point at preset intervals and in precise quantities. This design helps maintain consistent lubrication performance and supports long-term, reliable equipment operation. The pump can be controlled via PLC commands.
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