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 34, September 2026
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SkyPulse Solutions, HAL Plan INR 2,491Cr 30-Helicopter Program
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SkyPulse Solutions IFSC Pvt Ltd and Hindustan Aeronautics Ltd sign a MoU to establish a strategic framework for the acquisition, financing, leasing, deployment, and lifecycle support of HAL-manufactured helicopters, with the proposed 30-helicopter program estimated at INR 2,491 crore. The partnership brings together HAL’s indigenous aerospace and helicopter capabilities with SkyPulse’s aviation leasing, financing, and asset-management platform.
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Musashi India, Bhago Mobility Sign LOI for 3W e-Axles
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Musashi Auto Parts India Pvt Ltd, has signed a Letter of Intent with Bhago Mobility Solutions Pvt Ltd for the supply of electric powertrain systems for the fixed-battery variant of its upcoming three-wheeler passenger vehicle platform, Bhago Bhim™. The partnership supports both companies’ efforts to contribute to India’s growing EV market.
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JCBL Group Receives DRDO ToT for C-130J/C-17 Aircraft Heavy Drop System
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JCBL Group has received the Licensing Agreement for Transfer of Technology (LAToT) for the Heavy Drop System - 20T (Type V) for C-130/C-17 aircraft from the Aerial Delivery Research and Development Establishment (ADRDE), Defence Research and Development Organisation (DRDO). The LAToT was handed in the presence of Hon’ble Raksha Mantri Rajnath Singh and Rajesh Kumar Singh, Chairman, DRDO.
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Hughes Precision Raises INR 250+ Cr to Boost Ammunition Capacity
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Hughes Precision Manufacturing Pvt Ltd, one of India’s growing private-sector ammunition manufacturers, has completed an investment round of INR 250+ crore. The investment will support the company’s next phase of growth, including the expansion of its existing small-caliber ammunition manufacturing capacity from approximately 80 million rounds to 220 million rounds and establishment of a dedicated medium-caliber ammunition manufacturing facility.
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LMW’s Turnmill Center Earns India’s Best Design Award 2026
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LMW Ltd, a leading manufacturer of advanced CNC machines and engineering solutions, announced that its Turnmill Center LR30MY L17 has been honored with the prestigious India’s Best Design Award 2026. The LR30MY L17 represents a significant advancement in multitasking machining technology, combining turning and milling capabilities in a single platform to deliver superior productivity, precision, and operational efficiency.
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Tien Ding Industrial Addresses Ceramic Powder and Corrosion Challenges
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The demanding nature of ceramic machining highlights the need for telescopic covers meant for challenging conditions. Right from ceramic powder and material brittleness to limited lubrication, this article explores the key challenges and solutions. Ceramic machining is a highly demanding process that requires specialized techniques, tools, and strategies to achieve precision and durability.
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