Page 8 - MMI-SeptOct2021 SM upload
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PUBLISHER’S NOTE


                                                                  Dear MMI Readers,
                                                                  India is gradually coming out of the
                                                                  uncertainties that engulfed it during the
                                                                  second wave of COVID-19. India’s composite
                                                                  Purchasing  Managers’  Index  (PMI)  for  July
                                                                  rose to a three-month high in July with the
                                                                  easing of lockdowns, according to IHS Markit
                                                                  Survey, corroborating an upswing in other
                                                                  parameters of the economy.
                                                                  Economic recovery, to a large extent, depends
                                                                  on the country’s progress in the vaccination
                                                                  drive. The Government is aiming to inoculate
                                                                  close to 90 percent of its adult population
                                                                  by March 2022, which will bode well for its
                                                                  progress on all fronts.
                                                                  The Indian Machine Tool industry is adapting
                                                                  to the changed conditions through increased
                                                                  deployment of technology and digitalization
                   V ANBU                                         and is working towards achieving the growth
                   DIRECTOR GENERAL & CEO                         figures of pre-COVID years.
                   INDIAN MACHINE TOOL                            In the meantime, our Modern Manufacturing
                   MANUFACTURERS’ ASSOCIATION                     India (MMI) magazine is bringing up-to-date
                                                                  information to you from the Manufacturing
                                                                  sector including the Machine Tool industry to
                                                                  keep you well-versed with the developments.
                                                                  This month’s edition focuses on the
                                                                  Automotive sector.
                                                                  This   year,   Indian   Machine    Tool
                        The Indian Machine Tool industry is       Manufacturers’ Association (IMTMA) is
                         adapting to the changed conditions       completing 75 years. Founded in 1946
                                                                  during the  British era,  IMTMA  has,  since
                         through increased deployment of
                                                                  then, been serving the Machine Tool and
                        technology and digitalization and is      Manufacturing industries. We have captured
                       working towards achieving the growth       a brief history and the journey of the
                            figures of pre-COVID years.           Association since its inception in an article
                                                                  in this issue.
                                                                  As we continue to share inspirational stories
                                                                  from across the world, we also reach out
                                                                  for your feedback which would be highly
                                                                  valuable in helping us understand your needs.
                                                                  My  heartfelt  thanks to you, the  readers  of
                                                                  MMI, for your continued interest and support.
                                                                  Readers can download previous issues of
                                                                  MMI from the IMTMA website.






















          8  |  September-October 2021                                                   Modern Manufacturing India
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