IMTEX Inaugurated

IMTEX FORMING 2018 & Tooltech 2018 Paves Way for Technological Advancements

IMTEX FORMING 2018 & Tooltech 2018 organized by Indian Machine Tool Manufacturers’ Association (IMTMA) held at Bangalore International Exhibition Centre, Bengaluru from 25th to 30th January 2018, which was largest in the series, concluded on a positive note. The exhibition size grew by 18 per cent and showcased future technologies which could be vital for enhancing productivity for Indian manufacturing industry.

Exhibitors displayed wide range of high-end presses, laser cutting machines, and technologies related to bending and tube drawing. Advanced technologies such as Industry 4.0 and Internet of Things were also displayed by many exhibitors. Automation, robotics, sensors, CAD/CAM and tools that were more related to support the metal forming user industries were also displayed.

International associations from Germany, Italy, Japan, Taiwan, UK and USA also participated in the exhibition.

Parallel events also recorded good visitor turnouts.

Over 350 participants from 130 companies participated in the International Seminar on Forming Technology held on 24th January 2018 at BIEC, Bengaluru.

Researchers from 44 institutions presented their R&D projects. The best research projects were awarded. Marathwada Institute of Technology won the first prize. PDPM IIIT DM won the second prize and Indian Institute of Technology Bombay won the third prize. Companies entered into tie-ups with some of these institutions to use their research for commercial purposes.

Twenty-one delegates from 7 countries took part in the International Buyer-Seller Meet held from 27th to 28th January 2018.

More than 2000 students from over 50 institutions took part in ‘i Connect’ to enrich themselves with opportunities in store for them in the manufacturing sector.

Delegations from public and private sectors representing user industries such as auto components, aerospace, defence, railways, electrical and electronics, plastic machinery, white and brown goods, medical engineering, and others took part in the show.

Speaking about the significance of IMTEX FORMING 2018 on the small and medium enterprises (SMEs), IMTMA President P. Ramadas said, “Indian manufacturing landscape has a significant number of SMEs. The exhibition was important for fulfilling their aspirations and goals. The SMEs were able to leverage opportunities which would enable them rise a notch higher. The presence of decision making authorities from original equipment manufacturers (OEM) resulted in securing well qualified leads and accelerated the sales process at the show. The show generated overwhelming response from SMEs engaged in manufacturing of vices, presses, manufacture of parts such as wheels and castors, measuring, welding and material handling solutions, and so on.”

Reflecting on the potential of the show, IMTMA Director General & CEO, V. Anbu added, “IMTEX FORMING 2018 was the largest in the series in terms of exhibition area as well as exhibitors. There has been a significant increase in the number of business visitors which affirmed the immense potential of business opportunities that the exhibition had in store for the manufacturing industry. The show will further strengthen the bonds between machine tool manufacturers and customers and we hope the leads generated during the show will result in good business outcome.”

IMTEX FORMING 2018 served to open up the way for development of Indian metal forming sector by acting as an enabler to forging long-term business relationships which could lead to the growth of the country’s economy.

About IMTMA

IMTMA was formed in 1946 and represents around 90% of the organized machine tool and allied equipment manufacturers as on date.

IMTMA is the apex body and single point of contact for the entire machine tool industry of India and plays a critical role in the development of the metalworking industry.

A not-for-profit association, IMTMA’s initiatives range from government advocacy to industry and export promotion, trade fairs and events, training and seminars, technology missions, publication of various industry and technical writings, structuring of regional councils, and development of clusters