The IMTEX FORMING 2018 & Tooltech 2018, South East Asia’s largest exhibition on metal forming technologies, organised by Indian Machine Tool Manufacturers’ Association (IMTMA),
has witnessed the convergence of Innovative Technologies across the world. The event was inaugurated by R V Deshpande, Minister for Large & Medium Scale Industries and Infrastructure Development, Government of Karnataka at Bangalore International Exhibition Centre (BIEC), Bangalore, India on January 25, 2018. The exhibition will conclude on January 30, 2018. The other dignitaries present at the inaugural function were A S Kiran Kumar, Former Chairman of ISRO, Nirmal K Minda, President – Automotive Component Manufacturers Association of India (ACMA), Jamshyd N Godrej, Chairman – Exhibitions, IMTMA, P Ramadas, President, IMTMA and V Anbu, Director General & CEO, IMTMA.
During his inaugural address, Minister Deshpande urged industries to invest in Karnataka and appealed to make Bangalore as the second capital of India.
“Karnataka was the first state in the country to bring out a start-up policy and is the only state in India to have an electrical vehicle policy. It is the most preferred state for investment. The state has been in the forefront of supporting the manufacturing sector and it has successfully created 12,61,000 jobs and over 5,00,000 jobs are in pipeline,” he said.
The Minister mentioned about the Machine Tool Park in Tumakuru being jointly developed by the Government of India and the Government of Karnataka. The park is being developed as a model industrial cluster with all infrastructure facilities for SMEs, he said.
Speaking on the occasion, IMTMA President P Ramadas said: “Indian machine tool industry registered an impressive growth rate of 23% during 2016-17. The industry is expected to grow by around 20 % during 2017-18 and Indian metal forming industry is expected to grow at a CAGR of around 15% in the next three years.”
Jamshyd N Godrej said that the popularity of the show can be gauged from the tremendous response and enthusiasm shown by exhibitors and visitors and the organisers are optimistic that the show will grow in stature in years to come.
Nirmal K Minda said that machine tool is the backbone of manufacturing industry and contributes immensely towards its development.
“The ACMA and IMTMA have been working closely towards addressing the growing needs of the automotive component manufacturers and shall continue to do so in the years to come. India’s Auto Mission Plan (AMP) 2016-26 aims to make automobile manufacturing the main driver of ‘Make in India’ initiative as passenger vehicles market is likely to triple to 9.4 million units by 2026 creating a tremendous opportunity for machine tool industry,” he pointed out.
While delivering his address, A S Kiran Kumar said that the polar satellite launch vehicles developed by ISRO are being indigenously manufactured with support from Indian companies and ISRO is also releasing the lithium-ion batteries which could be adopted in the automotive sector.
Technologies on display at the exhibition include robotics and automation, welding and joining, wire-forming and drawing, presses, die -casting, hydroforming, sheet metal forming machines, presses for applications, die and moulds, and hydraulic and pneumatic systems and elements. The exhibition features over 500 exhibitors in three halls in around 33,000 square metres. As many as 23 countries including India are participating in the show with group participation from China, Taiwan and Germany. Around 100 business delegations from the public and private sector representing various manufacturing industries such as automotive, aerospace, defence, railways, power, capital goods, general engineering, medical engineering, and so on are expected to visit the exhibition.