Third edition of Delhi Machine Tool Expo,India’s largest B2B machine tool exhibition, has started at India Expo Mart in New Delhi, India. Arvind Ganpat Sawant, Minister for Heavy Industries and Public Enterprises, Govt. of India, Sukriti Likhi, IAS, Joint Secretary, DHI, P. Ramadas, President – IMTMA, Indradev Babu, Vice President – IMTMA and V. Anbu, Director General and CEO of IMTMA were present during the inaugural session.
Organized by the Indian Machine Tool Manufacturers Association (IMTMA), the exhibition will be held for four days till August 11, 2019, and will serve as a platform to demonstrate the latest manufacturing technologies. With around 150 exhibitors, the expo covers the entire gamut of metalworking machine tools for both metal cutting and metal forming including automation and robotics, tooling systems, CAD/CAM and other technologies which are essential for today’s manufacturing.
Arvind Ganpat Sawant said, “I feel every manufacturing company should not only strengthen themselves but also they should make sufficient profit to generate employment. Further, their products should be globally competitive. Our government is significantly concerned about this. Toward this, income tax has been reduced to 25 percent for companies with turnover below 400 crores.”
P Ramadas, President, IMTMA said, “Although at present, we are witnessing some headwinds in manufacturing, I optimistically believe that markets would open up in the coming quarters and the industry would bounce back as the economy improves.”
V. Anbu, Director General and CEO of IMTMA said, “Shows such as the Delhi Machine Tool Expo are enablers to take technologies closer to the SMEs and pave way for their continual growth. At this Delhi Machine Tool Expo 2019, we have over 150 exhibitors displaying state-of-the-art technology solutions and innovations for both metal-cutting and metal-forming machine tools. Apart from India, four countries: China, Germany, Japan, and Taiwan are participating. We also have Group Participation from China and Taiwan.”