{"id":6016,"date":"2015-07-04T05:57:34","date_gmt":"2015-07-04T05:57:34","guid":{"rendered":"http:\/\/mfgtechupdate.com\/?p=6016"},"modified":"2015-07-04T05:57:34","modified_gmt":"2015-07-04T05:57:34","slug":"imtos-2015-to-spotlight-indias-emerging-prowess-in-industrial-manufacturing","status":"publish","type":"post","link":"https:\/\/mtuupdate.in\/mtu\/2015\/07\/04\/imtos-2015-to-spotlight-indias-emerging-prowess-in-industrial-manufacturing\/","title":{"rendered":"IMTOS 2015 to spotlight India\u2019s emerging prowess in industrial manufacturing"},"content":{"rendered":"<ul>\n<li>IMTOS is a niche platform showcasing path breaking ideas and innovation in machine tools; and is supported by Prime Minister\u2019s \u2018Make in India\u2019 initiative<\/li>\n<\/ul>\n<ul>\n<li>Widely respected by the players of the sector, the biannual show witnesses participation from over 1000 companies every year<\/li>\n<\/ul>\n<ul>\n<li>Starting July 4, the Expo will witness large scale participation from international players, and will showcase to them the innovation taking place in India\u2019s machine industry<\/li>\n<\/ul>\n<p>With Prime Minister Narendra Modi making a major push for \u2018<strong><em>Make in India<\/em><\/strong>\u2019, the international spotlight is on India\u2019s manufacturing sector. In line with this focus, the 6<sup>th<\/sup> India Machine Tools Show 2015 is set to bring together over 150 exhibitors to showcase the innovation in technology and design being undertaken by them. With a participation of more than 1000 companies from India and at least 100 companies from the top league of capital goods sector, IMTOS has over the years emerged as the country\u2019s leading exhibition on machine tools and automotive technology. The inauguration of the 6<sup>th<\/sup> edition of the exhibition on July 4<sup>th<\/sup> will be attended by some imminent dignitaries like <strong><em>Shri Kalraj Mishra<\/em><\/strong>, Union Minister for Micro Small and Medium Enterprises, Government of India, <strong><em>Mr. Amitabh Kant<\/em><\/strong>, Secretary, Department of Industrial Policy and Promotion (DIPP) \u2013 Government of India and <strong><em>Shri Ravindr<\/em><\/strong><strong><em>a Nath<\/em><\/strong>, CMD, National Small Industries Corporation (NSIC) at Pragati Maidan.<br \/>\n<a href=\"http:\/\/mfgtechupdate.com\/wp-content\/uploads\/2015\/07\/IMTOS-Collage-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"  aligncenter wp-image-6026\" src=\"http:\/\/mfgtechupdate.com\/wp-content\/uploads\/2015\/07\/IMTOS-Collage-1.jpg\" alt=\"IMTOS-Collage-1\" width=\"820\" height=\"141\" \/><\/a><br \/>\nWith India in the process of experiencing a paradigm shift in manufacturing, leaders of the Indian machine tool industry are paying more emphasis on inventions, innovations, improved technology, and design. Accordingly, they are welcoming the platforms and opportunities that will take the sector to the world. Organized by K and D Communication Limited, the India Machine Tools Show (IMTOS) 2015 offers such a platform. The 4-day expo is officially supported by \u2018Make in India\u2019 campaign and will provide a major interface between Indian manufacturers of machine tools and international companies to boost trade and exports.<br \/>\nFor any country, a strong manufacturing sector is crucial for its growth. The sector has a major contribution in country\u2019s intellectual capital, innovation and economic prosperity. The global competitive landscape for manufacturing is undergoing a transformational shift. An equivalent effect is also seen in India, with Indian machine tool production industry estimated to be of worth approximately a US$ 500 million, as per Unites Nations Industrial Development Organization.<br \/>\n\u201cThere is a lot happening in the machine tools sector across the world, as well as in India. Improved technology in the sector translates into a multiplier effect on output and incomes. It is therefore absolutely critical to boost trade and facilitate more exchange between innovators, manufacturers and buyers. We started this exhibition with the intention to showcase the innovation being done in the manufacturing field. The entire notion was to provide the players of machine tools manufacturing sector a platform where they can introduce any new development, concept or ideas they have initiated to the world. This niche platform aimed to build a strong industry network via sharing of latest trends, solutions, knowledge and vendor development. The overwhelming response from the industry has helped us to achieve remarkable success within a short span of three years,\u201d said <strong>Mr. Kamlesh Gohil, CMD at K and D Communication Limited.<\/strong><strong>\u00a0<\/strong><br \/>\nThe exhibition falls in line with the concept of \u2018Make in India\u2019 campaign, which is also an official supporter of the exhibition. Covering 40 sectors of the machine tools industry, IMTOS witnesses participation of over 20 countries every year. However, this year, it is expecting a wider participation including from China, France, Germany &amp; the US considering the recent foreign visits conducted by Prime Minister Modi who has invited greater investment for India\u2019s manufacturing sector.<br \/>\nTechnology has been a strong growth impetus for many developed nations in their economic evolution. A similar push was received by India, when the players of Indian manufacturing sector and machine tool industry expanded their horizon by diverging from automobile and auto components to areas like aerospace, defense, space, power, railway and heavy engineering. Resultantly, there has been a considerable rise in exports and imports of components of machine tools. With India ranking 17<sup>th<\/sup> in production and 12<sup>th<\/sup> in the consumption, the imports of the machine tools have reached RS 76 billion, owning to which the size of the industry is expected to be Rs 2230 billion by 2020, stated the India Brand Equity Foundation.<br \/>\nSeveral international and local industrial giants will rub their shoulders against each other in the four-day mega event. Exhibitors profile includes Machine Tools, Heavy Machinery, CNC Machines &amp; SPMs, Sheet Metal Working Machineries of all categories, Small Light Workshop Machineries, Hydraulic Press, Press Brake, Shearing Machines, Cutting Tools, Hand Tools, Power Tools, Industrial Pumps and Valves, Hydraulic and Pneumatic Equipments, Air Compressors, Electrical Equipments, Electronics &amp; Industrial Automation, Instrumentation, Industrial Robotics, Wires And Cables, Testing and Measuring Instruments, Energy Conservation Products, Gears, Motors &amp; Motor Drives, Newly Launched and Specialized Industrial Products, Wood Working Machineries, Welding and Welding Consumables &amp; many more.<br \/>\nThe machine tool Industry in India is now in a position to export general purpose and standard machine tools to even industrially advanced countries. With Index of Industrial Production touching new highs and emphasis on capital investment by the government, the Machine Tool Industry is all set to witness unprecedented growth.<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IMTOS is a niche platform showcasing path breaking ideas and innovation in machine tools; and is supported by Prime Minister\u2019s \u2018Make in India\u2019 initiative Widely respected by the players of the sector, the biannual show witnesses participation from over 1000 companies every year Starting July 4, the Expo will witness large scale participation from international<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/mtuupdate.in\/mtu\/2015\/07\/04\/imtos-2015-to-spotlight-indias-emerging-prowess-in-industrial-manufacturing\/\" title=\"Read More\">Read More<\/a><\/div>\n","protected":false},"author":2,"featured_media":6018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44,57,1],"tags":[923,1117],"class_list":{"0":"post-6016","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-events","8":"category-today-in-mfg","9":"category-uncategorized","10":"tag-imtos","11":"tag-machine-tool"},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts\/6016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/comments?post=6016"}],"version-history":[{"count":0,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts\/6016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/media?parent=6016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/categories?post=6016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/tags?post=6016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}