IMTMA supports Indian machine tools for MSME tool rooms

  • Industry News
  • Jul 08,20
Recently, for tenders - floated by MSME Ministry for acquiring CNC machines, measuring instruments and accessories - none of the Indian machines were selected. Now, IMTMA has requested the government to reconsider offers submitted by Indian manufacturers.
IMTMA supports Indian machine tools for MSME tool rooms

Bengaluru

Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) with a view to modernise tools rooms and training centers had floated a tender with the assistance of the World Bank to acquire CNC machines, measuring instruments and accessories. 

Indian machine tool manufacturers had bid for this tender. However, none of the Indian machines offered were selected due to some minor deviations from the tender specifications, while international vendors were selected.

In this context, Indian Machine Tool Manufacturers' Association (IMTMA) is working closely with the Ministry of MSME and other government departments requesting a reconsideration of the offers submitted by Indian manufacturers, who are members of IMTMA. “We are hoping that our request will be considered,” said IMTMA in a press release. 

IMTMA, formed in 1946, has more than 450 members representing around 90 per cent of the organised machine tool and allied equipment manufacturers. Today, 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.

Related Stories

Machine Tools & Accessories
Boehlerit: Know-how in cutting of tubes

Boehlerit: Know-how in cutting of tubes

In order to cover the different machining steps, Boehlerit has, over the decades, as the industry’s leading tool supplier, created the market’s most comprehensive product range, now also includi..

Read more
Other Industrial Products
India: Leading global manufacturing

India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from..

Read more
Machine Tools & Accessories
Exports account for more than 50% of Sphoorti Machine Tools' turnover

Exports account for more than 50% of Sphoorti Machine Tools' turnover

In this interview with Rakesh Rao, R K Purohit, Managing Director, Sphoorti Machine Tools Pvt Ltd, elaborates on advantages offered by India to manufacturers and the company's growth plans.

Read more

Related Products

Automatic Back Spot Facing Tool

MACHINE TOOLS, POWER & HAND TOOLS

Shenoy Engg Pvt Ltd offers automatic back spot facing tool.


Read more

Request a Quote

Plas in-line Rotary Pipe Cutters

MACHINE TOOLS, POWER & HAND TOOLS

Arizona Tools Company offers a wide range of in-line rotary pipe cutters for plastic pipe.

Read more

Request a Quote

True Peel® PE Prep Tools

MACHINE TOOLS, POWER & HAND TOOLS

Arizona Tools Company offers a wide range of True Peel® PE prep tools.


Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back