Bengaluru, 24 January 2020:

IMTEX FORMING 2020 & Tooltech 2020, organised by Indian Machine Tool Manufacturers’ Association (IMTMA), has been inaugurated today at Bangalore International Exhibition Centre (BIEC), Bengaluru.

Spanning over 33,000 square meters with 602 exhibitors from 26 countries, the exhibition brings stakeholders from the entire global manufacturing fraternity on a common platform for knowledge sharing and business transactions.

Technologies in metal forming such as high-speed laser cutting machines, sheet metalworking, welding and joining, presses, metrology, and CAD / CAM are being exhibited live by machine tool manufacturers to help user industries make informed decisions. The focus is on additive manufacturing and Industry 4.0. 

In his welcome address Jamshyd N Godrej, Chairman Exhibitions- IMTMA, said, “This is our largest IMTEX FORMING event ever, despite a challenging economic scenario in the country. The current reduction in sales of automobiles, I believe is a global phenomenon and we need to understand that.”

Indradev Babu, President, IMTMA said, “We are at the cusp of a new decade and seeing undercurrent of positive vibes with some initiatives from the Government of India for strengthening manufacturing sector. Few like the allocation of Rs 102 lakh crore for developing infrastructure, reduction in base corporate tax for companies and related policies to enhance ease of doing business can spur growth."

Ram Venkataramani, Immediate Past President, ACMA, stated, “It is heartening to see the developments in the machine tool industry and as users, we are happy with it. Automobile and auto component sectors continue to be the primary drivers of the machine tool industry.”

Kamal Bali, President and MD, Volvo Group, believed, “Metal forming will have a major role in battery enclosures and development with the entry of EVs in a big way, IMTEX FORMING exhibitions will act as a catalyst.”

The IMTMA publications, ‘Comprehensive Report on Indian Metal Forming Machinery’ highlighting the current demand trends in metal forming, and the Exhibition Catalogue were released during the inauguration. The IMTMA- Premier Outstanding Entrepreneur Award in memory of Vinod Doshi was conferred to C.S. Shiva Shankaraiah, MD, Trishul Machine Tools.

Overall, 40,000 business visitors are expected to participate in this exhibition.

The exhibition also features parallel events such as i2 Academia Pavilion, International Buyer-Seller Meet, Eco Design Awards, and Manufacturing Quiz Contest.