IMTMA Supports Indian Machine Tools for MSME Tool Rooms
Chennai, July 8, 2020 – Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) with a view to m odernize Tools Rooms and Training Centers had floated a tender with the assistance of the World Bank to acq uire 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 ten der specifications, while international vendors were selected.
In this context, IMTMA is working closely with the Ministry of MSME and other government departments re questing a reconsideration of the offers submitted by Indian manufacturers, who are members of IMTMA. We are hoping that our request will be considered.
About IMTMA
IMTMA was formed in 1946 the year before India got its independence when around 20 machine tool manufacturers joined hands to form an As sociation. Over a period of over seven decades it has grown in size to ha ve more than 450 members representing around 90% of the organized machine tool and allied equipment manufacturers as on date.
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 develop me nt of the metalworking industry. A not-for-profit association, IMTMA’s initiatives range from government advocacy to industry and export pro motion, trade fairs and events, training and seminars, technology missions, publication of various industry and technical writings, structuring of regional councils, and development of clusters.