Released on = January 29, 2007, 1:47 am

Press Release Author = IMTMA

Industry = Industrial

Press Release Summary = IMTEX 2007, the largest exhibition of machine tools and
manufacturing solutions in South & South East Asia which concluded

Press Release Body =


Bangalore, January 24, 2007: IMTEX 2007, the largest exhibition of machine tools and
manufacturing solutions in South & South East Asia which concluded here today,
generated confirmed business worth around Rs 600 crore and enquiries for around Rs
5,000 crore. The 7 day event, which showcased the technological capabilities and new
developments in the machine tool industry from 25 countries, drew over 1,30,000
business visitors from all across India and other parts of the world.
Organised by Indian Machine Tool Manufacturers' Association (IMTMA), IMTEX 2007 and
its concurrent fair, Tooltech 2007, marked many beginnings which included scheduling
the event for the first time in South India (Bangalore) and at the Association's own
exhibition facility (Bangalore International Exhibition Centre (BIEC) on Tumkur
Road). IMTEX henceforth would permanently stay put at Bangalore - the hub of the
machine tool industry.
A b2c event featuring recent global trends in machine tools and manufacturing
solutions, IMTEX 2007 and Tooltech 2007 was the perfect platform to reactivate the
industry enthusiasm and reinforce the feel good factor being witnessed within the
industry. The exhibition showcased emergence of new technologies such as dry
machining, high speed machining, versatile and multi-functional machines, compact
machines and machines with smaller footprints, as well as a complete array of
manufacturing solutions - in tune with the emerging needs of the Indian
manufacturing industry.
The exhibition also witnessed an amalgam of delegations: high-level international
delegations from Syria, Czech Republic, Korea and Switzerland and domestic CEO-level
delegations from the Society of Indian Automobile Manufacturers, Automotive
Component Manufacturers' Association, Defence, Indian Railways and Textile
Machineries Manufacturers' Association.
Concurrent to the fair, IMTMA scheduled several seminars including a brainstorming
session on the importance of R&D in the machine tool sector and the International
Machine Tool Forum. The FIE Foundation awards and the CMTI-PMT Trust awards
recognized the best creative designers of machine tools and equipment.
Commenting on the success of IMTEX 2007, Mr. C. P. Rangachar, President, IMTMA,
said, "has been a path-breaker in showcasing the design and innovative skills of the
Indian machine tool industry alongside those from elsewhere. The exhibition has
clearly displayed technologies and human capabilities in enabling excellence in
Indian manufacturing. The presence of a colossal business visitors has made IMTEX a
truly-business-oriented exhibition - and now in Bangalore."

Held every three years, IMTEX 2007 is amongst the five largest international shows,
globally. In its 38th year, IMTEX has grown over the years into a sought after
global event for the entire industry. Tooltech 2007 has a comprehensive display of
metalworking machine tools, cutting tools, tooling systems, machine tool
accessories, metrology and CAD/CAM.
Founded 60 years ago, IMTMA is the apex body of machine tool industry in the country
with a membership of around 400 companies from both, the public and private sectors.
The Association has over the years transformed itself to look beyond, to focus on
issues of productivity, quality, technology, new product development, design,
customer satisfaction, etc. for enhancing competitiveness of the industry in both
domestic and overseas markets. IMTMA plays a key role in the growth and development
of this industry and it is the reference point for the industry.

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Web Site = http://www.imtex.in

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