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Chennai Machine Tool Expo 2019 Brings Technologies to the Doorsteps of Tamil Nadu

Posted On: 2019-09-28 12:28:54

The first edition of Chennai Machine Tool Expo was inaugurated today at the Chennai Trade Centre. The expo will be held from 26th to 29th September 2019 and will provide a platform for the growth of regional machine tool industries based in Tamil Nadu and South India.

The four-day show, featuring around 55 exhibitors from India, Japan, Korea, Singapore, and the USA, is showcasing the latest technologies in metal cutting and metal forming. The machines and accessories on display are expected to serve the needs of key user industries such as aerospace, defense, railways, automotive, medical engineering, construction, information technology, and electronics.

Speaking about the auto sector disruptions, the Chief Guest for the expo, Mr. Srivats Ram, Managing Director, Wheels India Limited, Past President of ACMA and Governing Board Member of Advanced Manufacturing Technology Development Centre said, "The worst is over for the automotive industry and machine tool builders need to focus on building technology capabilities. Overall manufacturing scenario is volatile and industrial units need to be cautious while investing in new areas and embarking on expansions. Although capacity addition may be less, the situation will improve. He further added, "I am delighted that IMTMA has launched a show in Chennai. There is a large pool of SMEs in Chennai which provides the potential for growth and exhibitions like this are key enablers."

Stating his views on CMTX 2019, Mr. Indradev Babu, President, IMTMA said, "IMTMA has always played an enabler role in the development of machine tool industry and Chennai Machine Tool Expo is one such initiative to bring technology to the doorsteps of the industrial units located in Tamil Nadu and South India." He added, "We have received an encouraging response to the show given the tough market situations. I can see immense potential for the show to grow in the future."

Earlier in his welcome address, Mr. V. Anbu, Director General & CEO, IMTMA said, "Chennai Machine Tool Expo will bring immense value to SMEs based in Chennai. We have 55 companies participating from 5 countries."

Following the ribbon-cutting ceremony, the expo was thrown open to visitors.


Source: Equity Bulls

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