With India aiming to increase its manufacturing industry’s contribution to the country’s GDP to 25 per cent within a few years from now, machine tool industry is expected to play a prominent role. The current market size of Indian machine tool industry is around $ 2.3 billion (Rs 14,692 crores), of which domestic production accounts for around 50 per cent of total consumption. Government of India’s policy initiatives have paved way for Indian machine tool industry to move further on the growth path and IMTEX 2019 & Tooltech 2019 will be a significant opportunity for the manufacturing industry to make itself at par with global leaders. IMTEX this time is significant as the exhibition which began in 1969 will cross a milestone of 50 years. IPF brought out a Special Focus edition on IMTEX 2019 in Jan 2019 with a host industry leaders expressing their views on various aspects of machine tools and accessories industry. On the occasion of CII-DIPP National Forum 2018, IPF interviewed Dr Pawan Goenka, MD, Mahindra & Mahindra Ltd.
Industrial Products Finder (IPF), a pioneer industrial journal in India, was launched in 1972. It gives industrial manufacturers and exclusive dealers/importers of industrial products a forum to display their ware, in a medium that was to be made regularly available to the users of these products. IPF focuses on all industrial/engineering products and services, consultancies, repair and reconditioning services, industrial security and safety services, and of late, pollution control and environment protection services. Apart from products, there are also other regular features that complement the core activity – a capsule of important events and developments in the industrial sector, news on companies, projects, joint ventures and mergers, etc; a selection of articles written by experts in the field as well as academics; and information on all important trade fairs, conferences, seminars and training programmers.