Indian Machine Tool Manufacturers’ Association (IMTMA) held its 71 st Annual General Meeting
(AGM) on 6 September 2017 at Bangalore International Exhibition Centre (BIEC), Bengaluru. At
the Executive Committee meeting following the AGM, Mr. P. Ramadas, Managing Director, Ace
Manufacturing Systems Limited was elected as the President of IMTMA and Mr. Indradev Babu,
Managing Director, UCAM Private Limited was elected as the Vice President of the Association
for the year 2017- 2018.
Prior to the AGM, IMTMA held a Special Session. Dr. S. Raghunath, Professor of Corporate Strategy & Policy, Indian Institute of Management Bangalore (IIMB) made a presentation on ‘Preparing for Transformation in Manufacturing Industries - EVs Impact on Machine Tool Industry’ and Mr. Shailesh Sheth, Past President - IMTMA made a presentation on ‘IMTMA Corporate Governance Policies’. Mr. P.G. Jadeja, President - IMTMA and Mr. V. Anbu, Director General & CEO - IMTMA were present on the dais.
Dr. Raghunath presented his view on the impact of electric vehicles on machine tool industry and the need for industry to integrate latest robotics technology in managing issues related to transportation.
Delivering his annual address at the AGM, Mr. P.G. Jadeja briefly spoke about the positive signs emerging in the Indian economy and the Government of India’s impetus to manufacturing. Mr. Jadeja said that the machine tool industry of India registered an impressive growth of 23 per cent during 2016 - 2017.
Mr. Jadeja spoke about major policy initiatives of the Government of India such as Goods and Services Tax, Automotive Mission Plan 2026 and setting-up of Centres of Excellence on advanced manufacturing under the DHI Scheme for Enhancement of Competitiveness in the Capital Goods Industry as well as Tumakuru Machine Tool Park jointly by DHI and the Government of Karnataka. He said that these developments are likely to change the manufacturing landscape in future.
Mr. Jadeja thanked Members, Past Presidents, Executive Committee of IMTMA for providing guidance and support in all major endeavours of the Association during his tenure. He then took up the statutory agenda of the Association which was unanimously approved by a voice vote. The Annual General Meeting of IMTMA concluded with a vote of thanks.
The newly constructed Hall 4 at the Bangalore International Exhibition Centre (BIEC) has been awarded Gold ratings by both Indian Green Building Council (IGBC) under its New Building rating system and US Green Building Council (USGBC) under its Leadership in Energy and Environmental Design (LEED) rating level.
IGBC rating programme covers methodologies to cover diverse climatic zones and changing lifestyles. LEED certification is an official recognition that a project complies with the requirements prescribed within the LEED rating systems as created and maintained by USGBC. It is an internationally accepted benchmark for design, construction and operation of green buildings.
Commenting on receiving the prestigious Gold rating awards for its green efforts, Mr. Jamshyd Godrej, Chairman – Exhibitions, IMTMA noted, “BIEC has achieved several milestones in its 10 year journey of providing a world class exhibition infrastructure for exhibition organizers. Getting the Gold certifications from IGBC as well as USGBC accentuates BIEC’s commitment to promoting a sustainable environment for exhibition organizers as well as visitors.”
Concurring with Mr. Godrej’s view, Mr. V. Anbu, Director General and CEO, Indian Machine Tool Manufacturers’ Association stated, “BIEC had already made its mark in terms of sustainability, water efficiency, energy and atmosphere, materials and resources, indoor environmental quality, innovation in design, and so on. Gold certification is yet another feather in the cap of BIEC as a premier exhibition facility that promotes innovative design and sustainability.”
Completed in January 2017, BIEC’s Hall 4 is India’s largest columnless exhibition hall. It measures 17,500 square metres and brings forth a plethora of benefits for exhibitors and visitors alike. It is newly built, modern and equipped with the latest amenities as seen in any world class exhibition venue. Hall 4 comes with a large span of 75m columnless lattice frame structure and length of 235m. Twelve additional entry and exit gates for cargo movement on all sides of the hall facilitates quicker movement of cargo trucks and reduces the set-up time for exhibition organizers. Hall 4 has six visitor entry and exit gates for easy access.
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