Indian Machine Tool Manufacturers' Association

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GIMT 2015


Policy Announcements

Call for Industrial R&D Project Proposals by DST, GOI

The Department of Science & Technology, GoI has issued three "Call for Industrial R&D Project Proposals". The R&D project proposals will be accepted in DST from Dec.1, 2016 to Jan.15, 2017, in the following areas:

  • Advanced Manufacturing Technologies (AMT) Program
  • Waste Management Technologies (WMT) Program, &
  • DHI-DST Technology Platform for Electric Mobility (TPEM).

For more details click here

Inclusion of Exchange Rate Variation (ERV) clause for supply of Machine Tools to Indian Ordnance Factories.

After persistent efforts of IMTMA with Ministry of Defence, the Government of India has considered industry's request for inclusion of Exchange Rate Variation (ERV) clause for supply of machine tools to Indian Ordnance Factories.

Amendments have been introduced in the relevant portions of the 'Procurement Manual for Plant & Machineries' of Indian Ordnance Factories.

The Ordnance Factory Board and Ministry of Defence, Government of India has announced the "Provision for Exchange Rate Variation for supply of P&M by Indian manufacturers". Click here to download the circular.

Older Announcements

1. Technology Development through Centre of Excellence:  This is a unique and valuable opportunity for machine tool units to develop new technologies under the DHI scheme. As a reference, the “Technology Roadmap for Machine Tools” adopted by the Government may be used. Click here to download MT Technology Roadmap. Units may also propose technology development projects outside the ones mentioned in this document.

Units are requested to submit proposals for R&D projects for assistance under the Scheme providing as much information as  possible about the technology, its importance, applications, present status of development in India, market potential, cost of development, schedule, R&D inputs required from academic institutions etc. IIT Madras has been identified as the nodal agency for the Centre of Excellence in Machine Tools & Production Technology under the scheme.

For approved projects, the scheme provides upto 80 percent of the developmentcost with industry contributing the remaining. R&D Projects of common interest may be made by units jointly, and individual units may also propose projects. Click here to download "app centre excellence td 15042015"

2. Technology Acquisition Fund Programme:  The scheme provides upto 25% of the cost of technology to be acquired. Units may submit proposals in the prescribed Application Form along with information on the technology to be acquired, its importance, applications, present status in India, market potential, source of technology, cost of acquisition, details of what the acquisition will comprise etc. Technologies of common interest to the industry may be proposed jointly as a consortium. Individual units may also propose technology acquisition. Click here to download “Application TAFP 15042015".


You may also mail  for any clarifications.

(Downloaded files can be viewed and retrieved in your Computer's Download Folder)

P.J. Mohanram
Senior Adviser

Indian Machine Tool Manufacturers’ Association; Head Office : 10th Mile, Tumkur Road, Madavara Post, Bengaluru, Karnataka (India) 562123; Regd. Office : Plant No.13, Extension Office, Godrej Campus, Vikroli East, Mumbai – 400079
CIN : U29290MH1973GAP016420; Tel : 91-80- 66246600; Email :; Contact in case of queries & grievances : V Anbu, CEO & Director General
(Please send all communications to Head Office)

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