9th Machine Tool Industry Summit

Indian Machine Tool Manufacturers’ Association (IMTMA) organized the 9^th edition of its flagship Machine Tool Industry Summit (MTIS 2024) at Holiday Inn Resort in Goa from 30 May to 1 June 2024. The theme for this summit was “Strategies for Exponential Growth and Transformative Advancement in Machine Tool Industry to Aspire for ‘Viksit Bharat’

Held once in two years, the Machine Tool Industry Summit provides a platform to the entire machine tool industry including the machine tool builders, sub-system suppliers, accessories and allied equipment manufacturers, vendors, R&D institutions, industry experts, and individuals to network, collate ideas, and set forth a process of organized thinking, analysis, and deliberations.

About 300 delegates from a wide spectrum of the machine tool industry participated in the summit. The 3-day summit featured thought provoking presentations and panel discussion from the Indian manufacturing and machine tool industry, which provided a platform for introspections, brainstorming and networking.

The inaugural session witnessed addresses by ‘Chief Guest’ Dr. Naushad Forbes, Co-Chairman, Forbes Marshall, Co-Chairman, Forbes Marshall Private Limited and Past President, Confederation of Indian Industry and ‘Guest of Honour’ Ms. Swati Salgaocar, Chairperson - Western Region, Confederation of Indian Industry and President, V.M. Salgaocar & Brother Private Limited.

This summit witnessed deliberations on various topics such as High-potential ‘sunrise’ manufacturing sectors, Transformation in process engineering, Operational excellence, and Impact of sustainability and ESG on future manufacturing growth and competitiveness, amongst others.