10th Machine Tool Industry Summit

14 - 16 May 2026: Goa

Indian Machine Tool Manufacturers’ Association (IMTMA) organised the 10th Machine Tool Industry Summit from 14 - 16 May 2026 in Goa. Mr. Deepak Shetty, President - Indian Construction Equipment Manufacturers’ Association & CEO and Managing Director, JCB India, South Asia, Africa (East) was the Chief Guest of the summit.

Mr. Tabrez Ahmed, Managing Director of Toyota Kirloskar Auto Parts Private Limited, inaugurated the summit in the presence of Ms. Mohini Kelkar, President - IMTMA, and Mr. Vikram Salunke, Vice President - IMTMA. Mr. Deepak Shetty joined online for the inauguration.

Held once every two years, the Machine Tool Industry Summit provides a forum for the machine tool fraternity to network, exchange ideas and foster organised thinking, analysis and deliberations.

Around 300 delegates from a wide cross-section of the machine tool industry participated in this summit. The three day summit featured panel discussions and presentations by experts and achievers from the Indian machine tool industry. The summit offered multiple thought-provoking sessions that were well-received by the delegates.

In his address on “Meeting global aspirations of a competitive Indian manufacturing,” Mr. Shetty spoke on how Indian manufacturing can move beyond cost competitiveness to achieve global leadership. He emphasised that India’s path to global leadership would depend not only on cost competitiveness but also on its ability to innovate, adopt advanced technologies, strengthen quality systems, and embrace sustainability.

Mr. Tabrez Ahmed, in his keynote address on “Meeting global aspirations of a competitive Indian manufacturing in the Automotive industry,” shed light on the current scenario and future prospects of the Indian automotive industry, specifically the passenger vehicle segment. The insights into tangible business opportunities within the automotive sector and the strategies to enhance the global competitiveness of Indian machine tools provided a definitive roadmap for our members to achieve their global aspirations.

A special session on “Current Standing Points in Indian Machine Tool Industry”, highlighted the key priorities for the Indian machine tool industry, including developing export competitiveness, building an effective supply chain ecosystem, developing globally competitive products and solutions, and enhancing capabilities to become future-ready. This would help realise the industry’s Vision and Mission 2028 goals.

The summit also featured a plenary session on High Potential ‘sunrise’ for the Indian machine tool industry, sessions on Production Management through Value Addition in Offering, Sensor as Strategic Enablers of Next Gen Manufacturing, Operational Excellence through Reliability, Quality and Cost Reduction, Strategic Risks of Manufacturing Technology Gaps – Ways to Bridge and Scale Up, and a special session on People Management, focusing on making manufacturing enterprises an ideal workplace and upskilling managers.

Additionally, the summit featured a panel discussion on the role of measurement towards enabling precision manufacturing. The summit concluded with a session on IMTMA skilling for the fraternity by Mr. Jibak Dasgupta, Director General & CEO, IMTMA.