The Indian Machine Tool Manufacturers’ Association (IMTMA) hosted the inaugural ceremonies for the maiden Factory Equipment Expo (FACTEQ) and the third Pune Machine Tool Expo (PMTX), both of which were launched on May 25, 2024.
PMTX & FactEQ 2024 kicks off at Pune International Exhibition and Convention Center
Among the guests of honour were Mr. Amol Nagar, executive director of global supply chain at GE Aerospace in Cincinnati, Ohio, and Mr. Farrokh N. Cooper, chairman and managing director of Cooper Corporation Private Limited. The special guest was Mr. S. S. Survase, Joint Director of Industries, Directorate of Industries, Government of Maharashtra.
The inauguration was also presided over by Mr. Jibak Dasgupta, Director General & CEO of IMTMA, Mr. Rajendra S. Rajamane, President of IMTMA, Ms. Mohini Kelkar, Vice President of IMTMA, and Mr. Rajesh Mandlik, Chairman of the IMTMA Regional Council (West).
The expo being held at the Pune International Exhibition and Convention Center will conclude on 28 May 2024. Around 230 exhibitors from various regions of India are showcasing their technologies and solutions in metal cutting, metal forming, and factory equipment, offering an unparalleled platform for industry players to explore and network.
Speaking earlier during the inauguration, Mr. S. S. Survase stated that Maharashtra now has the highest GDP of any state in India, accounting for almost 15% of the country’s total GDP. The Maharashtra government is promoting the growth of MSMEs, and in order to facilitate both large and small investments—including foreign investments—a special cell is being established.
With a market share of more than 60%, Mr. Amol Nagar stated that GE is a significant participant in the aerospace manufacturing industry. He went on to say that manufacturing sectors may learn from the aviation industry’s best practices, particularly in regards to safety, quality, EHS, etc.
Mr. Farrokh N. Cooper discussed the history of the Cooper Corporation, its close ties to the Indian machine tool sector, and how the business has changed over time from producing components to producing engines and tractors. Mr. Cooper praised IMTMA for its outstanding contributions to the development of India.