Modern Machine Tools - January 2012

Page 99

Exhibitors Views

Vijeya Kumar Reddy – Managing Director – Goodwill Imex Seyi Future Forecast for the Machine-Tool Industry China and India are poised to be the leading competitors in the industry. However, the knowledge base and technical awareness that India possesses is much higher than China and we certainly have an edge over them in these aspects. The machine tool industry itself is going through a positive revolution. Even at other expositions across the globe, Asia has an important role to play.

Leveraging the Event IMTEX, over the years is transforming into an excellent professional platform. The exhibition is managed very professionally, and is also at par with other global exhibitions like for instance— TIMTOS. It possesses an excellent exhibitor profile making it a very profitable venture for visitors as well as the exhibitors. The IMTEX team has also taken an initiative to invite CEOs of various companies to visit the event. This gives an added advantage to exhibitors to reach out to the key decision-makers.

Predictions for Industry in India

the

Metal-forming

Metal-cutting is a larger industry than metalforming. But the latter is picking up pace. Over the next five years, we foresee a huge growth in this industry. Over the next decade, the metalforming industry will reshape itself according to the ever growing segments—automobile, mobile, home appliances, critical medical equipments, etc.

IMTEX 2012- Improvisations Expected IMTMA along with the government and industry support should help subsidise companies to leverage growth in the industry. With more investment and better technology, we can outrun China and other countries.

Hall: 2A – Stall: A112

January 2012 - MODERN MACHINE TOOLS

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