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AMTEX showcasing technological innovation & opportunities
09
Jul '18
Courtesy: AMTEX
Courtesy: AMTEX
AMTEX 2018, the biennial machine tools and engineering exhibition in India, is showcasing the latest innovations and dedicated solutions that will address the growing needs of the machine tools industry from the Netherlands, Italy, South Korea, China, Germany, and Taiwan. The on-going exhibition is displaying machinery and products from over 450 companies.

Focusing on automotive, power, electrical equipment, textile machinery and consumer goods industry, the exhibition introduced shows dedicated to quality, metrology, tooling, automation and robotics.

"AMTEX is a great platform to bring together industrialists and knowledge leaders from the machine tools and engineering sector. India is focusing on innovation and Indian products through initiatives like Make in India coupled with growth in manufacturing that are eventually boosting newer and unique Indian ventures. The reduction in corporate tax to 25 per cent for turnover up to Rs 250 crore, would also benefit some of the major machine tool manufacturers in the country and contribute towards its growth.," Panneer Selvam, principal director, MSME- Technology Development Center said at the exhibition.

"We are delighted to present the 11th edition of AMTEX which has grown into a premium destination for industry leaders from the machine tools and engineering sector. It will be the perfect platform for the manufacturing fraternity at large, who can be sure to find the right solution to their business needs. India is poised to grow from currently being 12th in production and 8th in consumption (Gardner Survey 2017) and for this the industry need to develop capabilities to cater to this demand and investments for long term benefits in the economy. The exhibition will be high on innovative technology as we are expecting over 450 exhibitors including 150 international companies and 120+ first time participants," said Cyril Pereira, managing director, Reed Triune Exhibitions Pvt. Ltd, fair organiser. (RR)

Fibre2Fashion News Desk – India


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