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Home arrow Power and Energy arrow IMTMA holds Regional Productivity Summits in Chennai, Pune and New Delhi
IMTMA holds Regional Productivity Summits in Chennai, Pune and New Delhi Print E-mail
Written by James   
Thursday, 13 October 2011
Chennai: The Indian Machine Tool Manufacturers' Association organized the first of the three Regional Productivity Summits in Chennai on 10 October 2011. The next summit will be organized in Pune on 15 October 2011 and on 21 October 2011 in New Delhi, before the National Summit to be held in Bangalore on 12-13 December 2011.

The highlight of the summit was the "IMTMA - SIEMENS Productivity Championship Awards 2011", to acknowledge and recognize creativity and innovativeness of Indian manufacturers in their stride towards attaining highest levels of productivity.

Eight top productivity improvements in three regions (South/West/North) will compete for the coveted award through live case study presentations. Two winners from each region and nine next best case studies will qualify for the National Productivity Summit scheduled in Bangalore on 12-13 December 2011.

The eight shortlisted companies making live case study presentations in Chennai are - Ashok Leyland Ltd – "Production capacity enhancement in PTED line (cab paint Pre Treatment & Electro Deposition line), Bosch Automotive Electronics India Pvt Ltd- "Capacity improvement in chip/components mounting line, Hema Engineering Industries Ltd – Improved Overall Line Efficiency (OLE) of powder coating unit, L&T Kometsu Ltd – "Innovative upgradation of pegard CNC boring machine and Productivity improvement in PC200 boom full welding on Robot, Sundram Fasteners Ltd – "Roll Forming in Spigot type weld screws, Titan Industries Ltd – Innovative diamond setting process" and Wheels India Ltd – "Scrap elimination in broaching machine (zero scrap) wire wheel unit". An Award winning presentation of earlier summit on "Manufacturing capacity augmentation of crankcase line" by TVS Motor Company will also be presented.

The award winners will be selected by an independent jury panel of eminent persons constituted for the purpose. The Chennai Jury panel includes – Mr C Narasimhan, Adviser, Auto Components Business in Sundaram - Clayton Limited (SCL), Mr. Chimakurthy Anandam, Adviser (Business Excellence) with CII Institute of Quality, Mr. Narayan Rao – Managing Director, Bourton Consulting (India) Pvt Ltd.

India is targeting a high GDP growth in the coming years, with manufacturing as a major supporting industry. Manufacturing growth fuelled a huge demand for machine tools – India has graduated to the 7th place in global machine tool consumption rankings.

Consumption of machine tools in India had increased from a level of Rs 1000 crores to Rs 10,236 crores in last 10 years. The rapid increase in demand for machine tools from 2002-03 onwards has been propelled primarily by demand from the Indian auto industry, a sector which accounted for almost 50% of the consumption of machine tools.

Considering the current economic situation and past growth in consumption of machine tools, machine tool demand is expected to grow at least by 15% CAGR. Accordingly, the demand for machine tools by 2016-17 is expected to be around Rs. 23,700 Cr.

Indian machine tool industry has an estimated 750-800 companies in all, producing machine tools, parts, accessories and sub-systems. Of these, around 400 produce complete machine tools of all types and sizes.

Geographically, important machine tool producing locations/clusters include Bangalore and Coimbatore in South India, Pune, Rajkot, and Bhavnagar in Western India and Ghaziabad, Jullundhar, Batala and Ludhiana in North India.

Last Updated ( Friday, 14 October 2011 )
 
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