‘Manufacturing sector to generate more jobs’

BANGALORE: The curtain raiser meeting of the Indian Machine Tool Manufacturers Association’s (IMTMA) International Forming Technology Exhibition 2012 (IMTEX Forming 2012) scheduled to be held

Published: 04th January 2012 02:14 AM  |   Last Updated: 16th May 2012 06:08 PM   |  A+A-

BANGALORE: The curtain raiser meeting of the Indian Machine Tool Manufacturers Association’s (IMTMA) International Forming Technology Exhibition 2012 (IMTEX Forming 2012) scheduled to be held from January 19 to 23, was held in the city on Tuesday.  The second edition of the event claims to be a platform for showcasing forming manufacturing technologies.

The event, scheduled to be held at the Bangalore International Exhibition Centre, also claims to showcase contemporary innovations in advanced machinery. The organisers stated that they were expecting participation from over 24 countries, including one each from China and Taiwan. “The fair is expected to generate business enquiries worth Rs 3,000 crore,” organisers said.

“In 2012-2013, with the commencement of the 12th Five-year Plan, Indian manufacturing sector expects to witness a phenomenal transformation and generate millions of job opportunities leading to the increment of share percentages in the sector, which is estimated to increase from current 16 to 25 per cent by the year 2025,” Vikram Sirur, president, IMTMA, said.

He stated that the fair aims to be a ‘specialised-trade fair that would attract buyers and manufacturing professionals’.

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