IMTEX 2007 concludes, Business worth Rs 600 crore booked

Bangalore, Jan 24 (UNI) South and South East Asia's highest Machine Tool show, IMTEX 2007 concluded here today generating confirmed business worth around Rs 600 crore and enquires for around Rs 5,000 crore.

The week-long event, which showcased the technological capabilities and new developments in the machine tool industry from 25 countries, drew over 1,30,000 business visitors from all across India and other parts of the world.

Organised by Indian Machine Tool Manufacturers' Association (IMTMA), IMTEX 2007 and its concurrent fair, Tooltech 2007, marked many beginnings which included scheduling the event for the first time in South India and at the Association's own exhibition facility, the Bangalore International Exhibition Centre (BIEC).

IMTEX henceforth would permanently stay put at Bangalore-the hub of the machine tool industry.

A business to consumer event featuring recent global trends in machine tools and manufacturing solutions, IMTEX 2007 and Tooltech 2007 showcased emergence of new technologies such as dry machining, high speed machining, versatile and multi-functional machines, compact machines and machines with smaller footprints, as well as a complete array of manufacturing solutions in tune with the emerging needs of the Indian manufacturing industry.

The exhibition also witnessed delegations from Syria, Czech Republic, Korea and Switzerland and domestic CEO-level delegations from the Society of Indian Automobile Manufacturers, Automotive Component Manufacturers' Association, Defence, Indian Railways and Textile Machineries Manufacturers' Association.

Commenting on the success of IMTEX 2007, Mr C P Rangachar, President, IMTMA, said that ''the event has been a path-breaker in showcasing the design and innovative skills of the Indian machine tool industry alongside those from elsewhere. The exhibition has clearly displayed technologies and human capabilities in enabling excellence in Indian manufacturing. The presence of a colossal business visitors has made IMTEX a truly-business-oriented exhibition''.

UNI