The MMI Magazine is an initiative of the Indian Machine Tool
Manufacturers’ Association (IMTMA) and is published in association with
the Modern Machine Shop. IMTMA has played a leading role in the
development of the machine tool industry, which is the backbone for
industrial growth in India. This national cause has been the guiding
force behind IMTMA and its membership.
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Newsletter - Issue 7, March 2026
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The ePlane Company Opens eVTOL Plant
The ePlane Company, India’s pioneer in electric vertical take-off and landing (eVTOL) technology, announced the opening of its state-of-the-art prototyping and testing facility at the Indian Institute of Technology Madras, Discovery Campus in Thaiyur. Spanning 60,000 sq ft, the site is the nation’s first integrated plant dedicated to the serial production of electric aircraft.
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CHIRON Group Hosts OPEN HOUSE 2026
CHIRON Group will host its in-house exhibition at its headquarters in Tuttlingen, Germany, showcasing interplay between machining excellence and intelligent automation. Martin Engels, CSO, CHIRON Group SE, says, “Our OPEN HOUSE 2026 will focus consistently on automation and 5-axis technology. We will demonstrate how high-precision machining and intelligent automation can be combined to create scalable, economical complete systems.”
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INDEX Firms Footprint in India
INDEX Group, with its worldwide technologically leading CNC turning machines under the INDEX and TRAUB brands, opened its new branch with an integrated Technology Center in the Aerospace Park, Bangalore. The company is intensifying its presence in Asia. The new office space houses sales, technology, application, customer service, and administration along with a showroom with demo machines.
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Won Jong Kim Takes Chair at KOMMA
Won Jong Kim, President, DN Solutions, has assumed office as the new Chairman of the Korea Machine Tool Manufacturers’ Association (KOMMA). KOMMA plays a central role in advancing the competitiveness of Korea’s machine tool industry by supporting technological development, promoting exports, and fostering collaboration among member companies. The association also organizes one of Asia’s leading manufacturing technology exhibitions, SIMTOS.
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PETECH and WFL Join Hands for Machining
Precision Engineering Technologies (PETECH) a Group Company of Phillips Machine Tools announced a strategic collaboration with WFL Millturn Technologies GmbH & Co KG, a global technology leader in complete machining solutions. The collaboration is focused on strengthening access to advanced multifunctional machining technologies for Indian manufacturers, enabling higher precision, improved productivity, and reduced manufacturing complexity across critical industries.
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ASM Technologies Backs Myelin Foundry
ASM Technologies, a global engineering design-led manufacturing company, announced a strategic investment and partnership in Myelin Foundry Pvt Ltd to deploy patented, high-performance AI solutions. ASM has signed definitive agreements to invest approximately INR 48 crore to acquire an aggregate 20 percent stake in Myelin Foundry. This will address industry requirements across semiconductors, electronics, solar, and engineering.
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