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.
|
Newsletter - Issue 10, March 2026
|
|
|
|
|
|
Sagar Defence Engineering Unveils First Autonomous Maritime Shipbuilding Hub
|
Sagar Defence Engineering marked a historic milestone with the stone-breaking ceremony of the world’s first Autonomous Maritime Shipbuilding and Systems Centre, at Juvvaladinne Fishing Harbour, Andhra Pradesh. The project represented a major step forward in strengthening India’s indigenous defence manufacturing and advancing the nation’s maritime technological capabilities. It is slated to be a hub for manufacturing next-gen autonomous maritime systems.
|
|
|
|
|
|
|
TMTS 2026 Kicks Off in Taichung with AI, Green Focus
|
Taiwan International Machine Tool Show (TMTS 2026), organized by Taiwan Machine Tool & Accessory Builders’ Association (TMBA), held its opening at the Taichung International Convention Center, recently. Featuring over 400 exhibitors and 1,800 booths across 28,483 sq mt, the event is expected to attract over 70,000 visitors. Patrick Chen, Chairman, TMBA, stated that Taichung is the world’s most competitive machine tool cluster with a comprehensive supply chain.
|
|
|
|
|
|
|
|
Belrise Industries Acquires UK-Based Chester Hall Precision Engineering
|
Belrise Industries Ltd, one of India’s leading integrated automotive component manufacturers with a diverse portfolio of safety-critical systems and engineering solutions, announced that its wholly owned subsidiary, Belrise UK Holdings Ltd, has signed a definitive Share Purchase Agreement to acquire 100 percent of the issued share capital of Chester Hall Precision Engineering Holdings Ltd —a UK-based precision engineering group serving the global aerospace, space, and defence sectors.
|
|
|
|
|
|
|
Shaping Industry with People, Technology, and Sustainability
|
As 2026 has just started, transformation across industry is accelerating. Sustainability, digitalization, and talent development sit firmly at the top of the manufacturing agenda, reshaping how companies operate and compete. Against this backdrop, Helen Blomqvist, President, Sandvik Coromant, reflects on more than 80 years of market leadership in cutting tools, and the forces shaping the years ahead. The company is firmly focused on the future.
|
|
|
|
|
|
ACE, Kato Works Form ‘ACE KATO’ JV for Crane Production
|
Action Construction Equipment Ltd has entered into a strategic joint venture with Kato Works Co, Ltd, Japan, a globally recognized material handling & construction equipment company. The joint venture ‘ACE KATO Pvt Ltd’ will bring together the global technology, design, and engineering expertise of Kato Works Co, Ltd with Action Construction Equipment Ltd’s strong manufacturing base, extensive market reach, and operational capabilities in India.
|
|
|
|
|
|
|
Siemens launches Teamcenter Digital Reality Viewer in India
|
Siemens has launched Teamcenter Digital Reality Viewer and the Digital Twin Composer as key building blocks of its Industrial AI Operating System. The solutions combine Siemens’ industrial software and automation expertise with NVIDIA libraries and accelerated AI infrastructure to enable immersive, photorealistic, and physics-based digital twins across the product and production lifecycle. The Digital Twin Composer integrates comprehensive digital twin data, simulation, and real-time operational signals.
|
|
|
|
|