At the 75th Annual General Meeting (AGM) of the Indian Machine Tool Manufacturers’ Association (IMTMA), held on September 20, 2021, on the digital platform, Ravi Raghavan, Managing Director, Bharat Fritz Werner Ltd was elected as the President of IMTMA for 2021 - 2022, succeeding Indradev Babu, Managing Director, UCAM Pvt. Ltd., while Rajendra S Rajamane, Managing Director, Rajamane Industries Pvt Ltd.was elected as Vice President.  The new Executive Committee for 2021 - 2022 was also formed. 

IMTMA was founded 75 years ago on September 20, 1946, when 19 machine tool manufacturers joined hands to form an Association. Over the years the Association has grown to have over 460 members. A logo commemorating IMTMA’s 75 years was unveiled and a corporate video tracing the history of IMTMA was played at the AGM. 

Expressing his thoughts on IMTMA completing 75 years, Indradev Babu, Outgoing President, IMTMA said, “As we celebrate this milestone, it is time to remember our industry luminaries who were the guiding light for IMTMA in its formative years and played a pivotal role in establishing IMTEX and Bangalore International Exhibition Centre (BIEC). The vision set by them will be instrumental in moving IMTMA to its next phase of growth.”

Concurring with Babu’s views, Raghavan, said, “IMTMA will continue to tackle the numerous challenges faced by the machine tool industry in regard to supply of raw materials, working capital, tariff protection, import regulations, government purchases of machine tools, and so on.”