Industrial Automation Magazine India

Indradev Babu elected IMTMA President

Published on : Tuesday 30-11--0001

Bengaluru, 12 September 2019: The Indian Machine Tool Manufacturers’ Association (IMTMA) held its 73rd Annual General Meeting (AGM) at the Bangalore International Exhibition Centre (BIEC). Mr Indradev Babu, Managing Director, UCAM Private Limited was elected as the new President of IMTMA.

Mr Indradev Babu will succeed Mr P Ramadas, Managing Director, Ace Manufacturing Systems Limited as IMTMA’s President.

Mr Ravi Raghavan, Managing Director, Bharat Fritz Werner Limited was elected as the new Vice President of IMTMA. The new Executive Committee of IMTMA for the year 2019-2020 was also formed.

Earlier, in a special session at the AGM, Mr Kamal Bali, President and Managing Director, Volvo Group India Private Limited, spoke about the current economic downturn as well as the opportunities in store for the auto sector. He said that the slowdown that we see in the auto sector is cyclical and the industry should continue its efforts digitalisation, innovation and providing solutions that are economically and environmentally viable.

Elaborating further he said that industry should move from the earlier definition of VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) towards a new definition of VUCA, i.e., (Vision, Understanding, Clarity, and Agility).

IMTMA is the apex body and single point of contact for the machine tool industry in India. IMTMA plays a crucial role in the growth and development of the metalworking industry in the country. IMTMA’s initiatives range from policy advocacy, export promotion, trade fairs, mega-events, training, seminars, technology missions, publications, etc. IMTMA formed in 1946 has a membership of over 450 members and represents 90% of the organised machine tool and allied equipment manufacturers in the country.