The event will bring MSMEs and large private and public sector units on one platform
Bangalore, the knowledge capital of India, is all set to play host to the manufacturing sector’s mega expo, India Manufacturing Show 2010 (IMS 2010), billed as the single largest collaborative platform for Indian and international manufacturing units.
To be held from October 9 to 12, IMS 2010 will feature participation by engineering and other ancillaries from the micro, small and medium enterprise sector, and large private and public sector units.
To be held at the Bangalore International Exhibition Centre (BIEC) – India’s second largest exhibition complex – the event will be jointly organised by Laghu Udyog Bharati-Karnataka (LUB-K) and K & D Communication Limited with the support of the Karnataka government and the Union MSME ministry, and is approved by India Trade Promotion Organisation (ITPO).
The manufacturing and engineering summit will provide a platform for participants to showcase their capabilities, explore avenues of potential business growth and expansion and share information on best practices among their peers, business associates and competitors from the international arena. It will facilitate interaction between small and big companies under one roof.
Commenting on the event, Murugesh R Nirani, Karnataka’s minister for large and medium industries, said, “The MSME sector in the country needs the active support of governments and other industry bodies, so that they can contribute significantly to nation building. India is becoming a global industrial manufacturing hub and has recently been ranked among the top 10 industrial manufacturing countries in the world.”
According to a recent Confederation of Indian Industry-Boston Consultancy Group report, Indian manufacturing industry grew at 6.8 per cent a year between 1999 and 2009, making India one of the best performing manufacturing economies in the world. Manufacturing contributes 15 per cent of India’s GDP.
The study says India will grow at 11 per cent a year over the next 15 years, making it the fourth largest manufacturing economy in the world by 2025 and generating 50-90 million additional jobs by 2025.
IMS 2010 will feature technical and management seminars, vendor development programmes and buyer-seller meets.
The participating industries include aerospace engineering, automation and robotics, automotive industries, CAD, CAM and software engineering, construction, earthmoving equipment and machines, power engineering and wires and cables, apart from a host of other specialty industries such as forming technologies, industrial safety equipment and foundry and casting engineering, said Raghu, the event coordinator from LUB-K.
More than 150 SMEs and 200 large companies have confirmed their participation. They include Tata Motors, Toyota, Volvo, TVS, L&T Komatsu, Promac Engineering Industries, Yuken India Ltd, Cades, Axis, Bhushan Steel, Jindal Steel and public sector enterprises such as Bharat Earth Movers Ltd, Bharat Electronics Ltd, Hindustan Aeronautics Ltd, NAL, Bharat Heavy Electricals Ltd, Indian Railways and Keonics.
Several state governments will have big pavilions. They include Karnataka, Madhya Pradesh, Chhattisgarh, Jharkhand, Andhra Pradesh, Kerala, Tamil Nadu and Maharashtra and Gujarat, among others.
The Indo Italian Chamber of Commerce will have a pavilion, and overseas participants include Haas of the US (a machine tool company), the Danish government, VDMA (a German industry body) and Danobat of the US, among others.
The organisers have invited Laxmi Nivas Mittal, chairman of ArcelorMittal, the world’s largest steel maker, to participate in the inaugural event along with Vilasrao Deshmukh, Union minister for heavy industries.