Indomach industrial exhibition underway

Hyderabad: South India's biggest B2B (Business to Business) Industrial Machinery and Engineering Exhibition kicked off at Hitex on Friday. More than 150 exhibitors are participating from across India in this expo, which is focusing on industrial automation, smart, efficient, intelligent machinery, industrial robots, industrial software, AI in industries and women participation.

The three-day expo will conclude on Sunday. It is regarded as one of the biggest expos on industrial machinery and engineering products as features about 500 plus machines demonstrated live and over 400 brands on display. Dr E Muthuraman, Chairman of the MSME Promotion Council, and Ramadevi, Director of the Emerging Technologies Wing, Government of Telangana inaugurated the event.

On the occasion, Dr Muthuraman said, “MSMEs are complementary to large industries as ancillary units and contribute significantly to the inclusive industrial growth of the country. The MSMEs are widening their domain across sectors of the economy, producing a diverse range of products and services to meet the demands of domestic as well as global markets.”

He said MSME Promotion Council is a non-profit organization working for the empowerment of MSME sector. The council recognises that the MSME sector contributes significantly to the economic and social development of the country by fostering entrepreneurship and generating the largest employment opportunities at comparatively lower capital costs, next only to agriculture.

Smart manufacturing is the way forward to the future, said Ramadevi. “Engineering & machine tools industries are the backbone of the nation. But, they are also facing challenges. Advancements in hardware and software are changing the machine tool industry. This industry is expected to see advancements in the Inclusion of smart features and networks,” she said.

Telangana government is offering incentives and bringing in policies which enable ease of doing business. It also provides incentives.