IMTMA and Ace Micromatic Group Extend Partnership to Boost Manufacturing Productivity!

The Indian Machine Tool Manufacturers’ Association (IMTMA) and Ace Micromatic Group, a leading name in the machine tool industry, have announced a five-year extension of their strategic partnership to enhance manufacturing productivity in India. This collaboration includes Ace Micromatic Group’s continued sponsorship of the National Productivity Summit (NPS), beginning in 2025.

Since 2015, IMTMA and Ace Micromatic Group have jointly hosted the National Productivity Summit, an event dedicated to promoting manufacturing excellence and recognizing innovations that boost productivity and competitiveness. This partnership extension further cements their shared commitment to advancing the capabilities of India’s manufacturing sector.

The signing ceremony, held on January 6, 2025, at the Ace Micromatic Group headquarters, was attended by key industry leaders, including Jibak Dasgupta, Director General & CEO of IMTMA, and T.K. Ramesh, Managing Director of ACE Designers Limited. Both organizations reaffirmed their dedication to fostering productivity and innovation within the manufacturing community.

Rajendra S. Rajamane, President of IMTMA, remarked:
“This MoU marks a new chapter in the partnership between IMTMA and Ace Micromatic Group, bringing greater value to the National Productivity Summit in the years to come.”

Echoing these sentiments, Jibak Dasgupta, DG & CEO of IMTMA, added:
“We are delighted to continue this collaboration with Ace Micromatic Group. This partnership will elevate productivity excellence, creating significant benefits for the entire manufacturing ecosystem.”

The IMTMA-Ace Micromatic Awards, a highlight of the NPS, will continue to celebrate organizations that demonstrate exceptional leadership in manufacturing productivity. These awards not only recognize achievements but also inspire the industry to adopt innovative practices.

This five-year partnership renewal reinforces the shared vision of IMTMA and Ace Micromatic Group to empower Indian manufacturers with tools, insights, and strategies to thrive in a rapidly evolving global landscape. By fostering productivity and collaboration, this alliance aims to drive sustainable growth and innovation in India’s manufacturing sector.