AIEMA holds the ACMEE 2023 Machine Tools Exhibition on the back of a rebound in domestic production

• The 15th edition of ACMEE 2023 to be held from 15 – 19 June ’23
• Inauguration by Thiru R.N. Ravi, Governor of Tamil Nadu
• Theme for this edition is Smart Manufacturing
• 435 companies from across the world are participating
• It will feature 105 international brands
• For the first time, there will be a Financial Lounge where 7 major financial institutions will be available to transact business
• Will showcase latest in cutting edge technology, technical seminars and product launches 

7th June 2023, Chennai: On 15 – 19 June 2023, ACMEE 2023, India's premier international exhibition of machine tools, will be held at the Trade Centre, Chennai, by the Ambattur Industrial Estate Manufacturers Association (AIEMA). The ACMEE focuses on exhibiting the latest in machine tool technology with a view to helping industry modernize and promoting investment in the country.  The ACMEE 2023 will be inaugurated by Thiru R. N. Ravi, Governor of Tamil Nadu in the presence of Thiru Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles Pvt Ltd and Thiru Satish Sadasivan, Managing Director, Schunk Intec India Pvt. Ltd. 

Press meet youtube video link 👇👇

The objective of ACMEE ‘23 is to provide an opportunity for industry to see the latest in machine tools and manufacturing technology from all over the world. The theme for ACMEE 2023 is Smart Manufacturing, the third edition in a row that it is having the same theme. 

Economic outlook: There has been a strong rebound in domestic production with annual growth rates – as per the Index of Industrial Production (IIP) - becoming positive in FY2021-’22 after showing a negative growth in FY2020-’21 due to the pandemic. This has resulted in positive outlook in sectors like Capital Goods, Electronics and the Automotive industry where domestic output and exports are expected to increase rapidly in the coming few years. 

(L to R) P.S. Ramesh, Convenor - ACMEE; T.Nalangilli, President - AIEMA; K.Sai Satya Kumar, Chairman - ACMEE

The direct impact on the Indian machine tool industry – the production in the industry has seen an estimated 40% year-on-year growth in FY 2021 –’22 and the consumption of the industry has seen an estimated 30% year-on-year growth in FY 2021–’22. The user sectors that are showing demand for machine tools are Infrastructure, Aerospace, Defence, Railways, Power and Process industries.

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