New Delhi, February 07, 2020: looking to ensure a 24×7 electricity supply for all, the power industry will need to double its installed power generation capacity. India has an installed capacity of 363.37 gigawatts and Government of India is committed to achieve 175 gigawatt capacity in renewable energy by 2022, including 100 gigawatt of solar and 60 gigawatt of wind power.
Projected energy demand which is expected to grow by 4.2% through 2035 calls for large-scale grid modernization, which will increase reliability and reduce the black-outs. Availability and reliability of power, cost per unit of power generated and distributed influences estimating and pricing of industry products and services, are concerns that need to be addressed.
To meet the growing need and demand and to become sustainable and competitive, it is imperative for power companies to adopt new and advanced technologies in the entire spectrum of their activities. IMTEX FORMING 2020 & Tooltech 2020 exhibition at the Bangalore International Exhibition Centre, Bengaluru from 23rd to 28th 2020, organised by Indian Machine Tool Manufacturers’ Association (IMTMA), offers an opportunity and a platform for power companies to explore technology products for their requirement.
The exhibition occupies a unique position with its diverse portfolio of solutions for various user sectors (including power), new product launches and ‘live’ display of technologies from India as well as overseas. Visitors by having first-hand experience of machines and products can take informed decisions for choosing right technology and machines for their manufacturing needs.
Display of machines, Special Purpose Machines, die and mould, sheet metal working, joining and welding, Additive Manufacturing, robots, automation, work handling accessories, fixtures, tool and tool holding, CAD /CAM, metrology and inspection, and related technology products will be of interest to power equipment manufacturers.
Power companies can evaluate the requisite technology and equipment suppliers all under one roof at IMTEX FORMING 2020. The exhibition which features several Indian as well as foreign companies will serve as an ideal platform to stay informed about latest technological innovations in manufacturing, gain profound insights into current global trends, get connected through interactive seminars and meet globally renowned industry experts.
Focus will be on Factory of the Future: Industry 4.0 and Additive Manufacturing. These are evolutionary and emerging trends heralding digitalization across the entire spectrum of manufacturing including the power sector.
Highlights of IMTEX FORMING 2020 & Tooltech 2020
• 500+ exhibitors
• Exhibitors from 22+ countries
• 500+ live demos
• Focus on additive manufacturing and Industry 4.0
• Over 33,000 square metres of exhibition space
• International Seminar on Forming Technology
• i2 Academia Pavilion (an event for academia and industry to interact and explore possibilities for tie-ups)
• Connect (an awareness programme on machine tool industry)
• Reverse International Buyer-Seller Meet (an interaction platform for machine tool manufacturers and international buyers)
• 40,000 + business visitor footfall expected
Corporate Comm India (CCI Newswire)
