AIEMA-backed machine expo underway in Chennai

Chennai, June 16 (KNN) The 15th international machine tools exhibition ‘ACMEE 2023’ is underway in Chennai till June 17.

The machine expo is being organised by the Ambattur Industrial Estate Manufacturers Association (AIEMA).

The exhibition focuses on the latest machine tool technology to help industry modernise and promote investment in India. 

Addressing the inaugural ceremony on Thursday, Tamil Nadu Governor R.N. Ravi said, ”Those who are in the business of making tools need to be futuristic.” 

“We have the best infrastructure and fairly good human resources. When you are expanding and innovating, you need to have appropriately skilled human resource, skilled in the latest technology; we have to maintain knowledge superiority,” he said.

T. Nalangilli, president, AIEMA, said that the Ambattur industrial estate ecosystem provides business to around 6,000 small and tiny business units located in and around the area and that AIEMA conducts on-the-job training and programmes on upskilling for people in the estate.

Binod Kumar Sarda, Convenor, Machine Tools Panel, EEPC India, said that India’s export of machine tools has grown at a CAGR of 26 per cent rising from USD 437 million in the year 2020-21 to USD 693.8 million in the year 2022-23.

The two-day event is expected to generate business worth Rs 650 crore.  (KNN Bureau)