About ICTMA
ICTMA is formed in the year 2012 by leading Cutting tool manufacturing companies. At present we have 56 member organizations – 12 Patron members, 22 associate members and 22 ordinary members. The association is incorporated as a company under Section 8 of the Companies Act, 2013. The affairs of the association is managed by the executive committee who are also members of the Board. The board meets ever quarter or as required to decide on the important matters related to running of the association.
ICTMA is deeply committed to support its membership to increase competitiveness, enhance efficiency, improve productivity, and ensure growth and prosperity. It does so with the aim to assist the membership to become cost effective, technology driven, and ever responsive to customers’ changing needs. At the same time, ICTMA has supported the user industries with better and more modern technology of machine tools to provide them with competitive manufacturing solutions. The association has been raising the issues concerning the members before the authorities including recognizing the industry as a sub sector.
ICTMA is today recognized as the sole voice of the Indian cutting tool industry – it is the face of the industry to the government, to its members, suppliers and users. Its membership of around 56 constitutes a major part of this strategic sector in the country.