'IMTEX' is a International Machine Tool Exhibition, organised every three years by Indian Machine tool Manufacturing Association of India. It is one of the biggest Machine Tool exhibition in Asia & in recent years with participation of well-known companies of Europe, Japan, and U.S.A. etc.,this exhibition has become truly an international event for Machine Tools & accessories.

'FIE FOUNDATION' takes this opportunity to present awards for latest technical innovations in Machine Tools exhibited in IMTEX to recognize, appreciate and encourage Ideas, Innovations and Vision in Machine Tool technology. The awards are given away in a ceremony during IMTEX.

Some outstanding Recipients of FIE Foundation Awards in IMTEX Exhibition - 2004

• ACE Designers Limited
• Bharat Fritz Werner Limited.
• Damania & Sons
• HMT Machine Tools Limited
• Precision Automation & Robotics India Limited
• Uday Computer Aided Manufacturing (Private) Limited.