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Textile machinery output stagnant, but exports rise: M Trivedi
While speaking at the 59th Annual General Meeting of the Machinery Manufacturers’ Association (India) on September 27, 2019 at Hotel Trident, Mumbai, TMMA’s ex-Chairman Mehul Trivedi spoke on the production trends in the textile engineering industry.
LCC bags TMMA’s export promotion award
The company bagged export award winner for their outstanding performance under the category parts and accessories sector for the year 2018-19.
Acimit upbeat on export to PERU
Expotextil, the fair for the textile and garment sector in Peru, will be held from 24 to 27 October in Lima. At Expotextil there will also be a large representation of Italian textile machinery manufacturers.
SIMA elects Ashwin Chandran as Chairman
The 60th Annual General Meeting of The Southern India Mills’ Association (SIMA) was held on September 9, 2019 at The Residency, Coimbatore.
Textile bodies appeal for status quo on energy policies in TN
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
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