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1 more feather in India-ITME Society’s cap
Today the events by INDIA ITME Society are globally acknowledged by not only the textile and textile engineering industry but also has become landmark event and pride for India.
VDMA summit focuses on mechanical engineering
The 6th VDMA Mechanical Engineering Summit was held on September 8, 2017 at Hotel Sheraton Grand, Bengaluru, which was attended by more than 220 people. India is the second-largest sales market in Asia for the German engineering industry.
Robust spinning segment raises machinery output
The production of the textile engineering industry (TEI) during 2016-17 recorded a nominal increase of 1 per cent to `6,650 crore as against `6,580 crore achieved during the previous year, mainly due the substantial increase in production of spinning machinery. Spinning machinery sector is expected to raise their production further during 2017-18.
How machines help improve daily life?
On the occasion of its 125th anniversary, the VDMA has put together a series of multimedia reports. Published on the new website https://humans-machines-progress.com the reports show: Machines are not an end in itself for the machinery engineering industry.
Prospects, challenges and remedies of TEI industry
The Indian Textile Engineering Industry (TEI) is more than 100 years old with an illustrious history of achievements, including manufacture of advanced spinning machinery, power looms, weaving preparatory machines, finishing and dyeing machines, etc. It has also made a mark in the world specially in the field of export of accessories which amount to nearly two-third of last year?s export of about Rs 2,600 crore.
The year that was
The expectation from the new government in the centre was very high. However the situations at the ground level did not alter much. The government´s attention was concentrated on macro issues. This could not lift the morale of the industry.
ITAMMA´s seminar on govt schemes
S Senthilkumar, President, ITAMMA in his welcome speech mentioned that Government of India has recently proposed a drive in favour of indigenous manufacturing and taking several policy decisions to make its ´Make in India´ campaign successful; where changes have been made in import and export duty structures as well as excise and other areas which will help the textile engineering industry to make the business at ease.
Weaving new hopes in production, export fronts
Began as an offshoot of the textile industry, the Indian textile machinery industry, today, is reckoned as one of the largest sectors in the country. The roots of the textile engineering industry (TEI)