Europe still dominates in textile technology, but India is no laggard. It has created its own niche. With 158 exhibitors at the present ITMA 2015, Indian textile machinery and spares industry has come a long way to spread its wings since 1975 when at the same Milan, India fielded a lone exhibitor. An ITJ Report previews the current scenario.
Innovations galore from 1,500+ exhibitors
ITMA 2015 will be held at the Fiera Milano Rho from 12 to 19 November 2015, which will showcase end-to-end solutions for the entire textile and garment making chain. The exhibition has a gross size of over 2,00,000 sq m and over 1,500 exhibitors from 47 economies promise to launch innovations galore.
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.
On a Skilling Spree!
Skilling the labour is priority on the agenda of industry and the Government, and modernisation and rapid growth vital for the export-based textile industry depend solely on the progress of this new drive. An ITJ Report sizes up the mission of this skilling spree
$64 bn export by 2017 | An Uphill Task?
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
"Maharashtra has Rs 6,690-cr new projects in hand"
In Maharashtra, after the declaration of State Textile Policy, a total of 769 projects with investment of Rs 6,690 crore have been established. The investment have come predominantly into the developed textile machinery of spinning and weaving sector.
"New Textile Policy of Maharashtra will be launched soon"
Subhash Desai, a leader of Shiv Sena, took charge as the Cabinet Minister of Industries after the Shiv Sena-BJP alliance grabbed the power in Maharashtra on December 5, 2014. He is a member of Maharashtra Legislative Council elected from Mumbai.
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