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Italian machinery orders at a standstill
The order index for textile machinery elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from January to March 2018 dropped 12 per cent compared to the same period for 2017.
SRTEPC welcomes launch of ‘Samarth’ scheme
Narain Aggarwal, Chairman, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) had been keenly following on the progress of the new scheme on skill development, which had been approved by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi in the month of December 2017.
Digital platform launched for Indian MSME exporters
A digital platform for exporters in the micro, small and medium enterprises (MSME) industry has been launched by Indian Commerce and Industry Minister Suresh Prabhu. The interesting idea for such a platform was given by the Federation of Indian Export Organisations (FIEO). FIEO GlobalLinker will help MSMEs to digitise their businesses.
US imports jump amid tariff threats
Trade war or not, US apparel and textile imports from China surged 22.2 per cent in February to 2.54 billion square meters equivalent (SME) compared to a year earlier
SRTEPC inaugurates regional office in Coimbatore
With the objective of increasing its footprint across the southern part of the country, the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has opened its regional office in the premises of the Southern India Mills Association (SIMA), Coimbatore.
Good in part!
The Budget 2018-19 is good in part for the textile industry thanks to corporate tax cut for MSMEs and higher allocation of ATUFS. The ITJ Cover Story takes stock of the Budget implications and the industry’s reactions.
India, a stong market for Oerlikon: Customers Meet
“The manmade fibre (MMF) market has recovered in the last three months from the two impacts of demonetisation and GST,” said Andre Wissenberg, Vice President, Head of Marketing, Corporate Communications and Public Affairs, Oerlikon, while speaking on the challenges for the manmade fibre industry in a global environment.
Dr A Sakthivel is Vice Chairman of AEPC
Dr A Sakthivel, well-known architect of Tiruppur knit cluster, has been unanimously elected as the vice chairman of Apparel Export Promotion Council (AEPC) for 2018-19. He has previously been the chairman of AEPC for three tenures in the year 1998, 2004 and 2012 and has also been a member of Executive Committee of AEPC for the last 35 years.