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Positive trend continues for Italian machinery
The positive trend in textile machinery orders continues through to the third quarter of 2017. ACIMIT president Alessandro Zucchi states, "Growth for the Italian market is progressing, albeit following a more contained rhythm.
CMAI Apparel Index shows positive outlook
A Report on CMAI’s Apparel Index for the First Quarter (April-June FY 2017-18) shows a positive outlook for the next quarter with a growth at 2.77 points.
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.
Textile Asia to highlight benefits of CPEC
Organised by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), the 18th Textile Asia International Exhibition will highlight the advantages of China Pakistan Economic Corridor (CPEC) for textile industry of both the countries.
Texprocess Pavilion adds value to Techtextil India
India’s technical textile market is estimated to reach Rs 1,16,217 crore by 2017-18, and the important feature at this year’s Techtextil India, to be held from September 13 to 15, 2017 at the Bombay Convention.
Growth in orders continues for Italian firms
According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period from April to June rose by 26 per cent compared to the same period in 2016.
GHCL to shift focus on domestic market
Uttar Pradesh-based GHCL, a leader in home furnishings, plans capacity addition and wants to move focus from exports to the burgeoning home textiles market even as textile manufacturers continue protests over GST.
Acimit-ITA venture at IRANTEX 2017
For the second consecutive year, ACIMIT (Association of Italian Textile Machinery Manufacturers), in partnership with the Italian Trade Agency, has organised a collective venture at Irantex, the primary trade fair for the Iranian textile and textile machinery sector to be held in Tehran from 4 - 7 September 2017.
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