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Boost for textiles exports
Finance Minister Arun Jaitley in the Union Budget 2018-19 raised special package by 19 per cent to Rs 71.48 billion for apparel sector to boost exports. In 2016, the government had announced a special package of Rs 60 billion for the same purpose.
Scrap tax on yarn import: Pak mills
The Pakistan Yarn Merchants Association (PYMA) has urged the Pakistan Government for removal of the regulatory duty on the import of yarn. An appeal has been made to Dr Miftah Ismail, advisor to the Prime Minister on Finance, Revenue and Economic Affairs, for supply of affordable raw materials to the textile industry to increase the production.
Ichalkaranji shows huge scope for MMF
Birla Cellulose, along with Ichalkarangi Shuttleless Loom Owners’ Association (ISLOA) and Ichalkarangi Shuttleless Fabric Manufacturers’ Association (ISFMA), has conducted an interactive customer meet on 21st November at Hotel Sayaji, Kolhapur with spinners, weavers and processors of Ichalkaranji. The meet was aimed at making Ichalkaranji a self-sufficient hub for finished fabrics made from Viscose, Modal and Excel fibres offered by Birla Cellulose.
Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018.
With more than 50,000 small, medium and large-scale industries and textile mills in an around Coimbatore and Tirupur, an event as big as Texfair, which focuses on textile machinery, accessories and spares, is a must for the Southern market of India. In its 11th edition, Texfair 2017, organised by the Southern India Mills’ Association (SIMA), provided a platform for the stakeholder to zero in their investments and expenses prudently, showcase their inventions and cost effective items and other products, enable the technocrats and shopfloor technicians to update their knowledge on the latest technology and create an awareness on cost cutting, to encourage micro, small and medium entrepreneurs also to showcase their products and get exposure to the market. Texfair 2017 was held from November 17-20, 2017 at Codissia Trade Fair Complex, Coimbatore.
A big success for European machinery roadshow in Colombia
The first European roadshow of 14 textile machinery manufacturers took place on October 18 in Bogota and the following day in Medellin. With over 100 Colombian textile producers attending, it exceeded the expectations of the organisers, the Belgian (SYMATEX), French (UCMTF), Spanish (AMTEX) and Swedish (TMAS) textile machinery associations.
TEXPOSURE 2018, Ichalkaranji from Jan 11-14, 2018
With a view to disseminating knowledge and information to the growing industry about the recent advancements in the textiles, garments and accessories, Rotary Club of Ichalkaranji Central and DKTE Society's Textile and Engineering Institute as a part of their regular activity have decided to organise TEXPOSURE 2018, etc.
Hot topics & themes to attract more visitors
ShanghaiTex is one of the biggest textile machinery trade shows in China. This year, ShanghaiTex 2017 focuses on the revolutionary theme like sports textile technology, smart factory, etc. to attract more related machinery makers this year.
Indian textile machinery sector has stagnated in R&D: TMMA AGM
The Textile Machinery Manufacturers’ Association (India) (TMMA), Mumbai, organised its 57th Annual General Meeting on September 22, 2017 at Four Seasons Hotel, Mumbai. Dr SM Istiaque, Director, IIT, New Delhi was the chief guest for the event. R Rajendran, Chairman, TMMA, delivered the speech during the AGM.