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GST Plus Outweighs Minus!
July 2017
The long-awaited GST rates have sparked off many a smile and a few wails in the textile industry! While the majority of textile industry, particularly the garment industry, has gone gung ho over the new rates of GST, synthetic textile segment has been crying hoarse, legitimately over the 18 per cent rate.
VDMA extends support for Techtextil India
July 2017
As Techtextil India gears up to expand its scope into the garment machinery segment through an exclusive Texprocess Pavilion this year, VDMA Textile Care, Fabric and Leather Technologies has come forward to announce its support for this much-awaited launch.
Italian textile technology at CAITME 2017
June 2017
At the upcoming edition of CAITME, to be held in Tashkent, Uzbekistan from September 13 to September 15, 2017, 16 Italian textile machinery manufacturers will exhibit in the common area set up by the Italian Trade Agency and ACIMIT.
Apparel overall growth recovers
June 2017
After a slowdown in Q3 post-demonetisation business the Clothing Manufacturers Association of India’s (CMAI) Q4 Apparel lndex (January-March FY2016-17) reveals that the apparel industry is slowly and surely making a recovery. The Q4 Index shows growth has improved mildly with overall index value moving up to 2.25, compared to 1.4 points in Q3.
2016 ends with 5% rise in orders for Acimit members
April 2017
2016 ends with 5% rise in orders for Acimit members The orders index for textile machinery compiled by ACIMIT, the Association Italian Textile Machinery Manufacturers, for the period from October to December 2016
Acimit meeting point at INDEX17
March 2017
At INDEX17 (from 4 to 7 April in Geneve), for the first time, ACIMIT, the Association of Italian textile machinery manufacturers, and ICE-Italian Trade Agency have organised a Meeting Point (booth 4145), where 6 Italian machinery manufacturers involved in the production of machines for nonwovens will show their innovative solutions.
iNTERSPARE helps Indian textile cos take lead
March 2017
Visitors at the booth got latest information about how iNTERSPARE can help Indian textile companies taking the lead and producing highest quality with higher productivity.
Growth in new orders for Acimit members
March 2017
The orders index for textile machinery compiled by ACIMIT, the Association Italian Textile Machinery Manufacturers, for the period from October to December 2016 rose by 5 per cent compared to the same period for the previous year. The value of the index thus came in at 94.2 points (basis: 2010=100).
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