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Exim issues post-GST clarified at ITAMMA meet
With the onset of GST regime, there have been a lot of concerns amongst the member-exporters regarding LUT/ BOND/ Bank Guarantee, refunds, fate of export promotion schemes etc. To address the concerns of the exporters, the Indian Textile Accessories And Machinery Manufacture Association (ITAMMA), organised the seminar on imports and exports.
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.
India Vs Turkey
Will India be the next China? The debate is still on, while China is taking all necessary steps to keep its fortunes in textiles intact. Leave alone China! After attending the ITM Turkey a few weeks ago, the spotlight for some textile interested persons like me is now on Turkey and India.
Turkish Delight for 1,200 exhibitors at ITM 2016
In 12 halls covering a total area of 120,000 m2 at the TUYAP Fair, Convention and Congress Center, Istanbul, Turkey, over 1,200 exhibitors of ITM 2016 showcased their machines, components and parts from June 1 to 4, 2016 to one of the world´s biggest textile market, Turkey.
ITAMMA’s catalogue show receives positive response
The Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) organised 15th product-cum-catalogue show on February 12, 2016 at The Oasis, Erode, Tamil Nadu, where a well known identity from the industry, D Palanisamy, Chairman, Pallava Group, Erode, was the Chief Guest and inaugurated the show.
Suresh B Rao (1936-2016)
The members of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) deeply mourns the sad and sudden demise of Suresh B Rao
Mayank J Roy elected President of ITAMMA
Mayank Jayantilal Roy, Managing Director of Excel Industrial Gears Pvt Ltd, Mumbai, has been elected the President of the Indian Textile Accessories & Machinery Manufacturers´ Association (ITAMMA) for 2015-2016. He has been a member of and serving in Managing Committee of ITAMMA for more than a decade.
Steps to sharpen tech edge mooted at ITAMMA meet
Technology is a very mature word. What you do little bit in grams or a small differential of a very big integral is not. It goes through many-many levels, about nine levels. The most important thing is what we call as process product integration which is where you use whatever is available and try to see whether the concept works as a product, not as a material. A product has to solve a problem.