Month: January 2017

Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually. Consumers continue to face liquidity tightness, resulting in deferring of purchase.

Brückner has recognised the trend already long ago and offers for many of the mentioned areas of application innovative machines and lines for a resource-saving production of technical textiles used in modern vehicles.

Today, a modern automobile contains between 20 up to 30 kg of fibres from the tyres to the sky. These fibres are used—visibly and invisibly—in many textile products for example as tyre cord, adhesive tape of the seat cover, claddings, sound proofing or insulating material but also for floor coverings. I

According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY 2015-16 over FY 2013-14.

INDIA-ITME REVIEW

Rieter is the leading supplier of installations for manufacturing yarns from short staple fibres. As a competent partner, Rieter makes customers‘ lives easier. It provides advice and support from the initial investment discussions to the successful operation of their spinning mills.

According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY2015-16 over FY2013-14. Major investments (by foreign collaborators and Indian companies) in the sector during April 2014 to March 2016 are also mentioned in the report which include investment worth $51.94 million in Fashion India Private Limited by E-Land Asia Holdings Pte Limited; $37.58 million in Procter & Gamble Home Products Ltd. by Procter & Gamble Home Products Ltd.