Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Prime Minister and Union Textile Minister for including textile industry and allocating budget for improving manufacturing capabilities and boosting exports.
Year: 2020
On October 22, 2020 during the Hybrid ITMF Annual Conference 2020 of the International Textile Manufacturers Federation (ITMF), the Committee of Management of the Federation elected the members of the Board for the term 2020-2022. Ruizhe Sun, President of the China National Textile and Apparel Council (CNTAC), was unanimously elected as the new President of the Federation.
A significant event in the textile trade calendars, the 2021 edition will be held alongside yet another premier fair for screen, textile, sublimation and digital printing technologies – Screen Print India thus bringing the entire textile value chain together for business through their new hybrid format.
Ruizhe Sun, President of the China National Textile and Apparel Council (CNTAC), was unanimously elected as the new President of the Federation (for his detailed CV see the ITMF-website).
Elgi Equipments, a manufacturer of air compressors, announced the results for the quarter and half year ended September 30, 2020. PAT for the quarter was Rs 33.2 crore compared to Rs 11.7 crore in the same period in 2019-2020 on a consolidated basis.
WACKER is to begin construction on a new production line for silane-terminated polymers at its site in Nünchritz, Germany, this year.
Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting.