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Prospects, challenges and remedies of TEI industry
The Indian Textile Engineering Industry (TEI) is more than 100 years old with an illustrious history of achievements, including manufacture of advanced spinning machinery, power looms, weaving preparatory machines, finishing and dyeing machines, etc. It has also made a mark in the world specially in the field of export of accessories which amount to nearly two-third of last year?s export of about Rs 2,600 crore.
The 10th edition of India-ITME is opening on a note of high expectations! The Indian Government´s recent Rs.6,000-cr package & amended TUFS have rekindled exhibitor interest while high-tech wares promise to ignite buyer zest. A cross-section of the textile industry players shares their moods & opinions.
Stewart pact with Basant
Stewarts Of America, Inc and Basant Wire Industries (PVT) Ltd of Jaipur have announced that their longstanding partnership has now resulted in an agreement whereby Stewarts of America, Inc has provided all intellectual property, manufacturing ´know how´, and machinery for the production of Open End Spinning components.
Stewards-Basant Wire extend partnership
Stewarts of America Inc and Basant Wire Industries (Pvt) Ltd of Jaipur are pleased to announce that their longstanding partnership has now resulted in an agreement whereby Stewarts of America Inc has provided all intellectual property, manufacturing know how, and machinery for the production of open end spinning components.
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.
Basant Wire´s range of pins & pinned products
Basant, leading innovators, technology solution providers, manufacturers and exporters of PORCUPINE brand pins and pinned products for 30 years, has introduced several new products for benefit of the textile spinning industry. It has the world´s widest range of pins and pinned products manufactured under one roof.
States in $500-BN RAce!
Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.