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Textile firms welcome PLI scheme; await clarity
On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new sectors entailing an additional financial outlay of Rs 1460 billion over a 5-year period.
SIMA hails Rs 1,460 bn PLI scheme
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.
Another drop in orders for 3QFY2020: ACIMIT
The index of orders intake for textile machinery, as compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period ranging from July to September 2020, decreased by 26 per cent compared to the same period in 2019. The index value was attested at 72.4 points (2015 basis = 100).
Chemical fibre spinneret components from TaiDing
TaiDing Precision Machinery is located in Taipei , Taiwan. The company was founded in 1975,and supplies the large-scale chemical fibre groups in Asia with the chemical fibre spinneret components and accessories for their spinning equipment, such as spinneret for conjugated fibre, profiled spinnerets and round hole spinnerets.
Enjoy time travel from the home office
Oerlikon develops modern materials, systems and surface technologies and provides specialised services aimed at securing high-performance products and systems with long lifespans for customers
Monforts emphasises on three key fields
With its multi-head capability, the latest Monforts texCoat coating system provides the flexibility the market is looking for, with an unprecedented range of options and a wide range of modules available.
Textile leaders await ITM 2021
Leading technology manufacturers of the textile industry are looking forward to ITM 2021, which is one of the world's largest exhibitions in its field, to introduce their latest innovations and machinery.
Automation: A stitch in time
In most sectors of textile manufacturing, automation is one major key to quality improvement and cost competitiveness. Early modernisation and technical developments in textiles concentrated on the automation of individual machines and their processes.