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Going Amiss?
January 2020
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Slump in global trade does not augur well for India’s textile exports till 2020
January 2020
The year 2019 was challenging for the Indian textile industry with exports of textile & apparel declining by 4.3 per cent to $22 billion in the first seven months of FY2020 (April-November); thus, impacting the textile machinery segment as well.
ColorJet eyeing to expand footprint in Chinese textile market
December 2019
The China textile market, which is pegged to be at $230 billion, is expected to reach $400 billion by 2022.
MSB: Manufacturers of cots & aprons
August 2019
Mangal Singh Brothers (also known as MSB) is a market leader in the power transmission belting industry across India. Associated with the top quality brands from Japan and Europe, Having operated in this segment since the 1970s.
A.T.E. & LUWA mark a decade of successful partnership
June 2019
A.T.E., with its strong sales network, customer relationship and industry knowledge, has been a perfect partner for LUWA over a decade.
ColorJet becomes platinum sponsor at ITMA 2019
May 2019
From a net consumer of textile machinery to being a platinum sponsor of ITMA is a long way to come for the Indian textile machinery industry.
KARL MAYER, Rabatex & A.T.E. set up JV for warp preparation
May 2019
On March 29, 2019 KARL MAYER, Rabatex Industries and A.T.E. have signed a contract for setting up a joint venture.
Ministry signs pacts with leading cos to help weavers
March 2019
The Union Textile Ministry signed agreements with leading textile playes like Raymond, Welspun, Titan, Reliance Retail and the Sachin Tendulkar-promoted True Blue, under which these companies will procure more from the weavers directly.
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