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Govt intervention is required to regulate the import of products
Mylon Metallics was incorporated as an engineering company par excellence for manufacture of engineering products that will find applications in textile mills, transport sector and original equipment. D Srinivasan, Director, Mylon Metallics, speaks on the cheaper imports which is hurting the textile industry.
Scope to grow
Import of textiles industry spare parts has been continuously rising from China and trend will be continued this year as well, say industry experts.
Textile machinery industry upbeat post-Texfair
The Southern India Mills’ Association (SIMA), Coimbatore organised Texfair 2019 – largest expo of textile machinery, spares, accessories and other supporting services and Farm to Finish Expo 2019 – expo showcased right from raw material to finished products during August 9-12, 2019 at CODISSIA Trade Fair Complex, Coimbatore.
It’s a gold for Indo Count!
Indo Count Industries Limited, one of the leading manufacturer and exporter of bed linen and home textiles in India, has won the prestigious gold trophy for the “highest exports of cotton made-ups (bed linen/bed sheets/quilts)” for the year 2016-2017. Having won Bronze and Silver trophy in the past, this is the first time that Indo Count has been awarded with Gold Trophy.
S Srinivasan, Tex Tech´s Founder-Chairman, no more
S Srinivasan, Founder-Chairman of Tex Tech Industries, passed away at the age of 87. Srinivasan was born on Janaury 7, 1928 and he completed his engineering in Mumbai. He started his career in Escorts Ltd-Tractor division as Sales Manager.