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COTTON USA team interacts with Indian mills
Aseven-member COTTON USA Executive Delegation travelled with Cotton Council International (CCI) to Mumbai, Coimbatore and New Delhi to participate in conferences emphasising U.S. cotton’s quality to Indian textile mill leadership and conduct meetings with key mill partners.
Acimit meeting point at INDEX17
At INDEX17 (from 4 to 7 April in Geneve), for the first time, ACIMIT, the Association of Italian textile machinery manufacturers, and ICE-Italian Trade Agency have organised a Meeting Point (booth 4145), where 6 Italian machinery manufacturers involved in the production of machines for nonwovens will show their innovative solutions.
ITMA returning to Milan after a gap of 20 years has kindled the high hopes of the Italian textile machinery industry. Already, the first quarters of 2015 has brought in new hopes for the industry with the order book showing a moderate growth of 8 per cent.
Cotton price decline continues
Cotton prices continue to decline in various parts of India, while the farmers are unhappy with the price ranging from Rs. 2,800 to Rs.3,200 per quintal. In 2013-14, the cotton fetched good price at Rs.5,500 to Rs.6,000 per quintal. Many farmers feel that unprecedented loss is incurred by them since the cotton cultivation cost has gone up.
Italian textile machinery play prominent role at Ivanovo
Italy´s textile machinery sector displays its latest technology to Russian textile manufacturers at a technology seminar to be held in Ivanovo on 9 April. Raffaella Carabelli (President of ACIMIT): ´Italian businesses are ready to meet the demands of modernising Russia´s textile industry.´
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