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What it takes to be India’s top textile company?
Textile industry plays a very important role in spinning the economy’s growth wheels by being the second largest employment generator (after agriculture) and accounting for seven per cent of industrial output in value terms, 12 per cent of the country’s export earnings and two per cent of India’s GDP.
New opportunities are in exports and import substitute products
A.T.E. has a formidable presence in textile engineering, both in conventional and technical textiles. The company provides a wide range of textile machinery and accessories across the textile value chain along with a comprehensive range of utilities.
R&D is a critical part of our business strategy
Kusumgar Corporates is today an acknowledged leader in the highly niche technical and specialised textiles sphere. In 1970, Yogesh Kusumgar gauged the phenomenal potential of a market which was then at a very nascent stage.
Think global, weave local
Inspite of blessed with a complete supply chain - from raw material to fibre to yarn to fabric - India has not been able to cash in on the opportunity created with China vacating some segments in the global textile market.
NITMA pleads for quick action on ADD on viscose yarn
President NITMA, Sanjay Garg pleads for quick notification on ADD on Viscose Spun Yarn originating from Indonesia, Vietnam and China, as recommended by DGTR vide its notification dated 30the December 2020.
India imposes duty on cotton imports
On February 1, Nirmala Sitharaman, Union Finance Minister of India introduced the Indian budget for the financial year 2021-22.
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