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Companies see light at the end of the pandemic tunnel
Between January 25th and March 10th, 2021, ITMF has conducted the 7th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 196 companies from around the world participated.
ITMA 2023’s product index expanded to 20 chapters
Stand space application for ITMA 2023 opened on 3 March, 2021. The world’s largest textile and garment technology exhibition, ITMA will be held at Fiera Milano Rho, Milan, from 8 to 14 June 2023.
ITM exhibition postponed to June 14-18, 2022
ITM International Textile Machinery Exhibition, which is planned to be held on June 22-26, 2021 was decided to postpone to June 14-18, 2022, considering the effects of the ongoing COVID-19 pandemic in the world.
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.
Orders intake still on downturn in Q4 of 2020: ACIMIT
The index of orders intake for Italian textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from October-December 2020 was down by 5% compared to the same period in 2019.
Input cost of textile engineering industry rising: TMMA
TMMA expressed, in its recently held 60th AGM serious concerns about the rising prices of the raw materials especially steel. At the time of booking April-May-June quarter, the steel prices were 15-40 per cent lesser than the current rates.