The Cotton Textiles Export Promotion Council (Texprocil) has welcomed the Government’s decision to amend the Incremental Exports Incentivisation Scheme (IEIS) and the Merchandise Exports from India Scheme (MEIS). The Government removed the restriction under IEIS last week. “The decision of the Government to issue duty credit scrips under the IEIS without any restriction will certainly improve the cash flow of the exporters,†Texprocil Chairman RK Dalmia said.
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The International Textile Manufacturers Federation (ITMF) 2016 will be held between November 17-19, 2016 at Jaipur. Hosted by the Confederation of Indian Textile Industry (CITI), the three-day conference expects a mammoth gathering of more than 400 delegates including textile industry leaders, senior government officials and experts from across the world. The conference will offer a chance for textile manufacturers to interact with global leaders in the industry, experience new innovations in the industry and learn changing policies in global trade.
Denim fabric maker Nandan Denim expects to increase its production capacity to 110 million metres per annum by the next quarter. Nandan Denim Ltd (NDL) has a denim production capacity of 71 million metres per annum, at present. “We are expanding our capacity further to reach 110 million metres by Q1 of FY17 to become the country’s largest denim producer,†Nandam Denim President Govind Sharda said.
The 1st Defence-ITTA Joint Exhibition-cum-Seminar on Make in India was successfully held in February, 2015. The connectivity created during the 1st seminar between the defence officials and the leaders of the technical textile manufacturers in India have resulted in product quality improvement, reduction in imports and new product development for defence during the post event period.
Fashion is a creative self-expression that prevails in a flexible society. Right from fashionistas to local clothing arenas, all are influenced by the fashion trends, artistic creations and inspirational designs. Fashion designers are always looking at innovations in fabrics and fibres as to what new things they can create. Fashion Design Council of India (FDCI) provides the perfect platform for representing, nurturing, promoting and getting extraordinary fashion talents to the fore.
The Apparel Training & Design Centre (ATDC), one of the largest quality vocational training providers for the apparel industry in India, was awarded ‘Best Vocational Training Provider (VTP) Training 2016’ by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) at an award-cum-summit ’Skilling India’: The Way Forward†on March 15 at a function held in Shangri-La Hotel, New Delhi. The award was conferred by Rajiv Pratap Rudy, Minister, Ministry of Skill Development & Employment, Government of India.
From May 3-5, 2016 the trade fairs Texprocess Americas and Techtextil North America will take place at the Georgia World Congress Center, Atlanta, USA. Groz-Beckert will participate with its product areas Sewing and Felting. The company will present its products and services of the two sectors in hall B1A, booth 701. At the Texprocess, formerly known by the name of Spesa Expo, the visitors can find everything related to textile finishing and technologies for the development, acquisition and manufacture of sewn products.