The year 2013 was of mixed type for Indian textile industry. On the one hand the mill sector (spinning/weaving) had a good year, the decentralised powerloom weaving sector had one or the other hiccups like power cuts, high tariff in power
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Our industry is here to stay! As I am writing these lines, the year 2013 is coming to an end, time to take stock of what has happened. I would request my readers to keep in mind, that what follows are the simple thoughts of a mechanical engineer
Exports of Indian MMF textiles were not encouraging during 2012-13. The exports of man-made fibre textile which grew consistently during last 10 years have declined by 9 per cent during 2012-13 compared to the previous year and amounted only US $5.37 billion.
The industry went through many ups and downs during the year which was marked by a lot of uncertainty and anxiety related to both the market and government policy (including delay in TUF extension).
Exports of Indian MMF textiles were not encouraging during 2012-13. The exports of man-made fibre textile which grew consistently during last 10 years have declined by 9 per cent during 2012-13 compared to the previous year and amounted only US $5.37 billion.
India is a big country, and has the potential to grow further and become a major trade partner for Italy. Biancalani has excellent working relationships with Indian textile clients, who understand very well the possibilities offered by our machines.
The Indian Textile Industry counts among the leading textile industries in the world. Textile is one of the oldest, largest and significant industrial sectors in India. The Indian textile industry is in a stronger position now, than it was in the past few decades.