Browsing: Automation

Bigger, Better, Bolder: India-ITME Society, organisers of the ITMEs, by their own words, has struck the keynote for the 10th India-ITME 2016 edition, which is poised to scale a new peak of achievement by the sheer number of exhibitors, visitors and the space. The biggest achievements are the new exhibitors and the number of roadshows India-ITME Society has done to promote ‘Make in India’ – a dream project of the Modi-led Government. There were a total of 23 roadshows, including in some important Asian countries like Vietnam, Indonesia and Thailand.

India-ITME 2016, the most prestigious textile technology and engineering business event, will be held from December 3-8, 2016 at Bombay Convention & Exhibition Center, Mumbai. The event plays a pivotal role in strengthening the domestic as well as international textile industry by facilitating exchange of knowledge, technology transfer, and encourages FDI, JVs, etc. Conceptualised in 1979, India ITME event has become a backbone of textile and textile engineering industry in India.

Fadis was founded in 1960 with the purpose of manufacturing textile machines such as rewinders, soft winders, assembly winders, hank to cone winders, reeling machines, spooling machines and intermingling machines, which are meant to process all types of yarns such as cotton, wool, silk, artificial fibres, synthetic fibres, mixed fibres, intermingled yarns, fancy yarns.

Incorporated in 1974, Lakshmi Ring Travellers (Coimbatore) Limited (LRT) is a market leader globally in ring travellers and catering to the requirements of more than 4,500 spinning mills in over 40 countries. While speaking during an exclusive interaction with the ITJ, JM Balaji, Head – Marketing, LRT, says, “Being the global market leader in this business, LRT has been consistently growing in the global market year on year. Main reason for LRT’s success is the product performance, quick deliveries and excellent after sales service.”

Ahmedabad-based Prashant Group of Companies first ventured into several textile manufacturing business in 1987. The Group has been enjoying the No. 1 position in weaving preparatory. All machines—right from warping machine, direct warper to sectional warper, sizing machine, material handling equipment and all other machineries—are manufactured at its Ahmedabad plant, under joint venture with various US and European companies that include Prashant Gamatex, Prashant West Point Machinery, Prashant Ferber, Prashant Texmach and Prashant Rostoni.

Declining cotton consumption needs a big boost, and innovation only holds the key, opine industry experts. It was a session of introspection for the cotton community! At the USA Cotton meet at the Trident Hotel in Mumbai recently, an august gathering of cotton industry experts watched with awe and avid interest at the Executive Director of Cotton Council International, Bruce A Atherley’s concerns over declining cotton consumption and call for attempts to give a boost to this natural fibre’s fortunes globally.

Can India take its share of 4.5% in global textile trade to 9-10% by 2020? An ITJ Exclusive explores the dreams and realities. India is No. 2 in the global textile trade, next only to China. But the country?s share is a measly 4.5 per cent against the 45 per cent of China?s. The Indian textile and apparel industry was estimated to be worth Rs 6,25,930 crore in 2015 and is projected to grow at a CAGR of 9 per cent to reach Rs 9,35,123 crore, by 2020.