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Let the good times roll!
The Indian textile industry should cheer up now. Though the modalities of how the Rs 6,000-crore bonanza, announced by the Modi Government for the textile industry, will take shape, there are enough hints that in a very few months, proper steps will be revealed. Murmurs of dissatisfaction are fading away, and the Amended Technology Upgradation Fund Scheme (TUFs) seems to have got the nod of approval from the industry.
ColorJet brings paradigm shift in home furnishings
ColorJet showcased the live demonstration of home textile printing on products like bedsheets, pillow cover, curtains, table covers, etc. on the FABJET GRAND.
ColorJet Group, the biggest and only Indian manufacturer of digital printers in India brought a paradigm shift to the Indian home furnishing industry at Heimtextil 2016 by introducing its wider width direct-to-fabric digital home textile printer FABJET GRAND which is suitable to print on all inks, viz. reactive, pigment or disperse.
Govt should clear air on TUF Scheme soon
In an interview with the ITJ team, Hardik Shah, Director - Marketing, Embee India, provides a SWOT analysis on the Indian textile industry, and the wish-list for the government.
Achhe din kab aayenge?
I remember a presentation I made in China last June, where I proudly claimed that Indian textile industry would be well off even with less purchase of cotton and yarn by China. We all were buzz with optimism and were ranting the Indian consumption story.
India to carry comfortable cotton closing stock
The predominantly cotton based textile industry has been producing almost 75 per cent of the spun yarn from cotton and therefore, this industry has been subjected to crisis due to volatility in the prices.
"Maharashtra has Rs 6,690-cr new projects in hand"
In Maharashtra, after the declaration of State Textile Policy, a total of 769 projects with investment of Rs 6,690 crore have been established. The investment have come predominantly into the developed textile machinery of spinning and weaving sector.
Colorjet to display Vastrajet at Garfab-Tex
Colorjet, a leading manufacturer of digital inkjet textile printers is participating at Garfab-TX, being held in Surat from May 15-17, 2015 at SIECC in booth no.
Govt´s support lacking
The current budget for 2015-16 is considered as growth oriented by various experts, but I think for textile Industry, it is not very promising budget. The Government´s vision of growing Indian textile and apparel industry to US$ 220 billion by 2020 needs more support and schemes from government. Unfortunately major demands of Industries have not been met in current budget.