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iNTERSPARE helps Indian textile cos take lead
Visitors at the booth got latest information about how iNTERSPARE can help Indian textile companies taking the lead and producing highest quality with higher productivity.
Growth in new orders for Acimit members
The orders index for textile machinery compiled by ACIMIT, the Association Italian Textile Machinery Manufacturers, for the period from October to December 2016 rose by 5 per cent compared to the same period for the previous year. The value of the index thus came in at 94.2 points (basis: 2010=100).
Textile machinery output dips 5%, import up 1,447 cr
In his inaugural speech, at the 56th Annual General Meeting of the Textile Machinery Manufacturers’ Association (India) at Hotel Trident in Mumbai, R Rajendran, Chairman of TMMA, said that the Indian economy in 2015-16 was the shining example of one of the fastest growing economies and oasis of the world in the wake of global slowdown fueled by fall in oil and commodity prices. The GDP grew at 7.6 per cent in 2015-16, continued till date, the highest in last five years as against 7.2 per cent clocked in 2014-15. There was macroeconomic stability and prudent fiscal management. The fiscal deficit target of 3.9 per cent has been met and a fiscal deficit target of 3.5 per cent has been set.
ITAMMA’s catalogue show receives positive response
The Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) organised 15th product-cum-catalogue show on February 12, 2016 at The Oasis, Erode, Tamil Nadu, where a well known identity from the industry, D Palanisamy, Chairman, Pallava Group, Erode, was the Chief Guest and inaugurated the show.
Suresh B Rao (1936-2016)
The members of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) deeply mourns the sad and sudden demise of Suresh B Rao
A great success for amec!
There were 59 Spanish exhibiting companies at ITMA in Milan, of which 33 are associated to amec amtex, Spanish Textile Machinery Manufacturers Association.
Italian machinery to shine at Colombiatex
A total of 20 Italian textile machinery manufacturers will be present at the upcoming edition of Colombiatex, to be held in Medellin from January 26-28, 2016.
Gamechanging ITMA kicks off New revolution
Is 2015 a watershed year for the textile technologies? Is the ITMA 2015 a gamechanger for the global textile industry? Joseph S, who witnessed some developments at the Fiera Milano Rho, attempts to explore the sentiments that prevailed at the fairgrounds.