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Inflation is likely to continue firming up gradually on the back of higher food and fuel prices but will continue to remain within RBI’s comfort zone, says Abhishek Goenka.

Heading into 2018, we are in a phase of synchronised global growth. Business sentiment and consumer confidence is on the rise, generally across major economies. The year 2017 has been an exceptional year for risk assets, especially equities. Major equity indices have hit new all time highs. Low inflation and wage growth in developed economies, uncharacteristic of this phase of economic cycle has allowed central banks to withdraw accommodation gradually.

Mouvent achieved a major milestone in November with its first ever global trade show demonstration of its ground-breaking textile printing machine, the TX801. There were several live demonstrations of the TX801 during ShanghaiTex 2017, which were very positively received.

Picanol participated at ITMACH exhibition, which was held at the Exhibition Centre in Gandhinagar, Ahmedabad from 7-10 December 2017. This event was one of the largest textile machinery exhibitions of 2017 in the country and included participation from over 10 countries including India, China, Germany, Italy, Belgium, Netherland, Turkey, Japan, Korea and Taiwan. Picanol NV Belgium was located in Stall No.D-40/41 & E-33/34 in Hall-6 and displayed their airjet looms – OMNIplus Summum.

The year 2017 had a few demons that the textile industry needed to exorcise: Demonetisation and GST, which tore into the fabric of the small sector, the after-effects of which are still lingering on.

The swan in the Nestling logo stands for elegance, purity and inspiration, says Chandrasekaran PS, CEO, Nestling Technologies, in an interaction with Karthik Muthuveeran and Sripathy B of ITJ. Nestling has almost 70 per cent market share in Tamil Nadu, and he is highly optimistic about the Tamil Nadu market. He adds, “In Tamil Nadu, we should able to touch the 90 per cent mark within a year or so.

When a vision becomes reality, CDL KNITS/TROPIC KNITS in Mauritius strike a new path in textile finishing. The TROPIC KNITS Group located in Mauritius is with 3,000 employees one of the biggest producers of high-quality fine knit garments in the Indian Ocean.