With over 4,000 machines sold and still counting, Santex Rimar Group floats its own Indian venture to penetrate deeper and grab more in this emerging market.

INDIA-ITME REVIEW

Technological upgradation fund scheme (TUFS) was launched in 1999 with the objective of providing credit and capital subsidy to textile and clothing industries to modernise the textile units. This was given to help in enhancing the labour and capital productivity and enhance production of high quality products.

With over 4,000 machines sold and still counting, Santex Rimar Group floats its own Indian venture to penetrate deeper and grab more in this emerging market.

According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY 2015-16 over FY 2013-14.

Make in India initiative, launched a couple of years ago by the Modi Government, has also caught the serious attention of the textile industry, which seemed to have progressed well on this front. The ITJ takes a closer look with some highlights from the current scenario.

Today, a modern automobile contains between 20 up to 30 kg of fibres from the tyres to the sky. These fibres are used—visibly and invisibly—in many textile products for example as tyre cord, adhesive tape of the seat cover, claddings, sound proofing or insulating material but also for floor coverings. I

Make in India initiative, launched a couple of years ago by the Modi Government, has also caught the serious attention of the textile industry, which seemed to have progressed well on this front. The ITJ takes a closer look with some highlights from the current scenario.

Brückner has recognised the trend already long ago and offers for many of the mentioned areas of application innovative machines and lines for a resource-saving production of technical textiles used in modern vehicles.