LATEST NEWS

In addition to the solutions already announced for complete systems, spinning preparation and end spinning process, Rieter is showing further innovative products at the ITMA 2015.

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.

CMAI?s Apparel Index for the Second Quarter (July-Sept 2015) once again confirms that the industry has maintained its growth tempo with overall index value at 6.68 points. Giant and large brands have continued their growth story much like the previous quarters and stayed ahead of the curve. They have done better with higher sales turnover and lower inventory holding.

ITMA 2015, held in Milan from November 12-19 at the Fiera Milano trade fair grounds, closed its doors with some significant statistics. For the eight days of the event, the halls which hosted the 1,700 exhibitors recorded almost 1,23,000 participants, hailing from 147 countries (22 per cent more than the previous edition in Barcelona).

India ITME Society organised a networking dinner on November 16, 2015 at Milan to promote the opportunities in India for textile machinery manufactures. This programme was attended by industry members, associations and government officials from various countries.

Workers of over 3.5 lakh powerloom machines in industrial areas of Ved Road, Katargam, Varachha, Jholva, Laskana, Varachha, Bhestan, ?and ? Bamroli? in Gujarat? , who were on strike for over 20 days called off their agitation following settlement over wage hike.