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Schneider Electric, a global leader in energy management, was awarded the ´Global Specialist In Energy Management´ under Editor´s Choice category and ´Best UPS 2014´ under Most Innovative products category, at the recently concluded 8th NCN Award Ceremony 2015 held in New Delhi.

A memorandum of understanding (MoU) has been signed between Kumaraguru College of Technology (KCT), Coimbatore, and Indian Textile Accessories & Machinery Manufacturer’s Association (ITAMMA), Mumbai to establish a common facility centre for textile engineering industry at the campus of KCT under the Cluster Development Programme (MSE-CDP) of Ministry of Micro, Small and Medium Enterprises (MSME), Government of India.

Trade encouragement policies of the western countries, availability of cheap labour and low energy costs have provided Bangladesh with huge potential in the global clothing market, especially in EU and the US, feel Rakesh Kumar Goyal and Dr RP Agarwal

World demand for silicones is forecast to rise 5.7 per cent per year to $19.3 billion in 2019. The pace of growth in value terms will be in line with that seen over the 2009-2014 period, largely due to an improved outlook for silicone prices.

Polysistec has launched a new complete process for polyamide (PA) preparation and dyeing. With this new innovative system, it is possible to reduce substantially common problems that arise with PA fabrics, such as unleveling, differences of affinity, lack of fastness, long dyeing process, water consumption, etc.

The World Trade Organization (WTO) has launched a new website, which will serve as a focal point for members, donors, and others seeking information on the new Trade Facilitation Agreement Facility (TFAF).

S Senthilkumar, President, ITAMMA in his welcome speech mentioned that Government of India has recently proposed a drive in favour of indigenous manufacturing and taking several policy decisions to make its ´Make in India´ campaign successful; where changes have been made in import and export duty structures as well as excise and other areas which will help the textile engineering industry to make the business at ease.

Since the last ITMA edition, the global textile and garment industry has made rapid strides and evolved tremendously with technological innovations. And 2015 being the Year of Sustainability, the organisers have done well to make this as the main theme ´ Master the Art of Sustainable Innovation.