MARKET & ECONOMY
During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to US $ 2,876.59 million as compared to $2,878.79 million in the corresponding period last year. In September particularly, India’s apparel export percentage to the US changed from positive to negative; till the end of August this year India’s growth (albeit marginal) was up 0.06 per cent.
The orders index for textile machinery recorded an increase for the third quarter of 2016, thanks to positive sales figures abroad. Based on an industry survey conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from July to September 2016 the overall order intake increased by 16 per cent compared to the same period last year. The third quarter value for 2016 stood at 101.1 points (2010 basis = 100).
Real credibility does not get built overnight. It takes years of patient and passionate dedication to be seen and recognised by the world, to be accepted and appreciated by customers.
Rabatex Industries has lined-up the latest and innovative pre-weaving technologies (weaving preparatory technologies) and Battery operated & Manual Material handling and Storage Equipments including accessories like creels for technical textiles applications at the upcoming India ITME exhibition.
Novibra, the leading company in spindle technology and the biggest exporter of spindles worldwide, will present several innovative solutions for spinning mills at ITME in Mumbai.
Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April – June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined. China imported 149.66 million kg of cotton yarn during the first three months of last financial year (2015-2016) and it dropped to 99.09 million kg during the same period this year. The decline in exports started in April 2014.
Saurer Group’s E³ (triple added value) – philosophy of innovation and sustainability was developed with a clear customer focus. Highest productivity, maximum raw material utilisation and excellent yarn characteristics are key success factors for today’s textile producers.
A partnership is a bridge that allows a free-flowing passage of expertise and experience.
A ladder that empowers an organisation and its brands to scale up in quality, repute and market acceptance.
It is with the intent of escalating the quality of Indian textile processing technology to global standards Bianco S.p.A. Italy extends its hand of association.
India is one of the fastest growing and promising economies today on the world map. With huge raw material availability and with stable Government, rapid industrial growth is forecasted in near future. Today, textile sector is one of the largest contributors to India´s exports with approximately 11 per cent of total exports.