MARKET & ECONOMY​

Santex Rimar Group is one of the leading players in the market of machine manufacturers for the textile industry. The company started as different companies that evolved into Santex Rimar Group. CAVITEC and ISOTEX lead the technical and nonwoven textiles machinery market; SANTEX and SPEROTTO RIMAR produce machines for textile finishing; SOLWA provides eco-friendly machinery for water treatment, food dehydration, agribusiness sector and waste management.

Coimbatore, known as the textile hub of Tamil Nadu, houses a large number of small, medium and large textile mills. It also has textile research institutes like the Central Institute for Cotton Research (CICR), South Indian Textiles Research Association (SITRA) and the Sardar Vallabhai Patel International School of Textiles and Management.

Raymond Textiles is targeting a 7-8 per cent growth in its suitings business next fiscal. Apart from suitings, the other segments under the textiles division include shirtings (fabrics for making shirts), made-to-measure garments and exports. The growth will come organically, including new product ranges. Over the last one year, the company explored new offerings focusing on functionality.

ITM 2016 International Textile Machinery Exhibition and concurrent HIGHTEX 2016 International Technical Textile & Nonwoven Trade Fair—expected to attract 1,200 exhibitors and more than 60,000 visitors from 72 countries—will be held at Tuyap Fair Convention and Congress Center on June 1-4, 2016.

An industry-friendly software i-ATUFS to be put in use for the Amended Technology Upgradation Fund Scheme has been is welcomed by the Southern India Mill?s Association

The overall proposed structure to revive rural consumption and rural development in the Budget is likely to give an indirect impetus to the textile industry.

The members of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) deeply mourns the sad and sudden demise of Suresh B Rao

While the global market size of the TT sector was estimated to be $104,000 million in 2010, this sector is still in nascent stages in India. TT offer several advantages in their functional aspects for improving health and safety, cost effectiveness, and durability and strength of textile material. These performance-enhancement products are applicable in the protective clothing, agriculture, medical, infrastructure development, automotive, aerospace, sports, and packaging sectors.

An industry-friendly software i-ATUFS to be put in use for the Amended Technology Upgradation Fund Scheme has been is welcomed by the Southern India Mill?s Association