The nanofibre market is expected to grow as the nanofibre production system is forecast to show improvement during the forecast period 2016-2020 with vendors striving to achieve economy of scale and reduce the break-even point.

To make India a manufacturing hub in the area of technical textiles, under the Make in India initiative of Government of India, Technotex 2016 has been organised by the Government of India in association with Federation of Indian Chambers of Commerce & Industry (FICCI). The 5th International Exhibition & Conference on Technical Textiles recognises the immense potential of technical textiles and its increasingly diverse and innovative applications.

In recognition of RSWM’s excellent track record in field of exports, the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), responsible for promotion of export of synthetic textiles from India, has conferred three awards on RSWM for logging remarkable feat in exporting synthetic textiles offshore.

India-ITME Society was shortlisted out of the seven nominations. The award function was held on January 23, 2016 at India Expo Mart, Greater Noida. Apart from the above award won by India ITME Society, Seema Srivastava, Executive Director also has won an individual award under the “Leading Ladies of Industry” Category.

The proposed Textile Park at Padalur on the Tiruchi-Chennai National Highway has evoked good response from the entrepreneurs, with as many as 31 entrepreneurs from different parts of the Tamil Nadu expressing keen interest to launch venture.

T T Ltd., one of the leading textile players in India, celebrated the completion of 25 years of public listing by ringing the Silver Bell in Bombay Stock Exchange (BSE). The glittering function hosted by Chairman-Founder Dr RC Jain was presided by Padma Bhushan awardee DR Mehta (ex-SEBI Chairman) in the International Convention Centre of BSE in Mumbai.

The Textile Association (India), Mumbai Unit organised a conference on “Innovations @ ITMA 2015, Milan” on February 12, 2016 at Hotel The Lalit, Mumbai. The conference received overwhelming response.

A growing orders index for Italian machinery companies in foreign markets, while on the domestic front the positive orders trend is hit by a setback over the past six months. Said Raffaella Carabelli, President of ACIMIT: “2015 has closed well overall in terms of orders, with a growing sense of confidence for 2016.”

The Textile Association (India), Mumbai Unit organised a conference on “Innovations @ ITMA 2015, Milan” on February 12, 2016 at Hotel The Lalit, Mumbai. The conference received overwhelming response.