MARKET & ECONOMY
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).
Workers of over 3.5 lakh powerloom machines in industrial areas of Ved Road, Katargam, Varachha, Jholva, Laskana, Varachha, Bhestan, ?and ?Bamroli ? in Gujarat
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.
The global textile and garment manufacturing industry converged at ITMA 2015 in Milan to source innovative solutions to enhance their business sustainability. Their commitment to sustainability is evident from the strong industry turnout. At the end of eight days, the 17th edition of the world’s most established textile and garment technology exhibition attracted visitorship of almost 1,23,000 from 147 economies.
The latest edition of the Italian Textile Technology Awards was held as part of the promotional activities linked to ITMA Milan 2015. With the aim of promoting knowledge and awareness relating to textile machinery technologies and manufacturing, as well nurturing links between training initiatives
PREMIER’s philosophy of “Intelligent Technologyâ€Â, “Intelligent Solutions†and “Intelligent Support†is designed to address the challenges, while at the same time making it easier for the textile producer to achieve his quality goals. With the joint venture with Saurer Group, whose Saurer Schlafhorst is one of the world’s leading producers of automatic winders, the intelligent solutions will take a quantum leap towards a complete data control in the spinning process.
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.
Arvind Limited, one of the largest integrated textile and apparel majors in the country, has again bagged first prize in the National Energy Conservation Award 2015 in the textile sector, given by the Ministry of Power, the Government of India.
Indian defence sector is one of the largest consumers of technical textile products in the country, who in addition to a range of conventional technical textile products are consuming specialised functional textiles many of which are imported.