ITME AFRICA 2020, organised by India ITME Society from February 14-16, 2020 in Addis Ababa, Ethiopia, shall become the focal point and catalyst for economic growth, employment generation and technology upgradation in Ethiopia and other countries in Africa.
Textile industry plays a significant role in the economy contributing to over 13 per cent of the industrial output, over 2 per cent to the GDP of India.
Finance Minister Nirmala Sitharaman proposed National Technical Textile Mission with an outlay of Rs 1,480 crore over four years to cut down import.
The Active Warp Control (AWC) feature in the machine provides 100 per cent controlled management of warp threads for perfectly drawn-in weaving harnesses.
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.
To attract higher foreign investment in the textile sector, India has planned a complete overhaul of a scheme to create world-class infrastructure facilities for setting up textile units.
Stäubli’s Safir range of drawing-in machines delivers maximum benefits to home textiles customers.