The long-awaited GST rates have sparked off many a smile and a few wails in the textile industry! While the majority of textile industry, particularly the garment industry, has gone gung ho over the new rates of GST, synthetic textile segment has been crying hoarse, legitimately over the 18 per cent rate.
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As Techtextil India gears up to expand its scope into the garment machinery segment through an exclusive Texprocess Pavilion this year, VDMA Textile Care, Fabric and Leather Technologies has come forward to announce its support for this much-awaited launch.
DCC group of companies, provides the entire range of solutions under one roof; including modern printing technologies, inks and consumables, software, service support, tech consulting, hands-on training and application support.
Bhowmick Calculators started its journey in 1972 by Late BK Bhowmick as a small scale enterprise. In its journey of 45 years, it became a well-known enterprise in the Indian industry. Currently, his son Goutam Bhowmick has taken the charge and leading the company.
Incorporated on August 1, 1995 as a wholly owned subsidiary of Rieter Group, Switzerland, Rieter India Private Limited is one of the leaders in the market for textile spinning machines, and is recognised as a supplier of entire spinning systems from a single source, complemented by its reliable and proficient customer service. Rieter India provides sales, service and technical support from the branch offices at Coimbatore, Chandigarh, Ahmedabad, Bhilwara and Guntur. Rieter India manufactures its spinning product range from its manufacturing facility at Wing, Satara.
Technical textiles The lure of $30 bn
There is a burgeoning market for technical textiles in India and the industry should rise to the occasion to tap its potential, finds an exclusive ITJ Report.
With regard to the Inclusion of Machinery Manufacturer under Amended Technology Upgradation Fund Scheme (ATUFS), the Office of the Textile Commissioner has issued Circular No. 9 — Circular No.ES/360/2016-17 (2016-2017 Series) dated March 27, 2017