Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 48th year, hosted its 4th IPF Industrial Excellence Awards on January 16, 2020 at the National Stock Exchange (NSE), Mumbai, during which 19 SMEs from 16 Indian cities were presented the awards in recognition to their achievements during the year.
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The Textile Association (India), Mumbai Unit will hold a seminar on opportunities for textile industry in challenging scenario on February 29, 2020 at Hotel Fortune Park Galaxy, Vapi, Gujarat.
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.
207 technical textiles items have been brought under a separate head in the Harmonised System of Nomenclature (HSN) code and the Bureau of Indian Standards (BIS) has developed standards for 348 technical textile products
The fair marked a 17 per cent increase in exhibition space, growing by 23 per cent in terms of exhibitors and 25 per cent growth in international exhibitors compared to the previos edition.
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
After registering a decline of about 9 per cent in cotton season (CS) 2018-19, India’s cotton production is likely to witness a double-digit growth of about 16 per cent in CS 2019-20 with production at 6.6 billion kg during the year on back of favourable monsoon as well as increased MSP that led to increased cotton crop sowing. For CS20, the acreage under cotton is estimated to have marginally increased by about 1.3 per cent to 12.8 million hectares.