The Southern India Mills’ Association based in Coimbatore has called for calmness among spinners in India in the wake of the downward cotton production estimate. To offset the abnormal rise in price in domestic markets due to speculation, the Southern India Mills’ Association’s (SIMA) Chairman M Senthilkumar has suggested larger mills to opt for imports to normalise price situation in India.
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The Government has approved a Rs 6,000 crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attract investments of $11 billion and generate $30 billion in exports. The special package for textile and apparel sector was approved by the Union Cabinet under the Chairmanship of Prime Minister Narendra Modi.
The Government has approved a Rs 6,000 crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attract investments of $11 billion and generate $30 billion in exports. The special package for textile and apparel sector was approved by the Union Cabinet under the Chairmanship of Prime Minister Narendra Modi.
The Government has approved a Rs 6,000 crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attract investments of $11 billion and generate $30 billion in exports. The special package for textile and apparel sector was approved by the Union Cabinet under the Chairmanship of Prime Minister Narendra Modi.
Texfair exhibition in Coimbatore, organised once every two years, is a unique event organised by the user industry association for the mutual benefit of the manufacturers/suppliers of textile machinery, spares, accessories, equipment, etc.
“As it is always an honor to reside with SIMA on its continuous efforts towards the well-being of the textile industry at large, SIMA deserves a great deal of unbiased appreciation for its focused and unique way of contributing to the prosperity of the industry. So it is obvious that ‘TEXFAIR-2016’ is going to be an extra mileage and a landmark to be remembered with by the textile fraternity. While, amidst the felicitation, let me share a few thoughts with you on the present scenario of the textile industry.
Many specialised yarns are gaining importance in recent times over conventional yarns, elaborates an ITJ exclusive feature. It was a trickle a decade ago, but now speciality yarns are flooding the market. Boom in fashion, fast growth of technical textiles and newly emerging areas like leisurewear and sportswear are fueling the growth of speciality yarns.