The 57th AGM of the Confederation of Indian Textile Industry (CITI) held in Mumbai portrayed a dismal picture of the textile industry in India. It was none other than the Chairman, Prem Malik, who painted and highlighted the negative trends that are smothering all the hopes for the textile industry.
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Celebrating its 5th edition as India?s largest exhibition for the technical textiles and nonwovens industry, Techtextil India lived up to its promise of a truly business and growth-oriented trade fair for India.
FICCI organised its 7th annual conference on textile and apparel industry ?TAG 2015? on the theme ?Beyond cotton: Developing Excellence in MMF based textiles? on October 28, 2015 at Taj President Hotel, Mumbai.
Kanoria Chemicals & Industries Ltd is back in textile business after a gap of two decades. The company is in talks with H&M, Peter Van Heusen, Velocity, Raymonds and Arvind to sell denim from its plant in Ethiopia. The company has made an investment of about $50 million in the African country to take advantage from duty-free exports to the US and the European Union.
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.
The Confederation of Indian Textile Industry (CITI), the apex national chamber of textile industry, elected its new leadership team led by Naishadh Parikh as Chairman. Mukund Choudhary and Thulasidharan will continue as the Deputy Chairman and Vice Chairman respectively.
EFITM Reggiani’s strong position, and long and successful history as a leading manufacturer of high-end digital textile machines, has resulted in a comprehensive range of systems used worldwide for a growing range of fabric applications.