World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
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Indian Electrical & Electronics Manufacturers’ Association (IEEMA)â€â€the apex association of the Indian electrical equipment manufacturing industryâ€â€has announced that RK Chugh has taken over the post of President, IEEMA for 2019-20.
Governments usually go by the diction, ‘better late than never.’ The recent instance is when the Finance Minister Nirmala Sitharaman announced six steps to boost exports including the new Reimbursement of Taxes and Duties for Export Promotion (RoDTEP) scheme on export duties,etc.
Autotech Nonwovens is one of the leading manufacturers of nonwoven fabrics for the automotive and filtration industry in India. Located on the Delhi-Mumbai Industrial Corridor (DMIC) on NH-8, Autotech Nonwovens is in close proximity of the automotive hubs of Gujarat, Maharashtra as well as the major ports of Western-India.
ACIMIT, the Association of Italian Textile Machinery Manufacturers, is the chief promoter of the “Sustainable Technologies†project, through which it intends to favour Italian machinery and technology that adheres to an intelligent use and management of chemical products, energy and water for textile machinery, within a framework of eco-sustainable development.
In the recent times cotton prices in the entire major cotton-producing countries have been falling posing problems to the farm community. More than that, the production estimates have also been steadily declining, causing worries to the cotton community.
Declining yarn exports has put the Indian textile industry in a crisis mode. Is this crisis a short or long term? A telephone conversation between two Indian textile industry professionals painted a clear picture.