Search Results: exports (2587)

Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018.

With more than 50,000 small, medium and large-scale industries and textile mills in an around Coimbatore and Tirupur, an event as big as Texfair, which focuses on textile machinery, accessories and spares, is a must for the Southern market of India. In its 11th edition, Texfair 2017, organised by the Southern India Mills’ Association (SIMA), provided a platform for the stakeholder to zero in their investments and expenses prudently, showcase their inventions and cost effective items and other products, enable the technocrats and shopfloor technicians to update their knowledge on the latest technology and create an awareness on cost cutting, to encourage micro, small and medium entrepreneurs also to showcase their products and get exposure to the market. Texfair 2017 was held from November 17-20, 2017 at Codissia Trade Fair Complex, Coimbatore.

AUTOTECH Nonwovens was set up in 2012 recognising the need for a focused high quality nonwovens producer in India. AUTOTECH Nonwovens is one of the leading manufacturers of nonwoven fabrics for the automotive industry in India. AUTOTECH has carved a niche for itself as a manufacturer of choice for needlepunched nonwovens in India.

Ankit Desai, Director, AUTOTECH Nonwovens, speaks to ITJ’s Sr Sub Editor Karthik Muthuveeran on the market for nonwovens in India, and its prospects and problems.

ELGi Equipments is geared up to achieve its goal of emerging as No. 2 air compressor manufacturer globally within the next decade. The ITJ reports after a factory visit to ELGi’s facilities in Coimbatore.

Every logo of the Coimbatore-based ELGi Equipments Ltd carries a two-word slogan – Always Better! But by the time, the ITJ Editor finished his tour of its HQ, factory and foundry, he realised that the slogan is a bit modest and should have been “Always Best”! And this compressor giant is not at all modest about its ambition, which is: To be the No. 2 in global compressor making within the next decade, from a position of being No. 7 now. In the last four years, after the completion and working of its sprawling 1,00,000 m2 facility at the Kodangipalayam village in Coimbatore, ELGi can proudly claim that the foundation to reach its goal has been well laid.

ELGi Equipments is geared up to achieve its goal of emerging as No. 2 air compressor manufacturer globally within the next decade. The ITJ reports after a factory visit to ELGi’s facilities in Coimbatore.

Every logo of the Coimbatore-based ELGi Equipments Ltd carries a two-word slogan – Always Better! But by the time, the ITJ Editor finished his tour of its HQ, factory and foundry, he realised that the slogan is a bit modest and should have been “Always Best”! And this compressor giant is not at all modest about its ambition, which is: To be the No. 2 in global compressor making within the next decade, from a position of being No. 7 now. In the last four years, after the completion and working of its sprawling 1,00,000 m2 facility at the Kodangipalayam village in Coimbatore, ELGi can proudly claim that the foundation to reach its goal has been well laid.

The Union Textile Ministry has recently announced Solar Energy Scheme for small powerloom units, by which the Indian Government will provide Rs 2.50 lakh subsidy per unit.

The Government has increased the Merchandise Export from India Scheme (MEIS) from 2 per cent to 4 per cent for all garments and made-ups and also increased the upper limit of Remission of State Levies (RoSL) for the exports of cotton garments from 1.22 to 1.7 per cent and cotton made-ups from 1.55 per cent to 2.20 per cent.

The Cambodian government is calling on international buyers to increase investment in the garment and footwear sector and to introduce new technologies to help modernise the industry, according to a senior official from the Ministry of Commerce (MoC).