A total of 20 Italian textile machinery manufacturers will be present at the upcoming edition of Colombiatex, to be held in Medellin from January 26-28, 2016.
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There were 59 Spanish exhibiting companies at ITMA in Milan, of which 33 are associated to amec amtex, Spanish Textile Machinery Manufacturers Association.
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.
Pakistan has ratified the WTO?s new Trade Facilitation Agreement (TFA), making it the 51st WTO member to do so. Ambassador Syed Tauqir Shah presented Pakistan?s instrument of acceptance to Director-General Roberto Azevêdo on October 27.
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.
For 2015 third quarter the textile machinery exports from Italy declined slightly (-2 per cent), with external orders especially falling.
Located in Coimbatore, Sieger Spintech Equipments Pvt Ltd offers cost-effective solutions in sheet metal fabrication, textile machinery and industrial automation. D Srinivasan, Director of Sieger Spintech, talks on the company?s performance at ITMA.