NITRA’s 13th Convocation Ceremony was held on September 23, 16 at NITRA, Ghaziabad. Sanjay Jain, newly elected Chairman NITRA and MD, TT Ltd, RK Jain, Immediate Past Chairman NITRA and CMD, Pasupati Spinning & Weaving Mills, RL Nolkha, CMD, Nitin Spinners Ltd and Past Chairman NITRA along with other eminent industrialists were also present on the occasion in addition to Director General NITRA Dr Arindam Basu, Officiating Director NITRA Abhijit Pal and other faculty members.
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Gujarat has performed remarkably well, achieving an 18 per cent growth over the past decade since 2004, through policy support from both the Centre and State government. Unlike several other states, entrepreneurs in Gujarat have the option of availing benefits from both the Centre and the State Government, allowing for additional benefits. The Centre’s Technology Upgradation Fund Scheme (TUFS), along with the state government’s policy, has helped entrepreneurs reap huge benefits in the sector.
Long fibre spinning, yarn twisting and control, heat setting, carpet systems, nonwovens, dyeing and finishing, air and recycling processes: Seven French machinery manufacturers, often world leaders on these specific markets, exhibited their latest developments and knowhow in Shanghai.
The 10th edition of India-ITME is opening on a note of high expectations! The Indian Government’s recent `6,000-cr package & amended TUFS have rekindled exhibitor interest while high-tech wares promise to ignite buyer zest. A cross-section of the textile industry players shares their moods & opinions.
The UK has launched a programme to support its textile sector. The programme is aimed at businesses within the textiles sector and covers manufacturers from carpets to clothing, as well as industry suppliers, such as textile machinery manufacturers and designers.
The current global apparel market is estimated $1,100 billion with trade value of $700 billion. European Union is the largest consumer market, reaching $350 billion per annum, whilst China is the largest exporter with $288 billion. Leading countries such as EU, USA & Japan focus solely on highest value stages of textile and apparel value chain, that are designing, marketing & distribution. Meanwhile, the manufacturing activities are concentrated in India, China & other developing countries such as Bangladesh, Pakistan, Vietnam, Indonesia, etc.
India’s first integrated textiles city is likely to come up in Andhra Pradesh. The proposed textile city will be built on the lines of the China Textile City in Keqiao district.