What do handbags, hovercrafts, habitats, hang-gliding, halyards, healthcare and horticulture have in common? Natural fibres like wool, cotton, silk, jute and linen were used to make textiles more than 5,000 years ago. Textiles, once used primarily as a means of protecting oneself from the environment and for ornamentation, has moved beyond the home into construction, transportation, aerospace, agriculture and medicare, over the last hundred years.
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Techtextil Indiaâ€â€the premier business event for the technical textile and nonwovens industry players in Indiaâ€â€will return to Mumbai this September with a host of new innovations and latest market insight of the technical textiles and nonwovens. The event is being organised by Messe Frankfurt Trade Fairs India Pvt Ltd and is part of the company´s international portfolio of 45 fairs that highlight innovations and show what is driving the global textile industry.
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.
The 2008 recession was another defining moment in the life of Indian textile industry, and a study by Rajan Nagpal & Ronak Agarwal reveals the effect of the slowdown on the return on equity % and the profit margin % of the major textile firms following that period.
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.
Anuj Bhagwati, who now heads the A.T.E. Group, joined the Group in 1994. He has been actively involved in a wide range of activities in the group: he introduced IT to the group, managed several companies, put together joint ventures, and has been a part of divestments, turnarounds, start-ups and scale-ups. In the process he has transformed A.T.E. into a modern and technology oriented group.
Anuj Bhagwati, who now heads the A.T.E. Group, joined the Group in 1994. He has been actively involved in a wide range of activities in the group: he introduced IT to the group, managed several companies, put together joint ventures, and has been a part of divestments, turnarounds, start-ups and scale-ups. In the process he has transformed A.T.E. into a modern and technology oriented group.