Saurer Technologies experienced a significant decline of 44.3 per cent in the first half of the year.
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The 60th Annual General Meeting of The Southern India Mills’ Association (SIMA) was held on September 9, 2019 at The Residency, Coimbatore.
A. Monforts Textilmaschinen GmbH & Co. KG has introduced a range of new Industry 4.0 technologies aimed at simplifying machine operation while providing easy access to all data and instant or remote assistance.
Connecting for Success was the theme of the second GOTS seminar in Dhaka on September 8, 2019. It was the second regional GOTS event in Bangladesh, after the one held in November 2016.
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.
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.