Cash crunch is very much the talk of the town today! Though demonetisation is a bold decision taken by the Government, it has left a sudden jerk in the entire textile chain. Textile retailers faced the immediate impact and other intermediaries in the value chain are facing it now with a lag of a few weeks with reduced orders due to slower offtake.
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Rieter is the leading supplier of installations for manufacturing yarns from short staple fibres. As a competent partner, Rieter makes customers‘ lives easier. It provides advice and support from the initial investment discussions to the successful operation of their spinning mills.
Make in India initiative, launched a couple of years ago by the Modi Government, has also caught the serious attention of the textile industry, which seemed to have progressed well on this front. The ITJ takes a closer look with some highlights from the current scenario.
Make in India initiative, launched a couple of years ago by the Modi Government, has also caught the serious attention of the textile industry, which seemed to have progressed well on this front. The ITJ takes a closer look with some highlights from the current scenario.
The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.
At INDIA ITME, Schlafhorst held a small celebration at the Saurer exhibition booth to mark the handover of this milestone winding unit to the India-based company Kanchan India Ltd.
Luwa India Pvt. Ltd, the market leader in the field of textile air engineering displayed its: MultiCell Filter MCV with its compact and space saving design, and the new efficient and power saving Axial Flow Fan Series B600.