The Textile Machinery Manufacturers´ Association (TMMA) (India) hosted a 55th Annual General Meeting on August 13, 2015 at Sunset Lounge, Hotel Trident, Mumbai.
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The predominantly cotton based textile industry has been producing almost 75 per cent of the spun yarn from cotton and therefore, this industry has been subjected to crisis due to volatility in the prices.
This technical article from the series ¨Higher profitability with Rieter complete systems¨ deals with automatic rotor spinning. The US market, resurgent in recent years, was selected as the location for the economic analysis, which also examines the issue of flexibility in detail.
TUF scheme of the Ministry of Textiles, Government of India can be cited as one of the best examples to demonstrate the influence of government fiscal policy and focused financial assistance
Despite having production capacity, India lost production opportunity of 5,00,000 tonne in volume and Rs 5,000 crore in value.
The National Skill Development Corporation (NSDC) has announced Pradhan Mantri Kaushal Vikas Yojana Scheme (PMKVY) to facilitate the unemployed youth to get trained, certified and placed in various manufacturing sectors and gives financial assistance ranging from Rs 6,000 to Rs 12,000 depending upon the skill level and also Rs 2,500 for the existing employees to undergo recognition of prior learning training and get certificates.
The 13th edition of ´INDO inter TEX 2015´, the Indonesia International Textile and Garment Machinery & Accessories Exhibition, organised jointly by PT. Peraga Nusantara Jaya Sakti, Indonesia, received a tremendous response from 452 exhibitors from 24 countries, including 17 Indian exhibitors.