Industry body urges targeted support to boost competitiveness and jobs. The Confederation of Indian Textile Industry (CITI) has welcomed the Economic Survey 2025–26, saying it provides…
Browsing: Ashwin Chandra
In this interview, Ashwin Chandra, Chairman, The Southern India Mills’ Association (SIMA), delves into challenges ailing the spinning industry.
Benefits of automation are clear and visible. However, capital intensive nature of the textile industry and lack of availability of funds are hampering adoption of automation in India. But Indian textile industry has no choice but to invest in modern technologies to stay relevant in the global textile value chain, says Rakesh Rao.
While Indian spinners are benefiting from the higher global cotton yarn demand at present, the re-emergence of the Covid 19 pandemic could play a spoilsport, says Rakesh Rao