India is the second largest producer of man-made fibres (MMF) in the world with presence of large plants having state-of-the art technology. MMF textiles constitute almost two-third of the domestic textile market. However, India´s share in global exports of value -added textiles of MMF is miniscule.
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The Hon?ble Minister was apprised that while Textile Industry was expecting a strong focus from the Government, however, there was no mention of it and nothing was done in the Budget to improve the health of the Textile sector.
Coimbatore district, known as the textile hub of Tamil Nadu or is called as the ´Manchester of South India´, has over 900 textile mills, 7 million spindles, 1 lakh rotors, 2 lakh powerlooms, 99,000 automatic shuttle looms, 59,000 plain looms, 39,000 semi-automatic looms, and over 70 per cent of machinery, spares & accessories, rotors, etc.
Dr Anupkumar Rakshit has 37 years of hands-on experience profound knowledge of manufacturing product innovation. Dr Rakshit´s association with Suvin would facilitate the entire value chain of the textile industry.
Acche Din´ for the Indian textile industry seemed to have come true, when the curtains came down after lively presentations and debates addressing an audience of over 400 on the second day of the 8th Asian Textile Conference (Atexcon), organised recently by the Confederation of Indian Textile Industry (CITI) at the Westin Hotel in Mumbai.
The 8th Asian Textile Conference (Atexcon), being organised by The Confederation of Indian Textile Industry (CITI) will be held on 22nd & 23rd September 2014 at Hotel Westin, Mumbai, India. The U.S. Foreign Commercial Service, Department of Commerce, USA is the supporter of the 8th ATEXCON.
Indian textile industry is the second largest in the world, next to China. But the gap between the No 1 and No 2 is huge. If we go back to the 50s, India used to have a larger market share in the textile & clothing – say about 13 per cent.