Browsing: CMTI

The expectation from the new government in the centre was very high. However the situations at the ground level did not alter much. The government´s attention was concentrated on macro issues. This could not lift the morale of the industry.

The expectation from the new government in the centre was very high. However the situations at the ground level did not alter much. The government´s attention was concentrated on macro issues. This could not lift the morale of the industry.

Good news: Textile machinery production has gone up by 15 per cent in 2013-14 out of which spinning machinery´s contribution is over 50 per cent. Bad news: Textile machinery import is still soaring, and attempt to produce high-tech machines in India is a non-starter.