The Indian textile industry, employing over 105 million people, has been pleading for several urgent measures relating to Technology Upgradation Fund (TUF) scheme, levies on man-made fibre duties, enhanced incentives under Focus Market Scheme to compensate partially, the disadvantages in the tariff rates for Indian textile products prevailing in various countries till the FTAs are finalised.
Browsing: Indian textile industry
Some years ago, IT was moving at a snail´s pace in the Indian textile industry, but now even SMEs are going all-out for ERPs and PLMs, thanks to the realisation that these packages help in the long run, reports Indian Textile Journal.
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.
Since its inception in 1963, the Wool Research Association (WRA) has been catering to the needs of woolen and allied industries through its dedicated R&D and technical services including testing & training. With Designation as ¨Centre of Excellence(COE)
The Indian textile industry is currently on a roll. The textile industry?a leader among major industries in India?has overtaken Germany and Italy to be the world No. 2 in textile exports, but it lags behind China, whose exports are whopping seven times higher, according to a data released by the Apparel Export Promotion Council, the industry body for garment exporters.
Indian textile industry has shown a strong growth, sustained by strong domestic consumption. Availability of raw materials such as cotton, wool, silk and jute in huge quantity and skilled workforce has made India an important player in the textile industry. During FY14, powerloom is expected to be almost flat as compared to FY13.
Processing is considered a weak link within the Indian textile industry. But for K·sters, it is its forte. K·sters Calico Machinery Private Limited, one of the leaders in textile processing machines, has been [successfully] serving the textile industry globally for over 17 years.