KPR Mill from Coimbatore is planning to add a greenfield manufacturing facility of 36 million garment per annum capacity at an estimated cost of Rs 175 crore.
Browsing: Indian Textile
Indian textile and clothing market is estimated to more than double from Rs $58 billion in 2013 to $138 billion by 2023 . All the three segments, apparels, home textiles and technical textiles, are expected to double their market size.
The current budget for 2015-16 is considered as growth oriented by various experts, but I think for textile Industry, it is not very promising budget. The Government´s vision of growing Indian textile and apparel industry to US$ 220 billion by 2020 needs more support and schemes from government. Unfortunately major demands of Industries have not been met in current budget.
Mayer & Cie established themselves on the Indian market. Mayer & Cie meets high approval by the Indian textile producers above all through their high class and extremely versatile circular knitting machines.